Acasta Announces Revised Notice of Release of Fourth Quarter and Year-End 2017 Financial Results

Mar 19, 2018 01:52 pm

Acasta Enterprises Inc. (TSX: AEF) (“Acasta” or the “Company”) announced today that Acasta will release its fourth quarter and year-end 2017 financial results after market close on Thursday March 29, 2018 instead of March 20, 2018 as previously announced. The delay is due to the Company’s focus on the proposed sale of Stellwagen Group Limited business unit, which is expected to close before March 31, 2018.

2017 Fourth Quarter and Full Year Results Conference Call

Acasta’s senior management will host a conference call on Tuesday, April 3, 2018 at 9:00 a.m. (E.D.T.) to discuss the Company’s financial and operating results. Please dial 1-416-406-0743 or toll-free (Canada/US) 1-800-806-5484 with passcode 1948342#. To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call.

Replay archive

The conference call will be archived on the Company’s website at and will be available for replay at 1-905-694-9451 or toll-free (Canada/US) 1-800-408-3053 with passcode 8204336#, expiring on May 15, 2018.

Cautionary Note Concerning Forward Looking Statements

This news release may include forward looking statements. All such statements constitute forward looking information within the meaning of applicable securities law and are made pursuant to the “safe harbour” provisions of applicable securities laws. Forward looking statements may include, but are not limited to, statements about anticipated future events or results, including comments with respect to Company’s future business operations, financial performance and condition. Forward looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as “will”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of the Company’s management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. The forward looking information contained in this news release is presented for the purpose of assisting readers in understanding the Company’s business and strategic priorities and objectives as at the periods indicated and may not be appropriate for other purposes. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward looking statements contained in this news release, including, among other factors, those referenced in the section entitled “Risk Factors” in the Company’s annual information form for the year ended December 31, 2016, a copy of which is available on the SEDAR website at under the Company’s profile. Forward looking statements contained in this news release are not guarantees of future performance and, while forward looking statements are based on certain assumptions that the Company considers reasonable, actual events could differ materially from those expressed or implied by forward looking statements made by the Company. Readers are cautioned to consider these and other factors carefully when making decisions with respect to the Company and to not place undue reliance on forward looking statements. Circumstances affecting the Company may change rapidly. Except as may be expressly required by applicable law, Acasta does not undertake any obligation to update publicly or revise any such forward looking statements, whether as a result of new information, future events or otherwise. These cautionary statements expressly qualify all forward looking statements in this new release.

Acasta Enterprises Inc.
Ian Kidson, 1-647-725-6707
Interim Chief Executive Officer