Knowledge First Foundation and Knowledge First Financial Inc. announce change of fiscal year end

MISSISSAUGA, ON, Oct. 10, 2017 /CNW/ - Knowledge First Foundation (the "Foundation"), along with its wholly-owned subsidiary Knowledge First Financial Inc., announces a change in its year end from April 30 to December 31.  This change will be first effective December 31, 2017 and will result in a one-time shortened fiscal period of eight months.

This change will also apply to the Education Savings Plans sponsored by the Foundation: Flex First Plan; Family Group Education Savings Plan, Family Single Student Education Savings Plan and Classic Education Savings Plan (collectively, the "Plans").

Accordingly, unaudited financial information normally filed by the Plans in respect of the six-month period ended October 31, 2017 will not be filed on SEDAR or made available to subscribers.  The next financial-related filings for the Plans will occur in respect of the eight-month period ending December 31, 2017 and will include audited financial statements for each of the Plans.  These filings will be completed and filed on SEDAR and made available to subscribers on or before March 31, 2018.

The Notice of Change in Year-End has been filed via SEDAR and is accessible at www.sedar.com.

SOURCE Knowledge First Financial Inc.

For further information: Stephen Rotz, Chief Financial Officer, Knowledge First Financial Inc., Tel: [phone], extension 4386, Email: [e-mail]

Related Links

www.knowledgefirstfinancial.ca