07:48:34 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



VidWRX Inc
Symbol VID
Shares Issued 105,618,595
Close 2016-05-10 C$ 0.02
Market Cap C$ 2,112,372
Recent Sedar Documents

ORIGINAL: VidWRX CEO Hancock injured, steps down

2016-06-20 14:35 ET - News Release

Received by email:

File: VID - NR-CEO&Director-June 2016.pdf

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
FOR IMMEDIATE RELEASE

Steve Hancock Injury, VidWrx Status and Shareholder Conference Call
Vancouver, British Columbia: June 20, 2016   VidWrx Inc. (TSX-V:VID) ("VidWrx" or the
"Company") announces that CEO Steve Hancock was injured in a cycling accident on June 8th.
Steve is currently hospitalized with serious injuries the full extent of which are still being assessed.
As a result the Board of Directors announces that Steve will be stepping down as CEO and
Director of the Company.

The Board of Directors also announces that due to continuing financial difficulties the Company
temporarily suspended operations in May and subsequently engaged an advisor to investigate
the company's options. A restructuring and refinancing plan is being developed and will be
presented to shareholders via conference call on June 27th at 10:00 AM PST. An overview of
the current situation and plan will be available for distribution to interested shareholders prior to
the conference call.

Any shareholder wishing to attend the conference call and receive materials is asked to send an
email to vidwrxrecovery@gmail.com providing their name and contact information.

About VidWRX Inc.

Founded in 2006 as SoMedia Networks, VidWrx is an industry pioneer, providing scalable video
production services to marketers and digital agencies in any volume, anywhere in North America.
Combined with its online platform and proven processes, VidWrx expert production teams ensure
exceptional customer service and affordable, high quality videos.

Company Contact:

George Fleming
Email: gfleming@vidwrx.com

Neither the 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. This news release does not cons
--->titute
an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not be
--->en and will
not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state
securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the
---> U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.

Certain information contained in this document may include "forward-looking information". Without limiting the foregoi
--->ng,
the information and any forward-looking information may include statements regarding the closing of the Offering, the 
--->filing
of a preliminary and final prospectus and the use of proceeds of the Offering. In this document, words such as "may",
"would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words 
--->and the
negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read a
--->s
guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times
---> at or
by which, such future performance will be achieved. Forward-looking statements and information are based on informatio
--->n
available at the time and/or the Company management's good-faith beliefs with respect to future events and are subject
---> to
known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the
Company's control. For additional information with respect to these and other factors and assumptions underlying the
forward-looking statements made in this press release, see the section entitled "Risks and Uncertainties" in the
Management's Discussion and Analysis of the Company for its most recent interim financial statements filed with the
Canadian securities commissions. The forward-looking information set forth herein reflects the Company's expectations 
--->as
at the date of this press release and is subject to change after such date. The Company disclaims any intention or obl
--->igation



                          401-220 Cambie Street | Vancouver, BC V6B 2M9 | VidWrx.com
 to update or revise any forward looking statements, whether as a result of new information, future events or otherwis
--->e, other
than as required by law.

The Company does not intend, nor does it undertake, any obligation to update or revise any forward-looking information
---> or
statements contained in this document to reflect subsequent information, events or circumstances or otherwise, except 
--->as
required by applicable laws.
 


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