Counsel Corporation
TSX : CXS

Counsel Corporation

May 12, 2005 17:54 ET

Counsel Corporation Announces 2005 First Quarter Results

TORONTO, ONTARIO--(CCNMatthews - May 12, 2005) - Counsel Corporation (TSX:CXS) today reported its financial results for the three months ended March 31, 2005. The Management's Discussion & Analysis and Financial Statements have been filed and are available on SEDAR (www.sedar.com).

About Counsel Corporation

Counsel Corporation (TSX:CXS) is a diversified company with operations in three specific sectors: communications, real estate and long-term care. Counsel's communications platform is focused on building upon its existing communications investment, Acceris Communications Inc. (OTCBB: ACRS), through organic growth and by acquiring additional customer revenues. Counsel's real estate platform has a focused strategy of investing in and developing income producing commercial properties, primarily retail shopping centers. Counsel's long-term care includes the operation of seven nursing homes, which was previously reflected in discontinued operations. For further information, visit Counsel's website at http://www.counselcorp.com.

Contact Information

  • Counsel Corporation
    Gary Clifford
    Chief Financial Officer
    (416) 866-8170
    or
    Counsel Corporation
    Stephen Weintraub
    Executive Vice President & Secretary
    (416) 866-3058