BTQ Files Audited Annual Financial Statements

Rhea-AI Summary

BTQ Technologies has filed its audited annual financial statements for the fiscal year ending December 31, 2023, along with associated management's discussion, analysis, and certifications. The comprehensive filing also includes the annual information financial form. These documents were submitted on June 4, 2024, and are accessible on the company's SEDAR page.

Positive

• Audited financial statements ensure transparency and compliance.
• Management's discussion and analysis provide insights into operational performance and strategic direction.
• Certifications enhance the credibility and reliability of the financial information.
• Availability of information on SEDAR increases accessibility for investors and stakeholders.

Negative

• Delayed filing may indicate potential issues in financial management or auditing processes.
• No mention of financial performance details such as revenue, profit, or loss, which leaves investors uncertain about the company's financial health.
• Absence of forward-looking statements or strategic updates, which could aid investor decision-making.

VANCOUVER, BC, June 4, 2024 /PRNewswire/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF) has filed its audited annual financial statements for the year ended December 31, 2023 and associated management's discussion and analysis and certifications, along with its annual information financial form for the year ended December 31, 2023 (collectively, the "Annual Filings"). The Company filed the Annual Filings on June 4, 2024, which can be found on the Company's SEDAR page

About BTQ

BTQ was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.

Connect with BTQ: Website | LinkedIn

ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman

Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates an projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the documents disclosed under the Company's filings at www.sedarplus.ca.

The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

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SOURCE BTQ Technologies Corp.

FAQ

What did BTQ Technologies file on June 4, 2024?

BTQ Technologies filed its audited annual financial statements for the year ending December 31, 2023, along with management's discussion and analysis, certifications, and the annual information financial form.

Where can I find BTQ Technologies' audited annual financial statements?

The audited annual financial statements can be found on BTQ Technologies' SEDAR page.

What period do BTQ Technologies' audited financial statements cover?

The audited financial statements cover the fiscal year ending December 31, 2023.

What does the filing include besides the financial statements?

Besides the financial statements, the filing includes management's discussion and analysis, certifications, and the annual information financial form.

What stock symbol is associated with BTQ Technologies in the filing?

The stock symbol associated with BTQ Technologies in the filing is BTQQF.