betterU Announces BDO Canada LLP as Company Auditors
August 02 2019 - 9:07AM
betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the
"Company" or "betterU") is pleased to announce that after review of
multiple proposals, the Company has approved and executed on an
agreement with BDO Canada LLP as their new auditors to support not
only the Company’s annual financial audit for the financial year
ended March 31, 2019 but also ongoing advisory services and as a
long-term partner. The audit process is expected to commence
immediately.
BDO was selected because of its deep experience
with technology and global focused companies such as betterU. BDO
serves over 1,500 companies in the Canadian technology sector and
over 5,000 across North America. With dedicated Centres of
Excellence across Canada and around the world, BDO is structured to
support the technology sector’s requirements for rapid growth,
while being able to adapt to change, understand global trends and
support companies that are pioneering disruptive technologies with
unique global positioning such as betterU. There are many areas
that BDO will be able to support betterU including their
understanding of the start-up environment from pre-revenue through
scaling to a mature business, supporting both local and
international standards as well as supporting betterU with more
personal involvement and attentiveness as not just auditors, but
business advisors providing their depth and breadth of resources
and services globally.
About betterU
betterU, an online education technology company,
aims to provide access to quality education from around the world
in order to foster growth and opportunity to those who want to
better their lives. The Company plans to bridge the prevailing gap
in the education and job industry and enhance the lives of its
prospective learners by developing an integrated ecosystem.
betterU’s offerings can be categorized into four broad functions:
to compliment school programs with flexible KG-12 programs
preparing children for their next stage of education, to foster an
exceptional educational environment by providing befitting skills
that lead to a better career, to bridge the gap between one’s
existing education and prospective job requirement by training them
and lastly, to connect the end user to various job
opportunities.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
By their nature, forward-looking statements
include assumptions and are subject to inherent risks and
uncertainties that could cause actual future results, conditions,
actions or events to differ materially from those in the
forward-looking statements. If and when forward-looking statements
are set out in this news release, BetterU will also set out the
material risk factors or assumptions used to develop the
forward-looking statements. Except as expressly required by
applicable securities law, the Company assumes no obligation to
update or revise any forward-looking statements. The future
outcomes that relate to forward-looking statements may be
influenced by many factors, including, but not limited to: industry
cyclicality; the ability to secure third party agreements;
successful integration of BetterU’s system with third party
technology; competition; reduction in demand for products;
collection from customers; relationships with suppliers; product
liability; intellectual property; reliance on key personnel;
environmental; interest rates; uninsured and underinsured losses;
operating hazards; risks of future legal proceedings; income tax
matters; credit facilities; availability and terms of financing;
distribution of securities; restrictions on potential growth;
effect of market interest rates on price of securities; and
potential dilution. betterU does not assume any obligation to
update any forward-looking statements except as required by
law.
CONTACT INFORMATION
On behalf of the Board of Directors, betterU
Education Corp. Brad Loiselle, CEOInvestor Relations 1-613-695-4100
Email: ir@betteru.ca
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