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Mainstreet Equity Corp Provides Update on Filing of Q2 Financial Statements and MD&A
Mainstreet Equity Corp Provides Update on Filing of Q2 Financial Statements and MD&A ...
About this update from Mainstreet Equity Corp.
[{"type":"text","content":"\n\n\n\nMainstreet Equity Corp Provides Update on Filing of Q2 Financial Statements and MD&A\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\nMainstreet Equity Corp Provides Update on Filing of Q2 Financial Statements and MD&A\nCanada NewsWire\nCALGARY, AB, June 18, 2020\n\n\n\nCALGARY, AB, June 18, 2020 /CNW/ - Mainstreet Equity Corp. (\"Mainstreet\" or the \"Corporation\") (TSX: MEQ) announces that, further to its April 16, 2020 news release, Mainstreet has postponed its filing of the Company's interim financial statements for the three and six months period ended March 31, 2020 (\"Q2 Financial Statements\") and associated management's discussion and analysis (\"Q2 MD&A\", and collectively with the Q2 Financial Statements, the \"Q2 Filings\") to June 23, 2020.\nThis news release is being issued in accordance with ASC Blanket Order 51-517 - Temporary Exemption from Certain Corporate Finance Requirements (the \"Blanket Order\"), which grants the Company up to an additional 45 days from the deadline otherwise applicable under Alberta securities laws to file the Q2 Filings, provided that it complies with certain requirements set out in the Blanket Order. Accordingly, Mainstreet is relying on the relief contained in the Blanket Statements for its Q2 Financial Statements required by section 4.4 of National Instrument 51-102 and its Q2 MD&A required by subsection 5.1(2) of National Instrument 51-102.\nUntil such time as the Q2 filings are made, management and other insiders of the Company are subject to an insider trading black-out policy that reflects the principles in Section 9 of National Policy 11-207 - Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. \nOther than the renewal of the Company's normal course issuer bid which was announced by the Company on May 28, and as otherwise set out in the Company's April 16, 2020 news release, there have been no material business developments since the date of the Company's interim financial statements for the three months ended December 31, 2019, which were filed on February 11, 2020....