Gulf & Pacific Equities Corp.
TSX VENTURE : GUF

Gulf & Pacific Equities Corp.

November 21, 2006 16:15 ET

Gulf & Pacific Third Quarter Results

TORONTO, ONTARIO--(CCNMatthews - Nov. 21, 2006) - Gulf & Pacific Equities Corp. (TSX VENTURE:GUF) is pleased to announce the third quarter's financial results for fiscal 2006 and 2005 as summarized below:



Nine Months Ended Three Months Ended
(Unaudited) (Unaudited)
September 30, September 30,
2006 2005 2006 2005
------------------------- -------------------------

Revenue $ 1,504,772 $ 1,368,312 $ 543,844 $ 447,595
Loss for the period $ (587,930) $ (464,707) $ (166,530) $ (150,645)
Loss per common share
- basic and diluted $ (0.08) $ (0.06) $ (0.02) $ (0.02)
Weighted average number
of common shares
outstanding during
the period
- basic and diluted 7,732,421 7,506,371 7,935,178 7,506,371


Gulf and Pacific Equities Corp. is active in the acquisition, management and development of grocery store-anchored shopping centres in Western Canada.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Gulf & Pacific Equities Corp.
    Mr. Anthony J. Cohen
    President and Chief Executive Officer
    (416) 968-3337
    (416) 968-3339 (FAX)
    or
    Gulf & Pacific Equities Corp.
    Suite 300, 1300 Bay Street
    Toronto, Ontario M5R 3K8