Nepra Foods Provides Status Update for Filing Annual Financial Statements
Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC Pink:NPRFF) has provided an update regarding the filing of its audited financial statements for the fiscal year ended March 31, 2024. The company expects to file the Required Documents by August 29, 2024. A management cease trade order (MCTO) issued by the British Columbia Securities Commission on July 30, 2024, remains in effect, prohibiting the CEO and CFO from trading company securities until the Required Documents are filed and the MCTO is revoked. The company confirms compliance with the alternative information guidelines specified in National Policy 12-203, stating no material changes or additional defaults since the initial announcement on August 2, 2023.
Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC Pink:NPRFF) ha fornito un aggiornamento riguardo la presentazione dei suoi bilanci auditati per l'anno fiscale chiuso il 31 marzo 2024. L'azienda prevede di presentare i Documenti Necessari entro il 29 agosto 2024. Un ordine di cessazione della negoziazione da parte della direzione (MCTO) emesso dalla British Columbia Securities Commission il 30 luglio 2024 rimane in vigore, vietando al CEO e al CFO di negoziare valori mobiliari della società fino a quando i Documenti Necessari non saranno presentati e l'MCTO non sarà revocato. L'azienda conferma la conformità con le linee guida alternative per le informazioni specificate nella National Policy 12-203, dichiarando che non ci sono state modifiche sostanziali o ulteriori inadempienze dalla comunicazione iniziale del 2 agosto 2023.
Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC Pink:NPRFF) ha proporcionado una actualización sobre la presentación de sus estados financieros auditados para el año fiscal que finalizó el 31 de marzo de 2024. La empresa espera presentar los Documentos Requeridos antes del 29 de agosto de 2024. Una orden de cesación de comercio por parte de la dirección (MCTO) emitida por la Comisión de Valores de Columbia Británica el 30 de julio de 2024 sigue en vigor, prohibiendo al CEO y al CFO negociar valores de la compañía hasta que los Documentos Requeridos sean presentados y la MCTO sea revocada. La empresa confirma el cumplimiento de las directrices de información alternativa especificadas en la Política Nacional 12-203, afirmando que no ha habido cambios materiales ni incumplimientos adicionales desde el anuncio inicial del 2 de agosto de 2023.
네프라 푸드 주식회사(Nepra Foods Inc.) (CSE:NPRA)(FSE:2P6)(OTC Pink:NPRFF)는 2024년 3월 31일로 종료된 회계연도의 감사 재무제표 제출에 대한 업데이트를 제공했습니다. 회사는 필수 문서를 2024년 8월 29일까지 제출할 것으로 예상하고 있습니다. 2024년 7월 30일 브리티시컬럼비아 증권위원회(British Columbia Securities Commission)에서 발행한 관리 중단 거래 명령(MCTO)는 여전히 유효하며, CEO와 CFO는 필수 문서가 제출되고 MCTO가 해제될 때까지 회사의 유가증권 거래를 금지합니다. 회사는 2023년 8월 2일의 최초 발표 이후로 중대한 변경사항이나 추가적인 불이행이 없다고 밝혀, 국가 정책 12-203에 명시된 대체 정보 지침 준수를 확인합니다.
Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(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. La société prévoit de soumettre les Documents Requis d'ici le 29 août 2024. Un ordre d'arrêt de négociation par la direction (MCTO) émis par la Commission des valeurs mobilières de la Colombie-Britannique le 30 juillet 2024 reste en vigueur, interdisant au PDG et au directeur financier de négocier des titres de la société jusqu'à ce que les Documents Requis soient déposés et que le MCTO soit révoqué. L'entreprise confirme sa conformité avec les lignes directrices d'information alternative spécifiées dans la Politique Nationale 12-203, affirmant qu'il n'y a eu aucun changement matériel ou défaut supplémentaire depuis l'annonce initiale du 2 août 2023.
Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC Pink:NPRFF) hat ein Update bezüglich der Einreichung ihrer geprüften Finanzberichte für das am 31. März 2024 endende Geschäftsjahr bereitgestellt. Das Unternehmen plant die Einreichung der benötigten Dokumente bis zum 29. August 2024. Eine am 30. Juli 2024 von der British Columbia Securities Commission erlassene Management-Cease-Trade-Order (MCTO) bleibt in Kraft und verbietet dem CEO und CFO den Handel mit Unternehmenswertpapieren, bis die benötigten Dokumente eingereicht und die MCTO aufgehoben wird. Das Unternehmen bestätigt die Einhaltung der alternativen Informationsrichtlinien, die in der National Policy 12-203 festgelegt sind, und erklärt, dass es seit der ersten Bekanntgabe am 2. August 2023 keine wesentlichen Änderungen oder weiteren Verstöße gegeben hat.
- Company expects to file Required Documents by August 29, 2024
- Delay in filing audited financial statements for fiscal year ended March 31, 2024
- Management cease trade order (MCTO) in effect, restricting CEO and CFO from trading company securities
VANCOUVER, BC / ACCESSWIRE / August 27, 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. The Company expects to file the Required Documents on or before August 29, 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 filing of the Required Documents before the prescribed deadline. 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 Inc.
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FAQ
When does Nepra Foods (NPRFF) expect to file its audited financial statements for the fiscal year ended March 31, 2024?
What is the current status of the management cease trade order (MCTO) for Nepra Foods (NPRFF)?
Has Nepra Foods (NPRFF) reported any material changes since its default announcement on August 2, 2023?
Does the management cease trade order (MCTO) affect other shareholders of Nepra Foods (NPRFF)?
