Brief: Ascendant Resources Announces Positive Free Cash Flow For Q4 2017
11/01/2018 12:00
Jan 11 (Reuters) - Ascendant Resources Inc ASND.TO :
* ASCENDANT RESOURCES ANNOUNCES POSITIVE FREE CASH FLOW FOR
Q4
2017 AND PROVIDES 2018 GUIDANCE
* ASCENDANT RESOURCES SEES 2018 FREE CASH FLOW $14 MILLION -
$20
MILLION; SEES 2018 EBITDA $32 MILLION - $40 MILLION
* ASCENDANT RESOURCES INC - DURING Q4, CONTAINED ZINC
EQUIVALENT
METAL PRODUCTION WAS 19.6 MILLION POUNDS, UP BY 12PCT FROM Q3
* ASCENDANT RESOURCES INC - EXPECTED 41PCT-65PCT INCREASE
IN
CONTAINED METAL PRODUCTION IN 2018 AS COMPARED TO 2017
* ASCENDANT RESOURCES SEES 2018 SILVER PRODUCTION 900,000 -
1.2
MILLION OZS
* ASCENDANT RESOURCES INC - SEES 2018 ZINC EQUIVALENT METAL
PRODUCTION 93 TO 109 MILLION LBS
Source text for Eikon: ID:nGNXOLRLKa
Further company coverage: ASND.TO
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