Newlook Files Second Quarter 2010 Financial Statements
27 August 2010 - 8:10PM
Marketwired
Newlook Industries Corp. ("Newlook" or the "Company") (TSX VENTURE:
NLI) is pleased to announce that it has released its unaudited
consolidated financial statements for the three months ended June
30, 2010, along with associated management discussion and analysis
and officer certifications (the "Interim Filings").
Trading in the Company's securities was suspended by the TSX
Venture Exchange ("TSXV") on July 2, 2010 as a result of a cease
trade order ("CTO") issued by the Ontario Securities Commission
("OSC"). The CTO had been imposed due to the late filing of the
Company's financial statements for the year ended December 31,
2009, the interim financial statements for the period ended March
31, 2010, and associated management discussion and analysis.
As the Company has filed all the above-noted materials, an
application to the OSC for a full revocation of the CTO has
recently been filed. Upon revocation of the CTO, the Company will
initiate the reinstatement review process with the TSXV in order to
commence trading of its shares.
Newlook Industries Corp., headquartered in King City, Ontario is
a publicly traded company listed on the TSX Venture Exchange. For
more information please call (905) 833-3072 or refer to
www.sedar.com.
The management of the company, who take full responsibility for
its content, prepared this press release. This press release
contains forward-looking statements relating to future events and
results that are based on Newlook's current expectations. These
statements involve risks and uncertainties including, without
limitation, Newlook's ability to successfully develop and market
its products, consumer acceptance of such products, competitive
pressures relating to price reductions, new product introductions
by third parties, technological innovations, and overall market
conditions. Consequently, actual events and results in future
periods may differ materially from those currently expected.
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 release.
Contacts: Newlook Industries Corp. John G. Simmonds Chief
Executive Officer (905) 833-3072 x223
Newlook Industries Corp (TSXV:NLI)
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