Brief: Orvana Minerals Q2 Revenue $36 Mln

Orvana Minerals

14/05/2019 20:36

May 14 (Reuters) - Orvana Minerals Corp  ORV.TO :
    * ORVANA REPORTS IMPROVED SECOND QUARTER FINANCIAL RESULTS
    * Q2 REVENUE $36 MILLION
    * ON TRACK TO DELIVER 2019 PRODUCTION GUIDANCE
    * QTRLY GOLD PRODUCTION OF 27,306 OUNCES AND 1.4 MILLION
POUNDS OF
COPPER
    * QTRLY EARNINGS PER SHARE $0.02
    * QTRLY AISC OF $1,107 - 5% LOWER COMPARED TO $1,161 IN Q1
2019
    * PURCHASE AGREEMENT TO ACQUIRE TAGUAS GOLD PROPERTY, SAN
JUAN,
ARGENTINA
    * ORVANA - AS CONSIDERATION FOR 100% OF TAGUAS, WILL GRANT
VENDOR
NET SMELTER ROYALTY EQUAL TO 2.5% ON FUTURE METALS PRODUCTION
MINED FROM PROPERTY

Source text for Eikon:  ID:nCNW5NmLxa 
Further company coverage:  ORV.TO 

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