Business
MJardin Provides Update on Reporting its Q4 and Full Year 2019 Financial Results and Q1 2020 Financial Results
MJardin Provides Update on Reporting its Q4 and Full Year 2019 Financial Results and Q1 2020 Financial Results.
About this update from Mjardin Group Inc
[{"type":"text","content":"\n TORONTO and DENVER, June 05, 2020 (GLOBE NEWSWIRE) -- MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today provided an update with respect to the filing of its annual financial statements and related management’s discussion and analysis for the year ended December 31, 2019 and the filing of its interim financial statements and related MD&A for the three month period ended March 31, 2020. On March 18, 2020, the Canadian Securities Administrators (CSA) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such, the Ontario Securities Commission (\"OSC\") has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (\"OSC 51-502\"). The Company will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic. The Company will be relying on the temporary exemption pursuant to OSC 51-102 in respect to the following provisions: the requirement to file audited financial statements for the year ended December 31, 2019 (the \"Annual Financial Statements\") within 120 days of the Company’s financial year end as required by section 4.2(b) of NI 51-102;the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the \"Interim Financial Statements\") within 60 days of the Company’s first quarter as required by section 4.4(b) of NI 51-102;the requirement to file management discussion and analysis (the \"Annual MD&A\") for the period covered by the Annual Financial Statements within 120 days of the Company’s financial year end as required by section 5.1(2) of NI 51-102;the requirement to file management discussion and analysis (the \"Interim MD&A\") for the period covered by the Interim Financial Statements within 60 days of the Company’s first quarter as required by section 5.1(2) of NI 51-102;the requirement to file certifications of the Annual Financial Statements (together with the Annual Financial Statements and Annual MD&A, the \"Annual Filings\") pursuant to section 4.1 of National Instrument 52-109.S...