Financial Statements

TRS.CDNX Consolidated Financial Statements

CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT 

 

6 Months Ended August 31, 2000

6 Months Ended August 31, 1999

EXPENSES

   

Amortization

$         - $      -

Bank charges and interest

1,219 218

Consulting fees

- 34,240

Management fees

7,700 21,000

Office and miscellaneous

4,150 9,335

Professional fees

12,727 7,375

Telephone

1,275 1,690

Transfer agent and regulatory fees

5,843 7,096

Travel and promotion

1,367 933
  (34,281) (81,907)

OTHER ITEMS

   

Interest and other income

50 181

Write-off of mineral properties (Note 7)

- -
  50 181

Loss for the period

(34,231) (81,726)

Deficit, beginning of period

(3,496,842) (3,394,223)

Deficit, end of period

$ (3,531,073) $ (3,475,949)

Loss per share

$         (0.005) $         (0.02)

 

The accompanying notes are an integral part of these financial statements. 



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