TSXV:RYU.H - Post by User
Comment by
Riddler76on May 07, 2019 11:21am
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Post# 29719684
RE:RE:RE:Trading Halt
RE:RE:RE:Trading HaltIt's halted because they never got their financials in on time. Here is RYU's communication about that..."
The Company is working diligently with its auditors to make the Filings as soon as possible. Subject to the completion of remaining customary audit procedures, the Company expects to complete the required filings on or before Thursday, May 9, 2019 . In connection with this delay, the Company expects that the British Columbia Securities Commission ("BCSC") will be issuing a failure-to-file cease trade order ("FFCTO") against the Company. When issued, the Company expects the FFCTO to affect trading in all securities of the Company by securityholders of the Company, to apply in each jurisdiction in Canada in which the Company is a reporting issuer in Canada and to remain in effect until such time as the Company has made the Filings. Once the Filings are made (within 90 days of the date of the FFCTO), such filings will constitute the Company's application to have the FFCTO revoked."