Flow Capital Redeems Priority Return Fund II and Notice of Q2 2023 Financial Results Conference Call
18 August 2023 - 9:15PM
Flow Capital Corp. (
TSXV:FW) (“
Flow
Capital” or the “
Company”), a leading
provider of flexible growth capital and alternative debt solutions,
announces that it has redeemed all outstanding units in Flow
Priority Return Fund II LP (the “PRF II”).
Flow Capital has bought out the royalty
agreement it entered into with PRF II in September 2020, and the
partnership has been wound-up. Consequently, all the investment
assets previously securitised to the PRF II remain with Flow
Capital.
Flow Capital also announces that it will release
its Q2 2023 financial results after the markets close on Monday
August 28, 2023. Mr. Alex Baluta, Chief Executive Officer, and Mr.
Gaurav Singh, Chief Financial Officer, will host a conference call
at 9:00 a.m. ET, on Tuesday August 29, 2023, to review the results.
A question and answer session will follow the corporate update.
CONFERENCE CALL DETAILS
DATE: Tuesday August
29, 2023
TIME: 9:00 AM
Eastern Time
DIAL IN
NUMBER: 1-888-396-8049
or 416-764-8646
TAPED
REPLAY: 1-877-674-7070
or 416-764-8692 (PASSCODE 734095 #)
CONFERENCE
ID: 62734095
A recording of the call will be archived on the
Company’s website at www.flowcap.com/financials/.
About
Flow Capital
Flow Capital Corp. is a diversified alternative
asset investor and advisor, specializing in providing minimally
dilutive capital to emerging growth businesses. For more
information on Flow Capital, please visit
www.flowcap.com.
For further information, please contact:
Flow Capital Corp.Alex BalutaChief Executive
Officeralex@flowcap.com
1 Adelaide Street East, Suite 3002,PO Box 171,Toronto, Ontario
M5C 2V9
Forward-Looking Information and
Statements
This press release contains certain
“forward-looking information” or "forward looking statements"
within the meaning of applicable securities legislation. Such
forward-looking information and forward-looking statements are not
representative of historical facts or information or current
condition, but instead represent only the Company’s beliefs
regarding future events, plans or objectives, many of which, by
their nature, are inherently uncertain and outside of the Company’s
control. Generally, such forward-looking information or
forward-looking statements can be identified by the use of
forward-looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or may contain
statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will be taken”, “will continue”, “will occur”
or “will be achieved”. The forward-looking information contained
herein includes information relating to the terms of the Debentures
and the proposed use of proceeds of the Loan.
The forward-looking information and
forward-looking statements contained in this press release are made
as of the date of this press release. All subsequent written and
oral forward- looking information and statements attributable to
the Company or persons acting on its behalf is expressly qualified
in its entirety by this notice. Readers should not place undue
reliance on forward-looking information contained in 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.
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