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Posted by
Two Blokes Apr 19 -
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VANCOUVER, BC / April 19 , 2025 / Bruush Oral Care Inc. (OTC Markets: BRSHF) (the "Company") today announced that management of the Company, after discussion with the audit committee of the board of directors of the Company (the "Audit Committee"), concluded that the Company's audited financial statements for the year ended October 31, 2022 (the "2022 Financial Statements") included in its Form 20-F for the corresponding period should no longer be relied upon due to the errors described below. Similarly, related reports, press releases, earnings releases and investor communications describing the 2022 Financial Statements should no longer be relied upon. During the preparation and audit of the Company's financial statements for the year ended October 31, 2023, management of the Company identified errors of amounts purported to have been paid in 2022 for advertising, marketing, office and administrative expenses. These amounts are instead related to the wrongful misappropriation of the Company's funds by a former director and officer of the Company (see news releases dated February 14, 2025 and March 9, 2025) and should have been accounted as such. The Company is currently unable to accurately quantify the errors but intends to provide an update at a later date as such information becomes known.
