ZoomerMedia Limited Announces Change of Fiscal Year End
June 12 2014 - 3:15PM
Marketwired
ZoomerMedia Limited Announces Change of Fiscal Year End
TORONTO, ONTARIO--(Marketwired - Jun 12, 2014) - ZoomerMedia
Limited (the "Company" or "ZoomerMedia") (TSX-VENTURE:ZUM)
announces a change in its fiscal year end from June 30th to August
31st with effect for the fiscal year ending August 31, 2014. The
change in fiscal year end aligns the Company with its reporting
obligations to the Canadian Radio-television and Telecommunications
Commission ("CRTC") for its television and radio assets. The
Company's annual financial reporting disclosures for the fourteen
months ended August 31, 2014 will be due by December 29, 2014.
About ZoomerMedia
Limited
ZoomerMedia is a
multimedia company that serves the 45plus "Zoomer" demographic
through television, radio, magazine, internet and trade shows.
ZoomerMedia's television properties include; Vision TV, Canada's
only multi-faith specialty television service; ONE: Body Mind
Spirit Love, offering programs on exercise, meditation, yoga,
natural health and living a planet-friendly lifestyle; JoyTV in
Vancouver, Victoria, Surrey and the Fraser Valley, and the newly
rebranded HOPETV (formerly JoyTV11), a lifestyle television service
out of Winnipeg devoted to broadcasting Christian and local
programming and is available in approximately 6 million Canadian
homes. ZoomerMedia's radio properties include CFMZ-FM Toronto - The
New Classical 96.3FM, CFMX-FM Cobourg - The New Classical 103.1FM,
Canada's only commercial classical music radio stations serving the
Greater Toronto Area (GTA) and eastern Ontario, and CFZM-AM 740
Toronto - The New AM740 Zoomer Radio, the last music service left
on the AM dial in the GTA. ZoomerMedia also publishes Zoomer
Magazine, the largest paid circulation magazine in Canada for the
mature market. ZoomerMedia is Canada's leading provider of online
content targeting the 45plus age group through many properties, the
key one being www.EverythingZoomer.com. ZoomerMedia also has a
trade show division that conducts the "Zoomer Show", consumer shows
directed to the 45plus age group and ideaCity, an annual Canadian
conference also known as 'Canada's Premiere Meeting of the
Minds'.
Cautionary note on
forward-looking statements
The TSX Venture
Exchange has not reviewed this press release and neither approved
nor disapproved the information contained in this press release.
The statements made in this press release include forward-looking
statements that involve a number of risks and uncertainties. These
statements relate to future events or future performance and
reflect management's current expectations and assumptions. A number
of factors could cause actual events, performance or results to
differ materially from the events, performance and results
discussed in the forward-looking statements, such as the economy,
generally, the demand for ZoomerMedia's products and services and
the availability of funding. These forward-looking statements are
made as of the date hereof and ZoomerMedia does not assume any
obligation to update or revise them to reflect new events or
circumstances. Actual events or results could differ materially
from ZoomerMedia's expectations and projections.
Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
ZoomerMedia LimitedGeorge KempffVice President & Chief
Financial Officer(416) 607-7735g.kempff@zoomermedia.ca
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