Spur Ventures' Q3 losses lower than Q2

摘要

SPUR VENTURES Inc has announced its results for the third quarter of 2009, which reveals net losses of $356,484 against net losses in the second and first quarters of 2009 of $567,000 and $736,000, respectively. The improved results are largely attributed to timely loan repayments and to controlling and reducing operating costs, with cash and short-term investments recorded at $22.33 million as of October 31, 2009, according to a company's press release.