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Decibel Announces the Extension of Annual Financial Filings, Financial Update and Resignation of Chief Financial Officer
Decibel Announces the Extension of Annual Financial Filings, Financial Update and Resignat...
About this update from Decibel Cannabis Company Inc
[{"type":"text","content":"\n\n\n\nDecibel Announces the Extension of Annual Financial Filings, Financial Update and Resignation of Chief Financial Officer\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, April 27, 2020\n\n\n\nCALGARY, April 27, 2020 /CNW/ - Decibel Cannabis Company Inc. (the \"Company\" or \"Decibel\") (TSX-V:DB) (OTCQB:DBCCF) announces that it will delay the filing of its audited financial statements and related management's discussion and analysis for the fiscal year ended December 31, 2019 (collectively, the \"Annual Filings\").\n\n \n \n \n \n \n \n\n \nRecent proclamations and guidance from Canadian health authorities, the city of Calgary and the province of Alberta and challenges resulting from the COVID-19 pandemic, have required the Company and its auditors to coordinate the preparation of the Annual Filings remotely. As a result, the completion of audit procedures as well as of the preparation of the Annual Filings as a whole have been delayed. \nAccording to Blanket Order 51-517 issued by the Alberta Securities Commission on March 23, 2020 (the \"Blanket Order\"), during the period from March 23, 2020 to June 1, 2020, a person or company required to make certain filings has an additional 45 days from the otherwise applicable deadline to make such filings. The Company is relying on the Blanket Order for temporary relief from the requirements set out in Part 4 and Part 5 of National Instrument 51-102 – Continuous Disclosure Obligations (\"NI 51-102\"), to file the Annual Filings by the applicable deadlines set forth i...