Anooraq Resources Corporation (ANO)

Anooraq Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of platinum group metals prospects in the Bushveld Complex of the Republic of South Africa. Anooraq Resources Corporation was incorporated in 1983 and is based in Sandton, South Africa.

For the nine months ended 30 September 2006, Anooraq Resources Corporation (USA) reported no revenues. Net loss fell 74% to C$2.9M. Revenues reflects the absence of any revenue generating activities. Lower loss reflects a decrease in conference & travel expenses, lower exploration costs, the presence of gain on disposal of fixed assets, decreased office & administration expenses and lower stock based compensation costs.