03:15:20 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Santa Rosa Resources Corp (2)
Symbol STR
Shares Issued 6,871,324
Close 2015-05-27 C$ 0.05
Market Cap C$ 343,566
Recent Sedar Documents

Santa Rosa Resources loses $7,228 in Q1

2015-05-28 15:50 ET - News Release

Mr. David Roberts reports

SANTA ROSA RESOURCES CORP. REPORTS FINANCIAL RESULTS FOR Q1 2015

Santa Rosa Resources Corp. has released its quarterly results for the period ended March 31, 2015. The financial statements have been prepared in accordance with international financial reporting standards.

David Roberts, president and chief executive officer, said, "The directors and officers of Santa Rosa Resources Corp. are continuing to seek a suitable new opportunity for the company."

Financial results

For the three months ended March 31, 2015, the company incurred a loss of $7,228 compared with a loss of $6,185 for the three months ended March 31, 2014. Operating expenses for the three months ended March 31, 2015, were $7,228, compared with $6,185 for the three months ended March 31, 2014.

Liquidity and outstanding share capital

As at March 31, 2015, the company had current assets of $24,386 and current liabilities of $33,740 for a working capital deficit of $9,354 compared with a working capital deficiency of $2,126 at Dec. 31, 2014.

Additional information

This news release should be read in conjunction with the company's interim financial statements for the three months ended March 31, 2015, and the notes thereto, together with management's discussion and analysis for the corresponding period, which are available on SEDAR.

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