STARREX INTERNATIONAL LTD.
Starrex First Quarter 2015 Revenue $1,494,474 US up 26% from Fourth Quarter 2014.
June 1, 2015 – Toronto, Ontario
Starrex International Ltd. (“Starrex”) (CNSX: STX & OTC QB: STXMF) announced First Quarter Income $1,494,474 US, an increase of 26% from Fourth Quarter 2014 $1,183,986 US. First quarter loss was $169,477 US – ($0.01) per share. Total Assets as of March 31, 2015 were $4,752,757 US. Garrett Clayton, Chairman, President & CEO stated “Starrex’s Appraisal Management income is projected to continue to increase with organic growth and acquisitions. Starrex is projecting positive operating income in the second quarter of 2015”. As of May 15, 2015, Starrex shares began to trade in the United States OTCQB marketplace as STXMF.
Notice of the Annual Shareholders meeting has been given for June 16, 2015. For further information, please contact Ronald Mann, Investor Relations Officer of Starrex, at (647) 981-2782, email address: firstname.lastname@example.org.
Starrex’s primary business is to acquire, manage and grow companies active in mortgage, real estate and other financial sectors in the United States. Revenue is currently comprised primarily of appraisal management income from its wholly owned Property Interlink subsidiary, operating in seven (7) States.
This news release may contain or refer to forward-looking statements. Certain statements included in this news release are forward-looking and thus reflect our current assumptions, expectations and beliefs with respect to certain current and future events and financial performance. Words such as “expects,” “will,” “plans,” “anticipates,” “indicates,” “believes,” “forecast,” “guidance,” “projected,” “outlook” and similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical fact such as statements which identify uncertainties or trends, discuss possible future effects of current known trends or uncertainties or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured.. Any forward-looking statement is subject to a variety of risks and uncertainties relating to Starrex’s operations and business environment that may cause actual events or results to differ materially from those described expressed or implied in such forward-looking statements. Any forward-looking statement is based on information available to Starrex on the date of this release and, except as may be required by applicable securities laws, Starrex undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Starrex believes that the assumptions inherent in the forward-looking statements are reasonable, a forward-looking statement is not a guarantee of future performance and accordingly undue reliance should not be placed on forward-looking statements due to the inherent uncertainty thereof.
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this press release.
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