AZTECH INNOVATIONS INC. ANNOUNCES RESIGNATIONS FROM THE BOARD AND DEFAULT IN FILING FINANCIAL STATEMENTS
April 27 2011 - 3:51PM
PR Newswire (Canada)
KINGSTON, ON, April 27 /CNW/ -- KINGSTON, ON, April 27 /CNW/ -
Aztech Innovations Inc. (TSX-V: AZI.V) ("Aztech"), announced today
that Darrell Elliott, Hugh Notman, Spiros Pantziros and Jim Roche
have resigned from the board of directors effective immediately.
Aztech has further announced that due to current financial
constraints Aztech will be late filing its audited financial
statements and MD&A for the year ended December 31, 2010.
Aztech is currently reviewing its restructuring options. In
consequence of the failure to meet applicable listing requirements
trading has been halted by the TSX Venture Exchange. ON BEHALF OF
AZTECH Per: "Geoffrey Salter" Geoffrey Salter, President and CEO
613-384-9400 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 Aztech's
products, the availability of funding, and the anticipated costs of
construction and operation. These forward-looking statements are
made as of the date hereof and Aztech does not assume any
obligation to update or revise them to reflect new events or
circumstances, except as required by law. Actual events or results
could differ materially from the expectations and projections.
NEITHER THE TSX VENTURE EXCHANGE NOT ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES FO THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/April2011/27/c7369.html
p Geoffrey Salter, President and CEObr/ 613-384-9400 /p
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