Santa Rosa Resources Corp. Reports Financial Results for Q3 2013
29 November 2013 - 8:21AM
Marketwired
Santa Rosa Resources Corp. Reports Financial Results for Q3 2013
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 28, 2013) -
Santa Rosa Resources Corp. (TSX Venture:STR.H) ("The Company")
today announced its quarterly results for the period ended
September 30, 2013. The financial statements have been prepared in
accordance with International Financial Reporting Standards.
Financial Results
The Company incurred a net loss of $6,615 and $20,805 for the
three and nine month period ending September 30, 2013, as compared
to a net loss of $32,536 and comprehensive loss of $486,082 for the
comparative three and nine month period ending September 30,
2012.
Operating expenses were $6,615 and $20,805 for the three and
nine month period ending September 30, as compared to operating
expenses of $32,536 and $93,888 for the comparative three and nine
month period ending September 30, 2012.
Liquidity and Outstanding Share Capital
As at September 30, 2013 the Company had a working capital
deficit of $13,884.
As at November 28, 2013 the Company had 4,471,323 common shares
issued and outstanding.
Additional Information
This news release should be read in conjunction with the
Company's interim financial statements for the three and nine
months ended September 30, 2013 and the notes thereto, together
with the MD&A for the corresponding period, which are available
on SEDAR at www.sedar.com.
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.
Santa Rosa Resources Corp.David RobertsPresident+1 604 688
1511droberts@penderfinancial.com
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