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Olympia Financial Group Inc. - Trading Symbol: OLY (TSX-V) - $904,980 Profit from Sale of Marketable Securities
CALGARY, May 14 /CNW/ - Olympia Financial Group Inc. ("Olympia") invested nearly $2 million of it...
About this update from Olympia Financial Group Inc.
[{"type":"text","content":"\n\n\n\nCALGARY, May 14 /CNW/ - Olympia Financial Group Inc. ("Olympia") invested\nnearly $2 million of its free cash during the first quarter of 2009 in shares\nof two companies listed on the Toronto Stock Exchange.\n\n\nOlympia reported an unrealized gain of $609,273 on these marketable\nsecurities held for trading for the quarter ending, March 31, 2009.\n\n\nOlympia sold marketable securities with a cost of $985,930 during the\nmonth of May for proceeds of $1,890,910, thereby realizing a profit of\n$904,980.\n\n\nAt the current share price Olympia has an unrealized gain of $700,000 on\nmarketable securities still invested.\n\n\nTHE TSX VENTURE EXCHANGE INC. HAS NOT REVIEWED AND DOES NOT ACCEPT\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\n","length":867,"tagName":"div"}]