Fronsac Capital Inc. Releases Interim Financial Statements
|
| Posted
:
Mon, 09 Nov 2009 20:31:09 GMT |
| Author
:
Fronsac Capital Inc. |
| Category
:
Press Release |
| News Alerts by
Email ( click
here ) |
|
|
|
|
MONTREAL, QUEBEC -- 11/09/09 --
Fronsac Capital Inc. ("Fronsac") (TSX VENTURE: GAZ) today released its unaudited consolidated financial statements for the third quarter ended September 30, 2009.
The net loss of the third quarter was $(12,870) or $(0.001) per share (2008: $(102,146) or $(0.012)).
SUMMARY OF INCOME STATEMENT INFORMATION
----------------------------------------------------------------------
Earnings September 30, 2009 September 30, 2008
----------------------------------------------------------------------
Revenue $115,382 $37,572
Net earnings (loss) $(12,870) $(102,146)
Per share - basic and diluted $(0.001) $(0.012)
Weighted average shares
outstanding - basic and diluted 11,422,608 8,196,522
----------------------------------------------------------------------
SUMMARY OF CASH FLOWS INFORMATION
----------------------------------------------------------------------
Cash Flows September 30, 2009 September 30, 2008
----------------------------------------------------------------------
Cash from operating activities $37,682 $(36,759)
Cash from investing activities $(3,470,963) $65,785
Cash from financing activities $2,662,500 $868,141
Increase (decrease) in cash $(770,781) $897,167
Cash - beginning of period $1,167,193 $356,597
Cash - end of period $396,412 $1,253,764
----------------------------------------------------------------------
SUMMARY OF BALANCE SHEET INFORMATION
----------------------------------------------------------------------
Balance Sheets September 30, 2009 December 31, 2008
----------------------------------------------------------------------
Cash and cash equivalents $396,412 $1,192,000
Total Assets $6,114,646 $3,500,230
Total Liabilities $3,890,925 $1,303,357
Share capital $2,605,000 $2,555,000
Total Shareholders' Equity $2,223,721 $2,196,873
----------------------------------------------------------------------
The Company's September 30, 2009 financial statements may be viewed on SEDAR at www.sedar.com
The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Fronsac Capital Inc.
Michel Lassonde
President
450-536-5328
|
Copyright © 2008
Market Wire. All
rights reserved.
|
|
|
|
|
Related
News
Pennsylvania Receives Nearly $19 million Recovery Act Funds to Expand Early Head Start Programs
Nearly 1,600 more children will receive services
HARRISBURG, Pa., Nov. 24 /PRNewswire-USNewswire/ -- Nearly 1,600 more children across the state will benefit from the expansion of Early Head Start services funded by $18.6 million in federal Recovery Act funds, Education Secre...
Jov Diversified Quebec 2009 Flow-Through Limited Partnership Books Closing December 1, 2009 @ 12 Noon EST
TORONTO, ONTARIO -- 11/24/09 --
Jov Diversified Quebec 2009 Flow-Through Limited Partnership ("the Partnership") is pleased to announce that it has filed a final prospectus ("Prospectus") in the provinces of Quebec and British Columbia.
T..
Calpine Corporation Announces Closing of the Amendment and Extension of $498.5 Million Steamboat Credit Facility
HOUSTON -
Calpine Corporation (NYSE:CPN) today announced that it has closed on an
amendment and extension of its Steamboat facility, a portfolio financing
that includes its Mankato Power Plant and Freeport Energy Center. The
amendment and extension is for $498.5 million in eight-year senior
Professional Holiday Decorators Eliminate Frustration and Stress
LUBBOCK, Texas -
There’s nothing like the sight of a beautifully-decorated home with
dazzling lights to signal the holidays. But, nothing can be more
aggravating than that annual chore of hanging the lights, wrestling that
old ladder and untangling strand after tangled strand of lights
Fitch Affirms Commerce City, Colorado's COPs at 'A-'; Outlook Stable
NEW YORK -
As part of ongoing surveillance, Fitch Ratings has affirmed its rating
of 'A-' on Commerce City, Colorado's (the city) $30,900,000 of
outstanding certificates of participation (COPs, or the certificates),
series 2006. The Rating Outlook is Stable.
The certif
Governor Rendell Urges USDA, Congress to Act Quickly on Behalf of Pennsylvania Dairy Producers
Requests USDA Release $290 Million in Funds, Make $60 Million in Cheese Purchases; Asks Congress to Consider Risk Management Subsidy for Producers
HARRISBURG, Pa., Nov. 24 /PRNewswire-USNewswire/ -- With Pennsylvania's dairy farmers continuing to struggle with low milk prices...
State of California Launches First-Ever Site Certification Program
SACRAMENTO, Calif. -
In an ongoing effort to support new investment and retention of
expanding industries in California, Business, Transportation and Housing
Agency Secretary Dale E. Bonner today announced the creation of a new
statewide program aimed at allowing commercial and industrial bu
|
|
|
|
|
|
|
|
|
