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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fountain Asset Corp | TSXV:FA | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.005 | -10.00% | 0.045 | 0.045 | 0.05 | 0.045 | 0.045 | 0.045 | 310,000 | 16:54:05 |
TORONTO, Nov. 26, 2019 /CNW/ - Fountain Asset Corp. (TSXV:FA) ("Fountain" or the "Company") is pleased to announce financial results for the third quarter ended September 30, 2019 ("Q3/19").
"The Company posted a decline in Adjusted Net Asset Value quarter over quarter during Q3/19. The decline was driven by Sweet Natural Trading, Green Growth Brands, and Cansortium," said Andrew Parks, CEO of Fountain.
Highlights from the three months ended September 30, 2019:
Highlights from the nine months ended September 30, 2019:
A full set of Q3/19 unaudited financial statements and the management discussion & analysis are available on SEDAR.
About Fountain Asset Corp.
Fountain Asset Corp. is a merchant bank which provides equity financing, bridge loan services (asset back/collateralized financing) and strategic financial consulting services to companies across many industries such as marijuana, oil & gas, mining, real estate, manufacturing, retail, financial services, and biotechnology.
Neither TSX Venture Exchange Inc. 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.
SOURCE Fountain Asset Corp.
Copyright 2019 Canada NewsWire
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