Accord Announces Second Quarter Financial Results


This news release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the financial position of the Company and the ability of the Company to repay or refinance its outstanding debt obligations. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties including the Company’s overall liquidity and capital resource position and its ability to repay its debt obligations when due and those risks identified in the Accord’s periodic filings with Canadian securities regulators. If any or all of the Company’s outstanding debt obligations are not renewed or replaced upon expiration of their terms, and if the Company is unsuccessful in its ability to generate additional capital from sales of portfolio assets and/or business units and additional alternative financing arrangements to repay same on terms acceptable to the Company, or at all, the Company may not be able to continue to finance its operations and operate as a going concern. See Accord’s most recent annual information form and most recent management’s discussion and analysis of results of operations and financial condition for a detailed discussion of the risk factors affecting Accord. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.



Source link

  • Related Posts

    5 people killed in rural Michigan; suspect found dead

    Five people were found dead in rural northern Michigan on Friday, state police said. A suspected gunman was also found deceased, Michigan State Police said in a statement. Troopers responding…

    Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings

    Article content PEMBROKE, Bermuda — Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) today provided an update on the next scheduled dates in connection…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Power production is expected to rise under new Churchill Falls deal — and Labrador west needs it, mayor says

    Power production is expected to rise under new Churchill Falls deal — and Labrador west needs it, mayor says

    5 people killed in rural Michigan; suspect found dead

    5 people killed in rural Michigan; suspect found dead

    Clarity Systems Secures $4.4 Million

    Clarity Systems Secures $4.4 Million

    Trump dismisses concerns about USS Abraham Lincoln, saying its record-breaking 250 days at sea ‘not nearly enough’ – live | US news

    Trump dismisses concerns about USS Abraham Lincoln, saying its record-breaking 250 days at sea ‘not nearly enough’ – live | US news

    No major breakthrough in Canada-U.S. trade talks: source

    No major breakthrough in Canada-U.S. trade talks: source

    Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings