Nepra Foods Provides Status Update for Filing Annual Financial Statements
Nepra Foods Inc. (CSE:NPRA, OTC Pink:NPRFF) has provided an update on the filing of its audited financial statements for the fiscal year ended March 31, 2024. The company is experiencing additional delays in finalizing the audit due to scheduling and staffing issues. Nepra now expects to file the Required Documents by August 30, 2024.
The company is currently under a management cease trade order (MCTO) issued by the British Columbia Securities Commission on July 30, 2024. This MCTO restricts the CEO and CFO from trading company securities until the Required Documents are filed and the MCTO is revoked. Other shareholders' ability to trade remains unaffected.
Nepra Foods confirms that there have been no material changes to the information in the default announcement issued on August 2, 2023, and the company continues to comply with the alternative reporting guidelines under National Policy 12-203.
Nepra Foods Inc. (CSE:NPRA, OTC Pink:NPRFF) ha fornito un aggiornamento riguardo alla presentazione dei suoi bilanci finanziari auditati per l'anno fiscale conclusosi il 31 marzo 2024. L'azienda sta affrontando ulteriori ritardi nel completare l'audit a causa di problemi di programmazione e personale. Nepra ora prevede di presentare i documenti necessari entro il 30 agosto 2024.
L'azienda è attualmente soggetta a un ordine di cessazione del commercio da parte della direzione (MCTO) emesso dalla British Columbia Securities Commission il 30 luglio 2024. Questo MCTO limita il CEO e il CFO dal negoziare titoli aziendali fino a quando i documenti richiesti non verranno presentati e il MCTO non sarà revocato. La capacità degli altri azionisti di negoziare rimane inalterata.
Nepra Foods conferma che non ci sono stati cambiamenti materiali alle informazioni presenti nell'annuncio di default emesso il 2 agosto 2023, e l'azienda continua a rispettare le linee guida alternative di reporting ai sensi della National Policy 12-203.
Nepra Foods Inc. (CSE:NPRA, OTC Pink:NPRFF) ha proporcionado una actualización sobre la presentación de sus estados financieros auditados para el año fiscal finalizado el 31 de marzo de 2024. La compañía está experimentando retrasos adicionales en la finalización de la auditoría debido a problemas de programación y personal. Nepra ahora espera presentar los documentos requeridos para el 30 de agosto de 2024.
La empresa se encuentra actualmente bajo una orden de cese de comercio de la dirección (MCTO) emitida por la British Columbia Securities Commission el 30 de julio de 2024. Este MCTO restringe al CEO y al CFO de negociar valores de la empresa hasta que se presenten los documentos requeridos y se revoque el MCTO. La capacidad de otros accionistas para negociar permanece sin cambios.
Nepra Foods confirma que no ha habido cambios materiales en la información del anuncio de incumplimiento emitido el 2 de agosto de 2023, y la empresa continúa cumpliendo con las pautas de informes alternativas bajo la Política Nacional 12-203.
네프라 푸드 주식회사(Nepra Foods Inc. CSE:NPRA, OTC Pink:NPRFF)는 2024년 3월 31일 종료된 회계 연도의 감사 재무제표 제출에 대한 업데이트를 제공했습니다. 회사는 일정 및 인력 문제로 인해 추가 지연을 겪고 있습니다. 네프라는 이제 2024년 8월 30일까지 필요한 문서를 제출할 것으로 예상하고 있습니다.
회사는 현재 2024년 7월 30일 브리티시 컬럼비아 증권위원회(British Columbia Securities Commission)에 의해 발행된 경영 중지 거래 명령(MCTO)을 받고 있습니다. 이 MCTO는 CEO와 CFO가 필요한 문서가 제출되어 MCTO가 철회될 때까지 회사 증권을 거래하지 못하도록 제한합니다. 다른 주주들의 거래 능력은 영향을 받지 않습니다.
네프라 푸드는 2023년 8월 2일에 발행된 기본 위반 발표의 정보에 실질적인 변경 사항이 없다고 확인하며, 회사는 국가 정책 12-203에 따른 대체 보고 지침을 계속 준수하고 있습니다.
Nepra Foods Inc. (CSE:NPRA, OTC Pink:NPRFF) a fourni une mise à jour concernant le dépôt de ses états financiers audités pour l'exercice clos le 31 mars 2024. L'entreprise rencontre des délai supplémentaires dans la finalisation de l'audit en raison de problèmes de planification et de personnel. Nepra s'attend désormais à déposer les documents requis d'ici le 30 août 2024.
L'entreprise est actuellement sous un arrêt de commerce de gestion (MCTO) émis par la British Columbia Securities Commission le 30 juillet 2024. Ce MCTO interdit au PDG et au directeur financier de négocier des titres de l'entreprise jusqu'à ce que les documents requis soient déposés et que le MCTO soit levé. La capacité d'autres actionnaires à négocier reste inchangée.
Nepra Foods confirme qu'il n'y a eu aucun changement matériel dans les informations contenues dans l'annonce de défaut publiée le 2 août 2023, et l'entreprise continue de se conformer aux lignes directrices de reporting alternatif selon la Politique nationale 12-203.
Nepra Foods Inc. (CSE:NPRA, OTC Pink:NPRFF) hat ein Update zur Einreichung seiner abschlussprüften Finanzberichte für das Ende des Geschäftsjahres am 31. März 2024 bereitgestellt. Das Unternehmen hat zusätzliche Verzögerungen bei der Fertigstellung der Prüfung aufgrund von Termin- und Personalproblemen. Nepra erwartet nun, die erforderlichen Unterlagen bis zum 30. August 2024 einzureichen.
Das Unternehmen befindet sich derzeit unter einer Unternehmensführungs-Handelsverbot (MCTO), die am 30. Juli 2024 von der British Columbia Securities Commission erlassen wurde. Dieses MCTO untersagt es dem CEO und CFO, Unternehmenswerte zu handeln, bis die erforderlichen Dokumente eingereicht und das MCTO aufgehoben wurde. Die Handelsfähigkeit anderer Aktionäre bleibt unberührt.
Nepra Foods bestätigt, dass es keine wesentlichen Änderungen an den Informationen im am 2. August 2023 veröffentlichten Ausfallhinweis gegeben hat und das Unternehmen weiterhin die alternativen Berichtsvorgaben gemäß der National Policy 12-203 einhält.
- None.
- Additional delays in filing audited financial statements
- Management cease trade order (MCTO) in effect
- Scheduling and staffing issues causing audit delays
VANCOUVER, BC / ACCESSWIRE / August 13, 2024 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC Pink:NPRFF) ("Nepra Foods" or the "Company") is providing an update with respect to the expected timeline for filing its audited financial statements for the fiscal year ended March 31, 2024, the related management's discussion and analysis and certificates of its CEO and CFO (collectively, the "Required Documents") and its previously announced management cease trade order ("MCTO") issued by the Company's principal regulator, the British Columbia Securities Commission (the "BCSC"), on July 30, 2024.
The Company and its auditors continue to work diligently to file the Required Documents as soon as they are available. There have been additional delays finalizing the audit due to scheduling and staffing issues. The Company now expects to file the Required Documents on or before August 30, 2024.
As previously announced, pursuant to the MCTO, the CEO and CFO 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 National Policy 12-203 - Management Cease Trade Orders ("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 August 2, 2023 (the "Default Announcement") that would reasonably be expected to be material to an investor; (b) there have been no failures by the Company to fulfill its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines under 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 Nepra Foods
Nepra Foods is specialty food company focused on innovative and proprietary allergen and gluten-free food ingredient technologies. The company supports food manufactures globally with formulations, ingredients and technical support for the production of the next generation of healthy, nutritious foods. For more information on the company, visit www.neprafoods.com.
ON BEHALF OF THE BOARD OF DIRECTORS
William Hogan, CEO & Director
investors@neprafoods.com
Investor Relations Toll-free (844) 566-1917
The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include, without limitation, statements related to the completion of the Consolidation. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Nepra Foods
View the original press release on accesswire.com
FAQ
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