GBM Gold Ltd. reported audited consolidated earnings results for the year ended June 30, 2014. For the period, the company reported sales revenue of AUD 9,663. Loss from continuing activities was AUD 5,041,145 against AUD 1,051,630 a year ago.

Loss for the year from continuing operations was AUD 5,041,145 against AUD 1,051,630 a year ago. Loss for the year attributable to owners of the company was AUD 4,011,877 against AUD 2,969,025 a year ago. Basic and diluted loss per share was 0.01 cents against 0.01 cents a year ago.

Net cash outflow from operating activities was AUD 3,429,800 against AUD 3,577,951 a year ago. Acquisition of property, plant & equipment was AUD 564,353. Acquisition of exploration and evaluation assets was AUD 548 against AUD 6,802 a year ago.