10:02 AM EST - Solex Resources Corp. : reported a narrower loss in fiscal year 2008 compared to last year. The reduction in net loss was mainly due to lower stock option expense, higher interest income and reductions in administrative expenditures. The company's fiscal 2008 net loss was $3.07 million or $0.05 per share, compared to a net loss of $4.35 million or $0.09 per share last year. Solex Resources Corp.
shares V.SOX are trading unchanged at $0.10.