Business
Saxon amends note in English-language version of Q1 Filing
Saxon amends note in English-language version of Q1 Filing.
About this update from Solution Financial Inc.
[{"type":"text","content":"\n\n\n\n\nNo impact on previously stated earnings\n\nTORONTO, June 1 /CNW/ - Saxon Financial Inc. (TSX: SFI) released today a\nnon-material amendment to a note in the English-language version of its\nfinancial statements for the first quarter of 2006. The original note had\ninadvertently overstated the number of issued options by 3,751 under the\ncompany's stock-based compensation plan. The actual number of issued options\nis 93,393.\nThe amendment does not affect the corporation's consolidated statements\nof operations or cash flows for the first quarter, and does not affect\nearnings per share or shareholders' equity. The restated financial statements\ncan be examined on www.sedar.com.\nThe French-language version is correct as originally filed and does not\nrequire any amendment.\n\nAbout Saxon Financial (www.saxonfinancial.ca)\n\nSaxon Financial Inc. is one of Canada's most respected value-style\ninvestment management firms.\nThe company has three principal lines of business: Saxon Funds Management\nLimited, which manages a family of high-performing, low-fee mutual funds;\nHowson Tattersall Investment Counsel Limited, an institutional asset\nmanagement business; and Howson Tattersall Private Asset Management Inc., a\nprivate client asset management business.\n\n\n","length":1333,"tagName":"div"}]