VANCOUVER, Jan. 15, 2018 /CNW/ - Network Media Group
Inc. (TSX:NTE.V) and Network Entertainment Inc.
("Network" or "the Company") announces that it has accepted the
resignation of Robert Pirooz from
the Company's Board of Directors, effective immediately. The
Company acknowledges Mr. Pirooz for his contributions and wishes
him the best with his future endeavours.
ON BEHALF OF THE BOARD OF DIRECTORS OF NETWORK MEDIA GROUP
INC.:
"Derik A. Murray"
Derik A. Murray
Chief Executive Officer and Director
About Network Media Group Inc./Network Entertainment
Inc.
Network is focused on becoming one of the world's
leading developers and producers of entertainment properties for
the global marketplace and its worldwide audience. It is the parent
company of Network Entertainment Inc., an established television
and film production company with an award-winning international
reputation. Its productions include the Academy Award shortlisted
feature documentary Facing Ali, as well as documentaries on the
lives of Bruce Lee, Steve McQueen, Evel
Knievel, Johnny Cash,
Chris Farley (which set all time
ratings records for Spike), JFK Jr. and, most recently, Heath
Ledger and Sam Kinison. In
2017, the Company received the prestigious Realscreen Award for
Non-Fiction – History/Biographical Series for its documentary
series Facing, broadcast on the National
Geographic Channel. Network's past projects and current productions
can be viewed at www.networkentertainment.ca.
Neither 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 release.
CAUTIONARY STATEMENT ON FORWARD-LOOKING
INFORMATION
Except for historical information contained
herein, this news release contains forward-looking statements that
involve risks and uncertainties, including the Company not
obtaining required TSX Venture Exchange approval of the Transaction
and the Transaction not being completed as proposed or at all.
These statements are necessarily based upon management's
perceptions, beliefs, assumptions and expectations, as well as a
number of specific factors and assumptions that, while considered
reasonable by management of the Company as of the date of such
statements, are inherently subject to significant uncertainties and
contingencies that could result in the forward-looking information
ultimately, perhaps materially, being incorrect. All forward
looking information in this news release involve known and unknown
risks, uncertainties and other factors that are beyond the control
of the Company and may cause the actual results, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward looking information. Except as
required pursuant to applicable securities laws, the Company will
not update these forward-looking statements to reflect events or
circumstances after the date hereof.
SOURCE Network Entertainment Group Inc.