Amazon Reports Q2 Results and Company Update

Amazon Mining Holding Plc (TSX-Venture: AMZ) announced today its unaudited interim consolidated financial statements for the three and six-month period ended June 30, 2008. Reports indicated for the three-month period ended June 30, 2008 the net loss increased substantially to (pnds stlg)2,205,719 from a loss of (pnds stlg)43,941 compared to the three-month period ended July 31, 2007. For the six-month period ended June 30, 2008 the net loss increased to (pnds stlg)2,666,426 from a loss of (pnds stlg)130,210 compared to the six-month period ended July 31, 2007. The loss widened during Q1-2008 due to the commencement of active exploration activities late in December 2007. read more

Source: Amazon Mining Holding Plc