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avinanyc

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avinanyc

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Friday, 10/05/2007 3:16:21 PM

Friday, October 05, 2007 3:16:21 PM

Post# of 648882
TNRO

Terra Nostra Announces Year End Results: Record Revenue of $284.8 Million
Friday October 5, 3:08 pm ET


LOS ANGELES and ZIBO, China, Oct. 5 /PRNewswire-FirstCall/ -- Terra Nostra Resources Corporation (OTCBB: TNRO - News), a majority owner of two joint venture companies in the copper and stainless steel industries in China, is pleased to announce financial results and highlights for the fiscal year ended May 31, 2007.

2007 Year End Highlights
* Record revenue of $284.8 million;
* Operating profits of $1.8 million as compared to an operating loss of
$13.5 million for fiscal 2006;
* Pre-selling production to meet strong market demand;
* Ramping up of stainless steel production facilities; and
* Inauguration of 150,000 metric ton ("MT") stainless steel rolling mill
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