Stoneset Equity Development Corp.

Stoneset Equity Development Corp.

September 02, 2010 09:08 ET

Stoneset Equity Development Corp. Acquires Symons Valley Ranch

This significant achievement is Stoneset's third major acquisition aimed at increasing the corporations assets while providing a platform for future projects.

CALGARY, ALBERTA--(Marketwire - Sept. 2, 2010) - Stoneset Equity Development Corp. (CNSX:SQC) has acquired Symons Valley Ranch in Calgary. The property, formerly appraised at $20.6M in February 2008, has been purchased for $11.072M. Symons Valley Ranch has existing commercial business operations that provide on going cash flow to Stoneset. This aquisition increases Stoneset's real estate portfolio, while also providing a look into the future for any interested investor. Stoneset continues to develop its real estate assets with strict criteria focusing on quality and value that govern the actions of many of the world's top real estate companies.

In the future the property will become a mixed use development consisting of a commercial center, new homes and retail shopping for Calgarians. Prior to the development being completed and real estate agents being involved, Stoneset will finalize the associated investment opportunities.

Stoneset Equity Development Corp is a Calgary-based real estate investment company and property developer with a vision to create balance of consistent growth for investors, minimal environmental impact and value to the community.

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.

Contact Information

  • Stoneset Equity Development Corp.
    Jude Brown, B.A.
    Communications Officer
    (778) 918-4944