Business
Trius Investments Inc. - First Quarter Report
Trius Investments Inc. - First Quarter Report.
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"\n\n\n\n\nTSX symbol \"TRU\"\n\nFREDERICTON, June 2 /CNW/ - Trius Investments Inc. is pleased to announce\nresults for its first quarter fiscal 2006, which ended March 31, 2006.\nConsolidated revenue from continuing operations was $547,857 compared to\n$517,570 for the same period in 2005.\nThe company's consolidated net income (from continuing operations) for\nthe first quarter ending March 31st, 2006 was $22,340 or $0.002 per share,\ncompared to a consolidated net income (from continuing operations) of $55,785\nor $0.007 per share for the same period in the prior year. This reduction in\nnet income is due to the expenses incurred by Trius Investments Inc. for its\ndevelopment and exploration of environmental projects to complement the\nexisting waste handling business.\nThe complete financial statements can be viewed and downloaded from the\nSedar website, www.sedar.com\nTrius Investments Inc. will continue to focus on environmental and\nrecycling projects and is specifically targeting the e-waste industry for\nfuture growth. As a transition toward this endeavour effective March 31, 2006,\nRoss Beatty, a Director of Trius Investments Inc. and Chairman of Trius Asset\nManagement Corp., tendered his resignation from both positions. We appreciate\nMr. Beatty's efforts in steering Trius Investments Inc. in this new\nenvironmentally friendly direction.\n\nThis press release may contain forward-looking statements including\nmanagement's assessment of future plans. These statements are based on current\nexpectations that involve a number of risks and uncertainties, which could\ncause actual results to differ materially from those anticipated. These risks\ninclude uncertainties resulting from potential delays or changes in plans with\nrespect to projects or capital expenditures.\n\nThe TSX Venture Exchange has neither approved nor disapproved the\ninformation contained herein.\n\n%SEDAR: 00009507E\n\n\n","length":1963,"tagName":"div"}]