HAMILTON, Ontario, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a rapidly growing global healthcare technology company that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that there will be a brief delay by the Company in the filing of its annual audited consolidated financial statements (“Financial Statements”) and management’s discussion and analysis (“MD&A”) for the fiscal year ended June 30, 2022, and related officer certifications (collectively the “Required Documents”). The Company’s Board of Directors and management confirm that they and the Company’s auditors are working diligently to complete the final steps in the audit process and minimize the filing delay as much as possible. The Company confirms that there is no other material information concerning the affairs of the Company that has not been publicly disclosed.

As a result of this delay the Company is postponing the shareholder update webinar originally planned for 6:30am PDT / 9:30am EDT today and will reschedule as soon as the Required Documents are filed.

“The Company’s business has evolved and grown considerably since our FY 2021 audit, and as a result the audit process has been more complex and time-consuming than either Reliq or our auditors had originally anticipated,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “As a result, we are still working on completing the final steps in the audit process but expect to file the Required Documents very shortly. We thank our shareholders for their patience and look forward to reviewing the audited financials and providing a corporate update via webinar as soon as the audit is completed, and the financials are filed.”