Golden Band Resources Inc. reported earnings results for the third quarter ended January 31, 2015. For the quarter, the company incurred a net loss of CAD 2,352,654 compared to a loss of CAD 15,630,989 a year ago. The decrease in the net loss is mainly due to the suspension of the mining operations.

Revenues were CAD 187,000 against CAD 6,683,000 a year ago. Net loss per share was CAD 0.01 against CAD 0.06 per share a year ago. Cash flow used in operations was CAD 866,000 against CAD 8,147,000 a year ago.