VANCOUVER, Oct. 18, 2011 /CNW/ - JBZ Capital Inc. (TSX-V: JBZ) is pleased to announce that it has filed on Sedar its audited financial statements along with the associated Management Discussion and Analysis for the year ended June 30, 2011. Highlights from the filings include:
- June 30, 2011 working capital position of $1.86 million
- Exploration expenses to June 30, 2011 of $0.46 million
- Cash on hand as of October 14, 2011 stood at $1.7 million
- Shares outstanding as of October 14, 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 five 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.