TORONTO, Jan. 28 /CNW/ - Genterra Capital Inc. (TSXV: "GIC")
As previously announced, effective May 10, 2010 Consolidated Mercantile
Incorporated ("CMI") and Genterra Inc. ("Genterra") amalgamated to form
Genterra Capital Inc. ("GCI"). As CMI was identified as the acquirer,
the Results of Operations for the period under review only include the
operations of Genterra from May 10, 2010. GCI's year end is September
30 and accordingly the 2010 results reported are for the nine months
ended September 30, 2010. The Comparative CMI Results, which do not
include Genterra, are for the year ended December 31, 2009.
Net loss for the nine months ended September 30, 2010 was $519,069
compared to $232,461 in the 2009 period. Loss per share for the period
was $0.07 compared to $0.04 in the 2009 period.
Genterra Capital Inc. is a management holding company whose assets
include rental real estate properties and investments.
Disclaimer: TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
SOURCE Genterra Capital Inc.
For further information:
Stan Abramowitz, Secretary