RE:RE:Wonder who is selling ?Glen Eagle Resources announces the deferral of its Financial Statements filings MONTREAL, April 29, 2020 -- Glen Eagle Resources Inc. (TSX.V: GER) (or "the Company") announces that it is deferring its filing and transmission dates of Financial Statements, given the logistical delays created by the COVID-19 outbreak, the Company will be forced to push the filing dates of its year-end 2019 and first quarter 2020 financial statements from April 28th, 2020 to June 12th, 2020 or before and from May 28th, 2020 to July 14th, 2020 or before, respectively.
The revised filing dates will not constitute regulatory defaults by the Company as the Canadian Securities Administrators have granted all issuers a 45-day extension to file their financial statements due to the impact of the COVID-19 outbreak on the operations of the listed companies.
***Interesting as due the filing delays it says management/insiders subject to trading blackout*** So this must not be Denis dumping shares from the April transaction?
The Company’s management and other insiders are subject to a trading blackout that reflects the principles contained in section 9 of National Policy 11-207. There have been no material business developments since the date of the last interim financial statements, filed on November 27, 2019, a copy of which is available on SEDAR at www.sedar.com.