PhosCan Chemical Announces Results for Quarter Ended October 31, 2010

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    PhosCan Chemical Announces Results for Quarter Ended October 31, 2010

    (PR-inside.com) TORONTO, ONTARIO -- (Marketwire) -- 12/13/10 -- (All dollar amounts are expressed in Canadian currency unless otherwise noted.)PhosCan Chemical Corp. (TSX: FOS) today released its quarterly results for the period ended October 31, 2010.PhosCan reported net income of $174,742 for the three months ended October 31, 2010 compared to a net loss of $287,238 for the same period of the previous year. The net loss for the nine months ended October 31, 2010 was $433,791 compared to a net loss of $1,721,494 for the same period of the previous year. Cash and cash equivalents plus short-term investments were $68,083,976 ..

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