The Company is no longer able to meet its financial obligations and has appointed
The CSE has not reviewed, approved or disapproved the content of this press release.
Certain information set out in this news release constitutes forward-looking information within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "hope", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "scheduled", "believe" and similar expressions. The forward- looking information set out in this news release relates to future events or our future performance and includes, without limitation statements concerning the Assignment under the BIA, any proceedings or settlements with the Company's creditors, and actions the Trustee may take in connection with its appointment as bankruptcy trustee.
Although the forward-looking information contained in this news release is based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with such forward-looking information. Forward-looking information involve substantial known and unknown risks, uncertainties and other factors which cause actual results to vary from those express or implied by such forward looking information, including without limitation those risks and uncertainties identified under the heading "Business Risks and Uncertainties" in the Company's most recently filed Management's Discussion and Analysis for the three and nine months ended
The forward-looking information contained in this news release is provided as of the date hereof. The Company disclaims any intention or obligation to update or publicly revise any forward–looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. Furthermore, the Company does not assume responsibility for the accuracy and completeness of the forward-looking information set out in this news release. All forward-looking information contained in this news release is expressly qualified in its entirety by the foregoing cautionary statements.
SOURCE
© Canada Newswire, source