Business NewsMarketWire • Marret Resource Corp. Releases Q2 Financials

Marret Resource Corp. Releases Q2 Financials

Marret Resource Corp. Releases Q2 Financials

TORONTO, ONTARIO--(Marketwired - Aug. 10, 2016) - Marret Resource Corp. (TSX:MAR) ("Marret" or the "Company") announces that it has reported a total and comprehensive income for the three months ended June 30, 2016 of $1.3 million or $0.07 per share compared to an income of $1.2 million or $0.07 per share for the same period in 2015. For the six months ended June 30, 2016, the Company reported a total and comprehensive income of $0.8 million or $0.04 per share compared to an income of $3.9 million or $0.22 per share for the same period in 2015. As of June 30, 2016, the Company had total assets of $16.7 million, liabilities of $1.1 million, shareholders' equity of $15.6 million and a net asset value per share of $0.880 (including a value of $0.45 per share attributable to the Company's interest in Cline Mining Corp.). The financial statements along with management's discussion and analysis can be found on SEDAR (www.sedar.com) or on Marret's website (www.marret.com).

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