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Toronto, Ontario (Newsfile Corp. - February 10, 2021) - Sun Residential Real Estate Investment Trust (TSXV: SRES) today released its financial results for the three months and the year ended December 31, 2020. All dollar amounts are in United States dollars.
Revenue for the year December 31, 2020 was $4,356,819 (prior year - nil), net rental income was $2,477,207 (prior year - nil), and the net income and comprehensive income for the year was $234,660 (prior year - loss of $681,372). Revenue for the three months ended December 31, 2020 was $1,178,338 (prior year - nil), net rental income was $322,806 (prior year - nil), and the net loss for the three months was $11,669 (prior year - loss of $530,186). Operations commenced January 28, 2020 when Sun acquired its first property, so the results for the prior year are not comparable. At December 31, 2020, Sun had total assets of $56.6 million (December 31, 2019 - $3.4 million), and cash and cash equivalents of $3.9 million (Dece
/EIN News/ CALGARY, Alberta, Feb. 08, 2021 (GLOBE NEWSWIRE) PrairieSky Royalty Ltd. (
PrairieSky or the
Company ) (TSX: PSK) is pleased to announce its fourth quarter (
Q4 2020 ) and year-end operating and financial results for the period ended December 31, 2020, which demonstrate the benefits of a low-cost, high margin business that delivers free cash flow through all commodity cycles, a royalty asset acquisition, and a dividend increase.
Royalty Asset Acquisition and Dividend Increase:
•
PrairieSky has entered into a definitive agreement to acquire a large royalty portfolio, which will consolidate a significant fee mineral title position in Western Canada within the Company. The acquisition includes approximately 640,000 net acres of additional producing and undeveloped royalty interests, approximately 650 BOE per day of royalty production, and an extensive proprietary seismic database for cash consideration of $45.0 million.
Revenue Grows 17%, with Health Segment Leading the Charge OTTAWA, ON / ACCESSWIRE / February 9, 2021 / Calian Group Ltd. (TSX:CGY), deliverer of trusted solutions across advanced technologies, health
Important notices
Morgan Stanley, which is authorised and regulated in the UK by the Financial Conduct Authority ( FCA ), is acting exclusively for GoCo Group and for no one else in connection with the matters described in this announcement and is not advising any other person and, accordingly, will not be responsible to anyone other than GoCo Group for providing the protections afforded to clients of Morgan Stanley nor for providing advice in relation to the matters described in this announcement.
Peel Hunt, which is authorised and regulated in the UK by the FCA, is acting exclusively for GoCo Group and for no one else in connection with the matters described in this announcement and is not acting for any other person and, accordingly, will not be responsible to anyone other than GoCo Group for providing the protections afforded to clients of Peel Hunt.
Calian Reports First Quarter Results phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.