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SNI.PR.A Sonor Investments Ltd

5.15
0.00 (0.00%)
12 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sonor Investments Ltd TSXV:SNI.PR.A TSX Venture Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 5.15 5.15 5.72 0 18:46:23

Sonor Investments Limited Reports Third Quarter Financial Results

25/11/2013 6:47pm

Marketwired Canada


Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial
results for the nine months ended September 30, 2013. 




                  9 months ended September 30   3 months ended September 30 
                          2013           2012           2013           2012 
                          $000           $000           $000           $000 
----------------------------------------------------------------------------
                                                                            
Revenue                    449          1,227            174            124 
                                                                            
Net Income                                                                  
 (loss)                     44            820             17            (33)
                                                                            
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Michael Gardiner, President and Chief Executive Officer, stated that as at
September 30, 2013 the Company's assets totaled $56.5 million. These assets
included $12.1 million of marketable securities, $35.6 million in a private
investment and $8.7million of cash and cash equivalents.


During the nine months ended September 30, 2013, the Company realized no capital
gains or losses on the sale of investments. In the comparable period for 2012
there were net capital gains of $825,000. During the three months ended
September 30, 2013 and the three months ended September 30, 2012, Sonor realized
no capital gains or losses on the sale of investments.


During the period under review, the Company has maintained net assets and
qualified investments in excess of the amounts prescribed under the share
conditions pertaining to the First Preference Shares in its capital stock.


Sonor Investments Limited is an investment company located in Toronto, Canada.
The First Preference Shares of Sonor trade on The TSX Venture Exchange under the
symbol SNI.PR.A.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sonor Investments Limited
Mr. Michael Gardiner
President and CEO
(416) 369-1499


Sonor Investments Limited
Mr. Stephen Mills
Treasurer & CFO
(416) 369-1499

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