Vitreous Glass Inc. Re-Files Audited Financial Statements for the Years Ended September 30, 2018 and 2017
February 26 2019 - 7:07PM
Vitreous Glass Inc. ("
Vitreous" or the
"
Corporation") (TSX-V:VCI) announces that today it
has re-filed its audited financial statements for the years ended
September 30, 2018 and 2017, as the originally filed financial
statements, which were filed on December 10, 2018, contained
incorrect information in the Statements of Cash Flows as a result
of an administrative error. The amortization amounts included
in total cost of sales on the Statements of Income and
Comprehensive Income were not included in the amortization amounts
added back on the Statements of Cash Flows, resulting in the ending
cash and cash equivalents balance on the Statements of Cash Flows
for the years ended September 30, 2018 and 2017 not reconciling to
the Statements of Financial Position. The correction does not
impact any of the amounts in the Statements of Financial Position,
Statements of Income and Comprehensive Income, Statements of
Changes in Shareholders' Equity, or any of the notes to the
financial statements. In addition, the correction to the Statements
of Cash Flows do not impact any information contained in the
management's discussion and analysis of the Corporation for the
year ended September 30, 2018. No other changes have been
made to the financial statements.
For further information, please contact:
VITREOUS GLASS INC.Pat Cashion, President(403)
616-2773
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 and accuracy
of this release.
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