Waymar Resources Ltd. Releases Unaudited Results for the Three Months Ended March 31, 2010
May 27 2010 - 11:39AM
Marketwired Canada
Waymar Resources Ltd. (TSX VENTURE:WYM) today announced its unaudited results
for the three months ended March 31, 2010.
The Company's net loss for the period ended March 31, 2010 was $166,829 ($0.01
per share) as compared to $30,959 (0.00 per share) for the period ended March
31, 2009.
The following are the Financial Highlights for the period ending March 31, 2010
with comparatives:
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For the three months ended
March 31,
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Operation Results 2010 2009
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Interest income $ - $ 1,208
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Total expenses 166,829 32,167
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Net loss and comprehensive loss (166,829) (30,959)
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Basic and diluted loss per common share (0.01) (0.01)
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March 31, December 31,
Balance Sheet Highlights 2010 2009
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Cash and cash equivalents $ 271,872 $ 347,706
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Total assets 349,295 384,510
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Total liabilities 30,641 (12,961)
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Share capital, and contributed surplus 19,200,261 19,086,327
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Accumulated other comprehensive income 56,268 56,268
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Deficit (18,937,875) (18,771,046)
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Working capital 279,973 371,549
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