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AZN Capital Corp. Working to File Annual Financial Statements
AZN Capital Corp. Working to File Annual Financial Statements.
About this update from Azn Capital Corp
[{"type":"text","content":"\n\n\n\nAZN Capital Corp. Working to File Annual Financial Statements\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\nAZN Capital Corp. Working to File Annual Financial Statements\nCanada NewsWire\nVANCOUVER, BC, May 11, 2021\n\n\n\nVANCOUVER, BC, May 11, 2021 /CNW/ - AZN Capital Corp. (the \"Company\" or \"AZN\") (TSXV: AZN) (OTC: AZNVF) announces that the Company is subject to a Cease Trade Order issued by the British Columbia Securities Commission for failure to file its annual financial statements and related documents for the fiscal year ended December 31, 2020 (the \"Annual Financial Statements\") by the deadline of April 30, 2021 as required by applicable Canadian securities laws. \nThe Company advises that the failure to file the Annual Financial Statements resulted from delays caused by the public disposition of substantially all of the assets of the Company and its U.S. subsidiaries conducted in late December 2020, coupled with incremental delays resulting from the effects of COVID-19 on work schedules, availability and timelines. The Company is actively working to complete the required filings as soon as possible so that the cease trade order can be lifted.\nThe Company expects to file the Annual Financial Statements as soon as they are available, and will issue a news release once the Annual Financial Statements have been filed. \nON BEHALF OF THE BOARD OF DIRECTORS\nAZN CAPITAL CORP.\nMaxwell Smith\nChief Executive Officer, President and Director\nNeither 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 release. \nForward-Looking Information \nExcept for the statements of historical fact, this news release contains \"forward-looking information\" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. \"Forward-looking information\" in this news release includes, but is not limited to, statements regard...