ANCASTER, ON, Aug. 17 /CNW/ - Loyalist Group Limited (TSX Venture Exchange - NEX symbol: LOY.H) announced today results for the quarter ended June 30, 2010.
The Company's regular revenues for the six months ending June 30, 2010 were $33,199 consisting of investment income compared to $26,686 for the same period in 2009.
Total expenses of the Company for the six months ending June 30, 2010 were $200,179 compared to $262,321 in 2009.
The net loss for the Company for the six months ending June 30, 2010 was $177,632 compared with a net loss of $103,176 for the same period in 2009.
On April 15, 2010, the Company reinvested $US 200,000 in a short term note that matures October 15, 2010.
Both the interim financial statements and the MD&A for the period can be found on SEDAR at www.sedar.com.
Loyalist Group Limited is a financial services holding company.
The TSX Venture Exchange - NEX has neither approved nor disapproved of the information contained herein.
SOURCE Loyalist Group Limited
For further information: For further information: Mr. Donald Coons, President & CEO, Loyalist Group Limited, (905) 648-8637 x 247