EDMONTON, July 16, 2013 /CNW/ - The Cash Store Australia Holdings Inc.
("Cash Store Australia" or the "Company") (TSXV: AUC) today announced
that effective July 15, 2013, Alan Grant has resigned as the Interim
CEO and as a Director of Cash Store Australia, for personal reasons.
The Company wishes to thank Mr. Grant for his strong commitment to the
Company and for his time and generous contributions on the Board and
its Committees since his appointment in June 2009.
About Cash Store Australia
Cash Store Australia is the only small-sum short-term advance broker in
Australia publicly traded on the TSX Venture Exchange (TSXV: AUC). Cash
Store Australia operates 61 branches in the States of Victoria,
Queensland, Tasmania, Northern Territory, and New South Wales Australia
under the banner "The Cash Store".
Forward Looking Information
This News Release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation. Forward-looking
information includes, but is not limited to, information with respect
to our objectives, strategies, operations and financial results.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects", or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "does not anticipate", or
"believes" or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might", or
"will be taken", "occur", or "be achieved. Forward-looking information
is subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of Cash Store Australia, to be materially different from
those expressed or implied by such forward-looking information. All
material assumptions used in making forward-looking statements are
based on management's knowledge of current business conditions and
expectations of future business conditions and trends. Although we
believe the assumptions used to make such statements are reasonable at
this time and have attempted to identify in our continuous disclosure
documents important factors that could cause actual results to differ
materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. Certain material factors or assumptions are
applied by us in making forward-looking statements, include without
limitation, factors and assumptions regarding our continued ability to
fund our small sum short-term loan business, rates of customer
defaults, relationships with, and payments to, third party lenders,
demand for our products, as well as our operating cost structure and
current consumer protection regulations. There can be no assurance that
such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on
forward-looking information. We do not undertake to update any
forward-looking information, except in accordance with applicable
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.
SOURCE: The Cash Store Australia Holdings Inc.
For further information:
For further information on Cash Store Australia, please contact:
Bill Johnson, Chief Financial Officer
(780) 732-5695; e-mail: email@example.com