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WYM Waymar Resources Ltd

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Share Name Share Symbol Market Type
Waymar Resources Ltd TSXV:WYM 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 -

Waymar Resources Ltd. Releases Audited Results for the Year Ended December 31, 2009

22/04/2010 3:15pm

Marketwired Canada


Waymar Resources Ltd. (TSX VENTURE:WYM) today announced its audited results for
the year ended December 31, 2009.


The Company's net loss for the year ended December 31, 2009 was $135,207 ($0.01
per share) as compared to $284,103 (0.01 per share) for the year ended December
31, 2008.


The following are the Financial Highlights for the year ending December 31, 2009
with comparatives:




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                                                     Year ended           
                                                    December 31,          
                                          --------------------------------
Operating Results                                  2009               2008
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Total expenses                             $    136,733      $     315,612
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Net loss before undernoted                    (136,733)          (315,612)
  Impairment of resource property                 (259)            (3,618)
  Recovery of acquisition costs                       -             18,285
  Interest income                                 1,813             16,950
  Foreign exchange loss                            (28)              (108)
                                                                          
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Net loss and comprehensive loss               (135,207)          (284,103)
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Basic and diluted loss per common share          (0.01)             (0.01)
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                                                 As at December 31,       
                                          --------------------------------
Balance Sheet Highlights                           2009               2008
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Cash and cash equivalents                  $    347,706      $     488,191
Total assets                                    384,510            522,231
Total liabilities                              (12,961)           (15,475)
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Share capital, and contributed surplus       19,086,327         19,086,327
Accumulated other comprehensive income           56,268             56,268
Deficit                                    (18,771,046)       (18,635,839)
Working capital                                 371,549            506,756

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