PhosCan Chemical Announces Results for Quarter Ended April 30, 2010

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    PhosCan Chemical Announces Results for Quarter Ended April 30, 2010

    TORONTO, ONTARIO -- (Marketwire) -- 06/08/10 -- (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 April 30, 2010.Financial ResultsPhosCan reported a net loss for the quarter ended April 30, 2010 of $590,000 compared to $729,595 during the same period of the previous year. The decrease in net loss of $139,595 was due primarily to decreases in general and administrative expenses, stock-option compensation expenses and professional and legal fees, partly offset by an increase in foreign exchange losses, each described below.General and administrative

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