Auralite Investments Inc. Amends Investment Policy
April 25 2019 - 8:30AM
Auralite Investments Inc. (TSX-V: AAAA) (the
"
Company" or "
Auralite") is
pleased to announce the Company has amended its investment policy
to broaden and diversify the eligible industries of its investment
targets. The Company’s amended investment policy now permits
Auralite to explore strategic investments within the following
sectors:
- Real estate;
- Cannabis; and,
- Mining and Exploration.
The Company’s former investment policy was
focused solely on the high-tech sector.
Robert Meister, Chief Executive Officer and a
Director of Auralite stated: “The amendment to Auralite’s
investment policy equips the Company with the optionality to
explore alpha generating investments in a variety of sectors.
Auralite will look to formally assemble dedicated investment
committees to evaluate potential investments within the real
estate, cannabis and mining verticals.”
The amended investment policy is available under
the Company's profile on SEDAR at www.SEDAR.com.
About Auralite
Auralite is an Investment Issuer with interests
in Singapore based EVVO Labs Pte. Ltd. and in convertible
debentures of South Korea based Fourth-Link, Inc.
For further information please
contact:
Robert MeisterChief Executive Officer,
President, Corporate Secretary and Director Auralite Investments
Inc. Telephone: 604-351-6647Email: info@auraliteinvestments.com
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 news release.
This news release contains forward-looking
statements including statements regarding the Company's investment
focus as well other statements that are not historical facts.
Readers are cautioned not to place undue reliance on
forward-looking statements, as there can be no assurance that the
plans, intentions or expectations upon which they are based will
occur. By their nature, forward-looking statements involve numerous
assumptions, known and unknown risks and uncertainties, both
general and specific, that contribute to the possibility that the
predictions, forecasts, projections and other forward-looking
statements will not occur, which may cause actual performance and
results in future periods to differ materially from any estimates
or projections of future performance or results expressed or
implied by such forward-looking statements. These assumptions,
risks and uncertainties include, among other things, the state of
the economy in general and capital markets in particular, investor
interest in the business and future prospects of the Company.
The forward-looking statements contained in this
news release are made as of the date of this news release. Except
as required by law, the Company disclaims any intention and assumes
no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable securities law. Additionally, the
Company undertakes no obligation to comment on the expectations of,
or statements made, by third parties in respect of the matters
discussed above.
Auralite Investments (TSXV:AAAA)
Historical Stock Chart
From Nov 2024 to Dec 2024
Auralite Investments (TSXV:AAAA)
Historical Stock Chart
From Dec 2023 to Dec 2024