Capstone Mining First Quarter 2017 Financial Results

Click to access 2017-Q1-Financial-Results-NR.PDF

Vancouver, British Columbia – Capstone Mining Corp. (“Capstone” or the “Company”) (TSX: CS) today announced its financial results for the quarter ended March 31, 2017. Cash flow from operating activities was $22.0 million or $0.06 per share. The net loss for the period was $7.4 million or $0.02 per share and the adjusted net loss was $2.0 million or $0.01 per share after adjusting for certain non-cash and non-recurring charges. Copper production for the quarter totalled 20,950 tonnes (20,230 tonnes of payable copper) at a C1 cash cost1 of $1.98 per payable pound produced with copper sales for the quarter of 21,582 tonnes at a C1 cash cost1 of $1.69 per payable pound sold. Capstone will hold a conference call and webcast on Wednesday, April 26, 2017 at 11:30 a.m. Eastern time (8:30 a.m. Pacific time) to discuss these results; call-in details and information on associated slides are provided at the end of this release. T

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