Beaumont Select Corporations Inc. (BMN.A) Earns 72 Cents Per Share for Six Months

Beaumont Select Corporations Inc. (BMN.A) Earns 72 Cents Per Share for Six Months
  
 

CALGARY, ALBERTA--(Marketwired - Feb 27, 2014) - Beaumont Select Corporations Inc. (Beaumont) (TSX-VENTURE:BMN.A) has released its three and six months interim unaudited consolidated financial statements for the period ending December 31, 2013.

Highlights:

• Net income totalled 41 cents per share for the second quarter, and 72 cents per share for the first six months;
• 32.9% growth in the equity portion of its portfolio for the second quarter, and 73.6% for the first half of the year;
• 4.1% growth in sales for the first six months;
• EBITDA of 49 cents per share for the second quarter, and 85 cents per share per for the first six months.

Effective February 26th, Beaumont has appointed Gina Palmer to the position of Corporate Secretary, and Philip Gaiser C.M.A. to the position of Chief Financial Officer in place of Andrew Hyslop and Winston Ho Fatt, respectively. Mr. Ho Fatt is continuing to serve as the Corporation's Chairman and CEO and has been appointed as its Chief Investment officer, and Mr. Hyslop will continue to serve as a director of the Corporation.

We seek Safe Harbour.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Beaumont Select Corporations Inc.Philip GaiserChief Financial Officer403 250 8757