SUMTRA DIVERSIFIED INC. Reports Sale Of Land
February 18 2014 - 10:16AM
PR Newswire (Canada)
TORONTO, Feb. 18, 2014 /CNW/ - Sumtra Diversified Inc.
(NEX:SDV.H) announces the sale of vacant lands in the Guelph area. The Company and a joint venture
partner sold approximately six acres of land for net proceeds,
after selling commissions and fees, of $1,270,000. The Company's 50% share of the net
proceeds would be approximately $635,000. The closing of the transaction is
expected to be April 14,
2014.
SOURCE Sumtra Diversified Inc.
Copyright 2014 Canada NewsWire
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