Platino Energy Corp. Announces Year End 2013 Financial Results
March 13 2014 - 6:40PM
Marketwired Canada
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 Year Ended
December 31, December 31,
2013 2012
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Net gain / (loss) (14,995) (1,320)
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Basic and diluted net gain / (loss) per share $ (0.22) $ (0.02)
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Weighted average shares outstanding
- Basic and Diluted 68,343,397 67,942,164
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Expenditures on E&E Assets 18,340 10,384
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December 31, December 31,
2013 2012
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Cash and equivalents, and short term
investments 54,659 89,518
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Working capital surplus 53,564 79,268
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Long-term debt - -
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Total assets 112,302 141,574
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Common shares 69,492,164 67,942,164
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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
FOR FURTHER INFORMATION PLEASE CONTACT:
Platino Energy Corp.
Bogota
Tomas Villamil
President & Chief Executive Officer
+57(1) 235-0007
Platino Energy Corp.
Calgary
Tyler Rimbey
Vice President, Business Development
+1(403) 262-6046
Platino Energy Corp.
Andres Cuenca L
Controller & Interim CFO
+57(1) 235-0007
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