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Golden Band Resources reports results for the first quarter ended July 31, 2013
Golden Band Resources reports results for the first quarter ended July 31, 2013.
About this update from Golden Band Resources Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nGolden Band Resources reports results for the first quarter ended July 31, 2013\n\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\n\n\n\n\n\nGolden Band Resources reports results for the first quarter ended July 31, 2013\n\nCanada NewsWire\n\nSASKATOON, SK, Sept. 27, 2013\n\n\n\n\n\n\n\n\nTSX.V: GBN | OTCQX: GBRIF\n\n\n\n\n\nSASKATOON, SK, Sept. 27, 2013 /CNW/ - Golden Band Resources Inc.\n (\"Golden Band\" or the \"Company\") (TSXV: GBN; OTCQX: GBRIF) today\n reported results for the first quarter 2014.\n\n\n\nThe Company incurred a net loss before income tax of $4,242,144 in Q1\n 2014 compared to a loss before income tax of $4,946,940 in Q1 2013. \n The decrease in the net loss from Q1 2013 to Q1 2014 is mainly due to a\n decrease in expenses.\n\n\n\nA summary of financial results is presented below. All dollar amounts\n presented are Canadian dollars, unless otherwise specified.\n\n\n\n\nSUMMARY QUARTERLY INFORMATION\n\n\n\n\n\n\n\n\nCDN $\n\n\nQ1 2014\n\n\nQ4 2013\n\n\nQ3 2013\n\n\nQ2 2013\n\n\nQ1 2013\n\n\nQ4 2012\n\n\nQ3 2012\n\n\nQ2 2012\n\n\n\n\n\n\n\nGold ounces sold\n\n\n-\n\n\n3,532\n\n\n3,882\n\n\n7,920\n\n\n7,929\n\n\n8,872\n\n\n9,969\n\n\n11,950\n\n\n\n\n\n\n\nRevenues ($000's)\n\n\n-\n\n\n$ 5,726\n\n\n$ 6,460\n\n\n$12,746\n\n\n$12,733\n\n\n$14,966\n\n\n$17,163\n\n\n$20,757\n\n\n\n\n\n\n\nCash cost of sales\n($000's)\n\n\n$1,801*\n\n\n$10,476\n\n\n$10,975\n\n\n$12,509\n\n\n$11,026\n\n\n$14,269\n\n\n$9,850\n\n\n$10,756\n\n\n\n\n\n\n\nNet income (loss)\n($000's)\n\...