Business
Great Western Minerals Group releases 2012 financial results
Great Western Minerals Group releases 2012 financial results.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"\n\n\n\n\n\n\n\nGreat Western Minerals Group releases 2012 financial results\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\nGreat Western Minerals Group releases 2012 financial results\n\nPR Newswire\n\nSASKATOON, SK, April 2, 2013\n\n\n\n\n\n\n\nTSX Venture Symbol: GWG \nOTCQX: GWMGF\n\n\n\nCUSIP: 39141Y 10 3\n\n\n\n\nSASKATOON, SK, April 2, 2013 /PRNewswire/ - Great Western Minerals Group Ltd.\n (\"GWMG\" or the \"Company\") (TSXV: GWG) today announced its financial\n results for the year ended December 31, 2012.\n\n\n\nGWMG has reported its results under International Financial Reporting\n Standards. For the twelve months ended December 31, 2012, GWMG's\n financial highlights are as follows:\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\nTwelve months ended\nDecember 31, 2012\n\n\nTwelve months ended\nDecember 31, 2011\n\n\n\n\n\n\n\nRevenue\n\n\n$15,687,298\n\n\n$15,932,936\n\n\n\n\n\n\n\nGross Margins\n\n\n$4,251,513\n\n\n$5,604,231\n\n\n\n\n\n\n\nEarnings (Loss)\n\n\n$(19,205,984)\n\n\n$(22,097,770)\n\n\n\n\n\n\n\nEarnings (Loss) per share\n\n\n$(0.046)\n\n\n$(0.058)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGWMG President and Chief Executive Officer Marc LeVier said, \"2012 was a\n year of accomplishments and challenges. We successfully closed a $90\n million convertible bond offering, developed our Preliminary Economic\n Assessment and advanced the refurbishment of the Steenkampskraal\n project, all with the intent of achieving our g...