High Desert Gold Releases Q2 2012 Financial Statements

- August 24th, 2012

High Desert Gold (TSXV:HDG) released its unaudited condensed interim consolidated financial statements. The company reported that as of June 30th, 2012, it had a working capital of $2.4 million.

High Desert Gold (TSXV:HDG) released its unaudited condensed interim consolidated financial statements. The company reported that as of June 30th, 2012, it had a working capital of $2.4 million.

As quoted in the press release:

As at June 30, 2012, the Company had working capital of $2.4 million, including cash and cash equivalents of $3.0 million. The Company also owns 10.7 million shares of Highvista Gold Inc. (TSX VENTURE:HVV) (34.2% equity interest) which had a quoted value of $1.6 million as at June 30, 2012. These shares are subject to a time-released regulatory escrow agreement and a contractual lock-up undertaking entered into by the Company.

Click here to view the full press release.  

http://www.marketwire.com/press-release/high-desert-gold-corporation-files-second-quarter-2012-financial-statements-tsx-venture-hdg-1694064.htm

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