| Talon Reports Results for the Year Ended December 31, 2013 | |
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TSX:TLO
ROAD TOWN, Tortola, British Virgin Islands , March 31, 2014 /CNW/ - Talon Metals Corp., ("Talon" or the "Company") (TLO.TO) reported a net loss for the year ended December 31, 2013 of $7.2 million or $0.08 per share (basic and diluted), which was primarily the result of project evaluation, due diligence and administration expenses, as well as losses associated with the Company's investment in Tlou Energy. This compares to a loss of $18.4 million in 2012 or $0.20 per share (basic and diluted), which was due to similar factors.
Capitalized exploration costs on the Trairão Iron Project for the year amounted to $0.9 million . This compares to $2.6 million for the year ended December 31 , 2012. The total capitalized exploration cost on the Trairão Iron Project to December 31, 2013 amounts to $17.6 million .
Consolidated Audited Financial Statements for the years ended December 31, 2013 and 2012, together with Management's Discussion and Analysis and the Company's Annual Information Form, have been filed on SEDAR and are available at www.sedar.com.
About Talon
Talon is a TSX-listed company focused on the exploration and development of the Trairão Iron Project in Brazil . The Company has a well-qualified exploration and mine management team with extensive experience in project management.
SOURCE Talon Metals Corp.
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Talon Metals Corp.
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EXPLORATEUR |
CODE : TLO.TO |
ISIN : VGG866591024 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Talon Metals est une société d’exploration minière d'or basée au Bresil. Talon Metals détient divers projets d'exploration au Bresil. Ses principaux projets en exploration sont SAO JORGE, TRAIRAO, CAMPO GRANDE, SERRITA PROJECT et AGUA BRANCA au Bresil. Talon Metals est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 22,0 millions CA$ (16,1 millions US$, 15,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 01 avril 2011 à 3,14 CA$, et son plus bas niveau récent le 02 avril 2018 à 0,05 CA$. Talon Metals possède 129 649 992 actions en circulation. |