Elixxer Ltd.: Revocation of Cease Trade Order
Elixxer (TSXV: ELXR) has announced the revocation of cease trade orders previously issued by the Autorité des Marchés Financiers (AMF) and the Ontario Securities Commission (OSC). The cease trade orders were initially implemented on May 8, 2023, due to the company's failure to file required continuous disclosure documents.
The company has now successfully updated all its continuous disclosure filings, which are available for viewing on SEDAR+. The revocation of the Failure-to-File Cease Trade Orders was granted on April 16, 2025.
Elixxer (TSXV: ELXR) ha annunciato la revoca degli ordini di sospensione delle negoziazioni emessi in precedenza dall'Autorité des Marchés Financiers (AMF) e dalla Ontario Securities Commission (OSC). Questi ordini erano stati inizialmente applicati l'8 maggio 2023 a causa del mancato deposito da parte della società dei documenti di divulgazione continua richiesti.
La società ha ora aggiornato con successo tutte le sue comunicazioni di divulgazione continua, disponibili per la consultazione su SEDAR+. La revoca degli ordini di sospensione per mancato deposito è stata concessa il 16 aprile 2025.
Elixxer (TSXV: ELXR) ha anunciado la revocación de las órdenes de suspensión de negociación previamente emitidas por la Autorité des Marchés Financiers (AMF) y la Ontario Securities Commission (OSC). Estas órdenes de suspensión se implementaron inicialmente el 8 de mayo de 2023 debido a que la empresa no presentó los documentos de divulgación continua requeridos.
La empresa ha actualizado con éxito todas sus presentaciones de divulgación continua, que están disponibles para su consulta en SEDAR+. La revocación de las órdenes de suspensión por incumplimiento de presentación fue concedida el 16 de abril de 2025.
Elixxer (TSXV: ELXR)는 Autorité des Marchés Financiers (AMF)와 Ontario Securities Commission (OSC)가 이전에 발행한 거래 중지 명령이 철회되었음을 발표했습니다. 해당 거래 중지 명령은 회사가 요구된 지속 공시 문서를 제출하지 않아 2023년 5월 8일에 처음 발효되었습니다.
회사는 이제 모든 지속 공시 서류를 성공적으로 업데이트했으며, 이 문서들은 SEDAR+에서 열람할 수 있습니다. 미제출로 인한 거래 중지 명령 철회는 2025년 4월 16일에 승인되었습니다.
Elixxer (TSXV : ELXR) a annoncé la levée des ordres de cessation de négociation précédemment émis par l'Autorité des Marchés Financiers (AMF) et la Ontario Securities Commission (OSC). Ces ordres avaient été initialement mis en place le 8 mai 2023 en raison du non-dépôt par la société des documents de divulgation continue requis.
La société a désormais mis à jour avec succès toutes ses déclarations de divulgation continue, disponibles pour consultation sur SEDAR+. La levée des ordres de cessation de négociation pour défaut de dépôt a été accordée le 16 avril 2025.
Elixxer (TSXV: ELXR) hat die Aufhebung der zuvor von der Autorité des Marchés Financiers (AMF) und der Ontario Securities Commission (OSC) erlassenen Handelsaussetzungsanordnungen bekannt gegeben. Die Handelsaussetzungsanordnungen wurden ursprünglich am 8. Mai 2023 verhängt, da das Unternehmen die erforderlichen kontinuierlichen Offenlegungsunterlagen nicht eingereicht hatte.
Das Unternehmen hat nun alle kontinuierlichen Offenlegungseinreichungen erfolgreich aktualisiert, die auf SEDAR+ eingesehen werden können. Die Aufhebung der Handelsaussetzungsanordnungen wegen Nicht-Einreichung wurde am 16. April 2025 genehmigt.
- Cease trade orders have been revoked, allowing trading to resume
- Company has become compliant with regulatory filing requirements
- Company experienced nearly 2-year trading suspension (May 2023 to April 2025)
- Previous failure to maintain timely disclosure requirements indicates potential governance issues
Montreal, Quebec--(Newsfile Corp. - April 17, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") announced today that the cease trade orders issued by the Autorité des Marches Financiers ("AMF"), as principal regulator, and the Ontario Securities Commission ("OSC"), collectively, the "Cease Trade Orders" have been revoked.
On May 8, 2023, the AMF and the OSC issued the Failure-to-File Cease Trade Orders against the Elixxer as a result of the Company not filing various continuous disclosure documents. The Company's continuous disclosure filings are now current and may be viewed on SEDAR+ (sedarplus.ca).
The Company received a revocation of the Failure-to-File Cease Trade Orders on April 16, 2025.
About Elixxer Ltd.
Elixxer is a Canadian public company listed on the TSX Venture Exchange (TSXV: ELXR) and the US OTCQB exchange (OTCQB: ELIXF). Elixxer is an investment company with investments in Canada and other countries and is currently looking for new high growth opportunities to invest in. Please visit www.elixxer.ca
For further information please contact:
Karim Mecklai, Chief Executive Officer, at 416-877-3153 or karim@elixxer.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward Looking Statements
This press release may contain forward-looking statements with respect to Elixxer and its operations, strategy, investments, financial performance and condition. These statements can generally be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of Elixxer could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, government regulation and the factors described under "Risk Factors and Risk Management" in Elixxer's most recent Management's Discussion and Analysis filed on SEDAR+ (www.sedarplus.ca). The cautionary statements qualify all forward-looking statements attributable to Elixxer and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release, and Elixxer has no obligation to update such statements, except to the extent required by applicable securities laws
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248915
FAQ
What caused the cease trade order for Elixxer stock (ELXF) in 2023?
When was the cease trade order lifted for Elixxer (ELXF)?
Where can investors access Elixxer's (ELXF) updated disclosure documents?
Which regulatory bodies issued the cease trade order against Elixxer (ELXF)?
