12:14 PM EST - Admiral Bay Resources Inc. : reported a net loss for the first quarter of $0.5 million, compared to a net loss of $3.6 million in the prior period, due to increased revenues and lower expenses and to improvements in the non-cash change in the mark-to-market of its natural gas hedges as well as lower amortization costs. Admiral Bay Resources Inc.
shares V.ADB are trading up 1 cent at $0.14.
