Inspira Financial Announces Approval to Change Its Name to Brattle Street Investment Corp. and TSXV Symbol to BRTL
13 Enero 2020 - 7:00AM
Inspira Financial Inc. (the “
Company”) (TSXV:BRTL)
today announced that it is changing its name from “Inspira
Financial Inc.” to “Brattle Street Investment Corp.” and its TSX
Venture Exchange (the “
Exchange”) symbol from
“LND” to “BRTL” and will commence trading under the new name and
symbol at the market open on January 15, 2020.
The Company is changing its name to Brattle
Street Investment Corp. as reflection of a broader and improved
investment strategy given the current macroeconomic landscape. In
addition to pursuing traditional debt opportunities, the Company
plans to look for equity or debt investment opportunities that
provide oversized returns relative to risk. This strategy may take
time in economies where low interest rates often skew the
risk-return equation toward lower historical returns relative to
risk. Management believes over time, by tapping its network of deal
flow, it will find opportunities that have return profiles that
are more in line with normalized interest rate periods. Attractive
opportunities may be rare until the low real interest rate
environment ends, and the re-pricing of assets takes place, which
may delay deployment of capital until more reasonable valuations
appear than in the current market.
Forward-Looking Statements
Certain statements contained in this press
release constitute "forward-looking information" as such term is
defined in applicable Canadian securities legislation. The words
"may", "would", "could", "should", "potential", "will", "seek",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions as they relate to the Company, including: the
Company intending on changing its name and stock symbol; the
Company’s future strategy; and management finding opportunities;
are intended to identify forward-looking information. All
statements other than statements of historical fact may be
forward-looking information. Such statements reflect the Company's
current views and intentions with respect to future events, and
current information available to the Company, and are subject to
certain risks, uncertainties and assumptions. Material factors or
assumptions were applied in providing forward-looking information.
Many factors could cause the actual results, performance or
achievements that may be expressed or implied by such
forward-looking information to vary from those described herein
should one or more of these risks or uncertainties materialize.
These factors include, without limitation: changes in law,
competition, the ability to implement business strategies and
pursue business opportunities; state of the capital markets; the
availability of funds and resources to pursue operations;
dependence on debt markets and changes in interest rates and credit
conditions; currency exchange rate fluctuations; demand for the
lending products the Company offers at interest rates higher than
at which the Company can borrow; a novel business model; granting
of permits and licenses in a highly regulated business; difficulty
of funding and integrating newly acquired businesses; new
technologies; low profit market segments; general economic, market
and business conditions; underlying risks faced by firms in which
the Company may invest; as well as those risk factors discussed or
referred to in the Company's disclosure documents filed with the
securities regulatory authorities in certain provinces of Canada
and available at www.sedar.com. Should any factor affect the
Company in an unexpected manner, or should assumptions underlying
the forward-looking information prove incorrect, the actual results
or events may differ materially from the results or events
predicted. Any such forward-looking information is expressly
qualified in its entirety by this cautionary statement. Moreover,
the Company does not assume responsibility for the accuracy or
completeness of such forward-looking information. The
forward-looking information included in this press release is made
as of the date of this press release and the Company undertakes no
obligation to publicly update or revise any forward-looking
information, other than as required by applicable law.
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.
Brattle Street Investment Corp.Michael
DalsinChairman1 (844)
877-7562IR@inspirafin.comwww.inspirafin.com
Inspira Financial (TSXV:LND)
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