Business
GREAT WESTERN MINERALS GROUP RELEASES 2nd QUARTER 2012 FINANCIAL RESULTS
GREAT WESTERN MINERALS GROUP RELEASES 2nd QUARTER 2012 FINANCIAL RESULTS.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"GREAT WESTERN MINERALS GROUP LTD. TSX Venture Symbol: GWG CUSIP: 39141Y 10 3OTCQX: GWMGF GREAT WESTERN MINERALS GROUP RELEASES 2nd QUARTER 2012 FINANCIAL RESULTS August 29, 2012 - Saskatoon, Canada: Great Western Minerals Group Ltd. (\"GWMG\" or the \"Company\", TSX:V – GWG) today announced its financial results for the 2nd Quarter of 2012. GWMG has reported its results under International Financial Reporting Standards. For the three months and six months ended June 30, 2012, GWMG’s financial summary and highlights are as follows: Three months ended June 30/12Three months ended June 30/11Six months ended June 30/12Six months endedJune 30/11Revenue $ 3,633,751 $ 5,178,295 $ 8,110,847 $ 9,415,774Gross Margins $ 997,075 $ 1,683,680 $ 2,788,011 $ 2,978,775Earnings (Loss) $ (3,928,034) $ (3,121,264) $ (6,985,811) $ (7,977,655) Earnings (Loss) per share $ (0.009) $ (0.002) $ (0.017) $ &nbs...