Sonor Investments Limited
TSX VENTURE : SNI.PR.A

November 15, 2005 11:43 ET

Sonor Investments Limited Reports Third Quarter Financial Results

TORONTO, ONTARIO--(CCNMatthews - Nov. 15, 2005) - Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial results for the nine months ended September 30, 2005.



9 months ended September 30 3 months ended September 30

2005 2004 2005 2004
$000 $000 $000 $000
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Revenue 381 2,340 (153) 477

Net Income 126 2,086 (241) 360
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Michael Gardiner, President and Chief Executive Officer, stated that the Company has a cash position of $6.1 million as at September 30, 2005 as well as investments totaling $73.6 million, of which $38.0 million are invested in marketable securities. During the 9 months ended September 30, 2005, Sonor realized $1,023,000 in net capital losses on the sale of investments compared to net capital gains of $741,000 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
    (416) 369-0280 (FAX)
    or
    Sonor Investments Limited
    Mr. William Kinnear
    Secretary
    (416) 369-1499
    (416) 369-0280 (FAX)