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Share Name | Share Symbol | Market | Type |
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TSXV:PZE | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
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 ---------------------------------------------------------------------------- SELECTED FINANCIAL INFORMATION ---------------------------------------------------------------------------- (US$000s, except shares and data per share) Year Ended Year Ended December 31, December 31, 2013 2012 ---------------------------------------------------------------------------- Net gain / (loss) (14,995) (1,320) ---------------------------------------------------------------------------- Basic and diluted net gain / (loss) per share $ (0.22) $ (0.02) ---------------------------------------------------------------------------- Weighted average shares outstanding - Basic and Diluted 68,343,397 67,942,164 ---------------------------------------------------------------------------- Expenditures on E&E Assets 18,340 10,384 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- December 31, December 31, 2013 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 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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