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EQUISURE FINANCIAL NETWORK INC.

EQUISURE FINANCIAL NETWORK INC.
 NORTH BAY, Ont., Oct. 2 /CNW/ - Equisure Financial Network Inc. (T.S.E. "EFN"), which was created by the amalgamation of Equisure Financial Network Inc. and Manridge Explorations Limited on August 31, 1992, is pleased to release its interim operating results for the nine months ending September 30th, 1992.
 9 Months 1992 9 Months 1991
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 GROSS INCOME ............ $ 733,551.00 $ 441,804.00
 GROSS EXPENSES .......... $ 442,324.00 $ 263,460.00
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 NET PROFIT FOR PERIOD.... $ 291,227.00 $ 178,344.00
 EARNINGS PER SHARE ...... $ .071 $ .043
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 The nine month 1992 Expenses reflect approximately $100,000.00 of non-recurring costs incurred in the amalgamation and listing of Equisure Financial Network Inc.
 Management knows of no undisclosed material facts which would explain the recent rise in Share price.
 For further information: George R. Hutchison, Chief Executive Officer (705) 476-5010
 (EFN.)
 -0- 10/02/92


CO: EQUISURE FINANCIAL NETWORK INC. IN: FIN SU: ERN ST: -- c0353 -- X144 10/02/92
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Publication:PR Newswire
Date:Oct 2, 1992
Words:161
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