From GlobeNewswire: 2025-04-28 20:12:00

Fountain Asset Corp. (TSXV:FA) announced its financial results for Q4/24 and Fiscal 2024. In Q4/24, the NAV was $5.51 million, net comprehensive income was $0.35 million, total revenue from investment activity was $0.57 million, and expenses were $0.22 million. For Fiscal 2024, the NAV was $5.51 million, net comprehensive losses were $1.30 million, and total losses from investment activity were $0.41 million. The Company focused on reducing operating expenditures and made significant investments in junior resources and mining sectors. Fountain recognized a 24% increase in the valuation of its public company holdings compared to the previous year.

The Company continued to dispose of non-core investment holdings to capitalize on new investment opportunities. Fountain is optimistic about potential returns in the coming year and aims to grow its capital base. Forward-looking statements include growing Fountain’s capital base and maintaining a strong pipeline going forward. Any forward-looking statement speaks only as of the date on which it is made, and the Company disclaims any intent or obligation to update such statements. Contact Andrew Parks at (416) 456-7019 for more information.



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