Search Blog
Categories
January 2018
M T W T F S S
« Dec   Feb »
1234567
891011121314
15161718192021
22232425262728
293031  

Tags

Quantum International Income Corp. Adjourns Shareholders Meeting to January 23, 2018

FSCWIRE

Quantum International Income Corp. Adjourns Shareholders Meeting to January 23, 2018

Toronto, Ontario (FSCwire) – Quantum International Income Corp. (“Quantum” or the “Corporation“) (TSXV:QIC) announces that it has adjourned its annual and special meeting of shareholders (the “Meeting“) scheduled for earlier today, with the Meeting to reconvene on January 23, 2018.

The Meeting was adjourned because the Corporation recently became aware that, due to seasonal factors beyond its control, many shareholders did not receive proxy materials for the Meeting in a timely fashion, or at all. As a result of these delays, many shareholders were not in position to return a proxy form or otherwise cause their shares to be voted prior to the January 3, 2018 proxy cut-off deadline. Accordingly, the Corporation decided to adjourn the Meeting to provide all shareholders with a reasonable opportunity to vote their shares in respect of the matters to be considered at the Meeting.

The Meeting will reconvene at 10:00 a.m. (Toronto time) on January 23, 2018, and the deadline to deliver proxies has been extended to 10:00 a.m. (Toronto time) on January 19, 2018, being forty-eight (48) hours (excluding Saturdays, Sundays and statutory holidays in the City of Toronto, Ontario) prior to the time set to reconvene the Meeting.

About Quantum International Income Corp.

The Corporation seeks opportunities to acquire and grow businesses in order to generate stable distributions for its shareholders, along with capital appreciation. The Corporation seeks to acquire operating businesses with a proven track record, an opportunity for growth and whose management wishes to continue to operate the business going forward. The Corporation’s investment approach is to grow through the acquisition of “platform” businesses that are consistent with its business strategy and acquisition criteria and then to continue to build revenues and earnings within these businesses. Potential acquisition targets may be private or public companies in a variety of industries. Acquisition of all or a majority of the ownership of each such business is preferred. Value will be created by seeking out high growth, high margin opportunities where the acquired businesses can maintain and develop the deep knowledge, expertise and understanding of their customers’ needs required to deliver superior service and command higher pricing and margins than the competition.

For more information about Quantum is available online at www.quantumincomecorp.com.

For further information please contact Quantum:

Hassan Ijaz

Controller

Tel. (416) 477-3419

hassan@quantumincomecorp.com

Stephanie Lippa

Office Manager

Tel. (416) 477-3411

stephanie@quantumincomecorp.com

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 news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain forward-looking statements or “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking statements“). Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

All forward-looking statements reflect the Corporation’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Corporation’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Corporation believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the following: the ability to grow the business and generate stable distributions for shareholders, the availability of high growth, high margin opportunities, and the execution of the Corporation’s business strategy.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the availability of opportunities to consolidate additional assets in the Georgia gaming market, the availability of investment opportunities on terms acceptable to the Corporation, the regulatory regime in the State of Georgia, the licensing regime governing the Georgia State Lottery, the exchange rate between the U.S. dollar and Canadian dollar, and other internal and external factors disclosed in the most recent annual information form of the Corporation and other documents publicly filed by the Corporation. Although Quantum has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.

To view this press release as a PDF file, click onto the following link:

Maximum News Dissemination by FSCwire. https://www.fscwire.com

Copyright © 2018 FSCwire