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HARVARD LAW

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HARVARD LAW

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Tuesday, 06/09/2015 6:36:17 PM

Tuesday, June 09, 2015 6:36:17 PM

Post# of 4969015
LBSR. "Results of Operations for the year ended January 31, 2015

We had net income of $4,115,431 for the year ended January 31, 2015 compared to a net loss of $2,318,047 for the year ended January 31, 2014. Net income increased by $6,433,478 due to the $5,322,943 gain on the debt settlement of debt with Northern Dynasty, a decrease in salaries and benefits of $220,322 due to a decrease in stock option grants, and a decrease in geological and geophysical costs of $290,067 due to decreased survey and land research."

The information is not intended as investment advice, as an on offer or solicitation of an offer to sell or buy. Subscribers and users of the free service assume the entire cost and risk of any trading they choose to undertake.

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