Newlook Files First Quarter 2010 Financial Statements
August 16 2010 - 10:24AM
Marketwired
Newlook Industries Corp. ("Newlook" or the "Company") (TSX VENTURE:
NLI) is pleased to announce that it has released its unaudited
consolidated financial statements for the three months ended March
31, 2010, along with associated management discussion and analysis
and officer certifications (the "Interim Filings").
The TSX Venture Exchange ("TSXV") suspended trading in the
Company's securities on July 2, 2010 as a result of a Cease Trade
Order ("CTO") issued by the Ontario Securities Commission. The CTO
was caused by the delay in the Company's Annual and Interim
Filings.
With the release of the Interim Filings, Newlook may now begin
the process to reinstate trading. This will occur when the CTO is
revoked and the TSXV has concluded its reinstatement review to
ensure the Company has satisfactorily complied with all TSXV
requirements.
Newlook Industries Corp., headquartered in King City, Ontario is
a publicly traded company listed on the TSX Venture Exchange. For
more information please call (905) 833-3072 or refer to
www.sedar.com.
The management of the company, who take full responsibility for
its content, prepared this press release. Neither 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. This
press release contains forward-looking statements relating to
future events and results that are based on Newlook's current
expectations. These statements involve risks and uncertainties
including, without limitation, Newlook's ability to successfully
develop and market its products, consumer acceptance of such
products, competitive pressures relating to price reductions, new
product introductions by third parties, technological innovations,
and overall market conditions. Consequently, actual events and
results in future periods may differ materially from those
currently expected.
Contacts: Newlook Industries Corp. John G. Simmonds Chief
Executive Officer (905) 833-3072 x223
Newlook Industries Corp (TSXV:NLI)
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