Article: ProSep Reports 2009 Third Quarter Financial Results.(Financial report)

Article from:
Marketwire Canada
Article date:
November 12, 2009
Copyright

MONTREAL, QUEBEC, Nov 12, 2009 (Marketwire via COMTEX) -- ProSep Inc. (TSX:PRP), dedicated to providing process solutions to the oil and gas industry, today announced its financial results for the three and nine-month periods ended September 30, 2009. All amounts are reported in Canadian dollars unless otherwise stated.

Selected highlights of the quarter and subsequent events

- Strengthened financial position and provided additional liquidities by converting $8 million of principal amount of indebtedness into equity and subsequently completed a $5 million rights offering to shareholders.

- Announced a $13 million gas separation package supply ...

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