Liquid Media Group Provides Filing Update
VANCOUVER, British Columbia, April 13, 2020 – Liquid Media Group Ltd. (NASDAQ: YVR) (“Liquid” or the “Company”) today provides an update on the timing of its regulatory filings. Recently the Canadian Securities Administrators granted blanket relief (the “Blanket Relief”) for all reporting issuers, providing up to a 45-day extension for periodic filings normally required to be made on or before June 1, 2020.
In accordance with the Blanket Relief, the Company will be delaying the filing of its interim financial statements for the quarter ended February 29, 2020, its management’s discussion and analysis for the corresponding period, and the related management certifications of interim filings (collectively, the “Filings”). The Company expects to be able to complete the Filings on or before May 15, 2020 and confirms there have been no material business developments since the release of its annual results on February 28, 2020 other than as otherwise disclosed in Liquid’s continuous disclosure filings available at www.sedar.com. The Company’s insiders and management remain restricted from trading in the Company’s securities until the Filings have been completed.
About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an entertainment company with a strong portfolio of content intellectual property (IP) spanning creative industries. Originating in Vancouver’s media and entertainment supercluster, Liquid’s mission is to empower storytellers worldwide to develop, produce and distribute content across channels and platforms.
Liquid Media’s leadership team includes Chairman Joshua Jackson (actor / producer, television and film), Chief Financial Officer Daniel Cruz (previously of Canaccord Financial), Managing Director Charlie Brezer (serial entrepreneur), Director Stephen Jackson (Northland Properties), Board Member Nancy Basi (VP of VRARA Vancouver - Virtual / Augmented Reality Association) and Advisors Wilson J. Tang (acclaimed digital entertainment veteran) and Andrew Kaplan (capital markets strategist). Each brings decades of industry expertise and significant passion to advance the Company’s mission.
Additional information is available at www.LiquidMediaGroup.co.
Liquid Media Group Ltd.
+1 (416) 489-0092
Media & Analyst Relations Manager
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+1 (416) 489-0092 x 226
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information or forward-looking statements (collectively, “forward-looking statements”). These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking statements and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking statements relating to the completion of the Filings. Although the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company can give no assurance that they will prove to be correct. By their nature, such forward-looking statements are subject to various risks and uncertainties, which could cause actual results to differ materially from the anticipated results or expectations expressed herein. These risks and uncertainties, include, but are not limited to the status of ongoing restrictions on business related to the COVID-19 pandemic, general economic conditions, industry conditions, access to capital markets, volatility of commodity prices, market forces, competition from other industry participants and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release or otherwise. Except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise. The forwardlooking statements contained in this document are expressly qualified by this cautionary statement. No securities exchange of securities regulatory authority has reviewed or approved the contents of this press release.