Samex Mining Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
For the nine months, the company has posted loss from operations of CAD 1,237,284 against CAD 3,486,568 a year ago. Net and comprehensive profit for the period was CAD 733,287 or CAD 0.01 basic and diluted per share against CAD 2,628,942 or CAD 0.02 basic and diluted per share a year ago. Net cash flows used in operating activities was CAD 2,617,103 against CAD 1,244,827 a year ago. Expenditures on exploration and evaluation assets were CAD 4,137,701 against CAD 1,757,559 a year ago. Expenditures on equipment were CAD 11,662 against CAD 43,028 a year ago.