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OPX.H

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:OPX.H TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

OutdoorPartner Media Corporation Files Audited Financial Statements for Year End 2011, and Unaudited Interim Financial Statem...

07/02/2012 7:50pm

Marketwired Canada


OutdoorPartner Media Corporation (TSX VENTURE:OPX.H) (the "Company") today
announced the filing of its audited financial statements for the year ended
February 28, 2011 and unaudited financial statements for the interim three, six
and nine month periods ending May 31, 2011, August 31, 2011 and November 30,
2011, respectively, together with all accompanying management's discussion and
analysis and related CEO and CFO certifications (collectively, the "Required
Documents"). The Required Documents are available on the SEDAR website at
www.sedar.com.


The Company's inability to file the Required Documents on time was due to the
Company's recent negotiations concerning the acquisition of an internet
marketing business together with a recent transition in the executive functions
of the CFO while continuing to act on behalf of the Company. Insufficient
opportunity was available for the necessary preparation and filing of the
Required Documents. 


The Company further announces that it is in the process of filing applications
with the Ontario Securities Commission, British Columbia Securities Commission,
Alberta Securities Commission, Manitoba Securities Commission and the Autorite
des marches financiers (collectively, the "Commissions") to revoke the cease
trade orders imposed by the Commissions (the "CTOs") due to the non-filing of
the Required Documents. The Company is also in the process of filing an
application with the TSX Venture Exchange Inc. (the "Exchange") to reinstate
trading of the securities of the Company, which securities were suspended by the
Exchange on July 8, 2011 pursuant to the issuance of the CTOs. 


About the Company 

The principal business of the Company is to identify and evaluate opportunities
for the acquisition of an interest in assets or businesses and, once identified
and evaluated, to negotiate an acquisition or participation subject to
acceptance for filing by the Exchange. The Corporation does not have business
operations or assets other than cash, and currently has no written or oral
agreements in principle for the acquisition of an asset or business. 


Forward-Looking Statements 

Certain statements in this release may constitute forward-looking statements or
forward-looking information within the meaning of applicable securities laws. In
some cases, forward-looking statements can be identified by terms such as
"could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate",
"plan", "potential", "project" or other expressions concerning matters that are
not historical facts. Readers are cautioned not to place undue reliance upon any
such forward-looking statements.


Such forward-looking statements are not promises or guarantees of future
performance and involve both known and unknown risks and uncertainties that may
cause the actual results, performance, achievements or developments of the
Company to differ materially from the results, performance, achievements or
developments expressed or implied by such forward-looking statements.
Forward-looking statements, by their nature, are based on certain assumptions
regarding expected growth, management's current plans, estimates, projections,
beliefs, opinions and business prospects and opportunities (collectively, the
"Assumptions"). While the Company considers these Assumptions to be reasonable,
based on the information currently available, they may prove to be incorrect.


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