These risks and uncertainties include, among other things, that the Company will not receive the required regulatory approvals or approval from the TSXV in connection with the Offering, that the proceeds from the Offering will not permit the Company to ramp up global sales efforts nor attain a positive cash flow, and that the Company will not use the proceeds of the Offering as currently anticipated. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.
Readers are cautioned that the foregoing list of factors is not exhaustive. In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will use the proceeds of the Offering as currently anticipated, that the proceeds from the Offering will permit the Company to ramp up global sales efforts and attain a positive cash flow, and that the Company will receipt approval from the TSXV in connection with the Offering.
This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the anticipated use of proceeds of the Offering, that the proceeds will permit the Company to ramp up global sales efforts and attain a positive cash flow, and the receipt of final regulatory approval from the TSXV.
The story "ProStar Holdings Announces Upsize and Closing of Non-Brokered Private Placement For Gross Proceeds of $775,000" has 1478 words across 40 sentences, which will take approximately 7 - 13 minutes for the average person to read.
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