Bay Street News

Pasinex Announces Second Quarter 2020 Financial Results

TORONTO, Oct. 09, 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 and six months ended June 30, 2020.
Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “The second quarter financial results are consistent with the past few quarters, but have stabilized from a cash flow perspective, primarily due to continued support through shareholder loans. There were positive developments at our joint venture partner subsequent to the quarter end, with the recent management changes and the beginning of the development of a fourth adit. We will continue to build on this positive momentum in making further changes and gains in Turkey in the coming months.”Highlights – Second Quarter 2020
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