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The Company is working closely with its auditors to complete the audit and will provide updates as further information relating to the Exemption and the Annual Financial Filings becomes available. The Company has applied to the applicable securities regulatory authorities and received a management cease trade order ('MCTO') imposed against the Chief Executive Officer and Chief Financial Officer of the Company precluding them from trading securities of the Company. The MCTO will be in effect until the Annual Financial Filings are filed, and requires that the Annual Financial Filings be filed on or before
Please note that there is no assurance that the Company will be granted the Exemption or that the Company will be able to provide sufficient evidence to its auditors to obtain an unmodified opinion on the audited financial statements for the year ended
Contact:
Tel: +1 (604) 363-0411
Cautionary Statement Regarding 'Forward-Looking' Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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