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Bermuda First Investment Company Limited Announces Financial Results for the nine months ended March 31, 2015

Hamilton, Bermuda: 11 June 2015 – In a filing with the Bermuda Stock Exchange (“BSX”), Bermuda First Investment Company Limited. (the “Company” or “BFIC”; Ticker: BFIC.BH) has announced the Company’s results for the nine months ended March 31, 2015.  The filing stated:

                                   

Bermuda First Investment Company Limited, a BSX listed investment holding company which owns a number of significant investments in BSX Bermuda listed companies, announces its results for the nine months ended March 31, 2015.

 

Highlights:

 

·         Revenue of $0.4 million; and

 

·         Market value of investments as at March 31, 2015 of approximately $23.8 million.

 

Commenting on the results, J. Michael Collier, Chairman of BFIC said:

 

“The share prices of our two main assets, KeyTech and Ascendant remain depressed but we believe there are promising signs in the Bermuda economy and any upturn in economic performance will flow through to the operating performance of these two companies.”

 

 

Media Contacts:

 

Alasdair Younie                                                                                 

Director                                                                                             

Bermuda First Investment Company Limited                                               

Tel:  441-299-2897                                                     

Email:  ay@icm.bm