BLAINE, WA, Dec. 1 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of $391,303 or $0.01 per share for the three months ended September 30, 2009, compared to a net loss of $580,420 or $0.01 per share in the same period of the prior year. The decrease in the loss mainly reflects decreases in general and administrative expenses and professional fees in the period this year.
The Financial Statements and Notes and Management's Discussion and Analysis have been filed on SEDAR and are available at www.sedar.com.
"Ross F. Burns"
President & CEO
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responsibility for the adequacy or accuracy of the contents of this press
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
SOURCE TAMERLANE VENTURES INC.
For further information: For further information: Tamerlane Ventures Inc., Phone: (360) 332-4653, Fax: (360) 332-4652, Website: www.tamerlaneventures.com