Prefco Subsidiary Paramount Homes Announces September/November Sales.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 19, 2003 Prefco Enterprises Inc. (TSX-V:PFX PFX Personal Information Exchange PFX Powerflex (database file extension) PFX Purple Fluid Exchange (band) PFX Generic Police Term for Multi-Channel Packset Radio ) ("Prefco" or the "Company") is pleased to announce Alberta home sales, as reported by Prefco's subsidiary, Paramount Homes (2002) Ltd. During the period from September 1, 2003 to November 14, 2003, the sales results are as follows: 1) Spruce Ridge Estates - "The Palisades Palisades, cliffs along the west bank of the Hudson River, NE N.J. and SE N.Y., extending from N of Jersey City, N.J., to the vicinity of Piermont, N.Y., with a general altitude of from 350 ft to 550 ft (107–168 m). " - Paramount has committed sales in Phase I of 23 condominium units at an average selling price The average sales price of goods or commodities. Especially used in the retail sector and technology distribution. of $130,000 per unit for a total of approximately $2,990,000.00 of sales. 2) Spruce Ridge Estates - Paramount has committed sales for four single-family homes for a total of $835,000.00 of sales. 3) Sherwood Park - Paramount has committed sales for four single-family homes for a total of $1,153,000.00 of sales. 4) College Woods - Paramount has committed sales for three lots for a total of $370,000.00 of sales. The total residential committed sales for Paramount Homes (2002) Ltd. for the period is approximately $5,348,000.00. Paramount Homes (2002) Ltd. is a custom home-builder in the Edmonton, Alberta marketplace and the exclusive builder for the Spruce Ridge Estates subdivision in Spruce Grove, Alberta Spruce Grove is a city in the vicinity of Edmonton, Alberta. Its population is over 19,000. Like nearby Stony Plain it is surrounded by Parkland County. Spruce Grove is a vibrant city (11th largest in Alberta), upheld by city council as having plenty of business and housing . ON BEHALF OF THE BOARD OF DIRECTORS Wayne Hatala, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion