Delta Gold Corporation Announces Q1 2014 Financial Results
28 Febbraio 2014 - 12:29AM
Marketwired
Delta Gold Corporation Announces Q1 2014 Financial Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 27, 2014) -
Delta Gold Corporation (the "Company") (TSX-VENTURE:DLT) reports
that it has filed on SEDAR (www.sedar.com) its unaudited condensed
interim consolidated financial statements and related management
discussion and analysis ("MD&A") for three months ended
December 31, 2013.
The Company reported a loss and comprehensive loss for the three
months ended December 31, 2013 (the "Current Period") of $340,854
compared with $1,019,557 in for the three months ended December 31,
2012 (the "Comparative Period"). The activities in the Current
Period focused on business development investigations, while the
Comparative Period focused on the closing of the ADR Capital Corp.
transaction and the related equity financings.
The Company's cash and cash equivalents balance at December 31,
2013 was $5,081,796.
Delta Gold's CEO, Marco Romero, stated: "Delta is well
positioned to advance its business plan in 2014. Our company is
well funded and taking measures to conserve its valuable financial
resources while seeking to seize a judicious opportunity to grow
our company. We also continue to work hard to build local
relationships that will allow us to prudently advance the Imperial
Project."
Delta is also pleased to report, that all items to be voted on
at its Annual General Meeting (AGM) held on February 26, 2014 were
approved:
- Determined the number of director at seven,
- Election of directors:
- John P. A. Budreski,
- Jill Leversage,
- J. Christopher Mitchell,
- William Myckatyn,
- Ian Reid,
- Marco A. Romero, and
- Roman Shklanka,
- Appointment of PricewaterhouseCooper as auditors, and
- Continuation of the Company's share option plan.
Delta Gold Corp.is a development stage mining company whose goal
is to build a successful mid-tier gold producer committed to
industry-leading technical, environmental and social best
practices. Our business strategy is to identify and evaluate
mineral investment opportunities located in favourable
jurisdictions and settings, and to prudently acquire and develop
projects that are economically, socially and environmentally
viable.
Neither the Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-ooking Statements
This document may contain "forward-looking information" within
the meaning of Canadian securities legislation and "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 (collectively,
"forward-looking statements"). These forward-looking statements are
made as of the date of this document and Company does not intend,
and does not assume any obligation, to update these forward-looking
statements, except as required under applicable securities
legislation. By their very nature forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
Company to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements.
Delta Gold CorporationMarco RomeroPresident &
CEO604-681-2020, ext. 101info@deltagold.com
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