Strata Releases 2012 Audited Financial Statements and MD&A
TORONTO, Oct. 25, 2012 /CNW/ - Strata Minerals Inc. (TSXV: SMP) ("Strata" or the "Company") is pleased to announce it has filed on SEDAR its audited financial statements along with the associated Management Discussion and Analysis for the year ended June 30, 2012. Highlights from the filing include:
- June 30, 2012 working capital position of $0.476 million
- Exploration expenses to June 30, 2012 of $0.342 million
- Cash on hand as of October 25, 2012 stood at approximately $0.625 million
- Shares outstanding as of October 25, 2012 totalled 68,306,620
"Peter Kozicz"
President, CEO
About Strata Minerals Inc.
Strata Minerals Inc. is an emerging, Australasia focused, agricultural nutrient company exploring for commercial scale phosphate rock mineralization deposits. Armed with the objectives of becoming a supplier to the global fertilizer industry and generating wealth for its shareholders, Strata is currently advancing its phosphate exploration projects in Western Australia and Queensland and intends to broaden its focus to other agricultural nutrients including potash and lime. All references to the Company in this release include the Company's wholly owned Australian subsidiary, Strata Minerals Pty Ltd. For further information, please refer to the Company's website at www.strataminerals.com.
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 news release.
SOURCE: Strata Minerals Inc.
Please contact:
Peter Kozicz, President & CEO
Tel: 1 416 460-1159
Email: [email protected]
Brent Lokash, EVP & CFO
Tel: 1 604 862-5190
Email: [email protected]
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