Dec 18 (Reuters) - Orvana Minerals Corp ORV.TO :
* Reports year end, fourth quarter fiscal results and provides operational
update and 2016 guidance
* Says updated 2015 guidance met
* Continuing to implement a cost reduction plan in order to meet its objectives
of optimizing production and lowering unitary costs
* Says effects of cost reductions are expected to be realized by mid-fiscal
2016
* Qtrly loss per share $0.06
* Qtrly adjusted loss per share $0.06
* Qtrly revenue $20.4 million versus $44 million
* Source text for Eikon ID:nPrebrwRYa
* Further company coverage ORV.TO