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Pioneering Technology Provides Update on 2020 Q2 Financial Results

Pioneering Technology Provides Update on 2020 Q2 Financial Results Canada NewsWire...

articlePioneering Technology Corp.June 1, 20203/company/pioneering-technology-corp/news/pioneering-technology-provides-update-on-2020-q2-financial-results
Pioneering Technology Provides Update on 2020 Q2 Financial Results

About this update from Pioneering Technology Corp.

[{"type":"text","content":"\n\n\n\nPioneering Technology Provides Update on 2020 Q2 Financial Results\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\nMISSISSAUGA, ON, June 1, 2020\n\n\n\nMISSISSAUGA, ON, June 1, 2020 /CNW/ - Pioneering Technology Corp. (TSXV: PTE) (\"Pioneering\" or the \"Company\"), a technology company and North America's leader in cooking fire prevention technology and products, today announced that it intends to rely on the temporary blanket relief for market participants published on March 23, 2020 (the \"Blanket Order\") by the Canadian Securities Administrators (the \"CSA\") which provides for a 45-day extension to file its interim financial statements and interim Quarterly Management Discussion and Analysis (\"MD&A\") for the second quarter ended March 31, 2020 (the \"Q2 2020 Filings\").\n\n \n \n \n \n \n \n\n \nThe Company is relying on the temporary exemption granted pursuant to section 7 of Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements with respect to the requirement to file the Q2 2020 Filings as per sections 4.4 and 5.1(2) of National Instrument 51-102 Continuous Disclosure Obligations and section 5.1 of National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. The Company expects to file the Q2 2020 Filings no later than June 5, 2020.\nUntil the Q2 2020 Filings are filed, management and other insiders of the Company are subject to a trading black-out policy that reflects the principles of section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.\nOther than as previously disclosed by the Company, there have been no material business developments since March 2, 2020, the date the Company's unaudited interim financial statements for the quarter ended December 31, 2019 were filed.\nAbout Pioneering Technology Corp: Pioneering, based in Mississauga, Ontario is an \"energy smart\" technology company and North America's leader in innovative cooking fire prevention technologies and products. Our mission is simp...

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