09:43 AM EST - Feronia Inc. : Released its financial results for the three months ended March 31, 2017. All amounts in this release are expressed in U.S. dollars. Revenues of $2,147,000 (Q1 2016: $3,966,000) primarily from the sale of 2,422 tonnes of CPO at an average price of $723 per tonne (Q1 2016: 5,551 tonnes at $636 per tonne). Net loss of $5.8 million or $0.01 per share (Q1 2016: net loss of $0.3 million or $0.01 per share), an increase largely the result of a decrease in finance income of $6,292,000. Feronia Inc.
shares V.FRN are trading unchanged at $0.24.
