latin gold ltd (LAT) Snapshot

Latin Gold Limited announced that John Macdonald has been appointed to the board of the company as a Non-Executive Director. John is a Geologist by training and he also holds a Graduate Diploma in Business Finance. John commenced his career as an exploration geologist before moving into the securities industry with CIBC Eyres Reed where he spent 15 years as a mining analyst and subsequently head of the research department. During that period, John gained extensive experience across the full range of minerals and bulk commodities as well as a strong understanding of project exploration and development.

Latin Gold Limited reported consolidated earnings results for the year ended June 30, 2012. The company reported revenue of AUD 1,463,405, loss before income tax expense of AUD 1,640,611, net loss attributable to parent entity of AUD 1,640,611 or 0.5 cents per basic and diluted share against revenue AUD 3,287,406, profit before income tax expense of AUD 701,525, net profit attributable to parent entity of AUD 701,525 or 0.2 cents per basic and diluted share a year ago. Net cash flows used in operating activities was AUD 245,422 against AUD 310,540 a year ago. Payments for exploration and evaluation were AUD 85,523 against AUD 315,269 a year ago.

Latin Gold Limited, Annual General Meeting, Nov 30, 2012., at 11:00 W. Australia Standard Time. Location: 103 Abernethy Road. Agenda: To consider annual report; adoption of remuneration report; re-election of director and approval of 10% placement facility.