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Cision Canada
12 hours ago
- Business
- Cision Canada
SIMPLY SOLVENTLESS ANNOUNCES AGREEMENT WITH NATURA LIFE + SCIENCE TO LAUNCH SLUGGERS IN CANADA, AND PROVIDES Q1 TIMING, EXECUTIVE AND MCTO UPDATES
CALGARY, AB, June 16, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) (" SSC" or the " Company") is pleased to announce that it has reached an agreement with Natura Life + Science (" Natura"), a California cannabis company, to launch Sluggers, the legendary northern California cannabis brand, in Canada. Sluggers' U.S. based website is as follows: SSC is also pleased to provide an update regarding changes made to its executive team, the timing of filing its first quarter results (" Financials") for the three months ended March 31, 2025, and an update on its previously announced management cease trade order (" MCTO") under National Policy 12-203 – Management Cease Trade Orders (" NP 12-203") initially issued by the Alberta Securities Commission, the Company's principal regulator, on May 5, 2025, and subsequently updated by SSC through press releases issued on April 30, 2025, May 14, 2025, May 20, 2025, and June 2, 2025. Sluggers The Sluggers brand was built by cannabis culture and community leaders, and is known for premium pre-rolls, vapes, and flower. With a passionate fan base, Sluggers has been setting the standard in the U.S. cannabis market, bringing consistent, innovative and high-quality products to a wide base of consumers. Sluggers has rapidly expanded across multiple states, and they are now leveraging ANC Inc.'s leading manufacturing capability to bring Sluggers' exceptional products to Canada. ANC Inc. is a wholly owned subsidiary of SSC. According to Headset data: Sluggers is #1 in units sold in California for 3.5g pre-roll packs, including being the #2 infused pre-roll brand on 4/20. Currently, Sluggers sells over a million pre-rolls per month. Sluggers has achieved 600% year over year growth in vape sales. The initial Sluggers product launches coming in July are as follows: Bubble Bath Juiced Hash & Diamond Infused Kief Coated 5-pack pre-roll in Ontario, Saskatchewan, and Manitoba. Fire OG Hash & Diamond Infused Glass Tip 1.5g pre-roll in Ontario, Saskatchewan, and Manitoba. Under the terms of the agreement, SSC has exclusivity on distribution of the the Sluggers brand in Canada. SSC will retain 75% of the net income generated from the sale of the Sluggers products. SSC will provide all raw materials and Natura will pay for all sales and marketing activities. Jeff Swainson, SSC's President & CEO, stated: "We are thrilled to bring the iconic Sluggers brand to Canada, as we anticipate that it will generate the same level of enthusiasm and customer connection in Canada as it does in the U.S." Executive Change Jeff Holmgren, SSC's Chief Financial Officer (" CFO"), is no longer with SSC. SSC thanks Mr. Holmgren for his contributions and wishes him the best in his future endeavours. The timing of filing SSC's Financials, including the related management's discussion and analysis and officer certificates (collectively, the " Required Filings"), will not be impacted and it is anticipated they will be released on June 20, 2025, as previously disclosed. SSC has engaged Lachlan McLeod, a seasoned cannabis executive, through his firm Stornoway CPA, to assist with the Q1 2025 Financials and certain other accounting and finance duties until such time as a permanent CFO is appointed. Upcoming CFO Appointment SSC is in the final stages of executing an employment contract with a highly experienced individual who upon execution of the employment agreement will be appointed as SSC's CFO subsequent to expiration of his notice period with his current employer. Q1 2025 Filing Timeline & MCTO Update The Company expects to file the Required Filings on or before June 20, 2025. Should this timing change, an update will be provided. The MCTO will remain in effect until the Company files the Required Filings. As previously announced, pursuant to the MCTO, Management of the Company may not trade in securities of the Company until such time as the Company files the Required Filings and the MCTO is revoked. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company. The Company confirms that it will satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports in the form of news releases for so long as it remains in default of the above-noted filing requirements. The Company confirms that, except as publicly disclosed by the Company in its press releases: (a) there have been no material changes to the information contained in the default announcement issued on April 30, 2025 (the " Default Announcement") that would reasonably be expected to be material to an investor; (b) there have been no failures by the Company to fulfill its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines under NP 12-203; (c) there has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the Default Announcement; and (d) there is no other material information concerning the affairs of the Company that has not been generally disclosed. About Simply Solventless Concentrates Ltd. SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see Notice on Forward Looking Information This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects", "projected", "approximately" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning initial Sluggers product launches, Sluggers product quality, the innovative nature of Sluggers products, the consistency of Sluggers products, consumer enthusiasm regarding Sluggers, the potential following, popularity, and customer connection related to Sluggers, future CFO appointments, and the timing of filing the Required Filings and MCTO. SSC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of SSC, including expectations and assumptions concerning SSC, the timing and market acceptance of products, competition in SSC's markets, SSC's reliance on customers, fluctuations in interest rates, SSC's ability to maintain good relations with its customers, employees and other stakeholders, changes in law or regulations, SSC's ability to protect its intellectual property, as well as other risks and uncertainties, including those described in SSC's filings available on SEDAR+ at including its most recent annual information form. The reader is cautioned that assumptions used in the preparation of any forward-looking statements 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 SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. 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 press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and SSC does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Simply Solventless Concentrates Ltd.
Cision Canada
03-06-2025
- Business
- Cision Canada
SIMPLY SOLVENTLESS ANNOUNCES REPAYMENT OF $3.4 MILLION OF PROMISSORY NOTES DUE MAY 31, 2025 WITH SSC SHARES AT $0.50/SHARE AND THE AMENDMENT OF THE REMAINING $3.75 MILLION NOTES TO BE REPAID OVER TWO YEARS
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ CALGARY, AB, June 3, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) (" SSC") is pleased to announce that it has amended the terms of its aggregate notes payable of up to $7.15 million due to the prior shareholders of ANC Inc. (" ANC"), which were comprised of a non-interest bearing promissory note with $3.65 million currently outstanding (the " Promissory Note"), previously due May 31, 2025, and a non-interest bearing earn-out note with up to $3.5 million outstanding, previously due October 31, 2025 (together with the Promissory Note, the " Notes"). The Notes were originally issued on October 17, 2024 as partial consideration in connection with the acquisition by SSC of ANC. The amendment of the Notes provides for the following repayment terms: Approximately $3.4 million of the Notes will be repaid through the issuance of 6,875,000 common shares of SSC at $0.50 per common share (the " Equity Issuance"), subject to approval from the TSXV. $0.5 million of the Notes have been discharged. $1.0 million of the Notes will be repaid in cash on or around June 3, 2026. $2.2 million of the Notes will be repaid in weekly cash payments averaging $21,370.19 over two years. Should SSC repay this balance by July 31, 2025, the remaining principal balance owing at that time will be reduced by $367,500. Should SSC repay this balance by December 31, 2025, the remaining principal balance owing at that time will be reduced by $245,000. The Equity Issuance will be subject to a hold period of four months and one day from the date of issuance. In connection with the amendment of the Notes. Summary of Repayment & Amendments Prior Terms Amended Terms Principal Balance Total up to $7.15 million $3.2 million Due Date / Payments $3.65 million due May 31, 2025 Up to $3.5 million due October 31, 2025 $1.0 million payable June 3, 2026 $21,370.19 paid weekly over two years Equity Paid Maximum $1.75 million $3.4 million Early Repayment by July 31, 2025 N/A $0.3675 million reduction in remaining principal balance Early Repayment by December 31, 2025 N/A $0.245 million reduction in remaining principal balance Jeff Swainson, SSC's President & CEO, stated: "We would like to thank ANC's prior shareholders for their belief in SSC as demonstrated by their desire to have approximately $3.4 million of their notes repaid in SSC shares at $0.50/share. This arrangement significantly improves SSC's balance sheet while reducing cash flow obligations, providing a strong foundation for future growth and the execution of our impactful business plan focussed on opportunistic acquisitions." Related Party Transaction James, Clarke, Thomas Facciolo and Tairance Rutter, insiders of SSC, will receive a portion of the Equity Issuance as parties to the amended Notes, which are considered "related party transactions" for the purposes of National Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101"). SSC was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on section 5.5(a) and 5.7(1)(a) of MI 61-101. SSC did not file a material change report in respect of the related party transaction 21 days prior to the closing of the amendment as the details of the amendment had not been confirmed at that time. Further details will be provided in a material change report to be filed by SSC subsequent to the dissemination of this press release. About Simply Solventless Concentrates Ltd. SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see Notice on Forward Looking Information This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects", "projected", "approximately" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning TSXV approval of the Equity Issuance and the benefits of the Notes amendment. SSC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of SSC, including expectations and assumptions concerning SSC, the timing and market acceptance of products, competition in SSC's markets, SSC's reliance on customers, fluctuations in interest rates, SSC's ability to maintain good relations with its customers, employees and other stakeholders, changes in law or regulations, SSC's ability to protect its intellectual property, as well as other risks and uncertainties, including those described in SSC's filings available on SEDAR+ at including its most recent annual information form. The reader is cautioned that assumptions used in the preparation of any forward-looking statements 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 SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. 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 press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and SSC does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
03-06-2025
- Business
- Yahoo
SIMPLY SOLVENTLESS ANNOUNCES REPAYMENT OF $3.4 MILLION OF PROMISSORY NOTES DUE MAY 31, 2025 WITH SSC SHARES AT $0.50/SHARE AND THE AMENDMENT OF THE REMAINING $3.75 MILLION NOTES TO BE REPAID OVER TWO YEARS
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ CALGARY, AB, June 3, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC") is pleased to announce that it has amended the terms of its aggregate notes payable of up to $7.15 million due to the prior shareholders of ANC Inc. ("ANC"), which were comprised of a non-interest bearing promissory note with $3.65 million currently outstanding (the "Promissory Note"), previously due May 31, 2025, and a non-interest bearing earn-out note with up to $3.5 million outstanding, previously due October 31, 2025 (together with the Promissory Note, the "Notes"). The Notes were originally issued on October 17, 2024 as partial consideration in connection with the acquisition by SSC of ANC. The amendment of the Notes provides for the following repayment terms: Approximately $3.4 million of the Notes will be repaid through the issuance of 6,875,000 common shares of SSC at $0.50 per common share (the "Equity Issuance"), subject to approval from the TSXV. $0.5 million of the Notes have been discharged. $1.0 million of the Notes will be repaid in cash on or around June 3, 2026. $2.2 million of the Notes will be repaid in weekly cash payments averaging $21,370.19 over two years. Should SSC repay this balance by July 31, 2025, the remaining principal balance owing at that time will be reduced by $367,500. Should SSC repay this balance by December 31, 2025, the remaining principal balance owing at that time will be reduced by $245,000. The Equity Issuance will be subject to a hold period of four months and one day from the date of issuance. In connection with the amendment of the Notes. Summary of Repayment & AmendmentsPrior Terms Amended Terms Principal Balance Total up to $7.15 million $3.2 million Due Date / Payments $3.65 million due May 31, 2025 Up to $3.5 million due October 31, 2025 $1.0 million payable June 3, 2026 $21,370.19 paid weekly over two years Equity Paid Maximum $1.75 million $3.4 million Early Repayment by July 31, 2025 N/A $0.3675 million reduction in remaining principal balance Early Repayment by December 31, 2025 N/A $0.245 million reduction in remaining principal balance Jeff Swainson, SSC's President & CEO, stated: "We would like to thank ANC's prior shareholders for their belief in SSC as demonstrated by their desire to have approximately $3.4 million of their notes repaid in SSC shares at $0.50/share. This arrangement significantly improves SSC's balance sheet while reducing cash flow obligations, providing a strong foundation for future growth and the execution of our impactful business plan focussed on opportunistic acquisitions." Related Party Transaction James, Clarke, Thomas Facciolo and Tairance Rutter, insiders of SSC, will receive a portion of the Equity Issuance as parties to the amended Notes, which are considered "related party transactions" for the purposes of National Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). SSC was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on section 5.5(a) and 5.7(1)(a) of MI 61-101. SSC did not file a material change report in respect of the related party transaction 21 days prior to the closing of the amendment as the details of the amendment had not been confirmed at that time. Further details will be provided in a material change report to be filed by SSC subsequent to the dissemination of this press release. About Simply Solventless Concentrates Ltd. SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see Notice on Forward Looking Information This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects", "projected", "approximately" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning TSXV approval of the Equity Issuance and the benefits of the Notes amendment. SSC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of SSC, including expectations and assumptions concerning SSC, the timing and market acceptance of products, competition in SSC's markets, SSC's reliance on customers, fluctuations in interest rates, SSC's ability to maintain good relations with its customers, employees and other stakeholders, changes in law or regulations, SSC's ability to protect its intellectual property, as well as other risks and uncertainties, including those described in SSC's filings available on SEDAR+ at including its most recent annual information form. The reader is cautioned that assumptions used in the preparation of any forward-looking statements 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 SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. 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 press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and SSC does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Simply Solventless Concentrates Ltd. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
01-05-2025
- Business
- Cision Canada
SIMPLY SOLVENTLESS ADVISES OF DELAY IN FILING ANNUAL FINANCIAL STATEMENTS DUE TO AUDIT DELAY, PROVIDES UPDATE ON TERMINATION OF CANADABIS ACQUISITION, & FILES APPLICATION FOR MANAGEMENT CEASE TRADE ORDER
CALGARY, AB, April 30, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) (" SSC" or the " Company") announces that it will not be in a position to file its audited annual financial statements for the year ended December 31, 2024, the related management's discussion and analysis and related CEO and CFO certificates by the required deadline of April 30, 2025 (the " Required Filings") due to a delay in the financial statement audit process, provides further information regarding the CanadaBis Capital Inc. (" CanadaBis") arrangement agreement (" Arrangement Agreement") termination, and files a management cease trade order (" MCTO") application with the Alberta Securities Commission (" ASC"). Annual 2024 Financials Filing Delay SSC was notified by its on auditor on April 28, 2025 that it was likely the audit of its annual financial statements and management discussion and analysis for the year ended December 31, 2024 would not be complete by April 30, 2025. The delay is due to the fact that SSC's auditors require additional time to complete the audit process. In particular, SSC and its auditor are evaluating the tax treatment of a reorganization transaction of one of its subsidiaries completed prior to SSC's acquisition of it, pursuant to which certain debt of the subsidiary owing to its then parent company was settled in exchange for shares. The tax implications of this reorganization are complicated and have resulted in extensive investigation and additional audit procedures. SSC expects to file its 2024 annual financial statements and related management's discussion and analysis on May 21, 2025. SSC believes that it is close to resolving all related audit matters, and is using its best efforts to work with its auditor to conclude on the audit as soon as possible. SSC will provide further information regarding the timing of the filing of its Required Filings as it becomes available. Other than as disclosed herein, the Company is up to date in its filing obligations. CanadaBis Acquisition Termination SSC has received a notice of termination from CanadaBis with respect to the Arrangement Agreement dated March 11, 2025 between SSC and CanadaBis. The Arrangement Agreement provided for the acquisition of all of the issued and outstanding shares of CanadaBis by SSC by way of a court approved plan of arrangement under the Business Corporations Act (Alberta). CanadaBis stated in its news release dated April 28, 2025: "Recent information constitutes an SCC Material Adverse Change under the terms of the Arrangement Agreement". SSC categorically denies that there is any SSC Material Adverse Change and is of the opinion that CanadaBis has not validly terminated the Arrangement Agreement in accordance with its terms. SSC has demanded payment from CanadaBis of the break fee in the amount of $1,200,000 by no later than April 30, 2025. The termination of the Arrangement Agreement is unrelated to the delay in filing the Required Filings. Jeff Swainson, President and CEO of SSC stated: "We are working expeditiously towards completion of the audit and filing of our financial statements. The audit delay is entirely unrelated to the termination by CanadaBis of the Arrangement Agreement. SSC refutes that any material adverse change has happened to our business and SSC is pursuing all legal remedies against CanadaBis, including payment of a $1.2 million break fee, for the invalid termination of the Arrangement Agreement. CanadaBis raised $4.1 million capital after the Arrangement Agreement was announced, while SSC incurred cost and worked in good faith to close the transaction. We are not deterred, and upon filing our financial statements we are steadfastly committed to our business plan." Management Cease Trade Order SSC has applied to the ASC, as principal regulator for the Company, and to the British Columbia Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan and the Ontario Securities Commission for the imposition of a management cease trade order under National Policy 12-203 – Management Cease Trade Orders (" NP 12-203") throughout the duration of the default. The management cease trade order, if approved, will generally not affect the ability of persons who are not or have not been management of the Company to trade in its securities. SSC confirms that it will satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports in the form of news releases for so long as it remains in default of the above-noted filing requirements. SSC confirms that there is no other material information relating to its affairs that has not been generally disclosed. The Company is not involved in any insolvency proceedings. About Simply Solventless Concentrates Ltd. SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see Notice on Forward Looking Information This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects", "projected" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning the timing of release of the Required Filings, the audit being completed, the resolution of audit matters, a $1.2 million break fee demanded by SSC, and the receipt of a MCTO. SSC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of SSC, including expectations and assumptions concerning SSC, the timing of completion of the audit, the resolution of audit matters, the timing of receipt of the MCTO if at all, and whether CanadaBis pays the break fee as demanded by SSC, expectations and assumptions concerning SSC, the ability to maintain relationships with customers, employees and suppliers, the timing and market acceptance of products, competition in SSC's markets, SSC's reliance on customers, fluctuations in interest rates, SSC's ability to maintain good relations with its customers, employees and other stakeholders, changes in law or regulations, SSC's ability to protect its intellectual property, as well as other risks and uncertainties, including those described in SSC's filings available on SEDAR+ at The reader is cautioned that assumptions used in the preparation of any forward-looking statements 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 SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. 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 press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and SSC does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Simply Solventless Concentrates Ltd.
