Daleco Resources Corp. reported earnings results for the three months ended March 31, 2013. For the period, net revenues were $162,165, a slight increase when compared to the $159,818 recorded during the three months ended March 31, 2012. Loss from operations was $321,231 compared to a loss of $328,993 in the same period of 2012. The company reported a net loss of approximately $374,170 or $0.01 per share loss compared to a net gain of $496,000 or $0.01 per share for the same three month period ended March 31, 2012 which included a one time gain of $898,335 from the sale of undeveloped oil & gas properties in March 2012.

On May 6, 2013, the Audit Committee of the Board of Directors of Daleco Resources Corp. approved the engagement of Mayer Hoffman McCann P.C. as independent registered public accounting firm.

On May 6, 2013, the Audit Committee of the Board of Directors of Daleco Resources Corp. dismissed Vasquez & Company LLP as company's independent registered public accounting firm.