TORONTO, ONTARIO -- (Marketwire) -- 09/10/09 -- (All dollar amounts are expressed in Canadian currency unless otherwise noted.) PhosCan Chemical Corp. (TSX: FOS) announces its financial and operating results for the quarter ended July 31, 2009.Financial Results PhosCan reported a net loss for the quarter ended July 31, 2009 of $704,661 compared to $832,574 during the same period of the previous year. The decrease in net loss of $127,913 was due to decreases in general and administrative expense and stock-option compensation expense, offset partly by increases in professional and legal fees, a write-off of forfeited advances, and a decrease
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