ELECTRA MINING REVENUES SOAR.VANCOUVER, BC--(BUSINESS WIRE)--April 28, 1995--For the fiscal year ending December 31, 1994, audited financial statements of Electra Mining Consolidated Ltd. show net earnings of $1.5 million or $0.51 net per share based on an income of $8.3 million. Assets have increased from $1.3 million in 1993 to $8.8 million in 1994. In total 30,000 ounces of gold were produced at its Aurora Aurora, cities, United States Aurora (ərôr`ə, ô–). 1 City (1990 pop. 222,103), Adams and Arapahoe counties, N central Colo., a growing suburb on the east side of Denver; inc. 1903. Gold Mine located near Hawthorne, Nevada Hawthorne is a census-designated place (CDP) in Mineral County, Nevada, United States. The population was 3,311 at the 2000 census. It is the county seat of Mineral CountyGR6. The nearby Hawthorne Army Depot is the primary economic base of the town. . Electra will use its cash resources and future earnings to expand its gold reserve base and to pursue the acquisition of new production projects. ON BEHALF OF THE BOARD Douglas B. Stelling President -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. INDUSTRY: MNG MNG Multiple-image Network Graphics (PNG-like image format supporting multiple images, animation and transparency) MNG Mongolia (ISO Country code) MNG Multinodular Goiter MNG Meet 'n Greet SUBJECT: ERN CONTACT: Douglas B. Stelling 604/685-4747 604/685-4730 (fax) |
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