Las Vegas, NV -- (SBWIRE) -- 12/11/2013 -- Valor Gold Corp (OTCBB:VGLD) suffered losses during all the three quarters of the current year. The income statement of company for quarter ended September 30, 2013 suggests that it did not earn any revenues either.
Valor had $0.64 million operating loss during quarter. The operating loss was $0.53 million during second quarter. The company had a net loss of $0.31 million which is almost three quarter as compared to $0.98 million net loss of second quarter of year.
Valor Gold Corp., previously Felafel Corp., explores and produces gold and minerals in its existing properties of Red Rock Mineral Prospect and North Battle Mountain Mineral Prospect. The company signed Agreement and Plan of Merger with a company Red Battle Corp. Red Battle is now subsidiary of company.
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