Eat Well Investment Group Inc. Provides Further Update on Timing of Audit & Year End 2021 Financials
Eat Well Investment Group Inc. (CSE: EWG, US: EWGFF) provided an update on the expected timeline for filing its audited annual financial statements for the year ending November 30, 2021. The Company anticipates completing and filing the Required Documents by June 10, 2022, due to additional delays. The management cease trade order (MCTO) remains in effect, preventing the CEO and CFO from trading in Company securities until the Required Documents are filed. As of the release date, no significant changes or defaults were reported.
- Anticipated filing of Required Documents by June 10, 2022.
- No material changes reported since the last Default Announcement.
- Delays in filing financial statements.
- Management cease trade order (MCTO) remains in effect.
While the Company and its auditors continue to work diligently to file the Required Documents as soon as they are available, certain additional delays have occurred. The Company presently anticipates being able to complete and file the Required Documents no later than
As previously announced, pursuant to the MCTO, the Chief Executive Officer and Chief Financial Officer of the Company may not trade in securities of the Company until such time as the Company files the Required Documents and the BCSC revokes the MCTO. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company.
Pursuant to the provisions of the alternative information guidelines specified in NP 12-203, the Company confirms that, as of the date of this news release: (a) there have been no material changes to the information contained in the default announcement issued on
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About Eat Well
Eat Well is a publicly-traded investment company primarily focused on high-growth companies in the agribusiness, food tech, plant-based and ESG (environmental, social and governance) sectors. Eat Well’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for greater than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns.
Disclaimer for Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian and
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.
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