VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 7, 2016) - China Keli Electric Company Ltd. (TSX
VENTURE:ZKL) ("ZKL" or the "Company"), announced that the filing of its annual
financial statements, management's discussion and analysis, and the related officer certifications for the financial year ended
April 30, 2016 (collectively, the "Annual Filings") had been delayed. A general cease trade order has been
issued as a result of the Company's default status.
The Company's auditors are working diligently and the Company is fully co-operating with the auditors to resolve any
outstanding issues and hopes to file the Annual Filings as soon as possible. The Company intends to follow the provisions of
the Alternative Information Guidelines as set out in National Policy 12-203-Cease Trade Orders for Continuous Disclosure
Defaults, for as long as ZKL remains in default, including the issuance of further by-weekly default status reports, each of
which will be issued in the form of a press release.
About China Keli Electric Company Ltd.
China Keli Electric Company Ltd. specializes in the manufacturing of electrical components and equipment, including
pre-assembled mini substations, electrical controllers, pressurized and vacuumed switchgears and circuit breakers.
For further company information please access our website: www.zkl.cc
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements based on current expectations. These forward-looking statements
entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these
forward-looking statements. Risks and uncertainties about Keli's business are more fully discussed in the Company's disclosure
materials filed with the securities regulatory authorities in Canada. All amounts are stated in Canadian dollars unless noted
otherwise