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Petro-Victory Provides Update on Timing of Release of Year End Results and Q1 Financials
Petro-Victory Provides Update on Timing of Release of Year End Results and Q1 Financials ...
About this update from Petro-victory Energy Corp Class A
[{"type":"text","content":"\n\n\n\nPetro-Victory Provides Update on Timing of Release of Year End Results and Q1 Financials\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\nCALGARY, June 1, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./\n CALGARY, June 1, 2020 /CNW/ - Petro-Victory Energy Corp. (\"Petro-Victory\" or the \"Company\") (TSX-V: VRY) announces that, further to its news releases dated April 29, 2020 and May 11, 2020, it intends to file its Annual Audited Financial Statements and Management's Discussion & Analysis for the year ended December 31, 2019 (the \"Year-End Documents\") by no later than June 15, 2020 and its Interim Financial Statements and Management's Discussion & Analysis for the quarter ended March 31, 2020 (the \"Q1 Documents\") by no later than July 14, 2020. The delivery and filing of the Year-End Documents and the Q1 Documents were postponed due to logistics and delays caused by the COVID-19 pandemic. \n\n \n \n \n \n \n \n\n \nPetro-Victory is relying on exemptive relief granted by Alberta Securities Commission Blanket Order 51-517 that allows the Company to delay the filing of the Year-End Documents, required by sections 4.2 and 4.6(3) of National Instrument 51-102 (\"NI 51-102\") by April 29, 2020, and the filing of the Q1 Documents, required by sections 4.4 and 4.6(3) of NI 51-102 by May 30, 2020. In response to the COVID-19 pandemic, securities regulatory authorities in Canada have granted a blanket exemption allowing issuers an additional 45 days to complete their regulatory filings.\nUntil the ‎Company has filed its Year-End Documents, members of the Company's management and other ‎insiders are subject to an insider trading black-out period as per its internal Insider Trading Policy ‎that is consistent with the principles in Section 9 of National Policy 11-207 - Failure-to-File ‎Cease ‎Trade Orders and Revocations in Multiple Jurisdictions. \nThe Co...