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Cornucopia Resources announces audited financial statement.


VANCOUVER, British Columbia--(BUSINESS WIRE)-- April 1, 1996-- Cornucopia cornucopia (kôr'nykō`pēə), in Greek mythology, magnificent horn that filled itself with whatever meat or drink its owner requested.  Resources Ltd. announces that the Board of Directors have approved the audited financial statements of the Company for the year ended December 31, 1995. These are summarized below: -0-

                             Year Ended December 31,
                              1995              1994
                              ---------------------------------
                              (Stated in United States Dollrs)


Operating Summary


Revenues                     $  315,144        $  263,457
Gross Profit (loss) from
mining operations                (19,749)           40,724
Interest and other income        280,914           204,652
Net loss                      (2,640,663)       (1,924,518)
Loss per share                     (0.10)            (0.09)
Increase (decrease) in cash   (5,387,816)        1,514,894
Financial Status
Total assets                  11,561,496        13,369,024
Working Capital                1,015,931         6,349,434
Shareholders' equity           9,420,622         7,043,872


Cornucopia is listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 (CNP (Certified Network Professional) A professional designation and accreditation given to individual IT networking professionals by the Network Professional Association (www.npa.org). ) and is quoted on the Nasdaq Small-Cap Issuers Market (CNPGF).

CONTACT: Debbie Barfurth-Wood

Treasurer

Investor Relations Investor relations

The process by which the corporation communicates with its investors.
: Richard Roy

For other people named Richard Roy, see Richard Roy (disambiguation).


Richard Roy is a director, actor and screenwriter. Filmography
Director
  • 1990 : Moody Beach
  • 1996 : Caboose (film)
 or Dale Paruk

1-800-436-4404

Shareholder Hotline: 1-800-558-9035
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 1, 1996
Words:159
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