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Audited Annual Financial Statements and Management Discussion and Analysis for the year ended
December 31, 2022 due on or beforeMay 1, 2023 (the “Annual Filings”);Management prepared Financial Statements and Management Discussion and Analysis for the quarter ended
March 31, 2023 due on or beforeMay 30 2023 (the “Q1 Filings”); andCEO and CFO certificates relating thereto;
SPO does not expect to be able to meet these filing deadlines but its internal audit work has commenced and it now expectsto complete the Annual Filings by
Financial conditions and auditor availability impacted the Corporations ability to prepare for, and pay for, its Annual Financial Statements and Annual MD&A.
SPO made an application to the
Other than as previously disclosed and the contents hereof, there is no material information of the Corporation which has not been disclosed by timely press releases.
About
Contact:info@sponsorsone.com
Phone: 1-833-SPONSR1 (776-6771) or local: 1-289-846-3703
ON BEHALF OF THE BOARD
The Canadian Securities Exchange ("CSE") has neither approved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statements and information that are based on the beliefs ofmanagement and reflect the Company's current expectations. When used in this news release, the words "estimate," "project," "belief," "anticipate," "intend," "expect," "plan," "predict," "may," or "should" and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements, or other future events to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with the marketing and sale of securities the need for additional financing requirements and access to capital, reliance on key personnel the potential for conflicts of interest among certain officers or directors with certain other projects the volatility of the volume and price of the Common Shares, the failure of the business strategy, the integrity of the Company's patents and proprietary intellectual property, and competition.
The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change, and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, including the risk factors set out in the Company's Listing Statement. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
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Copyright (c) 2023 TheNewswire - All rights reserved., source