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Orvana Minerals Corp.

09:45 AM EST - Orvana Minerals Corp. : announced today financial results for the first quarter ended December 31, 2012. The Company reported adjusted net income for the first quarter of fiscal 2013 of $0.03 per share excluding the unrealized gain from the revaluation of the Company's financial instruments and the tax effect thereof. Consolidated revenue was $34,028 in the first quarter of fiscal 2013 compared to $15,373 in the first quarter of fiscal 2012, an increase of 121%. Net income of $13,651 in the first quarter of fiscal 2013 compared to a net loss of $4,505 in the first quarter of fiscal 2012. Orvana Minerals Corp. shares T.ORV are trading unchanged at $0.95.