BRIGADIER GOLD LIMITED

CONSOLIDATED STATEMENT OF OPERATIONS AND DEFICIT
 FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2000  UNAUDITED


2000
$

1999

REVENUE

Fees

156,113

$412,836

156,113

$412,836

EXPENSES

Marketing and Support Costs

159,409

  427,579

General and Administrative

11,746

18,923

Amortization

9,871

9,972

181,026

456,474

NET (LOSS) for the period

(24,913)

( 43,638)

(Deficit), beginning of period

(540,638)

(399,993)

(Deficit), end of period

(565,551)

(443,631)

LOSS PER SHARE - Basic

(0.01)

(0.01)

 

 

 

CONSOLIDATED STATEMENT OF CHANGES IN FINANCIAL POSITION
 FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2000
 (UNAUDITED)

 

2000

1999

CASH WAS PROVIDED BY (USED IN):

 

 

OPERATING ACTIVITIES

 

 

Net Loss for the period

(24,913)

(43,638)

Charges to income not involving cash:

 

 

Debenture Interest

5,471

             5,236

Amortization

9,871

9,972

 

  (9,571)

(28,430)

 Changes in non-cash working capital balances:

5,252

(26,459)

 

(4,319)

(54,889)

FINANCING ACTIVITIES

 

 

Increase in Long-Term Debt

             -            

36,800

 

             -                        

36,800

INVESTING ACTIVITIES

 

 

Deferred Exploration Expenditures

(2,073)

(2,089)

Purchase of Capital Assets

    - 

 (6,027)

 

(2,073)

(8,116)

(Decrease) in cash and term deposits

(6,392)

(26,205)

Cash, beginning of period

47,467

106,236

Cash, end of period

41,075

80,031