Continental Precious Minerals, Inc. reported earnings results for the second quarter and six months ended November 30, 2012. For the quarter, the company reported net loss of CAD 2,523,320 or CAD 0.04 per share against net loss of CAD 467,615 or CAD 0.01 per share for the same period a year ago. The increase in net loss of CAD 2,055,705 was primarily due to an increase in operating expenses, legal and other costs relating to the proxy contest.

For the six months, the company reported net loss of CAD 2,851,526 or CAD 0.05 per share against net loss of CAD 702,771 or CAD 0.01 per share for the same period a year ago.