In c9462 transmitted at 14:47e today, an error occurred in the headline. The sixth word should have read "Unaudited" instead of "Umaudited". Corrected copy follows:
Strata Minerals Inc. Releases Quarterly Unaudited Financial Statements and MD&A
TORONTO, Nov. 25, 2011 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) is pleased to announce that it has filed on Sedar its unaudited financial statements along with the associated Management Discussion and Analysis for the quarter ended September 30, 2011. Highlights from the filings include:
- September 30, 2011 net working capital position of $1.50 million
- Exploration expenses in the quarter of $0.13 million
- Net cash on hand as of November 25, 2011 stood at $1.34 million
- Shares outstanding as of November 25, 2011 totalled 59.31 million
ON BEHALF OF THE BOARD OF DIRECTORS
"Nigel Gellard"
President, CEO
About JBZ and Strata
JBZ, through its wholly-owned subsidiary, Strata Minerals Limited, is an
emerging, Australasia focused, agricultural nutrient company exploring
for commercial scale phosphate rock mineralization deposits. Armed
with the objectives of becoming a supplier to the global fertilizer
industry and generating wealth for its shareholders, Strata is
currently advancing its phosphate exploration projects in Western
Australia and Queensland and intends to broaden its focus to other
agricultural nutrients including potash and lime. For further
information, please refer to the Company's website at
www.strataminerals.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Nigel Gellard, President & CEO
Tel: +61 4 0793 8630
Email: n.gellard@strataminerals.com
Peter Kozicz, EVP & CFO
Tel: 1 905 815-9103
Email:p.kozicz@strataminerals.com
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