Stocks and Investing Stocks and Investing
Wed, March 21, 2012
Tue, March 20, 2012
[ Tue, Mar 20th 2012 ] - Market Wire
Malbex Q1 Update
[ Tue, Mar 20th 2012 ] - Market Wire
Glencore to Acquire Viterra
Mon, March 19, 2012
[ Mon, Mar 19th 2012 ] - Market Wire
Balmoral Exploration Update
Sat, March 17, 2012
Fri, March 16, 2012
[ Fri, Mar 16th 2012 ] - Market Wire
News Release
Thu, March 15, 2012
[ Thu, Mar 15th 2012 ] - Market Wire
Viterra Issues Statement
[ Thu, Mar 15th 2012 ] - Market Wire
First Quebec Robotics Festival
Wed, March 14, 2012

Resinco(R) Capital Partners Inc. Releases February 2012 Unaudited Net Asset Value Per Share


//stocks-investing.news-articles.net/content/201 .. ry-2012-unaudited-net-asset-value-per-share.html
Published in Stocks and Investing on Monday, March 19th 2012 at 6:09 GMT by Market Wire   Print publication without navigation


March 19, 2012 09:00 ET

Resinco® Capital Partners Inc. Releases February 2012 Unaudited Net Asset Value Per Share

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 19, 2012) - Resinco® Capital Partners Inc. ("Resinco") (TSX:RIN)(FRANKFURT:L6V) announces that it is publishing its net asset value (NAV) for the end of February 2012. As of February 29th, 2012 Resinco's unaudited NAV per share was $0.132. The closing price of $0.08 on February 29th, 2012 represents a 39% discount to the NAV.

Use of Non-GAAP Financial Measures

NAV is a non-GAAP financial measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable measure presented in Resinco's financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit [ www.resincocp.com ].

On behalf of the Board of Directors

RESINCO® CAPITAL PARTNERS INC.:

John Icke, President and CEO

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.




Publication Contributing Sources