Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements relating to Sangoma that are based on the expectation of Sangoma as well as assumptions made by and information currently available to Sangoma which may constitute forward-looking information under applicational securities laws. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions indicate forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. There is no assurance that the Acquisition referenced herein will proceed as certain conditions must be met before the Acquisition can be completed. Such conditions are set out in the stock purchase agreement between Sangoma, Sangoma Technologies US Inc., StarBlue, Blue Face Holdings Limited Corporation, Star2Star and the Sellers’ Representative, a copy of which has been fined on SEDAR at www.sedar.com. There is no assurance that the required approvals will be received and there is therefore no assurance that the Acquisition will be completed in the time frame anticipated or at all. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. By their nature, forward-looking statements are based on the opinions and estimates of management on the date that the statements are made and involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other events contemplated by the forward-looking statements will not occur or will differ materially from those expected. Such risks and uncertainties include but are not limited to: (i) the failure to complete the Acquisition; (ii) the inability to obtain required consents, permits or approvals, including that of the TSX Venture Exchange; (iii) the impact of the recent cyber attack experienced by Sangoma and resulting data breach and (iv) other risk factors as disclosed more fully in the management information circular filed by Sangoma on www.sedar.com. Although Sangoma believes that the expectations represented by such forward-looking statements are reasonable based on the current business environment, there can be no assurance that such expectations will prove to be correct as these expectations are inherently subject to business, economic and competitive uncertainties and contingencies. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and Sangoma undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by law.
Readers are directed to the Circular and Sangoma’s filings on SEDAR with respect to additional risk factors relating to the Acquisition.
Neither the 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.
