Las Vegas, NV -- (SBWIRE) -- 10/30/2013 -- Western Graphite Inc (OTCBB:WSGP) announced that it extended the terms and conditions pertaining to Kokanee flake graphite property Letter of Intent. The extension applies till November 29, 2013.
Western last communicated its financial reports that mentioned no revenues. The company during quarter ended June 30, 2013 had net loss of $30,000.
The company has relatively low losses yet the loss trend of past few quarters show that losses are increasing over period. The company had no loss and not profit during quarter ended September 30, 2012.
Western Graphite Inc, previously Lucky Strike Explorations Inc. deals with natural resource acquisition, exploration and development. The company is involved in capital formation, organization and development of its business plan. The company does not own any property or earns revenues currently.
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