Breakwater Resources Ltd.
TSX : BWR

Breakwater Resources Ltd.

May 12, 2006 14:32 ET

Breakwater Resources Corrects Error Reported in Globe and Mail

TORONTO, ONTARIO--(Marketwire - May 12, 2006) -

Attention Business/Financial Editors:

Breakwater Resources Ltd. (TSX:BWR) reported its financial and operating results for the interim period ended March 31, 2006 late yesterday afternoon. The summary of the financial results fed to the Globe and Mail by the wire service contained an error which error subsequently appeared on page B17 of today's edition of the Report on Business section of The Globe and Mail. The correct information is set forth in the following table.



Breakwater Resources Ltd.

BWR - TSX

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1Q to Mar.31 Year ago

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Gross Sales Revenue $80,658,000 $91,301,000

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Net Earnings $38,867,000 $4,067,000

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Net Earnings Per Share Basic $0.10 $0.01

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Net Cash Provided by Operating Activities $32,190,000 $11,467,000

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Contact Information

  • Breakwater Resources Ltd.
    Richard Godfrey
    Chief Financial Officer
    (416) 363-4798 Ext. 276

    Breakwater Resources Ltd.
    Ann Wilkinson
    Vice President, Investor Relations
    (416) 363-4798 Ext. 277