METALORE RESOURCES LIMITED
NOTES TO FINANCIAL STATEMENTS YEARS ENDED MARCH 31, 2009
4. LONG TERM INVESTMENTS
In 1999, the Company purchased 3,600,000 shares of Ontex at $0.35 per share, for total consideration of $1,260,000. In fiscal 2002, the Company purchased an additional 600,000 shares at $0.30 per share on a flow through basis for $180,000. ---. The investment in Ontex is currently treated as available for sale ----.
METALORE RESOURCES LIMITED
Six Months ended September 30, 2009 Statement of Cash Flows ------.
16. The company sold some of its Ontex shares and at the same time adjusted its portfolio of low risk marketable securities. -------.