Liquid Media Announces Adjournment of Special Meeting following Injunction
08 Maggio 2023 - 4:50PM
Liquid Media Group Ltd. (the “
Company”,
“
Liquid Media” or “
Liquid”)
(Nasdaq: YVR) is announcing that the Company will be further
adjourning the special meeting of shareholders previously scheduled
for May 5, 2023 (the “
Special Meeting”), to rather
be held on May 12, 2023 at 2:00pm PT at Suite 401, 750 West Pender
Street, Vancouver, BC V6C 2T7 Canada.
The former shareholders of the Company’s
subsidiary, Digital Cinema United (“DCU”), have
obtained an injunction in the Supreme Court of British Columbia
which has restrained the Company from proceeding with the Special
Meeting pending the outcome of a dispute in respect of milestone
shares issuable to the former DCU shareholders. The Company is
assessing available options to resolve the disagreement and
continue with the Special Meeting as proposed on May 12, 2023.
About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an
entertainment company empowering independent IP creators. Liquid’s
end-to-end solution enables professional video (film/TV and
streaming) creation, packaging, financing, delivery, and
monetization, empowering IP creators to take their professional
content from inception through the entire process to
monetization.
Additional information is available at
www.LiquidMediaGroup.co.
Further information:
Investor / BusinessJustin KulikCORE IR
justin@coreIR.com
Cautionary Note Regarding
Forward-Looking StatementsThis news release includes
statements containing certain "forward-looking information" within
the meaning of applicable securities law ("forward-looking
statements"). Forward-looking statements are typically identified
by words such as: "believe", "expect", "anticipate", "intend",
"estimate", "potentially" and similar expressions, or are those,
which, by their nature, refer to future events. Forward-looking
information in this news release includes, but is not limited to,
the proposed timing of the Special Meeting. These statements should
not be read as guarantees of future performance or results. Such
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements
to be materially different from those implied by such statements.
Such factors include, but are not limited to: developments related
to the COVID-19 pandemic, regulatory actions, market prices,
continued availability of capital and financing, and general
economic, market or business conditions, as well as additional
risks disclosed in the Company’s annual and quarterly financial
reports available at www.sedar.com. Investors are cautioned that
any such statements are not guarantees of future performance and
actual results or developments may differ materially from those
projected in the forward-looking statements. Forward-looking
statements are based on the beliefs, estimates and opinions of the
Company's management on the date the statements are made. The
Company is under no obligation, and expressly disclaims any
intention or obligation, to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as expressly required by applicable law.
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