Business
StrikePoint Gold Inc. - Restatement of June 30, 2010 Interim Consolidated Financial Statements
StrikePoint Gold Inc. - Restatement of June 30, 2010 Interim Consolidated Financial Statements
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"\n\n\n\n Sep. 23, 2010 (Canada NewsWire Group) -- \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\nCALGARY, Sept. 23 /CNW/ - StrikePoint Gold Inc. (the "Company") has filed restated June 30, 2010 consolidated financial statements and MD&A to accurately reflect the stock-based compensation for 6,500,000 stock options granted in June 2010 vesting one-third on the grant date and one-third on the first and second anniversaries of the grant date as specified in the option agreements. Such stock-based compensation was previously recognized on the basis of immediate vesting. The restatement reduces the Company's net loss and comprehensive loss for the three and six months ended June 30, 2010 by $1,382,530.\nThe following table presents the impact of the restatement on the Company's previously reported financial statements for the three and six months ended June 30, 2010:\n\n\n >\n\n\nNeither 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.\n\n\n\n \nStrikePoint Gold Inc., Courtney Shearer, President and Corporate Secretary, Tel: (403) 532-8276, Fax: (888) 255-9404, [email protected]\n\n","length":3741,"tagName":"div"}]