Grenville Files Financial Statements for Q1 2014
May 22 2014 - 7:30AM
Marketwired
Grenville Files Financial Statements for Q1 2014
TORONTO, ONTARIO--(Marketwired - May 22, 2014) - Grenville
Strategic Royalty Corp. (TSX-VENTURE:GRC) ("Grenville"), today
announced that it has filed interim condensed consolidated
financial statements for the three months ended March 31, 2014. The
statements, together with the related management's discussion and
analysis for such period, can be found on SEDAR at
www.sedar.com.
About Grenville
Grenville is a Toronto-based company that was formed to provide
royalty-based finance solutions by acquiring revenue streams
generated by growing industrial and technology businesses.
Grenville has identified a large and underserviced finance market
for companies generating up to $50 million in revenue, many of
which are well managed and generating improving cash flow, but face
difficult financing hurdles from traditional debt and equity
markets. The non-dilutive royalty financing structure offered by
Grenville can bridge the financing needs of these companies until
traditional debt or equity is available to them on more attractive
commercial terms. The application of Grenville's royalty financing
structure into sectors not traditionally serviced by royalty
companies represents a new and innovative financing model - Capital
Simplified - that has already attracted a considerable number of
opportunities with attractive potential returns.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Grenville Strategic Royalty Corp.William (Bill) R.
TharpPresident and Chief Executive Officer(416) 777-0383
Grenville Strategic Royalty (TSXV:GRC)
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