Cluff Natural Resources plc Announces Resignation of Nicholas Berry and Brian Fitzgerald for the Board of Directors; Reports Audited Preliminary Earnings Results for the Year Ended December 31, 2015
The company reported audited preliminary earnings results for the year ended December 31, 2015. For the year, operating loss was GBP 1,883,542 against GBP 1,744,886 a year ago. Loss before taxation was GBP 1,872,099 against GBP 1,725,014 a year ago. Loss for the year attributable to the equity holders of the company was GBP 1,872,099 or 1.00 pence per basic and diluted share against GBP 1,725,014 or 1.11 pence per basic and diluted share a year ago. Net cash used in operating activities was GBP 1,394,277 against GBP 1,533,324 a year ago. Purchase of intangible fixed assets was GBP 512,552 against GBP 208,081 a year ago. Purchase of property, plant and equipment was GBP 668 against GBP 573 a year ago.