Flow Capital Redeems Priority Return Fund II and Notice of Q2 2023 Financial Results Conference Call
TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) — 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 Baluta
Chief Executive Officer
alex@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.
