(TheNewswire)
Vancouver, B C - TheNewswire - January 31, 2023 - Harrys Manufacturing Inc. (“ Harrys ” or the “ Company ”) (CSE : HARY ) ( OTC : WSRRF) is pleased toannounce it has received it’s first revenues in the second quarter,from the sales of Harrys Canadian made cigarettes. Although the roadhas been challenging and dominated by some large foreignmultinationals, the Company continues to have optimism as it begins toonboard some retail clients. Over the next few months, Harrys hopes tobroaden penetration in Western Canada and Ontario.
Ken Storey, the Company’s President and ChiefExecutive Officer states; “We are very excited to report our firstsales and revenues and can now focus on our growth strategies acrossWestern Canada and Ontario. The market conditions remain favourable,as our competitors continue to raise prices, making our offering moreattractive.”
Appointment of new Chief FinancialOfficer
The Company wishes to announce the appointment of CindyIeong as the Company’s new Chief FinancialOfficer and Corporate Secretary , effective as ofFebruary 1, 2023. Ms. Ieong will replace Mr. Young, who has servedas the Company’s Chief Financial Officer and Corporate Secretarysince October 2018. Ms. Ieong will also replace Mr. Young on theCompany’s Board of Directors, effective February 1, 2023.
Ms. Ieong is a graduate of the University of BritishColumbia and a Chartered ProfessionalAccountant with over 13 years of experienceadvising private and public companies in the areas of corporatefinance, treasury management and risk analysis. The Company wishes tothank Mr. Young for his service and wishes him well in his futureendeavours.
About Harrys
Harrys is a marketer of tobacco products designed tosatisfy the preferences of adult Canadian tobacco consumers who areseeking a quality product at a value price. Harrys’ managementteam brings over 40 years of industry experience and works withdistribution and retail partners who put their customers first. Formore information, please visit: www.harrysmfg.com
ON BEHALF OF THE BOARD
Ken Storey
President & CEO
For further information, pleasecontact:
Corporate Communications
Telephone: 604-349-3011
Email: IR@HarrysMFG.com
Information inthis news release concerning the Company’s products is intended forthe exclusive use of market investors and is not in any way intendedto promote tobacco products to consumers, which is prohibited byCanadian law.
Neither the Canadian Securities Exchange nor its regulationservices provider accepts responsibility for the adequacy or accuracyof this news release.
FORWARD-LOOKING STATEMENTS:
Cautionary Note RegardingForward-Looking Statements: This release includes certain statementsand information that may constitute “forward-looking information” within the meaning of applicable Canadian securities laws. All statementsin this news release, other than statements of historical facts,including statements regarding future estimates, plans, objectives,timing and assumptions or expectations of future performance areforward-looking statements and contain forward-looking information.Generally, forward-looking statements and information can beidentified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and theopinions and estimates of management as of the date of this newsrelease. These forward-looking statements are subject to known andunknown risks, uncertainties and other factors that may cause theactual results, level of activity, performance or achievements of theCompany to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Althoughmanagement of the Company has attempted to identify important factorsthat could cause actual results to differ materially from thosecontained in forward-looking statements or forward-lookinginformation, there may be other factors that cause results not to beas anticipated, estimated or intended. There can be no assurance thatsuch statements will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchstatements. Accordingly, readers should not place undue reliance onforward-looking statements and forward-looking information. Readersare cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that areincorporated by reference herein, except as required by applicablesecurities laws.
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