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CanAm Coal Corp. (TSXV:COE,OTCQX:COECF) announced third quarter financial results.
CanAm Coal Corp. (TSXV:COE,OTCQX:COECF) announced third quarter financial results.
As quoted in the press release:
Generated revenue of $8.7 million in Q3 as compared to $1.2 million in Q3 of last year; Topped $19 million in revenue for nine months of fiscal 2012 as compared to $3.8 million last year.
CanAm’s CEO, Tim Bergen said:
Our cash position continues to be healthy with cash on hand of $5.0 million, including $1.8 million of restricted cash associated with reclamation deposits, at October 31, 2011.
Click here for the CanAm Coal Corp. (TSXV:COE) press release.
