SOURCE: Northstar Healthcare Inc.

Northstar Healthcare Inc.

October 30, 2014 18:18 ET

Northstar Healthcare Inc. Announces That It Will Release Its Third Quarter of 2014 Financial Results on November 12, 2014

HOUSTON, TX--(Marketwired - Oct 30, 2014) - Northstar Healthcare Inc. (TSX: NHC) will release its financial results for the third quarter of 2014 on November 12, 2014. The company also announces, on a preliminary consolidated basis, that its estimated revenue for the third quarter is between $16 and $17 million, compared to the 2013 third quarter revenue of $7.6 million. 

Northstar also announces that Mr. Douglas Samuelson has resigned his position of General Counsel due to personal reasons. Northstar hopes to continue its relationship with Mr. Samuelson who, prior to his time as General Counsel, served as a director with Northstar.

About Northstar Healthcare Inc.

Northstar owns and manages nine healthcare facilities in Texas and Arizona; a surgical hospital (Houston), five ambulatory surgery centers, two MRI centers and an urgent care center. The four ambulatory surgery centers are located in Houston (three), Dallas and Scottsdale, Arizona.

Forward-looking statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to business of Northstar Healthcare Inc. (the "Company") and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. These risks and uncertainties are discussed in the Company's regulatory filings available on the Company's web site at www.Northstar-Healthcare.com or at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances.