Prospect Park Capital Issues Update on Timing of Previously Announced Share Split
February 02 2021 - 12:23PM
Prospect Park Capital Corp. (the “
Company”)
(TSXV:PPK), a public investment issuer, announces that, as a
result of a request from the TSX Venture Exchange, the previously
announced split (the “
Split”) of its common shares
(the “
Common Shares”), on the basis of three (3)
post-split Common Shares for each one (1) pre-split Common
Share, will now be effected on the TSX Venture Exchange and begin
trading on a split-adjusted basis, at the market open on February
4, 2021 (the “
Effective Time”). The Common Shares
will remain halted on the TSX Venture Exchange until the Effective
Time. The record date for the Split will be February 3, 2021 and
the payment date will be February 5, 2021.
For more information please contact: |
James Greig |
|
Chief Executive Officer |
|
Prospect Park Capital Corp. |
|
Tel: (778) 788-2745 |
Certain statements contained in this press
release 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, the completion and timing of the split, 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. 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. Examples of such risk factors
include, without limitation; risks related to COVID-19 including
various recommendations, orders and measures of governmental
authorities to try to limit the pandemic, including travel
restrictions, border closures, non-essential business closures,
quarantines, self-isolations, shelters-in-place and social
distancing, disruptions to markets, economic activity,
financing, supply chains and sales channels, and a deterioration
of general economic conditions including a possible national
or global recession; additional regulatory or legal approvals
required for the Split; as well as those risk factors discussed or
referred to in the Company’s disclosure documents filed with
the securities regulatory authorities in certain provinces of
Canada and available at www.sedar.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.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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