Financial Statements

TRS.CDNX Consolidated Financial Statements

CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT 

 

3 Months Ended May 31, 2000

3 Months Ended May 31, 1999

EXPENSES

   

Amortization

$         - $      -

Bank charges and interest

751 539

Consulting fees

- 19,240

Management fees

2,500 10,500

Office and miscellaneous

2,193 4,120

Professional fees

4,774 7,833

Telephone

- 894

Transfer agent and regulatory fees

2,586 3,487

Travel and promotion

1,367 420
  (14,171) (47,033)

OTHER ITEMS

   

Interest and other income

50 181

Write-off of mineral properties (Note 7)

- -
  50 181

Loss for the period

(14,121) (46,852)

Deficit, beginning of period

(3,396,842) (3,394,223)

Deficit, end of period

$ (3,510,963) $ (3,441,075)

Loss per share

$         (0.01) $         (0.01)

 

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



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