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Atlas Engineered Products Announces Filing Extension for Q1 2020 Results
Atlas Engineered Products Announces Filing Extension for Q1 2020 Results Canada Ne...
About this update from Atlas Engineered Products Ltd.
[{"type":"text","content":"\n\n\n\nAtlas Engineered Products Announces Filing Extension for Q1 2020 Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nNANAIMO, BC, May 29, 2020\n\n\n\nNANAIMO, BC, May 29, 2020 /CNW/ - Atlas Engineered Products (\"AEP\" or the \"Company\") (TSX-V: AEP; OTC Markets: APEUF) announced today that the Company is relying on an extension provided by the Canadian Securities Administrators (the \"CSA\") for the purpose of extending the time required to file the Company's Q1 2020 Financial Statements,  the accompanying Management Discussions and Analysis and the related CEO and CFO certifications (the \"Quarterly Filings\") resulting from the challenges posed by the COVID-19 pandemic.\n\"As part of our health and safety response to COVID-19 across Canada, we arranged for various non-manufacturing team members to work remotely. These measures reduced our ability to externally report during the pandemic. Our team members have now adjusted to new COVID-19 practices and work arrangements, again reduced our internal and external report time. Going forward, we expect that all reporting will be timely once again,\" said Melissa MacRae, the Company's Interim CFO. \nThere have been no material business developments since the filing of the Company's audited consolidated financial statements for the year ended December 31, 2019. Any material events will be publicly disclosed as required under applicable securities laws and stock exchange requirements.\nIn March 2020, the CSA granted public issuers a 45-day extension for filings required on or before June 1, 2020, to allow issuers the time needed to focus on the many other business and financial reporting implications of the COVID-19 pandemic. The deadline for the Quarterly Filings has been extended to July 16th, 2020.\nThe Company is relying on this exemption with respect to its Quarterly Filings for Q1 2020 in accordance with BC Instrument 51-515 – Temporary Exemption from Certain Corporate Finance Requirements. The Company is working diligently to complete and file its Quarterly Filings for Q1...