Business
Golden Goose Resources Inc. reports its 2008 annual results
MONTREAL, April 28 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is ple...
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, April 28 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V:\nGGR) (the "Company") is pleased to report its audited financial statements for\nthe year ended December 31, 2008 with comparative figures for 2007.\n\n\n2008 Operating results\n\n\nFor the year ended December 31, 2008, the Company reported a net loss of\n$304,227 or $0.01 per share compared to a net loss of $1,377,262 or $0.03 in\n2007. The net loss for the year was reduced by the income tax recovery of\n$960,344 ($207,800 in 2007) as a result of renunciations in favour of the\ninvestors by the Company of tax deductions totalling $4,532,083, which was\nraised through the issuance of flow-through shares in 2006 and 2007.\n\n\nFourth Quarter Results of Operations\n\n\nFor the fourth quarter of 2008, the Company reported a net loss of\n$649,704 ($0.01 per share) compared with a net loss of $401,493 ($0.01 per\nshare) for the same quarter of the preceding year. The increase in net loss is\nattributable the tax recovery reduction of $325,043 to reflect the final\ncombined tax rate for the year and offset by a reduction in stock-based\ncompensation of $119,931.\n\n\nABOUT GOLDEN GOOSE RESOURCES\n\n\nGolden Goose Resources Inc. is a Canadian public company listed on the\nTSX Venture Exchange under the symbol GGR. The Company is principally engaged\nin mineral exploration and acquisition and has a portfolio of gold, platinum\ngroup metals, and nickel properties in Ontario and Quebec.\n\n\n"Neither TSX Venture Exchange nor its Regulation Services Provider\n\n\n(as that term is defined in the policies of the TSX Venture Exchange)\n\n\naccepts responsibility for the adequacy or accuracy of this release."\n\n\n","length":1789,"tagName":"div"}]