Nightingale Announces Revocation of Cease Trade Order
Trading to Resume on August 19, 2016
MARKHAM, ON, Aug. 18, 2016 /CNW/ - Nightingale Informatix Corporation ("Nightingale" or the "Company") (TSX-V: NGH) today announced that the cease trade order issued by the Ontario Securities Commission dated August 5, 2016, has been revoked. The Company filed its audited annual consolidated financial statements as at and for the years ended March 31, 2016 and 2015, related management discussion and analysis and applicable officer certifications on August 12, 2016. The materials can be found at the Company's profile on www.sedar.com. The Company applied for, and the Ontario Securities Commission has granted the revocation of the cease trade order, effective the close of business on August 16, 2016. Trading of the common shares of the Company on the TSX Venture Exchange will be reinstated as at opening on Friday, August 19, 2016.
The Company also confirms that Ray Payette, its former Chief Technology Officer, has left the Company, effective in December 2015.
Forward Looking Statements:
This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Specifically, and without limitation, this press release contains forward-looking statements and information relating to the reinstatement of trading of the common shares of the Company on the TSX Venture Exchange. Generally, forward-looking statements can be identified by the use of forward- looking terminology such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may" ,"could", "would", "might", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the risks associated with: obtaining the required approvals related to the completion of the Company's pending transactions; the ability of the Company to update securities regulators and the effect on the ability to trade in the securities of the Company, and the ability of Nightingale to successfully develop and market its V10 platform. All material assumptions used in making forward-looking statements are based on management's knowledge at the time such statements are made and are subject to change.
Although Nightingale has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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. Nightingale does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Further information on Nightingale Informatix Corporation is available at www.sedar.com.
Neither the 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.
SOURCE Nightingale Informatix Corporation
David Toews, CFO, Nightingale Informatix Corporation, Tel: 905-943-2600, [email protected]; Sam Chebib, CEO, Nightingale Informatix Corporation, Tel: 905-943-2611, [email protected]
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