Elcora Announces Filing of Annual and Interim Financial Statements
Elcora Advanced Materials has announced the filing of its delayed financial statements. The company has completed and submitted its audited annual financial statements for the year ended March 31, 2024, and its interim financial statements for the period ended June 30, 2024, along with related management discussions and certifications. The previously issued Management Cease Trade Order (MCTO) by the Nova Scotia Securities Commission remains in effect until revoked, with trading restrictions continuing for the company's executives and directors until regulatory requirements are met.
Elcora Advanced Materials ha annunciato il deposito dei suoi bilanci finanziari in ritardo. L'azienda ha completato e presentato i suoi bilanci finanziari annuali auditati per l'anno terminato il 31 marzo 2024 e i suoi bilanci finanziari intermedi per il periodo terminato il 30 giugno 2024, insieme alle relative discussioni gestionali e certificazioni. L'Ordine di Cessazione delle Operazioni gestito (MCTO) precedentemente emesso dalla Nova Scotia Securities Commission rimane in vigore fino a revoca, con restrizioni sulle negoziazioni che continuano per i dirigenti e i direttori dell'azienda fino al soddisfacimento dei requisiti normativi.
Elcora Advanced Materials ha anunciado la presentación de sus estados financieros retrasados. La compañía ha completado y presentado sus estados financieros anuales auditados para el año finalizado el 31 de marzo de 2024, y sus estados financieros interinos para el período finalizado el 30 de junio de 2024, junto con las discusiones y certificaciones de gestión relacionadas. La Orden de Cese de Comercio (MCTO) emitida previamente por la Comisión de Valores de Nueva Escocia sigue en vigor hasta su revocación, con restricciones de comercio que continúan para los ejecutivos y directores de la empresa hasta que se cumplan los requisitos regulatorios.
Elcora Advanced Materials는 연체된 재무제표의 제출을 발표했습니다. 회사는 2024년 3월 31일에 종료된 연간 감사 재무제표와 2024년 6월 30일에 종료된 중간 재무제표를 완료하고 제출했으며, 관련 경영 논의 및 인증서도 포함됩니다. 노바스코샤 증권위원회에 의해 이전에 발행된 경영 거래 중지 명령 (MCTO)는 철회될 때까지 유효하며, 회사의 임원 및 이사에 대한 거래 제한은 규제 요구 사항이 충족될 때까지 계속됩니다.
Elcora Advanced Materials a annoncé le dépôt de ses états financiers en retard. L'entreprise a complété et soumis ses états financiers annuels audités pour l'année se terminant le 31 mars 2024, ainsi que ses états financiers intermédiaires pour la période se terminant le 30 juin 2024, accompagnés de discussions de gestion et de certifications connexes. L'Ordonnance de Cessation de Commerce (MCTO) précédemment émise par la Commission des valeurs mobilières de la Nouvelle-Écosse reste en vigueur jusqu'à révocation, avec des restrictions de négociation pour les cadres et les directeurs de l'entreprise jusqu'à ce que les exigences réglementaires soient satisfaites.
Elcora Advanced Materials hat die Einreichung seiner verspäteten Finanzberichte bekannt gegeben. Das Unternehmen hat seine testierten Jahresfinanzberichte für das am 31. März 2024 endende Jahr sowie seine Zwischenfinanzberichte für den Zeitraum bis zum 30. Juni 2024 abgeschlossen und eingereicht, zusammen mit den entsprechenden Managementdiskussionen und Zertifikaten. Die zuvor von der Nova Scotia Securities Commission erlassene Management Cease Trade Order (MCTO) bleibt bis zur Aufhebung in Kraft, wobei die Handelsbeschränkungen für die Führungskräfte und Direktoren des Unternehmens bis zur Erfüllung der regulatorischen Anforderungen bestehen bleiben.
- Company has filed all required financial statements, demonstrating compliance progress
- Management Cease Trade Order (MCTO) remains in effect, restricting executives' trading
- Company failed to meet original filing deadlines for both annual and interim statements
HALIFAX, Nova Scotia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the "Company" or "Elcora"), provides an update with respect to the previously announced Management Cease Trade Order (the "MCTO") that was issued by the Nova Scotia Securities Commission (the “Commission”) on July 30, 2024. The Company confirms that as of today it has completed and filed its audited annual financial statements for the year ended March 31, 2024, and the management's discussion and analysis and related CEO and CFO certificates for the period which were required to be filed on or before July 29, 2024. The Company also confirms today that it has filed its interim financials statements for the period ended June 30, 2024 and the management's discussion and analysis and related CEO and CFO certificates for the period which were required to be filed on or before August 29, 2024.
The MCTO will remain in effect until the Commission’s Executive Director (the “Executive Director”) has revoked the MCTO. The Company’s CEO, CFO, and directors will continue to cease in trading of the Company’s securities until two full business days has passed following the receipt by the Commission of all filings the Company is required to make under Nova Scotia securities laws, or further order of the Executive Director.
Furthermore, the Company confirms that since the date of the Default Announcement, other than as described above: (a) there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (b) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (c) there has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the Default Announcement; and (d) there is no other material information concerning the affairs of the Company that has not been generally disclosed.
About Elcora Advanced Materials Corp.
Elcora was founded in 2011 and has been structured to become a vertically integrated battery material company. Elcora can process, refine, and produce battery related minerals and metals. As part of the vertical integration strategy Elcora has developed a cost-effective process to purify high-quality battery metals and minerals that are commercially scalable. This combination means that Elcora has the tools and resources for vertical integration of the battery minerals and metals industry.
For further information please visit the company's website at:
For further information please contact: Troy Grant, Director, President & CEO, Elcora Advanced Materials Corp., T: +1 902 802-8847
Qualifying Statements: Klaus Leiders P. Eng., a qualified person as defined by National Instrument 43-101, approves the technical information contained in this news release.
CAUTIONARY STATEMENT:
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora’s expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators.
Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon.
FAQ
When did Elcora (ECORF) file its delayed financial statements?
What is the current status of Elcora's (ECORF) Management Cease Trade Order?
When were Elcora's (ECORF) financial statements originally due?
