DoveCorp Enterprises Inc.

DoveCorp Enterprises Inc.

November 17, 2006 15:56 ET

DoveCorp Announces Change of Auditors

TORONTO, ONTARIO--(CCNMatthews - Nov. 17, 2006) - DoveCorp Enterprises Inc. (the "Company") (TSX VENTURE:DOV) today announced that its Board of Directors has approved a change of the Company's auditors from Mintz & Partners LLP to DMCT LLP.

At the request of the Company, Mintz & Partners LLP has resigned as auditor of the Company effective November 13, 2006. The Board of Directors of the Company has appointed DMCT LLP as the successor auditor effective November 14, 2006.

"We are pleased with the appointment of DMCT LLP as they were of great assistance to us during our acquisition of Cadet Cleaners last year," said Sam Mizrahi, President & CEO.

There have been no reservations contained in the auditors reports rendered by Mintz & Partners LLP during their tenure, and in the opinion of the Company, there have been no reportable events (as defined in National Instrument 51-102 (Part 4.11)) between the Company and Mintz & Partners LLP. The Company plans on filing the required Notice of Change of Auditor reporting package in accordance with National Instrument 51-102.

About DoveCorp:

DoveCorp is a leader in Canada's dry-cleaning and laundry industry, with the only ISO 9001 dry cleaning registration in the world. For more than 10 years, its flagship Dove Cleaners division has been widely recognized by various fashion and industry magazines as among the best premium dry cleaning and laundry services in Canada. At the same time, its Dove Depot, Meena Cleaners, and Natural Cleaners divisions excel in the mass market. DoveCorp's acquisition of Cadet Cleaners, a leader in the Greater Toronto Area for 50 years, has brought the number of DoveCorp's retail locations to 98. In addition, Dove Cleaners Commercial is a full-service provider of linen, uniforms, and mat rentals. The company also provides out-sourced dry cleaning and laundry services.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this release. The TSX Venture Exchange has in no way passed on the merits of the transaction described herein.

Forward-looking statements

This document contains forward-looking statements relating to DoveCorp's financial performance, operations or to the environment in which it operates, which are based on DoveCorp's operations, estimates, forecasts, and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the company's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. These factors include those set forth in the company's corporate filings, (posted at Consequently, readers should not rely on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, DoveCorp cannot be certain that actual results will be consistent with these forward-looking statements, and the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


This press release shall not constitute an offer to sell of the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Contact Information

  • DoveCorp Enterprises Inc.
    Sam Mizrahi
    President and CEO
    (416) 782-8788 x 223