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Article: Canada : MAG Silver Reports Second Quarter Financial Results.(Financial report)
- Article from:
- TendersInfo
- Article date:
- August 17, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
MAG Silver Corp. announces the Company's unaudited financial results for the six month period ended June 30, 2009. For complete details of the Second Quarter Interim Financial Statements and Management's Discussion and Analysis, please see the Company's filings on SEDAR or on EDGAR .
The Company's cash position at June 30, 2009 remained strong at $35.4 million. All amounts herein are reported in Canadian dollars unless otherwise specified. The Company's cash is all invested with the Royal Bank of Canada in guaranteed investment certificates or in an interest bearing current account.
The Company's primary asset is a 44% holding ...