Rodinia Oil Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012
For the six months, the company reported net loss of CAD 1,965,301 or CAD 0.02 per basic and diluted share compared to net loss of CAD 4,411,403 or CAD 0.04 per basic and diluted share for the same period a year ago. Cash used in operating activities was CAD 6,210,429 compared to cash provided by operating activities of CAD 2,871,995 for the same period a year ago. Exploration and evaluation expenditures were CAD 170,548 compared to CAD 23,909,015 for the same period a year ago.