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Share Name | Share Symbol | Market | Type |
---|---|---|---|
The Limestone Boat Company Limited | TSXV:BOAT | 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% | 0.01 | 0.005 | 0.01 | 0 | 01:00:00 |
COLLINGWOOD, ON, Aug. 30, 2021 /CNW/ - The Limestone Boat Company Limited ("Limestone" or the "Company") (TSXV: BOAT) – owner and builder of Limestone® boats and Aquasport coastal and bay boats today reported its financial results for the second quarter ended June 30, 2021 ("Q2" FY2021). All dollar amounts are in Canadian dollars unless otherwise noted.
Q2 FY Business Highlights:
Limestone CEO Scott Hanson stated, "In recognition of global supply chain issues affecting our industry, Limestone has re-aligned its productions plans by brand and model to align with market demand and supply challenges, as well as having developed a 3-phased, 5-year growth strategy which will see the Company achieve measured, consistent growth in production and sales leading into 2022 and beyond. This plan will allow us to form guidance that we intend to deliver to the market in January 2022."
Q2 FY Financial Highlights:
Summary of Financial Information and Overall Performance:
Review of Statements of Comprehensive Income:
The Company's complete Financial Statements and Management Discussion and Analysis for the quarter ended June 30, 2021 are available at www.sedar.com or on the Company's website at www.limestoneboats.com.
About The Limestone Boat Company Limited
The Limestone Boat Company – owner and builder of Limestone® boats and Aquasport coastal and bay boats – is publicly traded on the Toronto Venture Exchange under the ticker symbol BOAT. They are headquartered in Collingwood, Ontario with a 145,000 sq. ft. manufacturing facility in White Bluff, Tennessee. The company is backed by a large, skilled labor force and dealer partners throughout the United States and the Canadian Great Lakes Region.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "anticipate", "believe", "could" "should", "would", "estimate", "expect", "forecast", "indicate", "intend", "likely, "may", "plan", "potential", "project", "outlook", "seek", "target", "trend" or "will" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties' current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The Company is subject to a number of risks relating to integration and go-forward operations, certain of which are more particularly described in the Company's public filings available on SEDAR including, without limitation, the filing statement filed by the Company on February 23, 2021, and the MD&A. The forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Many factors could cause actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements. All the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that the actual results or developments will be realized or, even if substantially realized, will have the expected consequences to, or effects on, the Company. Unless required by applicable securities law, the Company does not intend and does not assume any obligation to update these forward-looking statements.
SOURCE The Limestone Boat Company
Copyright 2021 Canada NewsWire
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