In related news, Mr.
'At the same time, we are delighted to welcome Lucas to the team and look forward to working with him.' Hagie continues, 'Lucas brings great insight, perspective, and access to an outstanding network of industry colleagues from his far-reaching career experiences. We are always looking to build value in our venture, and with ever-stronger leadership we continue to move the needle forward towards commercialization for our exciting products.'
On behalf of the Board of Directors,
Sincerely,
~John Hagie~
Chief Executive Officer & Director
As part of the Company's disclosure obligations as a public issuer, ongoing financial and material filings can be found under the Company's profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. We invite the public to visit our website at www.tugainnovations.com and to sign up to our 'news alerts' to be advised of future news and events. Please watch our video which is now available on the website, and follow us on Instagram, Twitter, and LinkedIn.
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Forward-Looking Statement
This news release contains statements and information that, to the extent that they are not historical fact, may constitute 'forward-looking information' within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as 'aim', 'aims to', 'may', 'would', 'could', 'will', 'will be' 'likely', 'expected', 'anticipated', 'proposed', 'believe', 'intend', 'plan', 'forecast', 'project', 'estimate', 'outlook', 'hope', 'the potential to' or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the Company addressing challenges faced when driving in, between, and around urban centres and metropolitan areas; the Company's commercialization of its automotive concepts; the Company's go-to-market concept for its vehicle; the Company moving the needle forward towards commercialization for its exciting products; the width of the vehicle, the expanded rear axle feature of the vehicle, the advanced connectivity features of the vehicle and anticipated benefits, the km range and top speed of the vehicle, and the safety, performance, and comfort offered by the vehicle.
Forward-looking information is based on the assumptions, estimates, analysis, and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, key personnel and qualified employees continuing their involvement with the Company; the Company's ability to secure additional financing on reasonable terms; the competitive conditions of the industries in which the Company operates; and laws and any amendments thereto applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all, as well as all of the other risks as described in the Company's final prospectus dated
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