Century Global Commodities Corp (TSX:CNT) has released interim financial statements for its fiscal first quarter, the company announced.
As of June 30, the company had net working capital of $7.6 million.
The consists of cash, bank deposits and marketable securities totaling $5.3 million along with accounts receivables and other current assets of $4.8 million, minus accounts payable and other current liabilities of $2.5 million.
Century Global Commodities Corp (TSX:CNT)oration is primarily a resource exploration and development company with a large portfolio of multi-billion tonne iron ore projects in Canada, mostly discovered by its own exploration team.
Century also owns 100% of the Joyce Lake Direct Shipping Ore project, its most advanced project. It has other non-ferrous metals properties under exploration as well as a well established food distribution business in Hong Kong (Century Food).
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