Watermark Global Plc announced unaudited Consolidated preliminary earnings results for the year ended December 31, 2012. For the year, the company reported loss before tax of GBP 866,086 against GBP 819,669 a year ago. Loss for the year from continuing operations was GBP 866,086 or 0.06 pence per basic and diluted share against GBP 819,669 or 0.07 pence per basic and diluted share a year ago. Profit for the year was GBP 1,389,246 or 0.09 pence per basic and diluted share against loss for the year of GBP 996,842 or 0.08 pence per basic and diluted share a year ago. Net cash used in operating activities was GBP 2,074,280 against GBP 597,876 a year ago.

The company announced the resignation of Jaco Schoeman as Managing Director and Board Member, becoming Chief Executive of Mine Restoration Investments Ltd. Justin Lewis has appointed as Board Member of the company. Most recently, Justin has led the development of Beacon Hill Resources Plc.