The Company has reserved a total of 1,590,910 common shares to be used for the purpose of paying the Chief Executive Officer's net salary quarterly, in arrears, during the period from
The Chief Executive Officer's net salary for the Payment Period was
The issuance of the shares remains subject to final approval by the Exchange.
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CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements relating to the Company and the payment of its Chief Executive Officer's net salary, quarterly in arrears in common shares of the Company. Such forward-looking statements are identified by terms such as "will" and similar expressions. All statements, other than statements of historical fact included in this release, including those noted above, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include delays or an inability to obtain necessary approvals to issue the common shares to the Chief Executive Officer on a timely basis, difficulties or disagreements over the calculation of the Chief Executive Officer's net salary for the Payment Period, new information about the performance of the Company or its management during the Payment Period, and other risks as set out in the Company's Filing Statement available on its SEDAR page at www.sedar.com.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The Company cannot guarantee that any of the forward-looking statements contained in this press release will occur as disclosed herein or at all. The reader is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law.
Neither the
SOURCE
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