Correction in Press Release Called “BitRush Corp. Announces Update on Financial Statements”
Toronto, Ontario (FSCwire) - BitRush Corp.’s (“BitRush” or the “Company”) (CSE: BRH) press release issued on October 30, 2015 incorrectly states that the Company has sought and been granted a management cease trade order effective October 29, 2015. The release should read that the Company is in the process of making an application to the Ontario Securities Commission pursuant to National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203") requesting that a management cease trade order be imposed upon the directors, officers and other insiders of the Company until the Company has filed the new financial statements of MezzaCap GmbH (as detailed in the press release issued on October 30, 2015).
It is anticipated that the new financial statements of MezzaCap GmbH will be filed by no later than November 20, 2015. Once the Company produces and files the new financial statements of MezzaCap GmbH, they will supersede and enhance the reliability of the financial statements of MezzaCap GmbH which should be reviewed for historical purposes only until the new financial statements of MezzaCap GmbH are filed. The Company intends to satisfy the alternative information guidelines prescribed by NP 12-203 by issuing bi-weekly status reports in the form of news releases.
The press release issued on October 30, 2015 also incorrectly refers to a press release issued by the Company on October 29, 2015. The Company did not issue a press release on that date.
For further information, please contact Mr. Peter Lukesch, Chief Executive Officer of the Company at (416) 603 2114.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/bitrush11022015.pdfSource: BitRush Corp. (CSE:BRH)
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