Business
Sonoro Energy Ltd Announces Reliance on the Temporary Extension to Public Company Filing Deadline
(via TheNewswire) Calgary, Alberta - TheNewswire - May 28 , 2020 - Sonoro En...
About this update from Sonoro Energy Ltd.
[{"type":"text","content":"Sonoro Energy Ltd Announces Reliance on the Temporary Extension to Public Company Filing Deadline(via TheNewswire)\n \n \nCalgary, Alberta - TheNewswire - May 28, 2020 - Sonoro Energy Ltd (the \"Corporation \"or \"Sonoro\") (TSXV:SNV) announces that the Corporation will be relying on the temporary 45-day extension to the filing deadline of its interim financial statements, management's discussion and analysis (\"MD&A\") and the certifications of the Financial Statements (\"Certificates\") for the three months ended March 31, 2020 granted by the Alberta Securities Commission in response to Covid-19. The notice released states 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.\n\n \n \nAs per National Instrument 51-102, continuous Disclosure Obligations, the Company was to file its interim financials, MD&A and Certifications for the three months ending March 31, 2020 within 60 days after the end of the Company's interim period. Relying on Blanket Order 51-517, affording the Company an additional 45 days from the deadline to file.\n\n \n \nThe Company is continuing to work diligently to file the Interim Filings by June 14, 2020.\n\n\n \nThere have been no undisclosed material business developments since the filing of the Annual Financial Statements for the period ended December 31, 2019.\n\n \n \nThe Company acknowledges that management and other insiders are subject to an insider trading black-out policy, that reflects the principles in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions (National Policy 11-207), until the second trading day after the Interim Filings have been disclosed. \n\n \n \nForward-looking Statements\n\n\n \nCertain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as \"may,\" \"should,\" \"anticipate,\" \"expects,\" \"estimates,\" \"seeks\" and similar expressions. In particular, without limiting the generality of the for...