REGINA,
SK, Oct. 2, 2024 /CNW/ - SSC Security Services
Corp. ("SSC" or the "Company") (TSXV: SECU) (OTCQX:
SECUF) is pleased to announce that effective October 1, 2024, it has completed a horizontal
short-form amalgamation of its wholly owned operating subsidiaries,
Logixx Security Inc. and SRG Security Resource Group Inc. pursuant
to the Canada Business Corporations Act. Pursuant to the
amalgamation, the resulting amalgamated company has adopted the
name "Logixx Security Inc." SSC undertook the amalgamation to
simplify the corporate structure of SSC and to reduce
administrative costs. The amalgamation will not have any
significant effect on the business and operations of SCC or its
subsidiaries.
"We are excited to announce the amalgamation of Logixx and SRG,"
said Chairman and CEO Doug
Emsley. "This amalgamation will streamline our
activities under a single corporate entity and help to reduce
corporate and operational expenses as we move forward."
ABOUT SSC
SSC Security Services Corp. is a national provider of cyber,
physical and electronic security services to corporate and public
sector clients across Canada. For more information, please
visit www.securityservicescorp.ca.
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.
Forward Looking Statements
This release includes forward-looking statements regarding
SSC and its business. Such statements are based on the current
expectations and views of future events of SSC's management. In
some cases the forward-looking statements can be identified by
words or phrases such as "may", "will", "expect", "plan",
"anticipate", "intend", "potential", "estimate", "believe" or the
negative of these terms, or other similar expressions intended to
identify forward-looking statements. The forward-looking events and
circumstances discussed in this release may not occur and could
differ materially as a result of known and unknown risk factors and
uncertainties affecting SSC, including risks regarding the security
industry, the agricultural industry, economic factors and the
equity markets generally and many other factors beyond the control
of SSC. No forward-looking statement can be guaranteed.
Forward-looking statements and information by their nature are
based on assumptions and involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or industry results, to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statement or
information. Accordingly, readers should not place undue reliance
on any forward-looking statements or information. Except as
required by applicable securities laws, forward-looking statements
speak only as of the date on which they are made and SSC undertakes
no obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events,
or otherwise.
SOURCE SSC Security Services Corp.