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Dye & Durham Provides Bi-Weekly MCTO Status Report
Dye & Durham Provides Bi-Weekly MCTO Status Report Dye & Durham Provides Bi-Weekl...
About this update from Dye & Durham Ltd.
[{"type":"text","content":"\n\n\nDye & Durham Provides Bi-Weekly MCTO Status Report\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\nDye & Durham Provides Bi-Weekly MCTO Status Report\nCanada NewsWire\n\n\nTORONTO, Dec. 10, 2025 /CNW/ - Dye & Durham Limited (the \"Company\" or \"Dye & Durham\") (TSX: DND) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (\"NP 12-203\"), together with an update on certain related matters.\nMCTO Status Update\nOn October 1, 2025, the Company announced that, at the request of the Company, the OSC issued a temporary and voluntary management cease trade order (the \"MCTO\") against the Company under NP 12-203 in connection with the Company's delayed filing of its: (i) audited consolidated financial statements for FY 2025 (the \"Annual Financial Statements\"), (ii) management's discussion and analysis relating to the Annual Financial Statements, and (iii) CEO and CFO certificates relating to the Annual Financial Statements (collectively, the \"Annual Filings\"). The Company has also been delayed in filing its (i) unaudited consolidated financial statements for the first quarter of FY 2026 (the \"Q1 Financial Statements\"), (ii) management's discussion and analysis relating to the Q1 Financial Statements, and (iii) CEO and CFO certificates relating to the Q1 Financial Statements (collectively, the \"Q1 Filings, and together with the Annual Filings, the \"Required Filings\"). The Annual Filings were required to be filed by September 29, 2025, and the Q1 Filings were required to be filed by November 14, 2025.\nThe MCTO prohibits the Company's Chief Executive Officer and Chief Financial Officer from trading in and acquisitions of, whether directly or indirectly, securities of the Company until two full business days following receipt by the OSC of the Required Filings. The MCTO does not restrict or affect the ability of other shareholders or investors to trade in the Company's securities.\nTo provide the Company with additional time to complete and file the Required Filings, up...