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New World Solutions Provides Corporate Update

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New World Solutions (CSE:NEWS, OTC:REGRF, FSE:RT5) provided an update regarding its trading suspension on the Canadian Securities Exchange (CSE). A hearing between the CSE and an affected person, which led to the company's suspension, has been postponed. The hearing, originally scheduled for January 2025, was delayed by the CSE's outside counsel three days before its planned date. The postponement will last at least two weeks. The company stated it will provide additional updates as they become available.

New World Solutions (CSE:NEWS, OTC:REGRF, FSE:RT5) ha fornito un aggiornamento riguardante la sua sospensione dal trading sulla Canadian Securities Exchange (CSE). Un'udienza tra la CSE e una persona interessata, che ha portato alla sospensione dell'azienda, è stata rinviata. L'udienza, originariamente programmata per gennaio 2025, è stata posticipata dall'avvocato esterno della CSE tre giorni prima della data prevista. Il rinvio durerà almeno due settimane. L'azienda ha dichiarato che fornirà ulteriori aggiornamenti non appena saranno disponibili.

New World Solutions (CSE:NEWS, OTC:REGRF, FSE:RT5) proporcionó una actualización sobre su suspensión de operaciones en la Canadian Securities Exchange (CSE). Una audiencia entre la CSE y una persona afectada, que llevó a la suspensión de la compañía, se ha pospuesto. La audiencia, que originalmente estaba programada para enero de 2025, fue retrasada por el abogado externo de la CSE tres días antes de la fecha prevista. El aplazamiento durará al menos dos semanas. La empresa declaró que proporcionará actualizaciones adicionales a medida que estén disponibles.

New World Solutions (CSE:NEWS, OTC:REGRF, FSE:RT5)는 캐나다 증권 거래소(CSE)에서의 거래 중단에 대한 업데이트를 제공했습니다. CSE와 영향을 받은 사람 간의 청문회가 회사의 중단으로 이어졌으며, 이 청문회가 연기되었습니다. 원래 2025년 1월로 예정되었던 청문회는 예정일 세 하루 전에 CSE의 외부 변호사에 의해 연기되었습니다. 연기 기간은 최소 두 주 이상 지속될 것입니다. 회사는 추가 업데이트를 제공할 것이라고 밝혔습니다.

New World Solutions (CSE:NEWS, OTC:REGRF, FSE:RT5) a fourni une mise à jour concernant sa suspension de trading sur la Canadian Securities Exchange (CSE). Une audience entre la CSE et une personne concernée, qui a conduit à la suspension de l'entreprise, a été reportée. L'audience, initialement prévue pour janvier 2025, a été retardée par le conseil extérieur de la CSE trois jours avant la date prévue. Le report durera au moins deux semaines. L'entreprise a indiqué qu'elle fournirait des mises à jour supplémentaires dès qu'elles seraient disponibles.

New World Solutions (CSE:NEWS, OTC:REGRF, FSE:RT5) hat ein Update zu seiner Handelssperre an der Canadian Securities Exchange (CSE) bereitgestellt. Eine Anhörung zwischen der CSE und einer betroffenen Person, die zur Suspendierung des Unternehmens führte, wurde verschoben. Die ursprünglich für Januar 2025 angesetzte Anhörung wurde drei Tage vor dem geplanten Termin von dem externen Berater der CSE verschoben. Die Verschiebung wird mindestens zwei Wochen andauern. Das Unternehmen erklärte, dass es weitere Updates bereitstellen wird, sobald diese verfügbar sind.

Positive
  • None.
Negative
  • Trading remains suspended on CSE
  • Further delay in resolution of suspension due to hearing postponement
  • Uncertainty regarding timeline for resolution

TORONTO, ON / ACCESS Newswire / January 22, 2025 / New World Solutions Inc. (CSE:NEWS)(OTC PINK:REGRF)(FSE:RT5) ("New World" or the "Company") wishes to provide an update on the trading halt and CSE suspension.

As a follow-up to our December 19, 2024 press release, the Company has been advised that the hearing scheduled for January between the Canadian Securities Exchange and an affected person which has resulted in the Company being suspended has been postponed by the Canadian Securities Exchange.

The Company has been informed that the hearing was postponed three days before it was supposed to take place by outside counsel to the Canadian Securities Exchange. The postponement will be for at least two weeks.

The Company will provide further updates as they become available.

About:

dialMKT is addressing the digital transformation of the global luxury wrist watch enthusiast market by developing a blockchain-powered digital ecosystem that integrates content, e-commerce, and community.

The company's video-first content platform WatchReporter.com is produced by watch enthusiasts - for watch enthusiasts and features the latest relevant articles, and videos on: watch auction news, collector interviews, watch reviews, and growing database on buyer guides on vintage and modern watches from the top brands. The newly launched dialMKT.com plans to offer rare and hard-to-find vintage and modern watches at the most competitive prices, with a high level of transparency, and concierge-style service for serious watch enthusiasts.

About New World

New World Solutions is an innovative technology company, driving innovative solutions to new world problems. Through our blockchain and technology experience, we are leveraging solutions in the decentralized finance space as well as the electric vehicle area. We look to acquire and launch a balanced spectrum of solutions to become a leader in this dynamic tech landscape.

For additional information on New World and other corporate information, please visit the company website at https://www.newworldinc.io/.

For further information, please contact:

Paul Haber, C.P.A., C.A., C.Dir
Chief Executive Officer
New World Solutions Inc.
Phone: (416) 318- 6501
Email: phaber@newworldinc.io

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the risks associated with the blockchain in general, the risk that the Transaction will not be completed as contemplated or at all. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

The Canadian Stock Exchange (the "CSE") does not accept responsibility for the adequacy or accuracy of this release.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: New World Solutions Inc.



View the original press release on ACCESS Newswire

FAQ

Why is New World Solutions (REGRF) stock currently suspended from trading?

New World Solutions stock is suspended from trading on the CSE due to an ongoing matter involving the exchange and an affected person. The details of the suspension cause have not been disclosed in the press release.

When will the postponed hearing for REGRF's trading suspension take place?

The exact date is not specified, but the hearing has been postponed for at least two weeks from the original January 2025 date.

What exchanges is New World Solutions (REGRF) listed on?

New World Solutions is listed on the Canadian Securities Exchange (CSE:NEWS), OTC Pink Markets (REGRF), and Frankfurt Stock Exchange (FSE:RT5).

How long has REGRF stock been suspended from trading?

Based on the press release referencing a December 19, 2024 announcement, the suspension has been in effect since at least December 2024.

NEW WORLD SOLUTIONS INC

OTC:REGRF

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Software - Application
Technology
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United States of America
Toronto