(via Thenewswire.ca)
Toronto, Ontario / TheNewswire / June 22nd, 2016 – Matica Enterprises Inc. (MMJ - CSE) (39N – Frankfurt) (MQPXF – OTC)
(“Matica” or the
“Company”) announces today that further to our news releases of May 13, 2016 and June 7, 2016 the filing of the Company's audited annual financial
statements for the year ended December 31, 2015, including the related management discussion and analysis, and CEO and CFO
certifications (collectively, the "Annual Financial Statements") remain outstanding. As part of the Company's biweekly status
report, Matica expects that the Annual Financial Statements together with the auditor’s report thereon should be finalized within
fourteen days and filed, together with Matica’s annual management’s discussion and analysis for the 2015 fiscal year, by the next
business day.
The Company reports that since its original announcement on May 13, 2016, in respect of the
Management Cease Trade Order issued in connection herewith, there has not been any material changes to the information provided in
the Notice other than as described herein nor any failure by the Company in fulfilling its stated intentions with respect to
satisfying the alternative information guidelines required pursuant to National Policy 12-203 (“NP 12-203”). In addition,
there has not been any other specified default by the Company under NP 12-203, nor are any anticipated and there is no other
material information concerning the affairs of the Company that has not been generally disclosed.
The Company confirms that it will continue to satisfy the provisions of the alternative information
guidelines under NP 12-203 for so long as it remains in default as a result of the late filing of the 2015 Annual Financial
Statements. During the period of default, Matica will continue to issue bi-weekly default status reports in the form of further
press releases, which will also be filed on SEDAR.
For more information on Matica Enterprises please visit the website at: www.maticaenterprises.com.
On behalf of the Board of Directors
MATICA ENTERPRISES INC.
Boris Ziger
Boris Ziger, CEO & Chairman
The Company’s filings are available for review at www.sedar.com and
www.thecse.com.
For further information, please contact Boris Ziger, Chief Executive Officer, at:
Telephone: 416-304-9935
E-mail: info@maticaenterprises.com
Website: www.maticaenterprises.com
Suite 1102 – 44 Victoria Street
Toronto, ON, M5C 1Y2
Certain information in this press release may constitute forward-looking information.
This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to
predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes
no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those
reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional
information identifying risks and uncertainties is contained in the Corporation’s filings with the Canadian securities regulators,
which filings are available at www.sedar.com.
The CSE has not reviewed, approved or disapproved the content of this press
release.
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