Asia Pacific Resources Ltd.: Change of Year End.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 19, 2002 Asia Pacific Resources Ltd. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :APQCF) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :APQ APQ Accordo di Programma Quadro APQ Association des Paraplégiques du Québec APQ Association des Pathologistes du Québec APQ Art Pepper Quartet (jazz group) APQ Armaments Planning Questionnaire APQ Advanced Placement Question ) (FRANKFURT:APQ) ("The Company") announces that it has applied for and received regulatory approval for a change of its fiscal year-end Fiscal Year-End The completion of a one-year, or 12-month, accounting period. Notes: The reason that a company's fiscal year often differs from the calendar year and does not close on Dec 31, is due to the nature of company's needs. from February 28 to December 31, effective December 31, 2002. This change has been made to align the Company's financial reporting dates with those of other industry participants. Audited financial results will be issued for the ten months ending December 31, 2002 by no later than May 20, 2003. On behalf of the Board of Directors, John Bovard, President and Chief Executive Officer The information provided in this news release may contain forward-looking statements within the meaning of the Safe Harbour provisions of the US Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on Asia Pacific Resources Ltd.'s current expectations and beliefs and are subject to a number of risks and uncertainty that can cause actual results to differ materially from those described in the forward looking statements. |
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