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DLT Mission Gold Ltd

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Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mission Gold Ltd TSXV:DLT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Delta Gold Corporation Announces Third Quarter Financial Results

21/08/2013 9:30pm

Marketwired Canada


Delta Gold Corporation (the "Company") (TSX VENTURE:DLT) reports that it has
filed on SEDAR (www.sedar.com). its unaudited condensed interim consolidated
financial statements and related management discussion and analysis ("MD&A") for
three and nine months ended June 30, 2013.


With the recent financings and the cash contributed from the ADR amalgamation
the Company had a cash and cash equivalents balance of $5.9 million at June 30,
2013.


The Company completed the amalgamation with ADR Capital Corp. and related
financings during February 2013. The financing provided gross proceeds of $5.0
million. The amalgamation purchase price (the total fair value of the
consideration less the total fair value of the identifiable nets assets
acquired) resulted in a net loss of $1.0 million, which significantly
contributed to the net loss for the nine months ended June 30, 2013.


Overall, the Company reported a net loss of $0.6 million and $2.6 million for
the current three and nine months periods compared with $1.0 million and $2.8
million for the comparative periods.


Delta Gold Corp. is a development stage mining company whose goal is to build a
successful mid-tier gold producer committed to industry-leading technical,
environmental and social best practices. Our business strategy is to identify
and evaluate mineral investment opportunities located in favourable
jurisdictions and settings, and to prudently acquire and develop projects that
are economically, socially and environmentally viable.


Neither the Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Exchange) accepts responsibility for the adequacy
or accuracy of this release.


Forward-Looking Statements

This document may contain "forward-looking information" within the meaning of
Canadian securities legislation and "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995
(collectively, "forward-looking statements"). These forward-looking statements
are made as of the date of this document and Company does not intend, and does
not assume any obligation, to update these forward-looking statements, except as
required under applicable securities legislation. By their very nature
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Delta Gold Corporation
Marco Romero
President & CEO
604-681-2020, ext. 101
info@deltagold.com

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