EDMONTON, Oct. 29, 2013 /CNW/ - The Cash Store Financial Services Inc.
("Cash Store Financial" or the "Company") (TSX:CSF) (NYSE:CSFS) today
announced that it will hold a conference call and webcast for
shareholders and institutional investors on November 5, 2013, at 9:30
a.m. MST to provide an operations update.
The conference call may be accessed by dialing toll-free 1-888-231-8191
and providing the conference ID#92540656. It will also be broadcast
live via the Internet at http://cnw.ca/r4HbX
A replay of the conference call will be available until November 11,
2013, by dialing toll-free 1-855-859-2056 and providing the conference
ID#92540656.
About Cash Store Financial
Cash Store Financial is the only lender and broker of short‐term
advances and provider of other financial services in Canada that is
listed on the Toronto Stock Exchange (TSX:CSF). Cash Store Financial
also trades on the New York Stock Exchange (NYSE:CSFS). Cash Store
Financial operates 512 branches across Canada under the banners "Cash
Store Financial" and "Instaloans". Cash Store Financial also operates
27 branches in the United Kingdom.
Cash Store Financial and Instaloans primarily act as lenders and brokers
to facilitate short-term advances and provide other financial services
to income-earning consumers who may not be able to obtain them from
traditional banks. Cash Store Financial also provides a private-label
debit card (the "Freedom" card) and a prepaid credit card (the "Freedom
MasterCard") as well as other financial services, including bank
accounts.
Cash Store Financial employs approximately 1,900 associates and is
headquartered in Edmonton, Alberta.
Cash Store Financial is a Canadian corporation that is not affiliated
with Cottonwood Financial Ltd. or the outlets Cottonwood Financial Ltd.
operates in the United States under the name "Cash Store". Cash Store
Financial does not do business under the name "Cash Store" in the
United States and does not own or provide any consumer lending services
in the United States.
Forward-Looking Information
This news release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation and
"forward-looking statements" within the meaning of United States
federal securities legislation, which we refer to herein, collectively,
as "forward-looking information". Generally, forward-looking
information can be identified by the use of forward-looking terminology
such as "estimates", "plans", "expects", or "does not expect", "is
expected", "budget", "scheduled", "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", or "will be taken", "occur", or "be
achieved". In particular, this news release contains forward-looking
information with respect to our goals and strategic priorities,
introduction of products, share repurchase initiatives, branch openings
and competition as well as initiatives to grow revenue or reduce
retention payments. Forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of Cash
Store Financial, to be materially different from those expressed or
implied by such forward-looking information, including, but not limited
to, changes in economic and political conditions, legislative or
regulatory developments, technological developments, third-party
arrangements, competition, litigation, risks associated with but not
limited to, market conditions, and other factors described under the
heading "Risk Factors" in our Annual MD&A, which is on file with
Canadian provincial securities regulatory authorities, and in our
Annual Report on Form 20-F/A filed with the U.S. Securities and
Exchange Commission. All material assumptions used in providing
forward-looking information are based on management's knowledge of
current business conditions and expectations of future business
conditions and trends, including our knowledge of the current credit,
interest rate and liquidity conditions affecting us and the general
economic conditions in Canada, the United Kingdom and elsewhere.
Although we believe the assumptions used to make such statements are
reasonable at this time and have attempted to identify in our
continuous disclosure documents important factors that could cause
actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. Certain
material factors or assumptions are applied by us in making
forward-looking information, including without limitation, factors and
assumptions regarding our continued ability to fund our payday loan
business, rates of customer defaults, relationships with, and payments
to, third party lenders, demand for our products, as well as our
operating cost structure and current consumer protection regulations.
There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially
from those anticipated in such information. Accordingly, readers should
not place undue reliance on forward-looking information. We do not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
SOURCE The Cash Store Financial Services Inc.