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BRIEF-Premier Gold Mines Reports Quarterly loss of $0.01 per share

Published 2018-11-06, 11:11 p/m
© Reuters.  BRIEF-Premier Gold Mines Reports Quarterly loss of $0.01 per share
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Nov 6 (Reuters) - Premier Gold Mines Ltd PG.TO :

* PREMIER GOLD MINES REPORTS 2018 THIRD QUARTER RESULTS

* QTRLY CONSOLIDATED PRODUCTION OF 20,100 OUNCES OF GOLD AND 89,512 OUNCES OF SILVER

* SAYS COMPANY REPORTED $27.3 MILLION IN REVENUE DURING Q3 COMPARED TO $50.0 MILLION DURING Q3 2017

* QTRLY LOSS PER SHARE $0.01

* PREMIER GOLD MINES -MAINTAINS FULL-YEAR CONSOLIDATED GOLD PRODUCTION GUIDANCE OF 90,000 - 100,000 OUNCES

* SAYS UPDATED MERCEDES MINE SILVER FORECAST OF 225,000 - 250,000 OZ FOR 2018

* HAS BEEN ADVISED THAT REPUBLIC METALS CORPORATION ("RMC") FILED FOR CHAPTER 11 BANKRUPTCY PROTECTION

* PREMIER GOLD - RMC PROCESSES GOLD AND SILVER DORÉ PRODUCED FROM PREMIER'S MERCEDES MINE; CURRENTLY PROCESSING ABT 7,000 OUNCES OF PREMIER'S MATERIAL

* PREMIER GOLD - IS WORKING WITH ITS COUNSEL TO ASSERT ITS LEGAL RIGHTS FOR RETURN OF ITS MATERIAL AND IS ASSESSING ALTERNATIVE PROCESSING ARRANGEMENTS

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