Financial Statements |
TRS.CDNX Consolidated Financial Statements |
| CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT |
|
3 Months Ended May 31, 2001 |
3 Months Ended May 31, 2000 | |
EXPENSES |
||
Amortization |
$ - | $ - |
Bank charges and interest |
215 | 751 |
Management fees |
4,200 | 2,500 |
Office and miscellaneous |
3,600 | 2,193 |
Professional fees |
122 | 4,774 |
Telephone |
902 | - |
Transfer agent and regulatory fees |
4,136 | 2,586 |
Travel and promotion |
2,727 | 1,367 |
| (15,902) | (14,171) | |
OTHER ITEMS |
||
Interest and other income |
- | 50 |
Write-off of deferred exploration (Note 7) |
- | - |
Write-off of mineral properties (Note 6) |
- | - |
| - | 50 | |
Loss for the period |
(15,902) | (14,121) |
Deficit, beginning of period |
(3,571,022) | (3,396,842) |
Deficit, end of period |
$ (3,586,924) | $ (3,510,963) |
Loss per common share |
$ (0.002) | $ (0.002) |
The accompanying notes are an integral part of these financial statements.
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