BlueRush Delayed in Filing Financial Statements; Anticipated FFCTO
November 28 2024 - 6:19PM
BlueRush Inc. ("
BlueRush" or the
"
Company") (TSXV:BTV; OTCQB:BTVRF), a
personalized video Software as a Service ("
SaaS")
company, announces that it will miss the deadline of November 28,
2024 (the "
Filing Deadline") to file the Company’s
audited annual financial statements and management discussion &
analysis for the financial year ended July 31, 2024, and the CEO
and CFO certificates, all as required by National Instrument 51-102
- Continuous Disclosure Obligations and National Instrument 52-109
- Certification of Disclosure in Issuers’ Annual and Interim
Filings (collectively, the “
Documents”). As a
consequence, the Company anticipates the imposition by the Ontario
Securities Commission of a Failure-to-File Cease Trade Order
("
FFCTO"). The Company is working diligently with
its auditors to file the Documents as soon as possible.
About BlueRush Inc.
BlueRush, through its wholly owned operating
subsidiary, builds and delivers products and services that engage
customers in the digital channels. BlueRush’s flagship product,
IndiVideo®, is a disruptive, award-winning interactive personalized
video platform that drives return on investment throughout the
customer lifecycle, from increased conversions to more engaging
statements and customer care. IndiVideo® enables BlueRush clients
to capture knowledge and data from their customers' video
interaction, creating new and compelling data driven customer
insights. For more information
visit https://www.bluerush.com.
Forward-Looking Statements
Certain statements contained in this press
release may constitute "forward-looking information" as such term
is defined in applicable Canadian securities legislation. The words
"may", "would", "could", "should", "potential", "will", "seek",
"intend", "plan", "anticipate", "believe", "estimate", "expect"
and similar expressions as they relate to the Company, including:
statements with respect to the issuance and timing of an FFCTO; and
the filing of the Documents; are intended to identify
forward-looking information. All statements other than statements
of historical fact may be forward-looking information. Such
statements reflect the Company's current views and intentions
with respect to future events, and current information available
to the Company, and are subject to certain risks, uncertainties
and assumptions. Material factors or assumptions were applied in
providing forward-looking information. Many factors could cause
the actual results, performance or achievements that may be
expressed or implied by such forward-looking information to vary
from those described herein should one or more of these risks or
uncertainties materialize. These factors include, without
limitation: changes in law; the ability to implement business
strategies and pursue business opportunities; state of the capital
markets; the availability of funds and resources to pursue
operations; a novel business model; dependence on key suppliers
and local partners; competition; the outcome and cost of any
litigation; the general impact of COVID-19 pandemic; as well as
general economic, market and business conditions, as well as
those risk factors discussed or referred to in disclosure
documents filed by the Company with the securities regulatory
authorities in certain provinces of Canada and available at
www.sedarplus.com. Should any factor affect the Company in an
unexpected manner, or should assumptions underlying the
forward-looking information prove incorrect, the actual results
or events may differ materially from the results or events
predicted. Any such forward-looking information is expressly
qualified in its entirety by this cautionary statement. Moreover,
the Company does not assume responsibility for the accuracy or
completeness of such forward-looking information. The
forward-looking information included in this press release is
made as of the date of this press release and the Company
undertakes no obligation to publicly update or revise any
forward-looking information, other than as required by applicable
law.
For further information please contact:
Steve TaylorChief Executive OfficerBlueRush Inc.Tel:
416-457-9391Email: steve.taylor@bluerush.com
Kendra BorutskiDirector of MarketingBlueRush Inc.Email:
kendra.borutski@bluerush.com
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