Halmont Properties Corporation
TSX VENTURE : HHC

October 28, 2009 15:45 ET

Halmont Properties Corporation: 2009 Year End Results

TORONTO, ONTARIO--(Marketwire - Oct. 28, 2009) - HALMONT PROPERTIES CORPORATION (TSX VENTURE:HHC) announced today that the net income for the year ended June 30, 2009 was $1.7 million or $0.02 per share as compared to $0.5 million or $0.01 per share for the same period in 2008.

The Board of Directors has approved the change in year end from June 30 to December 31, with effect from July 1, 2009.



----------------------------------------------------------
Year ended
(in thousands) June 30, 2009 June 30, 2008
----------------------------------------------------------

Revenue $ 3,309 $ 2,716

Net income (loss) $ 1,709 $ 538

Net income per share $ 0.02 $ 0.01
----------------------------------------------------------


Halmont Properties Corporation invests directly in real estate and securities of companies with real estate interests.

This press release includes certain forward looking statements including management's assessment of the Company's future plans and operations based on current views and expectations. All statements other than statements of historic facts are forward looking statements. These statements contain substantial known and unknown risks and uncertainties, some of which are beyond the Company's control. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements. Readers should not place undue reliance on these forward looking statements which represent estimates and assumptions only as of the date on which such statements are made. The Company undertakes no obligation to publicly revise or update any forward looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Halmont Properties Corporation
    Edward C. Kress
    President
    416-956-5140
    416-203-9931 (FAX)