GREY:GEATF - Post Discussion
Post by
ranforurlife on Jul 16, 2020 6:02pm
re: delay up to August 31, 2020 for Q1 results
The Company intends to continue to work diligently and expeditiously with its auditors and expects to file the Q1 Filings as soon as possible and in any event on or before August 31, 2020. Management Cease Trade Order
In light of the delay in filing of the Q1 Filings prior to the Filing Deadline, the Company is providing this default announcement in accordance with National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). The Company has made an application to the Alberta Securities Commission (the "OSC"), as principal regulator of the Company, for a management cease trade order ("MCTO") under NP 12-203 in respect of the anticipated default regarding the Q1 Filings. The granting of the MCTO is at the discretion of the Alberta Securities Commission and there is no guarantee that this will be granted. The issuance of the MCTO generally will not affect the ability of persons who have not been directors, officers or insiders of the Company to trade in their securities. In the event that the MCTO is granted, it will be in effect until the default is remedied. The Company intends to follow the provisions of the Alternative Information Guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases, for as long as the Company remains in default. The Company confirms as of the date of this news release that there is no insolvency proceeding against it and there is no other material information concerning the affairs of the Company that has not been generally disclosed.
https://ceo.ca/@accesswire/radiko-announces-delayed-filing-of-interim-financials
Be the first to comment on this post