Kimber Resources Inc. (KBR.TO) today reported its financial results for the year ended June 30, 2012, announcing a net loss of $3.56 million or four cents per share for the fiscal year, compared with a net loss of $2.96 million or four cents per share for the previous year.
The principal reasons for the increase in net loss were increases in salaries and benefits, including share-based compensation charges, and increased legal and consulting fees, the company said.
Kimber said its net assets increased by $4.9 million during the year, mainly from cash received through shares issued in a financing.
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