Amcomri Announces Revocation Of MCTO And Update On Q1 Filings


(MENAFN- GlobeNewsWire - Nasdaq) VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) -- Amcomri Entertainment Inc. (“ Amcomri ” or the“ Company ”) (Cboe CA: AMEN) (Frankfurt: 25YO) (OTC: AMNNF) is pleased to announce, further to its news releases dated April 3, 2024, April 17, 2024, May 1, 2024, May 15, 2024, May 29, 2024 and June 6, 2024, that the management cease trade order (“ MCTO ”) dated April 3, 2024 issued by the Company's principal regulator, the British Columbia Securities Commission, has been revoked and is no longer in effect, effective as of June 12, 2024. The Company previously filed on June 4, 2024 its consolidated audited annual financial statements, management's discussion & analysis, related officer certifications and annual information form for the year ended December 31, 2023.

Further to its news releases dated May 15, 2024, May 29, 2024 and June 6, 2024, the Company now expects to file its unaudited interim financial statements, management's discussion & analysis and related officer certificates for the three months ended March 31, 2024 (the“ Interim Filings ”) on or around June 21, 2024. The Company previously announced that it expected to file the Interim Filings on or around June 10, 2024.

About Amcomri Entertainment Inc.

Amcomri Entertainment Inc. (Cboe CA: AMEN) (Frankfurt: 25Y0) provides global distribution capabilities for independent movie, documentary and TV series producers as well as for its own in-house productions. With decades of experience across all key media platforms, Amcomri is rapidly becoming the go-to team for independent producers seeking the broadest possible audience for their productions. The Amcomri Entertainment Inc. group of companies includes 101 Films, 101 Films International, Hollywood Classics International, Amcomri Productions, Appreciated Media Global, Amcomri Productions and Abacus Media Rights.

For further information about Amcomri, see its disclosure documents on SEDAR+ at or visit the Company's website at .

For more information please contact:
Larry Howard
Amcomri, Chief Financial Officer
Email: ...
Phone: +353-87-686-8255
Pierre Boucher
MBC Capital Markets Advisors
Email: ...
Phone: 1-514-731-0000

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION:

This news release includes“forward-looking information” and“forward-looking statements” as such terms are defined under applicable Canadian securities legislation. Forward‐looking information and statements include disclosure regarding possible events that are based on assumptions about future economic conditions and courses of action, and, in certain cases, can be identified by the use of words such as“potential”,“propose”,“aim”,“depend”,“seeks”,“plans”,“expects”,“is expected”,“intends”,“anticipates”, or“believes”, or variations of such words and phrases or statements that certain actions, events or results“may”,“can”,“could”,“should”,“shall”,“would”,“might” or“will”, or the negative forms of any of these words and other similar expressions. Forward-looking statements in this news release include statements related to the anticipated delay in, and expected timing of, the completion and filing of the Interim Filings (and any related action by regulatory authorities, including the Company's stock exchange) and any other outcomes, results or consequences resulting therefrom. Forward‐looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward‐looking information. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets and matters concerning the filing of the Interim Filings and actions taken by any third-party in connection therewith. Actual results and future events could differ materially from those anticipated in such forward looking information. Accordingly, readers should not place undue reliance on forward‐looking information. All forward-looking information in this news release is made as of the date hereof and qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at . The Company disclaims any intention or obligation to update or revise such forward‐looking information, whether as a result of new information, future events or otherwise, except as required by law.

Investors are cautioned that, trading in the securities of the Company should be considered highly speculative. For a more detailed discussion of such risks and uncertainties, please see the section entitled“Risk Factors” in the Company's annual information form dated June 2, 2024 and available under the Company's profile on SEDAR+ at

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