Ottawa, Ontario--(Newsfile Corp. - October 21, 2021) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a supplier of optical components and subsystems, has filed its audited financial statements for the fiscal year ending June 30, 2021 ("Fiscal Year 2021") and related management's discussion and analysis and certifications (collectively, the "Financial Statements"). Electronic copies of the Financial Statements are available on SEDAR (www.sedar.com) under Enablence's issuer profile.
Annual and Special Meeting of Shareholders
The Company wishes to remind shareholders that its annual and special meeting (the "Meeting") is scheduled to be held on Tuesday, October 26, 2021 at 10:00 a.m. (Toronto time) at the Toronto offices of Bennett Jones LLP, located at One First Canadian Place, Suite 3400, Toronto, Ontario, M5X 1A4. Shareholders may also listen to, but not cast votes during, the Meeting by using the conference line details below.
Conference Line - 1-800-901-0218 (North America) or 1-719-234-0223 (International)
Passcode - 1450259052
The Company is pleased to report that Glass, Lewis & Co., an independent third party shareholder advisory service, has recommended that shareholders vote FOR each of the resolutions contained in the management information circular of Enablence dated September 21, 2021 (the "Circular"), which has been mailed to shareholders in connection with the Meeting.
The Board of Directors of Enablence strongly encourages shareholders of the Company to vote FOR each of the resolutions contained in the Circular by (i) completing a proxy, or (ii) voting online, in advance of the proxy voting deadline of 10:00 a.m. (Toronto time) on Friday, October 22, 2021. Alternatively, registered shareholders may vote in-person at the Meeting.
If you have questions or need assistance with the completion and delivery of your proxy, you may contact the Computershare Investor Services Inc. at 1-800-564-6253 (toll free North America) or 1-514-982-7555 (international).
Financial Highlights
Enablence is pleased to provide the following financial highlights for Fiscal Year 2021 (all dollar figures are expressed in thousands of United States dollars):
The "Financial Highlights" above are qualified in their entirety by the Financial Statements, which are available on SEDAR (www.sedar.com) under Enablence's issuer profile. For additional information on the Company, please refer to the investor presentation of the Company, which is available on Enablence's website (www.enablence.com/investors) in the "Corporate - Investors" tab.
About Enablence Technologies Inc.
Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, manufactures and sells optical components, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips. Enablence products serve a global customer base, primarily focused today on data centre and telecommunications infrastructure (namely 5G) end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers.
For more information, visit Enablence's website (www.enablence.com).
Forward-looking Statements
This news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR (www.sedar.com) under Enablence's issuer profile. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
For further information contact:
Craig Mode, Co-CEO and CFO
Enablence Technologies Inc.
[email protected]
Ashok Balakrishnan, Co-CEO and CTO
Enablence Technologies Inc.
[email protected]
Neither 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 or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100446