Augyva Mining Resources Files Amended Financial Statements
29 November 2011 - 1:41AM
Marketwired
Augyva Mining Resources Inc. ("Augyva" or "the Company") (TSX
VENTURE:AUV) today announced that it has filed amended Condensed
Interim Financial Statements (unaudited) for the six-month period
ended August 31, 2011 (the "Amended Condensed Statements").
The Condensed Interim Financial Statements for the six month
period ended August 31, 2011 (the "Condensed Statements) were
originally filed on October 28, 2011. The only change reflected in
the Amended Condensed Statements is to provide additional
disclosure in respect of the reconciliation of the total
comprehensive loss in accordance with accounting standards
applicable prior to the implementation of International Financial
Reporting Standards for the three-month period ended August 31,
2010. The result is a reduction of the total comprehensive loss of
$9,759 (see Note 19 of the Amended Condensed Statements). The
Company had previously only provided this information for the
six-month period ended August 31, 2010, which amounted to a
reduction of the total comprehensive loss of $12,377 for such
period.
There were no other changes made to the Condensed Statements as
previously filed. The Amended Condensed Statements can be found at
www.sedar.com.
About Augyva Mining Resources Inc.
Augyva is an exploration and development company holding five
properties located in the James Bay and Abitibi regions of the
Province of Quebec. Its major project is its interest in the Duncan
Lake Iron Ore Property located in the western part of the La Grande
Greenstone Belt. The property is accessible by road and covers
5,848 hectares. A National Instrument 43-101 compliant technical
report on the mineral resource was prepared by Met-Chem Canada Inc.
and was released in March 2010. The Duncan Lake Iron Ore Property
is subject to a joint venture agreement between Augyva Resources
and Century Iron Mines Corporation which has earned a 51% interest
and is currently making additional exploration expenditures to
increase their interest to 65%.
In addition to the Duncan Lake Iron Ore Project, Augyva holds a
100% interest in four other mineral properties, namely: Yasinski
and Kali in the James Bay region and Senneville and Malartic in the
Abitibi region. At these mineral properties, the exploration focus
is for other than iron ore.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Augyva Mining Resources Inc. Peter Jones CEO 416
309-2111
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