TORONTO, Aug. 26, 2020 /CNW/ - Echelon Financial Holdings Inc. (TSX: EFH) ("EFH" or the "Company") announces that due to circumstances created by the COVID-19 pandemic, it intends to delay its annual and special general meeting (the "Meeting") from October 5, 2020 to October 27, 2020. The Meeting will be held in a virtual-only meeting format, Registered shareholders and duly appointed proxyholders can attend the Meeting online where they can participate, vote, or submit questions during the Meeting's live webcast. Detailed information on how to participate in the virtual Meeting will be included in the Company's management information circular and notice of meeting (collectively, the "Meeting Materials"), expected to be filed on or before October 6, 2020.

Forward-looking Information 

This news release contains forward-looking information based on current expectations. This information includes, but is not limited to, statements about the timing of the Company's annual general meeting of shareholders and the preparation of the accompanying information circular. These statements, which appear in this press release generally can be identified by the use of forward-looking words such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "plan", "would", "should", "could", "trend", "predict", "likely", "potential" or "continue" or the negative thereof and similar variations, and include the proposed date of the Meeting, the format of the Meeting and the date of filing and content of the Meeting Materials.

This information is based upon certain material factors or assumptions that were applied in drawing a conclusion or making a projection as reflected in the forward-looking information. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific. A variety of material factors, many of which are beyond EFH's control, affect the operations, performance and results of its business and could cause actual results to differ materially from the expectations expressed in any of this forward-looking information.

About Echelon Financial Holdings Inc.

Founded in 1998, Echelon Financial Holdings Inc. operates in the property and casualty insurance industry in Canada, providing personal and commercial lines insurance exclusively through the broker channel. The Company distributes insurance products through The Insurance Company of Prince Edward Island. It trades on the Toronto Stock Exchange under the symbol EFH. For more information, please visit efh.ca

SOURCE Echelon Financial Holdings Inc.

© Canada Newswire, source Canada Newswire English