TSX symbol: GBV
SAINTE-JULIE, QC, July 23, 2014 /CNW Telbec/ - Groupe Bikini Village inc. (TSX: GBV) ("Groupe Bikini Village" or the "Corporation") today announced that it has applied to list on the TSX Venture Exchange.
The Corporation has also applied to voluntarily delist from the Toronto Stock Exchange. This follows Toronto Stock Exchange's delisting review, initiated on March 26, 2014.
About Groupe Bikini Village
Groupe Bikini Village inc. is a leading swimwear retailer with a network of boutiques across Eastern Canada. In its inviting stores, Bikini Village helps its customers choose from among Canada's widest selection of swimwear, beachwear, travel clothing and beach accessories. Headquartered in Sainte-Julie, Quebec, Groupe Bikini Village operates 53 stores and employs approximately 400 people; its securities trade on the Toronto Stock Exchange under the stock symbol GBV. For more information about Groupe Bikini Village, please visit our website at www.bikinivillage.com.
This news release contains certain forward-looking statements concerning Groupe Bikini Village inc.'s future operations, economic performance, financial conditions and financing plans. These statements are based on certain assumptions and analyses made by management in light of their experience and their perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate under the circumstances. However, whether actual results and developments will conform to management's expectations and predictions is subject to a number of risks, uncertainties and assumptions. Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by management will be realized or, even if substantially realized, that they will have the expected consequences or effects on the Corporation. Management undertakes no obligation and does not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable law.
SOURCE: GROUPE BIKINI VILLAGE INC.
For further information: Jocelyn Dumas, Executive Chairman, (450) 449-1310 ext 4338, [email protected]