Till Capital Hosts Investor Conference Call at 8AM PST September 9, 2014
09 9월 2014 - 1:01AM
Business Wire
Till Capital Ltd. (TSX.V: TIL) (the “Company” or
“Till”), announces that it will host an investor conference
call at 8 AM PST (11 AM EST) on Tuesday, September 9th, 2014 to
discuss the first quarter earnings and financial results along with
other corporate developments.
Financial highlights for Till Capital for the first quarter
ended June 30, 2014 include:
- Pre-tax income, before reorganization
related charges, of $1.0 million, or $0.33 per share;
- Net income of $2.0 million, or $0.69
per share;
- $33.7 million in cash and marketable
securities;
- Shareholders’ equity of $50.6
million.
Till’s book value per share was stated in NR14-06 as $17.45 as
of June 30, 2014, the correct book value should have been stated as
$14.02. All figures are in Canadian dollars unless otherwise
indicated.
Financial statements are available under the Company’s profile
on SEDAR at www.sedar.com.
To participate in the conference call and webcast please use one
of the following methods:
Conference Call Details - Till Capital Ltd. Investor
Call:Conference ID # 94338718Local Dial in Number:
416-764-8688Toll Free Dial in Number: 888-390-0546
Webcast DetailsWebcast
URL:http://event.on24.com/r.htm?e=843703&s=1&k=C55BFD6458E98CF9C78E7E90D35C2A80
Participants should connect five to ten minutes before the call.
A question and answer period will follow a brief presentation.
A replay of the call will be available by telephone at the
following:Playback Local Number: 416-764-8677Playback Toll Free
Dial in Number: 888-390-0541Playback PIN#: 338718
The conference call will be recorded, and an archived audio
webcast will be available at www.tillcap.com through September 9th,
2015.
Till Capital Ltd.Till Capital is a unique
Bermuda-domiciled company engaged in the reinsurance business
through its wholly-owned subsidiary Resource Re supported by a
hybrid investment strategy. This non-traditional approach creates a
company with diversified investments including royalties and
physical gold, well-positioned for future growth through access to
and strategic deployment of capital. Our goal: to maximize
opportunity; mitigate risk; and invest in assets and opportunities
with significant upside potential.
For additional information:
Till Capital Ltd.William M. SheriffChairman and
Chief Executive Officer(208) 635
5415info@tillcap.comwww.tillcap.com
Cautionary NoteAt this time, the Company has no current
plans to provide earnings guidance due to the volatility of
investment returns.
The Till Capital shares are restricted voting shares, whereby no
single shareholder of Till Capital is able to exercise voting
rights for more than 9.9% of the voting rights of the total issued
and outstanding Till Capital shares (the “9.9%
Restriction”). However, if any one shareholder of Till Capital
beneficially owns, or exercises control or direction over, more
than 50% of the issued and outstanding Till Capital shares, the
9.9% Restriction will cease to apply to the Till Capital
shares.
This news release shall not constitute an offer to sell or a
solicitation of an offer to buy any securities of Till Capital or
any other securities, and shall not constitute an offer,
solicitation or sale in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful. Trading in the
securities of Till Capital should be considered speculative.
Neither the TSX Venture Exchange nor its Regulatory Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) nor the Bermuda Monetary Authority accepts
responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward Looking
InformationExcept for statements of historical fact, this news
release contains certain “forward-looking information” within the
meaning of applicable securities law. Forward-looking information
is frequently characterized by words such as “plan”, “except”,
“project”, “intend”, “believe”, “anticipate”, “estimate”, “will”,
“could” and other similar words, or statements that certain events
or conditions “may” occur. Such forward-looking statements are
subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those
contained in the statements. These and all subsequent written and
oral forward-looking information are based on estimates and
opinions of management on the dates they are made and are expressly
qualified in their entirety by this notice. Except as required by
law, Till Capital assumes no obligation to update forward-looking
information should circumstances or management’s estimates or
opinions change.
Till Capital Ltd.William M. Sheriff, 208-635-5415Chairman and
Chief Executive Officerinfo@tillcap.comwww.tillcap.com
Till Capital (TSXV:TIL)
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