High Voltage Plays

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LIEG Net income for the year ended June 30, 2015 was $412,875 compared to a net loss of $6,429,565 for the year ended June 30, 2014. The variance in net income (loss) is primarily due to: mineral rights impairment expense of $6,485,438 recorded during the year ended June 30, 2014, a gain on settlements of $1,536,822 incurred during the year ended June 30, 2014, a decrease in general and administrative expenses of $622,422, and a decrease of $1,031,656 in net interest expense.