Genterra Capital Inc. ("GCI") reports third quarter financial results

Aug 21, 2013, 12:20 ET from Genterra Capital Inc.

TORONTO, Aug. 21, 2013 /CNW/ - Genterra Capital Inc. (TSX Venture - "GIC" - Common)

Effective October 1, 2011, GCI began preparing its consolidated financial statements in accordance with International Financial Reporting Standards.

Revenues for the nine month period ended June 30, 2013 increased to $2,537,941 from $2,427,438 in the comparable 2012 period. Net Loss for the period was $266,995 compared to $119,573 in the comparable 2012 period.  Loss per share for the period was $0.03 compared with $0.01 in the comparable 2012 period.

Genterra Capital Inc. is a management and holding company whose assets include rental real estate properties and investments.

Disclaimer:  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Genterra Capital Inc.