Liquid Meta Announces Revocation of Cease Trade Order

Rhea-AI Summary

Liquid Meta Capital Holdings Ltd. (LIQD) Announces Revocation of Failure-to-File Cease Trade Order by BCSC. The company's delayed audited annual financial statements and accompanying management discussion and analysis have been filed, leading to the revocation of the FFCTO. The Annual Filings are now available for review on Liquid Meta's SEDAR+ profile at www.sedarplus.ca.

TORONTO, Nov. 15, 2023 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F) (OTCQB: LIQQF) announces that the British Columbia Securities Commission (the "BCSC") has revoked the failure-to-file cease trade order ("FFCTO") issued by the BCSC against the Company and its securities on September 12, 2023 due to the delay in filing its audited annual financial statements, accompanying management discussion and analysis, and CEO and CFO certifications for the financial year ended May 31, 2023 (the "Annual Filings") in accordance with the regulations.  The revocation of the FFCTO is effective as of November 14, 2023.

The Annual Filings have all been filed and are available for review under Liquid Meta's SEDAR+ profile at www.sedarplus.ca.

About Liquid Meta

Prior to discontinuing its operations, Liquid Meta was a DeFi and Web3 focused company developing best-in-class technology and operational expertise allowing it to build a scaled business within proof-of-stake ("PoS") based networks (see "Proof-of-Stake" for more information). Liquid Meta was focused on liquidity mining operations and planned to build proprietary software and tools to access, automate, and scale operations within the fast-growing DeFi segment of the blockchain industry.

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Cautionary Notice

Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.

Forward-Looking statements

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Liquid Meta to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risks Factors" in the Company's Annual Information Form dated as of August 31, 2023 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Liquid Meta disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For further information:

Jonathan Wiesblatt, President, CEO
Liquid Meta Investor Relations
investors@liquidmeta.io
jon@liquidmeta.io

SOURCE Liquid Meta Capital Holdings Ltd

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SOURCE Liquid Meta Capital Holdings Ltd

FAQ

What is the reason for the revocation of the FFCTO by BCSC?

The revocation is due to the filing of Liquid Meta's delayed audited annual financial statements, management discussion and analysis, and CEO and CFO certifications for the financial year ended May 31, 2023.

Where can the Annual Filings be reviewed?

The Annual Filings can be reviewed on Liquid Meta's SEDAR+ profile at www.sedarplus.ca.