11:56 AM EST - Colombia Goldfields Ltd. : reported first-quarter net income of $528,000 U.S. or $0.01 U.S. per share compared to a net loss of $6.2 million U.S. or $0.07 U.S. per share last year. The company noted that the first-quarter net income was driven by mineral property exploration costs of $280,000 U.S., general and administrative expenses of $331,000 U.S., and foreign exchange gains of $1.2 million U.S. due to favorable fluctuations in the exchange rate between the U.S. dollar and the Colombian peso. Colombia Goldfields Ltd.
shares T.GOL are trading even at $0.03.
