TORONTO, March 27,
2023 /CNW/ - Bridgemarq Real Estate Services Inc.
("Bridgemarq" or the "Company") (TSX: BRE), a leading provider of
services to residential real estate brokers and their
REALTORS®, today filed its annual Management Information
Circular relating to the annual meeting of shareholders to be held
on May 11, 2023 as well as its Annual
Report for the year ended December 31,
2022 on SEDAR. The Company has previously filed its annual
financial statements for the year ended December 31, 2022, which will be presented to
shareholders at Bridgemarq's upcoming annual meeting of
shareholders.
Under Ontario securities laws,
the Company provides its annual meeting–related materials in
electronic form, which are available for download
at www.meetingdocuments.com/TSXT/BRE or on SEDAR
at www.sedar.com. Investors can also access these filings on
the Company's website at www.bridgemarq.com.
The Company's shareholders' meeting will be a virtual only, live
audio webcast held on May 11, 2023 at
10 a.m. eastern time. Shareholders of
record as at March 27, 2023 and their
proxyholders will be permitted to vote and ask questions during the
online event.
For more information on participation at the virtual only, live
audio webcast, please review the Company's meeting guide
(http://www.bridgemarq.com/meeting-guide) and the Management
Information Circular. For answers to frequently asked questions
regarding the virtual meeting platform, please
visit https://go.lumiglobal.com/faq.
FORWARD-LOOKING
STATEMENTS
This news release contains forward-looking information and other
"forward-looking statements". Words such as "will" and other
expressions that are predictions of or could indicate future events
and trends and that do not relate to historical matters identify
forward-looking statements. Reliance should not be placed on
forward-looking statements because they involve known and unknown
risks, uncertainties and other factors that may cause the actual
results, performance or achievements of the Company to differ
materially from anticipated future results, performance or
achievement expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially from those indicated in the forward-looking statements
include: any resurgence of COVID-19 (including any impact of
COVID-19 on the economy and the Company's business), changes in the
supply or demand of houses for sale in Canada or in any particular region within
Canada, changes in the selling
price for houses in Canada or any
particular region within Canada,
changes in the Company's cash flow, changes in the Company's
strategy with respect to and/or ability to pay dividends, changes
in the productivity of the Company's REALTORS® or the
commissions they charge their customers, changes in government
policy, laws or regulations which could reasonably affect the
housing markets in Canada or the
economy in general, changes to any products or services developed
or offered by the Company, consumer response to any changes in the
housing markets in Canada or any
changes in government policy, laws or regulations, changes in
general economic conditions (including interest rates, consumer
confidence and other general economic factors or indicators),
changes in global and regional economic growth, changes in the
demand for and prices of natural resources on local and
international markets, the level of residential real estate
transactions, competition from other real estate brokers or from
discount and/or Internet-based real estate alternatives, the
closing of existing real estate brokerage offices, other
developments in the residential real estate brokerage industry or
the Company that reduce the number of REALTORS® in the
Company's Network or revenue from the Company's Network, our
ability to maintain brand equity through the use of trademarks, the
methods used by shareholders or analysts to evaluate the value of
the Company and its publicly traded securities, changes in tax laws
or regulations, and other risks detailed in the Company's annual
information form, which is filed with securities commissions and
posted on SEDAR at www.sedar.com. Forward-looking information is
based on various material factors or assumptions, which are based
on information currently available to management. Material factors
or assumptions that were applied in drawing conclusions or making
estimates set out in the forward-looking statements include, but
are not limited to: anticipated economic conditions, anticipated
impact of government policies, anticipated financial performance,
anticipated market conditions, business prospects, the successful
execution of the Company's business strategies and recent
regulatory developments, including as the foregoing relate to
COVID-19. The factors underlying current expectations are dynamic
and subject to change. Although the forward-looking statements
contained in this press release are based upon what management
believes are reasonable assumptions, the Company cannot assure
readers that actual results will be consistent with these
forward-looking statements. The Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by law.
About Bridgemarq Real Estate
Services
Bridgemarq is a leading provider of services to residential real
estate brokers and a network of approximately 21,000
REALTORS®.1 We operate in Canada under the Royal LePage, Via Capitale
and Johnston & Daniel brands. For more information, go to
bridgemarq.com.
Bridgemarq is an affiliate of Brookfield Business Partners, a
business services and industrials company focused on owning and
operating high-quality businesses that benefit from barriers to
entry and/or low production costs. Brookfield Business Partners is
listed on the New York and
Toronto stock exchanges. Further
information is available at bbu.brookfield.com.
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1 The
trademarks REALTOR®, REALTORS® and the
REALTOR® logo are controlled by The Canadian Real Estate
Association (CREA) and identify real estate professionals who are
members of CREA.
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SOURCE Bridgemarq Real Estate Services Inc.