Micrex Development Corp. reported unaudited consolidated earnings results for the second quarter and first half ended February 29, 2012. For the quarter, the company reported net and comprehensive loss for the period of CAD 253,765 against CAD 224,052 a year ago. Loss per common share, basic and diluted was CAD 0.005 against CAD 0.005 a year ago. Loss before income taxes was CAD 874,449 against CAD 466,681 a year ago. For the first half, the company reported net and comprehensive loss for the period of CAD 308,713 against CAD 349,049 a year ago. Loss per common share, basic and diluted was CAD 0.006 against CAD 0.007 a year ago. Total cash outflow from operating activities were CAD 320,975 against CAD 401,931 a year ago. Investment in exploration and evaluation assets was CAD 454,411 against CAD 70,590 a year ago.