American Aires Inc. (CNSX:WIFI) has issued update regarding its continuing strategic review. The board of directors, together with the company's legal and financial advisers, is actively reviewing strategic alternatives intended to strengthen the company's financial position and support future operations. These alternatives may include potential financing transactions, strategic partnerships or the disposition of certain assets.
The strategic review remains in progress. There can be no assurance that the Company's strategic review will result in a particular transaction or outcome, or that any strategic alternative will be successfully implemented. The Company intends to provide further updates as appropriate and in accordance with its continuous disclosure obligations.
