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Louvem Mines Inc.

10:15 AM EST - Louvem Mines Inc. : reported second-quarter net income of $975 thousand, compared to $990 thousand last year. Net earnings per basic share was flat at prior year's $0.04. Quarterly revenue declined to $4 million from $4.6 million in the comparable period a year ago. Louvem Mines Inc. shares V.LOV are trading unchanged at $0.55.