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Amarillo Gold Corporation

09:55 AM EST - Amarillo Gold Corporation : Today announced its financial results for the second quarter ended June 30, 2018. Quarterly losses amounted to $855,987, compared to $1.305 million in the prior-year quarter. The Company’s losses include non-cash items related to the gold linked loan consisting of accretion, mark to market adjustments for gold price fluctuation and foreign exchange; non-cash stock compensation expense; and non-cash deferred tax expense which aggregate to $160,771 for Q2 2018 (Q1 2017: $983,450) and $1,924,777 for YTD 2018 (YTD 2017: $2,094,842). Amarillo Gold Corporation shares V.AGC are trading unchanged at $0.24.