Peace Arch(R) Entertainment Annual Financial Statements
28 Novembro 2008 - 1:15PM
Marketwired
Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE)
announces that it will be late in filing its annual financial
statements for the year ended August 31, 2008. The annual financial
statements are required to be filed no later than December 1, 2008.
The late filing of the financial statements is a result of a
requirement of the Company to audit certain production companies
which will now have to be consolidated with the Company's financial
results and may also require a restatement of previously released
financial results. The Company has contacted the Ontario Securities
Commission regarding the issue and the appropriate course of action
to complete the audit. A further update will follow.
About Peace Arch Entertainment Group Inc.
Peace Arch Entertainment produces and acquires feature films,
television and home entertainment content for distribution to
worldwide markets. Peace Arch owns one of the largest libraries of
top quality independent feature films in the world, featuring more
than 1,000 classic and contemporary titles. For additional
information, please visit www.peacearch.com.
Forward-Looking Statements
This press release includes statements that may constitute
forward-looking statements, usually containing the words "believe,"
"estimate," "project," "expect," or similar expressions. These
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements inherently involve risks and uncertainties that could
cause actual results to differ materially from the forward-looking
statements. These risks include, but are not limited to, that the
synergies and financial impact of the joint venture may not be
realized, the competitive position of the joint venture may not be
maintained, Peace Arch may not realize the anticipated benefits of
the joint venture and other risks detailed on Peace Arch's periodic
report filings with the Securities and Exchange Commission. There
can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from
those anticipated in such statements. By making these
forward-looking statements, Peace Arch undertakes no obligation to
update these statements for revisions or changes after the date of
this release.
Distributed by Filing Services Canada and retransmitted by
Marketwire
Paul Nichols The Lippin Group Email Contact 323.965.1990 Jim
Benson The Lippin Group Email Contact 323.965.0992
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