Business
Sunniva Inc. Provides Update On Filing Of First Quarter Financials
Sunniva Inc. Provides Update On Filing Of First Quarter Financials.
About this update from Sunniva Inc
[{"type":"text","content":"\n\n\n\nSunniva Inc. Provides Update On Filing Of First Quarter 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.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\nSunniva Inc. Provides Update On Filing Of First Quarter Financials\nCanada NewsWire\nVANCOUVER, British Columbia, June 2, 2020\n\n\n\nVANCOUVER, British Columbia, June 2, 2020 /CNW/ -- Sunniva Inc. (\"Sunniva\", the \"Company\", \"we\", \"our\" or \"us\") (CSE:SNN) (OTCQB:SNNVF), is providing an update on the status of the filing of its first quarter financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications for the financial quarter ended March 31, 2020 (the \"Quarterly Filings\").\n\n \n \n \n \n \n \n\n \nQuarterly Filing Update\nThe British Columbia Securities Commission has enacted BC Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements (\"BCI 51-515\") which allows for a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020. The Company will be relying on this extension and on the temporary exemption of its Group A filings pursuant to BCI 51-515 in respect to the following provisions:\nthe requirement to file unaudited financial statements for the three months ended March 31, 2020 (the \"Financial Statements\") within 60 days of the Company's financial quarter end as required by section 4.4(b) of NI 51-102 – Continuous Disclosure Requirements (\"NI 51-102\"); the requirement to file management discussion and analysis for the period covered by the Financial Statements within 60 days of the Company's financial quarter end as required by section 5.1(2) of NI 51-102; and the requirement to file certifications of the Financial Statements pursuant to section 5.1 of National Instrument 52-109 – Certification of Disclosure in Issuers' Annual and Int...