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Christina Lake Cannabis Announces Filing of Q1 Financial Statements

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Christina Lake Cannabis Corp. (CLC) has announced the filing of its Q1 financial statements for the period ending February 29, 2024, on SEDAR. The filings include the management discussion and analysis and CEO/CFO certifications. The management cease trade order from April 3, 2024, has been revoked, allowing company directors and officers to trade CLC securities again.

Positive
  • CLC filed its Q1 financial statements, management discussion and analysis, and related certifications on SEDAR.
  • The management cease trade order from April 3, 2024, was revoked, permitting company directors and officers to resume trading.
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  • None.

VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. ("CLC" or the "Company") (CSE: CLC) is pleased to confirm that further to its news releases dated April 3, 2024, April 17, 2024, May 1, 2024, May 15, 2024, May 29, 2024, June 3, 2024, and June 18, 2024 (the "Releases"), the Company has filed on SEDAR its Q1 financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the period ended February 29, 2024 (the "Quarterly Filings"). The Quarterly Filings can be obtained on the Company's SEDAR profile at www.sedarplus.ca.

The management cease trade order formerly granted on April 3, 2024, by applicable securities regulatory authorities, has been revoked and directors and officers of the Company will be permitted to trade securities of the Company.

ABOUT CLC

Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act. It has secured a standard cultivation license and corresponding processing amendment from Health Canada (March 2020 and August 2020, respectively) as well as a research and development license (early 2020). Christina Lake Cannabis’ facility consists of a 32-acre property, which includes over 950,000 square feet of outdoor grow space, offices, propagation and drying rooms, research facilities, and a facility dedicated to processing and extraction. Christina Lake Cannabis also owns a 99-acre plot of land adjoining its principal site. CLC focuses its production on creating high quality extracts and distillate for its B2B client base with proprietary strains specifically developed for outdoor cultivation to enhance extraction quality.

For more information about CLC, please visit: www.christinalakecannabis.com

Jennifer Smith
Investor Relations and Media Inquiries
investors@clcannabis.com
902-229-7265

Forward Looking Information and Risk Factors

This news release contains statements and information that may constitute "forward-looking information" within the meaning of applicable securities legislation, including statements identified by the use of words such as "will", "expects", "positions", "believe", "potential" and similar words, including negatives thereof, or other similar expressions concerning matters that are not historical facts.

Such forward-looking information is not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

The forward-looking information contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this notice.


FAQ

What financial documents did Christina Lake Cannabis (CLCFF) file for Q1 2024?

Christina Lake Cannabis (CLCFF) filed its Q1 financial statements, management discussion and analysis, and CEO/CFO certifications on SEDAR.

Where can I find Christina Lake Cannabis (CLCFF) Q1 2024 financial statements?

You can find Christina Lake Cannabis (CLCFF) Q1 2024 financial statements on the company's SEDAR profile at www.sedarplus.ca.

When was the management cease trade order for Christina Lake Cannabis (CLCFF) revoked?

The management cease trade order for Christina Lake Cannabis (CLCFF) was revoked on June 25, 2024.

Are Christina Lake Cannabis (CLCFF) directors and officers allowed to trade securities again?

Yes, the management cease trade order was revoked, allowing directors and officers of Christina Lake Cannabis (CLCFF) to trade securities again.

CHRISTINA LAKE CANNABIS

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