09:53 AM EST - Richmont Mines Inc. : said its first-quarter net earnings grew to $1.76 million or $0.07 per share from $1.43 million or $0.05 per share in the prior-year period. Revenue for the quarter increased slightly to $20.0 million from $19.9 million in the comparable period. Also, Richmont Mines announced its intention to proceed with a transaction to acquire the 30% of the issued and outstanding shares of Louvem Mines Inc. that are not currently owned by Richmont. Richmont Mines Inc.
shares T.RIC are trading even at $4.70.
