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ELSE NUTRITION GRANTED VOLUNTARY MANAGEMENT CEASE TRADE ORDER
ELSE NUTRITION GRANTED VOLUNTARY MANAGEMENT CEASE TRADE ORDER Canada NewsWire ...
About this update from Else Nutrition Holdings Inc
[{"type":"text","content":"\n\n\n\n ELSE NUTRITION GRANTED VOLUNTARY MANAGEMENT CEASE TRADE ORDER\n \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 Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n April 1, 2025\n \n\n /CNW/ - ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) (the \"Company\") announces that it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements, management's discussion and analysis (\"\n \n MD&A\n \n \") and annual information form (\"\n \n AIF\n \n \") for the year ended\n \n December 31, 2024\n \n on SEDAR within 90 days of its financial year-end. The management cease trade order has been granted by the Company's principal regulator, the British Columbia Securities Commission.\n \n\n\n\n\n\n\n\n\n The Company concluded that it would not be in a position to complete the year-end audit within the time periods required by National Instrument 51-102 due to timing constraints in completing audit procedures. As a result, the Company requires additional time to file its annual financial statements, MD&A and AIF for the financial year ended\n \n December 31, 2024\n \n .\n \n\n The Company expects to file its annual financial statements, MD&A and AIF for the year ended\n \n December 31, 2024\n \n by\n \n April 9, 2025\n \n and in any event no later than\n \n May 30, 2025\n \n , and will issue a news release once they have been filed. The Company intends to satisfy the provisions of the alternative information guidelines of National Policy 12-203, by issuing bi-weekly default status reports, in the form of news releases, until the revocation of the management cease trade order. The Company is not subject to any insolvency proceedings. The management cease trade order will prohibit the chief executive officer and the chief financial officer of the Company from trading in securities of the Company for so long as the annual financial statements, MD&A and AIF are not filed. The issuance of the management cease trade order does n...