Nordex Explosives Quarter 3 Financial Results
(firmenpresse) - KIRKLAND LAKE, ONTARIO -- (Marketwired) -- 11/27/15 -- NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX VENTURE: NXX) is pleased to announce the filing of the Third Quarter financial statements and management discussion and analysis for the fiscal period ended September 30, 2015. This information is available on SEDAR and the Corporation''s website.
Highlights for the Third Quarter ending September 30, 2015
President and CEO Jim Taylor states; "This quarter the affects of our reductions in general and administrative expenses have started to be realized as evidenced by increases in our gross margins each successive quarter in 2015. This trend is expected to continue for the balance of 2015 and into 2016. We also expect product demand to begin increasing in 2016 as we continue to focus on new opportunities in the construction and quarry sectors."
About Nordex Explosives
Nordex Explosives Ltd. is a Canadian based manufacturer and distributor of explosives for the mining, quarry and construction industries since 1970. Its manufacturing operations and distribution centre is strategically located in one of the world''s largest mining regions near Kirkland Lake, Ontario. Additional information can be found at .
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Nordex Explosives Ltd.
Jim Taylor
President and CEO
705 642 3265 extension 203
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Datum: 27.11.2015 - 10:06 Uhr
Sprache: Deutsch
News-ID 1400937
Anzahl Zeichen: 2744
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KIRKLAND LAKE, ONTARIO
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Mining & Metals
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