Mobius Resources Announces Release of its Fourth Quarter 2014 Financial Results and Provides an Update on Activities

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Mobius Resources Announces Release of its Fourth Quarter 2014 Financial Results and Provides an Update on Activities body { font-size: 11pt; } .nr-sub-head ul, .nr-body ul { list-style-type: disc !important; margin-left: 2em !important; } .nr-sub-head ol, .nr-body ol { margin-left: 2em !important; } .nr-body p, .nr-body {margin-bottom: 0px !important; margin-top: 0px !important; -webkit-margin-before: 0px !important; -webkit-margin-after: 0px !important; font-family: Arial !important; font-size: 11pt !important; } tbody { border-top: 0; } H1 {font-weight: bold; font-size: 16pt; } H2 {font-weight: bold; font-size: 12pt; } H3 {font-weight: bold; font-size: 11pt; } H1.nr-head { font-family: Trebuchet MS !important; font-size: 16pt !important; color: #3D86C6 !important; font-weight:bold !important; text-align:center !important; } H2.nr-sub-head {font-weight: bold !important; display: block !important; text-align: start !important; font-family: Arial !important; font-size: 12pt !important; } .nr-body a { font-size: 11pt !important; } TABLE { width: auto!important; } Mobius Resources Announces Release of its Fourth Quarter 2014 Financial Results and Provides an Update on Activities Calgary, Alberta (FSCwire) - Mobius Resources Inc. (formerly Zodiac Exploration Inc.) (“Mobius” or the “Company”) (TSX VENTURE:MBS) announces that it has filed its financial statements and management’s discussion and analysis for the three and twelve months ended September 30, 2014 on SEDAR at www.sedar.com.     During the three months ended September 30, 2014, Mobius (all amounts s expressed in Canadian $000’s):   Commenced drilling operations of its first well targeting the Duvernay formation in the Snipe Lake area of Alberta; Performed abandonment and reclamation work with respect to the exploration well previously drilled in Montana; Continued its ongoing efforts to monetize the California properties through discussions with several third parties; Recognized asset impairments of $3,354 related to its assets in California ($3,243) and Montana ($111); and Ended the quarter with a cash balance of $7,952 and a working capital balance of $7,625.   FINANCIAL HIGHLIGHTS   Canadian $000’s Three months ended September 30 Twelve months ended September 30   2014 2013 2014 2013 Revenue & other income 27 72 3,4...

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