Golden Band Resources Inc. reported earnings results for the fourth quarter and year ended April 30, 2015. For the quarter, the company reported net loss before impairment provision of CAD 5,175,000 compared to CAD 9,100,000 reported a year ago. Net loss was CAD 20,659,000 or CAD 0.07 per basic and diluted share compared to CAD 80,100,000 or CAD 0.28 per basic and diluted share reported a year ago. Cash used in operations was CAD 109,000 compared to cash from operations of CAD 2,566,000 reported a year ago.

For the year, the company reported revenue of CAD 1,155,544 compared to CAD 12,043,943 reported a year ago. Net loss before impairment provision on mine, plant and equipment was CAD 12,817,607 compared to CAD 36,626,706 reported a year ago. Net loss was CAD 28,301,868 or CAD 0.10 per basic and diluted share compared to CAD 107,626,706 or CAD 0.38 per basic and diluted share reported a year ago.