Last release... So July 16 will be Q1 filing date. Hopefully this helps with the lifting of the halt and this company can get back to business. Not sure I would make any bets or hold my breath on this.
Silk Energy Update on Interim Financial Statements for the Period Ended March 31, 2020 and MD&A Filing
Toronto, Ontario--(Newsfile Corp. - July 3, 2020) - Silk Energy Limited (the "Company") announces that due to delays caused by the COVID-19 crisis, it continues to rely on the exemption provided in Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission to postpone the filing of its interim financial statements for the quarter ended March 31, 2020, as required by section 4.4 of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") and National Instrument 52-109 certification and disclosure of interim filings ("NI 52-109"), and its related management discussion and analysis for the period ended March 31, 2020, as required by section 5.1(2) of NI 51-102 and NI 52-109.
As previously announced in its press release dated June 5, 2020, the Company expects to file its Q1 Filings no later than the extended deadline of July 16, 2020.
Until the Company has filed the interim financial statements for the period ended March 31, 2020, members of the Company's management and other insiders will observe a trading blackout consistent with the principles in Section 9 of National Policy 11-207 - Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
The Company confirms that since the filing of its consolidated financial statements for the year ended December 31, 2019, there have been no material business developments other than those disclosed through news releases.
For further information, please contact Steve Kappella, Chief Executive Officer of the Company, at info@silkenergy.com.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.