The Company is awaiting the decision of the Regulators for the acquisition of an oil & gas producing asset in
Update on Albanian activities:
Company has not received any updated information on the two production assets from the Albanian authorities. Company will keep updating the market on the progress of the application.
The
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Forward-Looking Statements
Information set forth in this news release contains forward-looking statements or forward-looking information that are based on assumptions as of the date of this news release. Such statements include statements relating to the completion of the proposed acquisitions of Canadian and Albanian oil and gas assets. These statements reflect management's current estimates, beliefs, intentions and expectations and are not guarantees of future performance. Such statements are based upon certain assumptions which Letho's management believes to be reasonable, including assumptions relating to the availability of funds, the receipt of Exchange approval and the timeline for and results of regulatory review. Letho cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Letho's control. Such factors include, among other things: risks and uncertainties relating to Letho's ability to raise additional financing and meet financial obligations as they come due. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Letho undertakes no obligation to publicly update or revise forward-looking information.
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