WCE Holdings Inc., parent company of Winnipeg Commodity Exchange Inc., WCE Clearing Corporation and Canadian Climate Exchange Inc., announced today its financial results for the nine months ended May 31, 2007.
Total revenue for nine months reached $4.7 million, an increase of 10% from the same period of the previous year. Net earnings for nine months were $373,618 compared to $657,083 for the same period of the previous year. The Company recently announced that it has entered into a definitive agreement to be acquired by plan of arrangement by IntercontinentalExchange, Inc. The Company has recognized costs of $322,570 relating to the divestiture of its shares.
The financial results for WCE Holdings Inc. for the nine months ended May 31, 2007 are available on the Website at www.wce.ca.
