VANCOUVER, British Columbia, April 25, 2019 (GLOBE NEWSWIRE) -- Auralite Investments Inc. (TSX-V: AAAA) (the "Company" or "Auralite") is pleased to announce the Company has amended its investment policy to broaden and diversify the eligible industries of its investment targets. The Company’s amended investment policy now permits Auralite to explore strategic investments within the following sectors:
- Real estate;
- Cannabis; and,
- Mining and Exploration.
The Company’s former investment policy was focused solely on the high-tech sector.
Robert Meister, Chief Executive Officer and a Director of Auralite stated: “The amendment to Auralite’s investment policy equips the Company with the optionality to explore alpha generating investments in a variety of sectors. Auralite will look to formally assemble dedicated investment committees to evaluate potential investments within the real estate, cannabis and mining verticals.”
The amended investment policy is available under the Company's profile on SEDAR at www.SEDAR.com.
About Auralite
Auralite is an Investment Issuer with interests in Singapore based EVVO Labs Pte. Ltd. and in convertible debentures of South Korea based Fourth-Link, Inc.
For further information please contact:
Robert Meister
Chief Executive Officer, President, Corporate Secretary and Director
Auralite Investments Inc.
Telephone: 604-351-6647
Email: info@auraliteinvestments.com
Neither the 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 news release.
This news release contains forward-looking statements including statements regarding the Company's investment focus as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and future prospects of the Company.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.