Discovery Energy Corp. Announces Audited Consolidated Earnings Results for the Year Ended February 28, 2017
Discovery Energy Corp. announced audited consolidated earnings results for the year ended February 28, 2017. For the period, the company reported net loss of $7,794,225 compared to $284,281 a year ago. Net loss per common share - basic and diluted was $0.06 against $0.00 a year ago. Net cash used in operating activities was $4,029,073 against $296,171 a year ago. Cash paid for oil and gas property bond was $38,440.