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RIV Capital Sets Date for Financial Results for the Fiscal Quarter and Nine-Month Transition Year Ended December 31, 2023

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RIV Capital Inc. will report its financial results for the fiscal quarter and nine-month transition year ended December 31, 2023, on April 29, 2024. The Company changed its fiscal year end from March 31st to December 31st, resulting in a nine-month fiscal year. The audited financial statements will be available on SEDAR and the Company's website.
RIV Capital Inc. pubblicherà i risultati finanziari per il trimestre fiscale e l'anno di transizione di nove mesi conclusosi il 31 dicembre 2023, il 29 aprile 2024. La società ha modificato la fine dell'anno fiscale dal 31 marzo al 31 dicembre, risultando in un anno fiscale di nove mesi. I bilanci contabili verificati saranno disponibili su SEDAR e sul sito web della società.
RIV Capital Inc. informará sobre sus resultados financieros para el trimestre fiscal y el año de transición de nueve meses que terminó el 31 de diciembre de 2023, el 29 de abril de 2024. La empresa cambió el final de su año fiscal del 31 de marzo al 31 de diciembre, resultando en un año fiscal de nueve meses. Los estados financieros auditados estarán disponibles en SEDAR y en el sitio web de la compañía.
RIV Capital Inc.는 2023년 12월 31일로 끝나는 회계 분기 및 9개월 간의 전환 연도에 대한 재무 결과를 2024년 4월 29일에 보고할 예정입니다. 회사는 회계 연도의 마감을 3월 31일에서 12월 31일로 변경하여 9개월간의 회계 연도가 되었습니다. 감사된 재무제표는 SEDAR 및 회사 웹사이트에서 확인할 수 있습니다.
RIV Capital Inc. publiera ses résultats financiers pour le trimestre fiscal et l'année de transition de neuf mois se terminant le 31 décembre 2023, le 29 avril 2024. La société a changé sa clôture d'exercice fiscal du 31 mars au 31 décembre, résultant en un exercice fiscal de neuf mois. Les états financiers audités seront disponibles sur SEDAR et sur le site web de la compagnie.
RIV Capital Inc. wird am 29. April 2024 seine Finanzergebnisse für das Fiskalquartal sowie das neunmonatige Übergangsjahr, das am 31. Dezember 2023 endete, vorlegen. Das Unternehmen hat sein Geschäftsjahresende vom 31. März auf den 31. Dezember verlegt, was zu einem neunmonatigen Geschäftsjahr führte. Die geprüften Finanzberichte werden auf SEDAR und der Website des Unternehmens verfügbar sein.
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TORONTO, April 22, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, will report its financial results for the three months and nine-month transition period ended December 31, 2023, after markets close on Monday, April 29, 2024. As previously announced, due to a change in the Company's fiscal year end from March 31st to December 31st, the Company's most recent fiscal year was comprised of three quarters for a total of nine months, which began on April 1, 2023, and ended December 31, 2023. 

The Company's audited consolidated financial statements and management's discussion and analysis for the three months and nine-month transition period ended December 31, 2023, will be available on the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.rivcapital.com/investors.

Following the release of its financial results for the three months and nine-month transition period ended December 31, 2023, an audio-only recording of RIV Capital's conference call will be available on the Company's website at www.rivcapital.com/investors.

About RIV Capital

RIV Capital is an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets. Backed by in-house expertise and cannabis domain knowledge, RIV Capital aims to grow its own brands and partner with established U.S. cannabis operators and brands to bring them to new markets and build market share. RIV Capital established the foundational building blocks of its active U.S. strategy with its previously announced acquisition of Etain. Through its strategic relationship with The Hawthorne Collective, Inc. ("The Hawthorne Collective"), a subsidiary of ScottsMiracle-Gro, RIV Capital is The Hawthorne Collective's preferred vehicle for cannabis-related investments not under the purview of other ScottsMiracle-Gro subsidiaries.

Forward Looking Statements

This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of RIV Capital and its portfolio companies with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding the timing and availability of the financial results of the Company and the Company's earnings call.

Investors are cautioned that forward-looking information is not based on historical fact but instead reflects management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although RIV Capital believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of RIV Capital or its portfolio companies. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: regulatory and licensing risks; changes in cannabis industry growth and trends; changes in general economic, business and political conditions, including changes in the financial markets; the global regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation, including RIV Capital's interpretation of such regulation; public opinion and perception of the cannabis industry; divestiture risks; and the risk factors set out in RIV Capital's annual information form for the year ended March 31, 2023 filed with the Canadian securities regulators and available on RIV Capital's profile on SEDAR+ at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although RIV Capital has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. RIV Capital does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/riv-capital-sets-date-for-financial-results-for-the-fiscal-quarter-and-nine-month-transition-year-ended-december-31-2023-302123778.html

SOURCE RIV Capital Inc.

FAQ

When will RIV Capital report its financial results for the fiscal quarter and nine-month transition year ended December 31, 2023?

RIV Capital will report its financial results on April 29, 2024.

What was the change in RIV Capital's fiscal year end?

RIV Capital changed its fiscal year end from March 31st to December 31st.

Where can the audited financial statements be accessed?

The audited financial statements will be available on SEDAR at www.sedarplus.ca and on RIV Capital's website at www.rivcapital.com/investors.

Where can the audio-only recording of RIV Capital's conference call be found?

The audio-only recording will be available on RIV Capital's website at www.rivcapital.com/investors.

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