Platino Energy Corp. Announces Year End 2013 Financial Results
14 März 2014 - 12:40AM
Marketwired
Platino Energy Corp. Announces Year End 2013 Financial Results
CALGARY, ALBERTA--(Marketwired - Mar 13, 2014) - Platino Energy
Corp. ("Platino" or the "Company") (TSX-VENTURE:PZE) announces the
release of its audited consolidated financial results for the year
and quarter ended December 31, 2013, together with its management's
discussion and analysis, both of which will be made available on
the Company's website at www.platinoenergy.com and SEDAR at
www.sedar.com.
SUMMARY YEAR END 2013 FINANCIAL RESULTS |
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SELECTED FINANCIAL INFORMATION |
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(US$000s, except shares and data per share) |
Year Ended |
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Year Ended |
|
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December 31, 2013 |
|
December 31, 2012 |
|
Net gain / (loss) |
|
(14,995 |
) |
|
(1,320 |
) |
Basic and diluted net gain / (loss) per share |
$ |
(0.22 |
) |
$ |
(0.02 |
) |
Weighted average shares outstanding |
|
|
|
|
|
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- Basic and Diluted |
|
68,343,397 |
|
|
67,942,164 |
|
Expenditures on E&E Assets |
|
18,340 |
|
|
10,384 |
|
|
|
December 31, 2013 |
December 31, 2012 |
Cash and equivalents, and short term investments |
54,659 |
89,518 |
Working capital surplus |
53,564 |
79,268 |
Long-term debt |
- |
- |
Total assets |
112,302 |
141,574 |
Common shares |
69,492,164 |
67,942,164 |
About Platino
Energy
Platino is a
Calgary, Alberta headquartered resource company engaged in the
exploration for, and the acquisition, development and production of
hydrocarbons in Colombia.
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE
Platino Energy Corp.BogotaTomas VillamilPresident & Chief
Executive Officer+57(1) 235-0007Platino Energy Corp.CalgaryTyler
RimbeyVice President, Business Development+1(403) 262-6046Platino
Energy Corp.Andres Cuenca LController & Interim CFO+57(1)
235-0007
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