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News
: VANCOUVER, Aug. 28 /CNW/ - CRH Medical Corporation (CRM:TSX-V) announced
today that it recorded a net loss of $1,215,902 or ($0.03) per share for the
three month period ending June 30, 2006. Additionally, the Company announced
that as of June 30, 2006 it had approximately $10.1 million in cash and cash
equivalents and short-term investments.
The Company's second quarter financial report is available at
www.sedar.com
About CRH Medical Corporation:
CRH Medical Corporation has developed and is marketing through the
establishment of Center for Colorectal Health facilities, the first single
use, patented, disposable, hemorrhoid banding system. CRH Medical has begun to
open Center for Colorectal Health facilities in the United States specializing
in the treatment of hemorrhoids and fissures, and colon cancer screening. The
Company's goal is to become the preeminent resource on colorectal health for
consumers and medical professionals in North America.
The information in this news release contains so-called "forward-looking"
statements. These include statements regarding CRH Medical expectations,
beliefs, intentions or strategies for the future, which may be indicated by
words or phrases such as "anticipate", "expect", "intend", "plan", "will", "we
believe", "CRH Medical believes" "management believes" and similar language.
All forward-looking statements are based on CRH Medical current expectations
and are subject to risks and uncertainties and to assumptions made.
For further information, visit the Company's website at
www.crhmedcorp.com or the SEDAR website at www.sedar.com or email us at
ir@crhmedcorp.com.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
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