Financial Statements

TRS.CDNX Consolidated Financial Statements

CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT 

 

9 Months Ended November 30, 2000

9 Months Ended November 30, 1999

EXPENSES

   

Amortization

$         - $      -

Bank charges and interest

3,103 334

Consulting fees

- 44,740

Management fees

10,800 31,500

Office and miscellaneous

6,242 12,552

Professional fees

13,944 8,962

Telephone

1,779 1,695

Transfer agent and regulatory fees

7,280 9,150

Travel and promotion

1,367 933
  (44,515) (109,866)

OTHER ITEMS

   

Interest and other income

50 181

Write-off of mineral properties (Note 7)

- -
  50 181

Loss for the period

(44,465) (109,685)

Deficit, beginning of period

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

Deficit, end of period

$ (3,541,307) $ (3,503,908)

Loss per share

$         (0.005) $         (0.02)

 

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


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