GBM Gold Ltd. announced audited consolidated earnings results for the half-year ended December 31, 2016. For the half year, loss before income tax was AUD 799,057, net loss was AUD 591,988 and earnings per share from continuing operations were 0.001 cents per diluted share against loss before income tax of AUD 367,867, net loss of AUD 367,867 and earnings per share from continuing operations were 0.001 cents per diluted. Net cash outflow from operating activities was AUD 564,419 against AUD 239,118 a year ago. Acquisition of property, plant & equipment was AUD 11,800 against AUD 391,223. Net tangible assets per ordinary share as on December 31, 2016 was AUD 0.002 compared to AUD 0.002 as on December 31, 2015.