SEPROTECH SYSTEMS INCORPORATED - Notice of Change Of Auditor
OTTAWA, Oct. 29 /CNW/ - Seprotech Systems Incorporated (TSX-V: SET; "Seprotech" or "the Company") announces that Deloitte LLP, Chartered Accountants, (the "Former Auditor") was replaced as the Company's auditor as of October 14, 2010. The Board of Directors of the Company has appointed Raymond Chabot Grant Thornton, Chartered Accountants (the "Successor Auditor"), as the Company's auditor in the place and stead of the Former Auditor.
The Company confirms that there were no reservations in the Former Auditor's reports in connection with the financial statements of the Company for the fiscal year ended August 31, 2009.
The Company further confirms that there have been no reportable events (as defined in National Instrument 51-102) and, in its opinion, there are no reportable events pending.
The appointment of the Successor Auditor was approved by the Board of Directors of the Company.
Seprotech is a provider of pre-engineered water and wastewater treatment plants to the land development, resource sector and military market place, including CrystalBlue™ membrane-based water recycling systems and the ROTORDISK® wastewater treatment systems.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
For further information:
Mr. Matthew Anderson Investor Relations
Tel: (613) 523-1641
Fax: (613) 731-0851
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