EX-99.4 6 ex99-4.txt PRO FORMA COMB STMT OF OPERATIONS FTQE 3/31/01 EXHIBIT 99.4 PRINCETON MINING COMPANY Pro Forma Combined Consolidated Statement of Operations For the Three Months Ended March 31, 2001 (Unaudited)
PRINCETON BRITTANY PRO FORMA PRO FORMA HISTORICAL HISTORICAL ADJUSTMENTS COMBINED ---------- ---------- ----------- -------- Revenues $ -- $ -- (A) $ 2,775 $ 2,775 ----------- ------ ------------ ------------ Operating expenses 750 -- (A) 1,605 2,355 General and administrative 19,492 -- (A) 278 19,770 ----------- ------ ------------ ------------ 20,242 -- 1,883 22,125 ----------- ------ ------------ ------------ Loss from operations (20,242) -- 892 (19,350) ----------- ------ ------------ ------------ Other expense: Interest expense 3,606 -- (A) 910 4,516 Write-down of mineral property 8,000 -- 8,000 ----------- ------ ------------ ------------ 11,606 -- 910 12,516 ----------- ------ ------------ ------------ Net loss (31,848) -- (18) (31,866) =========== ====== ============ ============ Net loss per share, basic and diluted $ (0.00) $ -- $ (0.00) $ (0.00) =========== ====== ============ ============ Weighted average common shares outstanding, basic and diluted 9,569,140 18,000,000 27,569,140 =========== ============ ============
(A) Brittany did not have prior operations, accordingly, the pro forma amounts are all estimates based upon current leases and agreements.