Resinco® Capital Partners Inc. Releases April 2013 Unaudited Net Asset Value Per Share

Resinco® Capital Partners Inc. Releases April 2013 Unaudited Net Asset Value Per Share

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Resinco® Capital Partners Inc. ("Resinco")(TSX: RIN)(FWB: L6V) announces that it is publishing its net asset value (NAV) for the end of April 2013. As of April 30th, 2013 Resinco’s unaudited NAV per share was $0.055. The closing price of $0.02 on April 30th, 2013 represents a 63% discount to the NAV.

Use of Non-GAAP Financial Measures

NAV is a non-GAAP financial measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable measure presented in Resinco’s financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact

Resinco

John Icke

President and CEO

604-696-6516

info@resincocp.com

www.resincocp.com

 

Statements in this news release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company’s business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.



Resinco
John Icke, 604-696-6516
President and CEO
info@resincocp.com
www.resincocp.com

KEYWORDS:   North America  Canada

INDUSTRY KEYWORDS:

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