CapGain Properties Inc. Announces Change of Auditor
January 30 2014 - 1:38PM
Marketwired
CapGain Properties Inc. Announces Change of Auditor
LAKE IN THE HILLS, ILLINOIS--(Marketwired - Jan 30, 2014) -
CapGain Properties Inc. ("CapGain" or "Company") (TSX-VENTURE:CPP)
announces that it has changed its auditor. Smythe Ratcliffe LLP
("Former Auditor") has resigned effective January 3, 2014. The
Directors of the Company have appointed Calvista LLP ("Successor
Auditor") of Calgary, Alberta as auditor for the Company. The
change in auditor has been approved by CapGain's Audit Committee
and Board of Directors.
There were no reservations in the Former Auditor's reports in
connection with the two most recently-completed fiscal years or for
any period subsequent to the most recently-completed period for
which an audit report was issued and preceding the date of the
Former Auditor's resignation. There are no reportable events
between CapGain and the Former Auditor as defined in National
Instrument 51-102.
About CapGain
CapGain is an investment company that is focused on the
acquisition of income producing real property in select markets in
the United States. The Company's management and expertise within
the real estate and finance industries allow it to acquire
properties at significantly below market value.
Additional information on CapGain may be accessed through the
TMX website (www.tmx.com) and the SEDAR website (www.sedar.com)
under the profile for CapGain.
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (as that term is defined in the Policies of the TSX
Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of applicable legislation. All statements included in
this report and the documents that we incorporate by reference, are
forward-looking statements and can generally be identified by words
such as "will," "allow," "outlook," or the negative of these terms,
and other comparable terminology.
Various risks and other factors could cause actual results, and
actual events that occur, to differ materially from those
contemplated by the forward looking statements, such as whether
CapGain is able to meet price, performance, quality and delivery
requirements. Although CapGain believes that the expectations
represented by any forward-looking statements and forward-looking
information contained herein are reasonable based on the
information available to them on the date of this document,
management cannot assure investors that actual results, performance
or achievements will be consistent with these forward-looking
statements or forward-looking information. CapGain undertakes no
obligation to update the information in this press release to
reflect events or circumstances after the date hereof or to reflect
the occurrence of anticipated or unanticipated events.
CapGain Properties Inc.Brian KnightChief Executive Officer(847)
854-4213bknight@capgain.ca
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