TORONTO, May 23, 2017 /CNW/ - BrightPath Early Learning Inc.
("BrightPath" or the "Company") (TSX-V: BPE), the leading Canadian provider of quality early childhood education and care,
announced the cancellation of its first quarter conference call previously scheduled for Wednesday, May
24, 2017 at 10:00 am EDT (8:00 am MDT).
Earlier today, BrightPath announced that it had entered into a definitive agreement pursuant to which an affiliate of Busy
Bees Holdings Limited will acquire all of the issued and outstanding common shares of BrightPath.
The Company still intends to disclose its financial results after market close on Tuesday, May
23, 2017.
About BrightPath Early Learning Inc.
BrightPath Early Learning Inc. is a Canadian leader in child care and early education with 77 locations in major markets
across the country. Meeting the highest standards in curriculum, nutrition, technology and recreational programing,
BrightPath is committed to providing families with the very best child development programs and care Canada has to offer.
For more information, please visit www.BrightPathKids.com/corporate or contact Dale Kearns, President and CFO of
BrightPath Early Learning Inc. at (403) 705-0362 Ext. 406.
Forward-Looking Statements
Certain statements contained herein constitute forward-looking statements regarding the future growth, results of operations,
performance and opportunities of the Company. Forward-looking statements can generally be identified by the use of, but not
limited to, the following words: "plans", "expects" or "does not expect", "budget", "scheduled", "estimate", "forecast", "pro
forma", "anticipate" or "does not anticipate", "believe", "intend", "inferred", "potential" and similar expressions or statements
that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements are not historical facts, but reflect management's current expectations regarding future results or
events based on information currently available and what management believes to be reasonable assumptions. All forward-looking
statements are qualified by these cautionary statements.
Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or implied by such forward-looking statements. Factors that could
cause actual results or events to differ materially from those expressed, implied or projected include, but are not limited to,
general economic conditions, the Company's ability to meet and maintain forecasted occupancy levels, general government policies,
continued availability of government child care subsidies to parents, unexpected costs or liabilities related to acquisitions,
construction, environmental matters, legal matters, changes in interest rates, credit spreads and the availability of financing.
In addition, please refer to the Risks and Uncertainties section of the Company's annual Management's Discussion and Analysis. As
such, the Company gives no assurance that actual results will be consistent with these forward-looking statements.
Readers should not place undue reliance on any such forward-looking statements. These forward-looking statements are made as
of the date hereof. The Company undertakes no obligation to publicly update or revise any such statement, reflect new information
or reflect the occurrence of future events or circumstances, except as required by securities laws.
SOURCE BrightPath Early Learning Inc.
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