In connection with the financing of the acquisition,
All shares issued under the private placement are subject to a restricted period that will expire four months after the issuance date. Insiders purchased 484,400 of the Class A restricted equity shares under the first tranches of the private placement.
The private placement is subject to final acceptance by the
ON BEHALF OF THE BOARD
Douglas F. Good, President Forward-Looking Statements
This news release contains forward-looking statements regarding the future success of the business of the Company that is subject to risk and uncertainties. Examples of such forward-looking statements including, but are not limited to, statements concerning future private placements and the payment of future dividends. These forward-looking statements involve known and unknown risk and uncertainties that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. These risks include risks related to the acquisition, risks related to newly acquired businesses, uncertainty and dilution of additional financing and ability to service debt, as well as the risk factors described in the Corporation's Management Discussion and Analysis filed on SEDAR at www.sedar.com. The forward-looking statements contained herein are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such forward-looking statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
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ComWest Enterprise Corp.Investor relations contact: 778-370-1725 email@example.com Source: ComWest Enterprise Corp.