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NG Energy Provides Bi-Weekly Status Report Regarding Management Cease Trade Order and Update on Annual Financial Statements

NG Energy Provides Bi-Weekly Status Report Regarding Management Cease Trade Order and Upd...

articleNg Energy International CorpJune 1, 20214/company/ng-energy-international-corp/news/ng-energy-provides-bi-weekly-status-report-regarding-management-cease-trade-order-and-update-on-annual-financial-statements-1
NG Energy Provides Bi-Weekly Status Report Regarding Management Cease Trade Order and Update on Annual Financial Statements

About this update from Ng Energy International Corp

[{"type":"text","content":"\n \n \n \n NG Energy Provides Bi-Weekly Status Report Regarding Management Cease Trade Order and Update on Annual Financial Statements\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 VANCOUVER, BC\n \n ,\n \n June 1, 2021\n \n /CNW/ -\n \n NG Energy International Corp.\n \n (\"\n \n NGE\n \n \" or the \"\n \n Company\n \n \") (TSXV: GASX) (OTCQX: GASXF) is providing this update with respect to the management cease trade order (\"\n \n MCTO\n \n \") issued by the British Columbia Securities Commission (\"\n \n BCSC\n \n \") on\n \n May 4\n \n , 2021.  The MCTO was issued in connection with the filing of the Company's audited annual financial statements for the year ended\n \n December 31, 2020\n \n and the related management's discussion and analysis (\"\n \n MD&A\n \n \") and certifications (the \"\n \n Annual Filings\n \n \").\n \n \n In a follow up to the Company's bi-weekly status update issued by NGE on\n \n May 18, 2021\n \n , the Company continues to work  toward finalizing its Annual Filings and expects to be in a position to file in June.\n \n \n Furthermore, the Company's interim financial statements for the three months  ended\n \n March 31, 2021\n \n , the accompanying management's discussion and analysis and the related CEO and CFO certifications will not be filed by the prescribed filing deadline and will be filed after the Annual Filings are completed and filed.\n \n \n The  Company  is  providing  this  status  update  in  accordance  with  National  Policy  12-203  Management Cease  Trade  Orders (\"\n \n NP  12-203\n \n \").  The  Company  intends  to  follow  the  provisions  of  the  Alternative  Information Guidelines under NP 12-203, by issuing bi-weekly default status reports in the form of news releases. The Company confirms as of the date of this news release that there has been no material change in the information contained in the default annou...

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