Not Investment Advice, Not Legal Advice.
This information (the “Material”) is for informational purposes only and it does not have regard to the specific investment objective, financial situation, suitability or particular need of any specific person who may receive the information, and should not be taken as advice on the merits of any investment decision. The views expressed in the Material represent the opinions of Ewing Morris & Co Investment Partners Ltd. ("Ewing"), and are based on publicly available information and Ewing analyses. Any figures provided herein are rounded as applicable. Certain financial information and data used in the Material have been derived or obtained from filings made by the issuer or other companies that Ewing considers comparable. Ewing has not sought or obtained consent from any third party to use any statements or information indicated in the Material as having been obtained or derived from a third party. Any such statements or information should not be viewed as indicating the support of such third party for the views expressed in the presentation. Information contained in the Material has not been independently verified by Ewing, and Ewing disclaims any and all liability as to the completeness or accuracy of the information and for any omissions of material facts. Ewing undertakes no obligation to correct, update or revise the Material or to otherwise provide any additional materials. Neither Ewing nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy, fairness or completeness of the information contained herein and the recipient agrees and acknowledges that it will not rely on any such information.
The Material may contain forward-looking statements that reflect Ewing’s views with respect to, among other things, future events and financial performance. Forward-looking statements are subject to various risks and uncertainties and assumptions. If one or more of the risks or uncertainties materialize, or if Ewing’s underlying assumptions prove to be incorrect, the actual results may vary materially from outcomes indicated by these statements. Accordingly, forward-looking statements should not be regarded as a representation by Ewing that the future plans, estimates or expectations contemplated will ever be achieved.
The securities or investment ideas listed are not presented in order to suggest or show profitability of any or all transactions. There should be no assumption that any specific securities identified and described in the Material were or will be profitable. Under no circumstances is the Material to be used or considered as an offer to sell or a solicitation of an offer to buy any security, nor does the presentation constitute either an offer to sell or a solicitation of an offer to buy any interest in Ewing or any of its affiliated funds. Any investment in Ewing, or any of its affiliated funds, is speculative and involves substantial risk, including the risk of losing all or substantially all of such investment.
Ewing may change its views or its investment positions described in the Material at any time as it deems appropriate. Ewing may buy or sell or otherwise change the form or substance of any of its investments in any manner permitted by law and expressly disclaims any obligation to notify the market, a recipient of the Material or any other party of any such changes.