ARway Corporation Announces Change of Fiscal Year End
ARway (ARWYF) has announced a change in its fiscal year-end from August 31 to March 31. This modification aims to better align the company's financial statements and continuous disclosure requirements with its affiliates, streamlining reporting obligations. The company plans to file its annual disclosures in late July 2025, covering the seven-month period ending March 31, 2025. These disclosures will include audited financial statements in accordance with National Instrument 51-102.
Additional details regarding the fiscal year-end change and interim reporting procedures will be available in the Company's Notice of Change of Financial Year-End, which will be filed on SEDAR.
ARway (ARWYF) ha annunciato un cambiamento nella chiusura dell'esercizio fiscale, spostandola dal 31 agosto al 31 marzo. Questa modifica ha l'obiettivo di allineare meglio i bilanci finanziari della società e i requisiti di comunicazione continua con quelli delle sue affiliate, semplificando così gli obblighi di reporting. L'azienda prevede di inviare le sue comunicazioni annuali a fine luglio 2025, relative al periodo di sette mesi che termina il 31 marzo 2025. Queste comunicazioni includeranno i bilanci finanziari certificati in conformità con il National Instrument 51-102.
Ulteriori dettagli riguardanti il cambiamento della chiusura dell'esercizio fiscale e le procedure di reporting temporaneo saranno disponibili nella Notifica di Cambiamento della Chiusura dell'Esercizio Finanziario della Società, che sarà pubblicata su SEDAR.
ARway (ARWYF) ha anunciado un cambio en el cierre del año fiscal, trasladándolo del 31 de agosto al 31 de marzo. Esta modificación tiene como objetivo alinear mejor los estados financieros de la empresa y los requisitos de divulgación continua con los de sus afiliados, simplificando así las obligaciones de informes. La compañía planea presentar sus divulgaciones anuales a finales de julio de 2025, cubriendo el período de siete meses que finaliza el 31 de marzo de 2025. Estas divulgaciones incluirán estados financieros auditados de acuerdo con el National Instrument 51-102.
Detalles adicionales sobre el cambio en el cierre del año fiscal y los procedimientos de informes interinos estarán disponibles en el Aviso de Cambio de Cierre del Año Financiero de la Compañía, el cual será presentado en SEDAR.
ARway (ARWYF)는 회계 연도 종료일을 8월 31일에서 3월 31일로 변경한다고 발표했습니다. 이 수정은 회사의 재무 제무서와 연속적인 공시 요구 사항을 제휴사와 더 잘 맞추기 위한 것으로, 보고 의무를 간소화하는 데 목적이 있습니다. 회사는 2025년 7월 말에 2025년 3월 31일에 종료되는 7개월 동안의 연간 공시를 제출할 계획입니다. 이러한 공시는 국가 규정(National Instrument 51-102)에 따라 감사된 재무 제무서를 포함할 것입니다.
회계 연도 종료일 변경 및 중간 보고 절차에 대한 추가 세부정보는 SEDAR에 제출될 회사의 재무 연도 종료 변경 통지에서 확인할 수 있습니다.
ARway (ARWYF) a annoncé un changement de la date de clôture de son exercice fiscal, passant du 31 août au 31 mars. Cette modification vise à mieux aligner les états financiers de la société et les exigences de publication continue avec celles de ses affiliés, simplifiant ainsi les obligations de reporting. La société prévoit de soumettre ses divulgations annuelles à la fin de juillet 2025, couvrant la période de sept mois se terminant le 31 mars 2025. Ces divulgations incluront des états financiers audités conformément à l'Instrument National 51-102.
Des détails supplémentaires concernant le changement de date de clôture de l'exercice fiscal et les procédures de reporting intérimaire seront disponibles dans l'Avis de Changement de l'Exercice Financier de la Société, qui sera déposé sur SEDAR.
ARway (ARWYF) hat eine Änderung des Geschäftsjahresendes vom 31. August auf den 31. März angekündigt. Diese Modifikation zielt darauf ab, die Finanzberichte des Unternehmens und die Anforderungen an die fortlaufende Offenlegung besser mit denen seiner Partnerunternehmen in Einklang zu bringen und die Berichtspflichten zu straffen. Das Unternehmen plant, seine jährlichen Offenlegungen Ende Juli 2025 einzureichen, die den siebenmonatigen Zeitraum bis zum 31. März 2025 abdecken. Diese Offenlegungen werden geprüfte Finanzberichte gemäß National Instrument 51-102 enthalten.
Zusätzliche Informationen zu der Änderung des Geschäftsjahresendes und den Verfahren für vorläufige Berichte werden in der Mitteilung über die Änderung des Geschäftsjahresendes des Unternehmens verfügbar sein, die bei SEDAR eingereicht wird.
- Streamlined reporting alignment with affiliates potentially reducing administrative costs
- Enhanced reporting efficiency through consolidated timeline
- None.
TORONTO, ON / ACCESS Newswire / February 10, 2025 / Arway Corporation (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) ("Arway" or the "Company") today announces that it is changing its fiscal year-end from August 31 to March 31.
The Company is changing its financial year-end to better align the Company's financial statement and continuous disclosure requirements with those of its affiliates to streamline reporting its reporting obligations. As a result, the Company expects to file its annual disclosures in late July 2025 for the seven months ended March 31, 2025, including audited financial statements and in accordance with National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102").
Further details regarding the change in fiscal year-end, including the Company's interim reporting procedures, will be available in the Company's Notice of Change of Financial Year-End, prepared in accordance with section 4.8 of NI 51-102, which will be filed on the Company's profile on SEDAR at www.sedarplus.ca.
For further information, please contact:
Investor Relations Contact
Evan Gappelberg CEO/Director
866-ARITIZE (274-8493)
Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
SOURCE: ARway Corporation
View the original press release on ACCESS Newswire
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