Simba Energy cuts operational losses by 26%
Simba Energy Inc (CVE:SMB) cut its operational loss by 26% in the year ended June 30 from a year earlier, the company said as it announced its full-year results.
The loss shrank to C$1.12mln from C$1.52mln in June 2015.
The company’s assets also swelled C$9.96mln from C$8.9mln a year earlier.
The comprehensive loss for the year was stable at C$2.22mln from C$2.2mln in 2015.
SMB’s strategy is to focus on oil and gas opportunities in unexplored onshore frontier basins of Africa.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/168706/simba-energy-cuts-operational-losses-by-26-168706.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).