ATW Provides Second Bi-Weekly Default Status Update
14 7월 2020 - 2:05AM
ATW Tech Inc. ("
ATW" or the
"
Corporation") is providing this second bi-weekly
default status report in accordance with National Policy 12-203
Management Cease Trade Orders ("
NP 12-203"). In
its initial default announcement of June 16, 2020, the Corporation
announced the delay in the filing of its annual audited
financial statements, annual management’s discussion and analysis
and related certifications for the year ended December 31, 2019
(collectively the "
Required Documents") by the
filing deadline provided for under the temporary exemption granted
under decision N°2020-PDG-0023 issued by the Autorité des marchés
financiers (“
AMF Temporary Exemption"). The
Corporation subsequently provided a bi-weekly default status report
on June 29, 2020. As previously announced, the Corporation’s
principal regulator, the Autorité des marchés financiers (the
“
AMF”) granted a management cease trade order (the
"
MCTO") on June 16, 2020, under NP 12-203.
Pursuant to the MCTO, Carlos Bedran, Michel Guay and Louis Lessard
may not trade in securities of the Corporation until such time as
the Corporation files, and the AMF revokes the MCTO. The MCTO does
not affect the ability of other shareholders to trade their
securities.
The Corporation’s Board of Directors and
management confirm that they are working expeditiously to file the
Required Documents and expect to do so on or prior to July 15,
2020, and further confirm that the Corporation has now filed an
application with the AMF for a new management cease trade order
(the "MCTO") with respect to the filing of its
interim financial statements and accompanying management’s
discussion and analysis, and related CEO and CFO certifications,
for the first quarter of 2020 ending March 31, 2020 (collectively
the “Interim Documents”).
The Corporation confirms that there are no
insolvency proceedings against it as of the date of this press
release and also confirms that since the Corporation’s news release
dated June 16, 2020, there is no other material information
respecting the Corporation’s affairs that has not been generally
disclosed, including in the press release of June 2, 2020,
regarding the delay in filing of its Interim Documents.
Until the Required Disclosure has been filed,
the Corporation intends to continue to satisfy the provisions of
the alternative information guidelines specified in NP 12-203 by
issuing bi-weekly default status reports in the form of further
press releases for so long as the Corporation remains in default of
the periodic disclosure filing requirements. In the event that the
Corporation does not file the Required Disclosure, the Canadian
Securities Regulatory Authorities may impose an issuer cease trade
order on the outstanding securities of the Corporation.
Additional information regarding ATW is
available on SEDAR www.sedar.com. The TSX Venture Exchange and its
Regulatory Services provider (as per meaning assigned to this term
in TSX Venture Exchange’s policies) bear no liability as to the
relevance or accuracy of this press release.
ABOUT ATW
ATW Tech (TSX-V: ATW) is a leader in financial
technologies (‘fintech’), owner of several web platforms including
VoxTel and Option.vote. VoxTel offers various interactive
communication, landline and mobile carrier billing phone solutions.
Option.vote offers a large scale, customizable, and secure
multi-method voting system for unions, political parties,
professional associations, and others looking for a way to reduce
their voting costs and to improve their participation rates.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For further information, please contact:
ATW Tech Inc.Michel GuayFounder, president and
CEOTel.: 844.298.5932 ext.
301mguay@atwtech.com www.atwtech.com
ATW Tech (TSXV:ATW)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
ATW Tech (TSXV:ATW)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024