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Management Cease Trade Order Ends

By July 13, 2018 No Comments

VANCOUVER, BC – July 6th, 2018 – ZoomAway Travel Inc. (TSXV: ZMA) (the “Company”) www.zoomawaytravel.com today announces that it has received confirmation from the British Columbia Securities Commission (BCSC) that the Management Cease Trade Order (MCTO) that was granted by the BCSC on May 1st, 2018, was revoked by the BCSC on July 4th, 2018 given the July 3rd filing by the Company of its audited financial statements for the Company’s fiscal year ended December 31, 2017. The Company concurrently filed its management’s discussion and analysis and both the CEO and CFO certificates relating to the audited annual financial statements.

As previously disclosed, the Company’s audited annual financial statements were delayed primarily due to tragic personal circumstances impacting the Company’s Controller, but the Company was able to retain a Nevada-based Chartered Professional Accountant where the Company and its principal operating subsidiary are headquartered, to assist with preparing the consolidated statements and otherwise supporting the audit. The CEO, Sean Schaeffer said, “It is good to have this audit, along with the first quarter report, completed and filed so that we are back in full compliance.  We can now turn our full attention to operational issues to grow our business”

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 or sean@zoomaway.com.

“It is good to have this audit, along with the first quarter report, completed and filed so that we are back in full compliance. We can now turn our full attention to operational issues to grow our business.”

Sean Schaeffer, CEO

For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 or sean@zoomaway.com.

About Us

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated Technology Platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomawaytravelinc.com.

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Forward Looking Statements

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.

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