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AFFERRO MINING INC. PUBLICATION OF QUARTER 1, 2011 ACCOUNTS

Jun. 28, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION IN THE UNITED STATES OR FO...

articleAffinity Metals CorpJune 28, 20113/company/affinity-metals/news/afferro-mining-inc-publication-of-quarter-1-2011-accounts
AFFERRO MINING INC. PUBLICATION OF QUARTER 1, 2011 ACCOUNTS

About this update from Affinity Metals Corp

[{"type":"text","content":"\n\n\n Jun. 28, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n\n\n\n/NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US\n NEWS WIRE SERVICES./\n\n\nTSX-V: AFF\n\n\nAIM: AFF\n\n\nLONDON, UK, June 28, 2011 /CNW/ - Afferro Mining Inc. ("Afferro" or the\n "Company"), the TSX-V / AIM listed exploration and development company\n with iron ore projects in Cameroon and Liberia, is pleased to announce\n the release of the Q1 2011 Condensed Interim Consolidated Financial\n Statements (unaudited) of the Company for the period ended, March 31,\n 2011 which should be read in conjunction with the accompanying\n Management Discussion and Analysis. These documents have been filed on\n Sedar and are available on the Company's website http://www.afferro-mining.com or at www.sedar.com.\n\n\nLuis da Silva, President and CEO of Afferro commented: \n\n\n"This is the first period for reporting the financial condition of\n Afferro based on International Financial Reporting Standards and the\n last quarter as a combined iron ore and gold company.\n\n\nSince period end the Company completed the Plan of Arrangement at which\n time the Company's interests in its gold assets, Stellar Diamonds Plc,\n and cash and cash equivalents of approximately $10.6 million were\n transferred to Aureus Mining Inc. Whilst the resulting split into two\n companies came at a very difficult time for the equity markets, the\n board believes that the pure play commodity str...

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