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Ascendant Resources Inc.

09:55 AM EST - Ascendant Resources Inc. : Announced production results from its El Mochito mine for the first quarter of 2018 demonstrating its continued production improvements highlighted by an average head grade of 6.1% ZnEq, which is a significant improvement over the fourth quarter average head grade of 5.3% ZnEq, and a strong closing cash balance of $13.1 million U.S. as at March 31, 2018. Contained metal production for the quarter was 21.4 million ZnEq lbs, an increase of 9% over the fourth quarter 2017 and 57% over the first quarter 2017. Ascendant Resources Inc. shares T.ASND are trading unchanged at $0.09.