03:39 PM EST - CIC Energy Corp. : reported a net loss for the three-month period ended February 29, 2012 of $1,606,593 or $0.03 per share (basic and diluted), compared to a net loss of $5,557,093 or $0.11 per share (basic and diluted) for the same period last year. The first quarter of 2012 was the Company's first reporting period under International Financial Reporting Standards. CIC Energy Corp.
shares T.ELC are trading up $0.09 at $1.08.