Sonor Investments Limited Reports Third Quarter Financial Results

Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial
results for the nine months ended September 30, 2011. 




                 9 months ended September 30     3 months ended September 30
                                                                            
                         2011           2010             2011           2010
                         $000           $000             $000           $000
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Revenue                 1,314          1,404              959          1,116
                                                                            
Net Income                                                                  
 (loss)                   904          1,030              803            959
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Michael Gardiner, President and Chief Executive Officer, stated that as at
September 30, 2011 the Company's assets totaled $55.2 million. These assets
included $15.3 million of marketable securities, $35.6 million in a private
investment and $4.3 million of cash and cash equivalents.


During the nine months ended September 30, 2011, the Company realized net
capital gains of $869,000 on the sale of investments. In the comparable period
for 2010 there were net capital gains of $1,020,000. During the three months
ended September 30, 2011, Sonor realized net capital gains of $807,000 on the
sale of investments compared to net capital gains of $1,011,000 during the
corresponding period of the previous year.


During the period under review, the Company has maintained net assets and
qualified investments in excess of the amounts prescribed under the share
conditions pertaining to the First Preference Shares in its capital stock.


The financial statements for the periods ending September 30, 2011 incorporate
the International Financial Reporting Standards ("IFRS") required by financial
regulators in Canada commencing January 1, 2011. This transition to IFRS has
little impact on the Company's operating results.


Sonor Investments Limited is an investment company located in Toronto, Canada.
The First Preference Shares of Sonor trade on The TSX Venture Exchange under the
symbol SNI.PR.A.

Sonor Investments (TSXV:SNI.PR.A)
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