Kontrol Technologies Corp (KNRLF)

[Sam Dan]

Management delays AGM but will release Year-end and First Quarter reports on schedule.
"Kontrol Energy to Maintain Annual and Quarterly Reporting Due Dates and Postpone Annual General Meeting of Shareholders

TORONTO, ON / ACCESSWIRE / April 23, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) ("Kontrol" or "Company") a leader in the energy efficiency sector through IoT, Cloud and SaaS technology announces that, given the extraordinary circumstances regarding the ongoing COVID-19 health crisis, and the resulting restrictions on public gatherings, it is postponing its Annual General Meeting of Shareholders to August, 2020. The Company will set and communicate details for a new AGM meeting date and location as soon as the orderly planning and preparation of the meeting can be conducted.

"The health and safety of our employees, shareholders, and the community at large, remains a top priority," said Paul Ghezzi, CEO at Kontrol. "This decision to postpone the holding of our AGM was not taken lightly, however, given the restrictions of public meetings, management considered it to be in the best interests of the Company and the health and safety of our shareholders to postpone the scheduled AGM and hold it at a later date."

2019 Year-end Financial Reporting and Q1 2020

Kontrol plans to meet its regular year-end financial statement reporting due dates on or before April 29, 2020 and by June 1 for Q1 2020. Presentation and call-in details for the quarterly results will be provided in a separate communication."