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Iteration Energy Ltd.

12:02 PM EST - Iteration Energy Ltd. : announced a first quarter net loss of $3.7 million or $0.06 per share, compared to net income of $2.6 million or $0.05 per share in the prior year quarter. Funds from operations were $12.4 million or $0.22 per share, up from $10.1 million or $0.19 per share in the previous year quarter. Iteration Energy Ltd. shares T.ITX are trading up 3 cents at $5.85.