1348515 B.c. Ltd. Announces the Filing of Amended and Restated Financial Statements and Md&a FOR Q3
News Release
For immediate release
1348515 B.C. LTD. ANNOUNCES THE FILING OF AMENDED AND RESTATED
FINANCIAL STATEMENTS AND MD&A FOR Q3
British Columbia, Vancouver, Canada, December 27, 2023 – 1348515 B.C. Ltd. (the “Company”)
announces that it has filed amended and restated interim financial statements for the nine months ended
September 30, 2023 (the “Amended Statements”) and related amended and restated management’s
discussion and analysis (“Amended MD&A”). The Amended Statements were required to correct material
omissions identified during a review by the Company’s accountants.
The Amended Statements have been restated to disclose the following:
- A restatement of the Company’s statements of financial position as at September 30, 2023,
statement of cash flow and statement of changes in equity for the period ended September 30,
2023.
- The restatement reflects a change in accounting for the subscription receipts for the period ended
September 30, 2023.
The details of the changes are fully described in Note 9 to the Amended and Restated Unaudited
Condensed Consolidated Interim Financial Statements as filed on SEDAR+ on November 29, 2023.
About 1348515 B.C. Ltd.
1348515 B.C. Ltd. is a reporting issuer in the provinces of British Columbia and Alberta with no current
activities or operations. 1348515 B.C. Ltd. is engaged in identifying and evaluating suitable assets or
businesses to acquire or merge with, with a view to maximizing value for shareholders.
1348515 B.C. Ltd. on Behalf of the Board of Directors
TJ Finch, Chief Executive Officer, Chief Financial Officer & Director
Contact Information
TJ Finch
Chief Executive Officer, Chief Financial Officer & Director
Telephone: (647) 738-8063
Email: [email protected]
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of the applicable Canadian
securities legislation that is based on expectations, estimates, projections and interpretations as at the
date of this news release. The information in this news release about the proposed transaction; and any
other information herein that is not a historical fact may be “forward-looking information”. Any statement
that involves discussions with respect to predictions, expectations, interpretations, belie fs, plans,
projections, objectives, assumptions, future events or performance (often but not always using phrases
such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates”
or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends”
or variations of such words and phrases or stating that certain actions, events or results “may” or “could”,
“would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may
be forward- looking information and are intended to identify forward-looking information. This forward-
looking information is based on reasonable assumptions and estimates of management of Northern
Superior and BCCo, at the time it was made, involves known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the companies to be
materially different from any future results, performance or achievements expressed or implied by such
forward-looking information. Such factors include, among others, risks relating to the ability of the parties
to execute the proposed transaction. Although the forward-looking information contained in this news
release is based upon what management believes, or believed at the time, to be reasonable assumptions,
the parties cannot assure shareholders and prospective purchasers of securities that actual results will be
consistent with such forward-looking information, as there may be other factors that cause results not to
be as anticipated, estimated or intended, and neither party nor any other person assumes responsibility
for the accuracy and completeness of any such forward-looking information. Neither party undertakes,
and assumes no obligation, to update or revise any such forward-looking statements or forward-looking
information contained herein to reflect new events or circumstances, except as may be required by law.