Replicel Life Sciences Inc V.RP

ARBITRATION AWARD DATE VERSUS NEWS RELEASE DATE

[RPINVESTOR1]

I found something interesting on the Internet. We all know that Andrew Schutte put out a News Release on November 16, 2023 announcing that Replicel Life Sciences had lost the Arbitration Case. 

A website (Jus Mundi) indicates that the decision was made on October 16, 2023 (See Award Date)!

https://jusmundi.com/en/document/decision/en-replicel-life-sciences-inc-v-shiseido-company-limited-representatives-of-the-parties-monday-18th-october-2021

If this is accurate, they left the shareholders twisting in the wind for a full month!

[Ingiboy]

This is a very serious breach of the CSA rules regarding releasing material information related to a publicly traded companies in Canada: "When must a publicly listed company make disclosures of material information? The Disclosure rules state that material information is information about a company that has a significant effect, or would reasonably be expected to have a significant effect