Business
Liberty Announces Postponement of Q1 Filings
Liberty Announces Postponement of Q1 Filings Canada NewsWire VANCOUVER and ATLAN...
About this update from Liberty Defense Holdings Ltd.
[{"type":"text","content":"\n\n\n\nLiberty Announces Postponement of Q1 Filings\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\nVANCOUVER and ATLANTA, May 28, 2020\n\n\n\nVANCOUVER and ATLANTA, May 28, 2020 /CNW/ - Liberty Defense Holdings Ltd. (\"Liberty\" or the \"Company\") (TSXV: SCAN, FRANKFURT: LD2, OTCQB: LDDFF), announces that, due to the COVID‐19 pandemic, it intends to postpone certain of its continuous disclosure filings.\nIn connection with the continuous disclosure filings, Liberty intends to rely on the extensions granted pursuant BC Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements and BC Instrument 51-516 - Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials (together, the \"BC Instruments\").  In accordance with the terms of the BC Instruments, Liberty intends:\nto postpone the filing of its first quarter consolidated interim financial statements and related management discussion and analysis (collectively, the \"Q1 Statements\") which, under Section 4.4 of National Instrument 51‐102 ‐ Continuous Disclosure Obligations (\"NI 51-102\"), are required to be filed before May 30, 2020; and postpone the delivery of the Q1 Statements to any shareholder who has requested them under Section 4.6(1) of NI 51-102 and which, under Section 4.6(3) of NI 51-102, are required to be delivered before June 9, 2020 (being ten calendar days after the filing deadline).The Company intends to file the Q1 Statements on or before June 12, 2020.  Until such time as the Q1 Statements are filed, Liberty's management and other insiders of Liberty are subject to a trading black-out that reflects the principles in section 9 of National Policy 11-207 - Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.\nLiberty filed its annual financial statements for the year ended December 31, 2019 (the \"Annual Financial Statements\") on March 12, 2020.  Since the date of filing of the Annual Financial Statements, there have no material business developments othe...