Opta Minerals Reports Financial Results for December 31, 2004.WATERDOWN, Ontario -- Opta Minerals Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :OPM See Oracle Process Manufacturing. ) (TSX:OPM.WT) today reported financial results for the fiscal 2004 year. These results are available on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review at www.sedar.com and are being released in compliance with applicable securities laws, which require Opta Minerals to report complete financial statements and comparative figures that also reflect the operations of the wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of SunOpta that were collectively known as the Opta Minerals Group prior to the completion of the initial public offering of Opta Minerals on February 17, 2005. The combined financial results include the accounts of Opta Minerals, a division of SunOpta Inc., Opta Minerals Inc., Opta Minerals (USA) Inc., Virginia Materials Inc., International Materials & Supplies Inc., Temisca Inc., 9017-0382 Quebec Inc. (Distribution A&L) and 1108176 Ontario Limited, all of which were up to February 17, 2005 divisions or wholly owned subsidiaries of SunOpta and were collectively known as the Opta Minerals Group, a reporting segment of SunOpta. The combined financial statements present the historic combined financial position, results of operations and cash flows of the Opta Minerals as if it had operated as a stand-alone entity subject to SunOpta's control. About the Company Opta Minerals is a vertically integrated producer, manufacturer, distributor and recycler of silica-free loose abrasives, industrial minerals, specialty sands and related products for use primarily in the foundry, steel, marine/bridge cleaning, roofing shingle and municipal water filtration industries. With its head office in Waterdown, Ontario, the Company also has production and distribution facilities in Ontario, Quebec, Louisiana, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , Virginia, Maryland and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and one of the broadest product lines in the industry. Opta Minerals Inc. (TSX:OPM) (TSX:OPM.WT) |
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