TORONTO, July 14, 2020 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three months ended March 31, 2020.
Steve Williams, President and CEO of Pasinex, commented, “The  first quarter financial results continue to reflect the difficult times that Pasinex is going through as a consequence of significant impairment costs and virtually no dividend payment received from our Turkey joint venture in this quarter. On the positive side, we continue to receive support in the form of Shareholder loans that provide us the time to work through our issues with our Turkish JV partner. Also, as before, the underlying Pinargozu mine operation in Turkey continues with a positive operating margin. We remain determined to get the issues with our Turkey joint venture appropriately resolved.”Highlights – First Quarter 2020
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