Sonor Investments Limited
TSX VENTURE : SNI.PR.A

August 10, 2005 16:29 ET

Sonor Investments Limited Reports Second Quarter Financial Results

TORONTO, ONTARIO--(CCNMatthews - Aug. 10, 2005) - Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial results for the six months ended June 30, 2005.



6 months ended June 30 3 months ended June 30
2005 2004 2005 2004
$000 $000 $000 $000
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Revenue 534 1,863 319 685

Net Income 367 1,726 217 593
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Michael Gardiner, President and Chief Executive Officer, stated that the Company has a cash position of $3.0 million as at June 30, 2005 as well as investments totaling $77.2 million, of which $41.6 million are invested in marketable securities. During the 6 months ended June 30, 2005, Sonor realized $510,000 in net capital losses on the sale of investments compared to net capital gains of $851,000 during the corresponding period of the previous year.

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

Contact Information

  • Sonor Investments Limited
    Mr. Michael Gardiner
    President and CEO
    (416) 369-1499
    or
    Sonor Investments Limited
    Mr. William Kinnear
    Secretary
    (416) 369-1499