Brattle Street Investment Releases Audited Financial Statements for Year Ended February 29, 2020
June 26 2020 - 8:30AM
Brattle Street Investment Corp. (“
Brattle” or the
“
Company”) (TSXV:BRTL), today posted its audited
financial statements for the year ending February 29, 2020. At
year-end, the company’s audited balance sheet had a total of
$9,192,643 in liquid assets, comprised of cash ($8,349,422) and
marketable securities ($843,221), which is approximately $0.20 per
share.
The Company continues to seek opportunities that
provide attractive returns relative to risk. Before the COVID-19
pandemic, the Company began pursuing a specific transaction. The
Company recently devoted significant resources towards pursing the
transaction, but management ultimately terminated negotiations when
the arm’s length seller was unwilling to adjust deal terms in light
of the effect of the pandemic upon the business.
The Company’s financial statements for the years
ending February 29, 2020 and February 28, 2019 and accompanying
Management’s Discussion & Analysis (MD&A), have been filed
on SEDAR and are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Brattle Street Investment Corp. Michael Dalsin Chairman 1 (844)
877-7562 IR@inspirafin.com www.inspirafin.com
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