Australian-Canadian Oil Royalties Ltd. Third Quarter Report

November 25, 2011

Australian-Canadian Oil Royalties Ltd. (OTCQB: AUCAF.OB) reported revenue for its third quarter ended September 30, 2011 declined 10.8% to $35 thousand. The company’s net loss increased 165% to $39 thousand. The larger net loss was primarily due to higher depletion, personnel, and promotional costs partly offset by lower directors’ fees. The higher promotional cost were […]

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