North American Tungsten Corp. Ltd. reported financial results for the third quarter and nine months ended June 30, 2014. The company announced net loss of $0.4 million or $0.00 per share for the three months ended June 30, 2014. Cash flows from operations before change in non-cash working capital were $2.7 million for third quarter of 2014

The company announced net loss of $2.5 million or $0.01 per share for the nine months ended June 30, 2014. These results are substantially improved compared to a net loss of $6.3 million and a net loss of $13.7 million for the comparable periods in fiscal 2013. Cash flows from operations before change in non-cash working capital were $8.6 million for the nine months ended June 30, 2014, a significant improvement from an outflow of $0.3 million and $0.5 million respectively, in the comparable 2013 periods.

The company's production decreased to 59,877 mtus during the third quarter of 2014, driven primarily by lower grade mill feed and metallurgical recovery. Sales revenues were $22.5 million for the quarter and $66.0 million for the nine month period. This was an increase of 7% and 15% respectively due to higher realised prices as compared to the comparable periods of fiscal 2013. There was a further significant benefit from the decline in the exchange value of the Canadian dollar.