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Pond Technologies Announces Filing Postponement of Annual and Interim Financial Statements and Related MD&A due to COVID-19 and Announces Grant of Stock Options
Pond Technologies Announces Filing Postponement of Annual and Interim Financial Statements...
About this update from Pond Technologies Holdings Inc.
[{"type":"text","content":"\n\n\n\nPond Technologies Announces Filing Postponement of Annual and Interim Financial Statements and Related MD&A due to COVID-19 and Announces Grant of Stock Options\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\nPond Technologies Announces Filing Postponement of Annual and Interim Financial Statements and Related MD&A due to COVID-19 and Announces Grant of Stock Options\nCanada NewsWire\nMARKHAM, ON, April 30, 2020\n\n\n\nMARKHAM, ON, April 30, 2020 /CNW/ - Pond Technologies Holdings Inc. (the \"Corporation\" or \"Pond\") (TSX.V: POND), (OTCQB: PNDHF) wishes to provide an update on the coronavirus pandemic (\"COVID-19\") as it affects the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the financial year ended December 31, 2019 (the \"Annual Filings\"), and the filing of its interim financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the first quarter of 2020 ending March 31, 2020 (the \"Interim Filings\").\nOn March 23, 2020, the Alberta Securities Commission (\"ASC\") enacted Blanket Order 51-517 –Temporary Exemption from Certain Corporate Finance Requirements (the \"ASC Temporary Exemption\") providing a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of COVID-19. Pond will be relying on this extension period due to delays experienced as result of COVID-19.\nPond is working diligently with its auditors to file the Annual Filings on or before June 15, 2020 and the Interim Filings on or before July 14, 2020. In the interim, management and other insiders of Pond are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207 - Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.\nAs required by the ASC Temporary Exemption, the Corporation will issue further press releases at 30 day intervals providing updates on material business developme...