Sonor Investments Limited Reports Financial Results for the Year Ended December 31, 2010 and Declares Semi-Annual Dividend

TORONTO, ONTARIO--(Marketwire - April 28, 2011) -Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial results for the year ended December 31, 2010.

Michael Gardiner, President and Chief Executive Officer, stated that as at December 31, 2011 the Company's assets totaled $51.3 million, up from total assets of $49.6 million as at December 31, 2009. These assets as at December 31, 2010 included $14.6 million of marketable securities, $31.9 million in a private investment, $4.8 million of cash and cash equivalents.

During the year ended December 31, 2010, the Company realized $1,142,000 in net capital gains on the sale of investments. This compares to net capital losses of $349,000 on the sale of investments and $345,000 on the value of investments during the year ended December 31, 2009.

During the period under review, the Company has maintained net assets and qualified investments in excess of the amounts prescribed under the share conditions pertaining to the First Preference Shares in its capital stock.

As well, the Company announces that a semi-annual dividend of $0.225 per share on the Corporation's 9% first Preference Shares has been declared payable on September 15, 2011 at a meeting of its Board of Directors. The dividend will be paid to shareholders of record at the close of business on September 1, 2011.

Sonor Investments Limited is an investment company located in Toronto, Canada. The First Preference Shares of Sonor trade on The TSX Venture Exchange under the symbol SNI.PR.A.