Business
Vitality Announces Delay in Filing of Annual Disclosure Documents Due to COVID-19
Vitality Announces Delay in Filing of Annual Disclosure Documents Due to COVID-19 ...
About this update from Vitality Products Inc.
[{"type":"text","content":"\n\n\n\nVitality Announces Delay in Filing of Annual Disclosure Documents Due to COVID-19\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\nVANCOUVER, May 27, 2020\n\n\n\nTSX-V Trading Symbol:  VPI\n VANCOUVER, May 27, 2020 /CNW/ - Vitality Products Inc. (the \"Company\" or \"Vitality\") announces that British Columbia Securities Commission has adopted the BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements (the \"Blanket Exemption Order\") for the purpose of providing certain filing and other relief to issuers in light of the challenges posted by the COVID-19 pandemic.  The Company is relying on the Blanket Exemption Order and will delay (i) the filing of its annual financial statements and related management discussion and analysis for the year ended January 31, 2020 (collectively, the \"Required Annual Filings\"), and (ii) compliance with the delivery requirements of applicable securities laws relating to the Required Annual Filings.\n\n \n \n \n \n \n \n\n \nThe Company currently intends to make the Required Annual Filings by June 18, 2020.  The Company will be providing an updated news release on the status of filing its January 31, 2020 audited financial statements if the Required Annual Filings are not made by then.  The Company is adopting the Blanket Exemption Order due to required social distancing rules and challenges of home-based work by the Company and its Auditor to provide safety for all employees.  The Company looks forward to releasing its results.\nPursuant to the Blanket Exemption Order, the Company's management and other insiders will be subject to a 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 until the Required Annual Filings are filed on SEDAR.\nOther than as previously disclosed by the Company in news releases, including the information herein, there are no other material business developments since December 30, 2019, the date of the Company's most r...