Added Capital Inc. T.NFC

OT. NFC Board check out v.tn

[montecarlo]

Undervalued Gem, its a joke with only 5million market cap. read below there q3 results. True North Corporation reports record third quarter results 11/29/04 MISSISSAUGA, ON, Nov 29, 2004 (Canada NewsWire via COMTEX) -- True North Corporation (TSX-V: TN) today announced revenue in the third-quarter of 2004 increased by 75 per cent, totaling $3,023,221 compared with $1,723,795 for the same period one year ago. Net earnings grew to $76,355 from a loss of $175,594 for the same period in 2003. EBITDA increased to $201,223 from a loss of $136,578 compared with the same period one year ago. Revenue increased as a result of: increased cross selling between True North group companies; new business development activities; and, the group's experiential marketing start-up early this year. "I'm very proud of our team's focus and dedication. Our efforts are starting to pay dividends," said Mark Anthony, Chief Executive Officer, True North Corporation. "New clients among the group include RioCan REIT and Primus Telecommunications. Our experiential marketing group - AVP Event Marketing - has done an excellent job at capitalizing on the ongoing shift in client spending, from traditional marketing communications to targeted experiential marketing." "We remain focused on our strategy of growing through the development of strategic and appropriate marketing and sales solutions for clients that utilize some or many of our services and smart accretive acquisitions," commented Mr. Anthony. "We have one of the best client rosters in the country. We are highly diversified, not only by industry vertical, but also in depth of services. This, combined with our strategic approach and passion will drive our growth in the years to come." TRUE NORTH CORPORATION - The Return On Ideas Company(TM) - is one of the fastest growing vertically integrated marketing services organizations in Canada. True North delivers services through two focus areas: Marketing Services & Sales Channel Support. Service competencies include: Marketing Communications, Event & Experiential Marketing, Sales Channel Marketing and Merchandising, Distribution & Fulfillment. The Company is listed on the TSX Venture Exchange (TSX-V: TN). Among the group's clients are: Ford Motor Company of Canada, DaimlerChrysler Canada Inc., Novopharm, Toyota Canada Lexus Division, First Capital Realty, Goodyear Canada, Honda Canada, Oxford Properties, Primus Telecommunications, CFM/Majestic, ADESA Canada, Davpart Properties, and RioCan REIT. Visit us online at www.truenorthcorp.ca The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain forward-looking statements that are subject to known and unknown risks and uncertainties. True North Corporation makes no assurance that these forward-looking statements, denoted by words such as "expect", "should" and other similar qualifiers, will prove to be accurate and cautions readers to review the risks and uncertainties sections of its recent filings with securities administrators. VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: https://www.newswire.ca/en/releases/orgDisplay.cgi?okey=58609 For further information: Mark Anthony, President & CEO, True North Corporation, [phone] ext. 5120; Tyler Lang, Vice President, HDL Capital Corporation, [phone] ext. 105; Bernie Grybowski, President, HDL Capital Corporation, [phone] ext. 114 News release via Canada NewsWire, Toronto 416-863-9350 Copyright (C) 2004 CNW, All rights reserved