Fronsac Real Estate Investment Trust Releases Interim

Fronsac Real Estate Investment Trust Releases Interim Financial
Statements and Declares a Distribution to Unitholders 
MONTREAL, QUEBEC -- (Marketwire) -- 11/15/12 -- Fronsac real estate
investment trust ("Fronsac REIT") (TSX VENTURE:GAZ.UN) today released
its unaudited consolidated financial statements for its third quarter
ended September 30, 2012.  
The net income of the quarter ended September 30, 2012 was $47,848 or
$0.002 per unit (2011: net loss of ($80,710) or ($0.006) per unit). 
SUMMARY OF INCOME STATEMENT INFORMATION 


 
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Income                                        September 30,   September 30, 
                                                       2012            2011 
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Revenue                                            $183,269        $121,814 
Net lncome (loss)                                   $47,848        ($80,710)
Per unit - basic and diluted                         $0.002         ($0.006)
Weighted average units outstanding - basic                                  
 and diluted                                     20,514,000      13,790,000 
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SUMMARY OF CASH FLOWS INFORMATION  


 
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Cash Flows                                    September 30,   September 30, 
                                                       2012            2011 
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Cash from operating activities                      $88,735         $60,312 
Cash from investing activities                     ($35,207)      ($333,377)
Cash from financing activities                      $30,505        ($47,794)
Increase (decrease) in cash                         $84,033       ($320,859)
Cash - beginning of period                         ($19,997)       $776,073 
Cash - end of period                                $64,036        $455,214 
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SUMMARY OF FINANCIAL POSITION INFORMATION 


 
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Financial Position                             September 30,    December 31,
                                                        2012            2011
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Cash                                                 $64,036      $1,985,720
                                                                            
Investment Properties                             $9,119,054      $7,111,919
Total Assets                                      $9,633,082      $9,335,868
Total Liabilities                                 $4,770,364      $4,527,216
Total Equity                                      $4,862,718      $4,808,652
Book value per unit                                    $0.24           $0.23
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The Trust's September 30, 2012 financial statements of Fronsac REIT
may be viewed on SEDAR at www.sedar.com 
On November 14, 2012, the Board of Fronsac REIT has declared a
distribution of $0.00625 to unitholders of record on November 30,
2012 that will be paid on December 31, 2012. 
Neither the TSX Venture Exchange Inc., nor its Regulatory Services
Provider (as that term is defined in the Policy of the TSX Venture
Exchange) accept any responsibility for the adequacy or accuracy of
this release. 
Contacts:
Michel Lassonde
President
(450) 536-5328
 
 
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