Strata Minerals Releases Quarterly Unaudited Financial Statements and MD&A
TORONTO, May 30, 2012 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company") is pleased to announce that it has filed on SEDAR its unaudited financial statements along with the associated Management Discussion and Analysis for the quarter ended March 31, 2012. Highlights from the filings include:
March 31, 2012 net working capital position of approximately $744,000
Exploration expenses in the quarter of $71,900
May 28, 2012 net working capital position of approximately $630,000
- Shares outstanding as of May 28, 2012 totalled 61.8 million.
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. 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.