Arrowhead Water Products Ltd.

Arrowhead Water Products Ltd.

January 29, 2013 13:44 ET

Arrowhead Water Products Announces Year End Financial Results and Mailing of Information Circular for Annual and Special Meeting of Shareholders

CALGARY, ALBERTA--(Marketwire - Jan. 29, 2013) -


Arrowhead Water Products Ltd. (TSX VENTURE:AWA) ("Arrowhead" or the "Company") reports its audited consolidated financial and operating results for the fiscal year ended September 30, 2012. For complete disclosure of Arrowhead's year end financial results and Management's Discussion and Analysis, please go to and view documents listed under Arrowhead Water Products Ltd.

The Company also announces that it received conditional approval from the TSX Venture Exchange ("TSXV") for the previously announced sale of substantially all of the assets of Arrowhead (the "Asset Sale") to Ice River Springs Water Co. Inc. The completion of the Asset Sale is subject to certain conditions precedent, including shareholder approval, approval of the TSXV and all other necessary regulatory approvals. An Annual and Special meeting of Arrowhead shareholders will be held at 1800, 444 - 5th Avenue SW, Calgary, Alberta at 10:00 a.m. on Friday, February 15, 2013 to approve annual meeting matters and the Asset Sale. A proxy and information circular in connection with such meeting was mailed to all shareholders on January 25, 2013.

Arrowhead also advises that trading in the Company's shares will resume at the opening of the market on Wednesday, January 30, 2013.


This news release may contain certain forward-looking statements, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with the bottling business, development, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, environmental risks, competition, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

14,492,229 Common Shares Issued

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information