MGM Energy: 2012 Q1 Financial Results

MGM Energy Corp. (TSX:MGX) reported its 2012 first quarter financial results.

As quoted in the press release:

The Company reported a net loss for the three months ended March 31, 2012 of $1.6 million ($0.01 per share) as compared to a net loss of $4.3 million ($0.01 per share) for the three months ended March 31, 2011.

Click here to read the MGM Energy Corp. (TSX:MGX) press release.