leadf
logo-loader
viewTrue Leaf Brands Inc.

True Leaf Brands updates status on filing financial results for fiscal year ended March 31 and for 1Q ended June 30

The company estimates it will file the annual filings on or before September 12 and the interim filings on or before October 1

True Leaf Brands Inc. - True Leaf Brands Inc updates on the status of the filing of its operating and financial results for the fiscal year ended March 31 and for the first quarter ended June 30
The company has entered into an agreement 4033001 and Hemp Technology Inc for the sale of substantially all of the assets of True Leaf Pet Inc

True Leaf Brands Inc (CSE:MJ) (OTCQX:TRLFF) provided Friday updates on the status of the filing of its operating and financial results for the fiscal year ended March 31, accompanying management's discussion and analysis, and related CEO and CFO certifications. 

At the same time, the company also is providing an update on the status of the filing of its operating and financial results for the first quarter ended June 30, accompanying management's discussion and analysis, and related CEO and CFO certifications.

In a statement, True Leaf said it will continue to rely on BC Instrument 51-517 issued by the British Columbia Securities Commission (BCSC), which provides up to a 45-day extension for certain periodic filings normally required to be made by reporting issuers during the period from June 2 to August 31. 

READ: True Leaf Brands enters asset purchase agreement to sell True Leaf Pet

The company estimates that it will file the annual filings on or before September 12 and the interim filings on or before October 13.

The following material business developments of True Leaf have occurred since the company's last update on July 21:

  • On August 5, 2020, True Leaf announced that it obtained Orders from the Supreme Court of British Columbia extending the stay of proceedings in the companies' restructuring proceedings under the Bankruptcy and Insolvency Act (Canada). The stay of proceedings has been extended to September 15.
  • On August 19, 2020, True Leaf announced that, as part of the sales process approved by Order of the British Columbia Supreme Court made on May 13, True Leaf Pet Inc (TLP) has entered into a purchase and sale agreement with 4033001 and Hemp Technology Inc for the sale of substantially all of the assets of TLP.

In connection with utilizing the temporary relief and extensions for issuers provided by the BCSC, True Leaf confirms that its management and other insiders are subject to an insider trading black-out policy that reflects the principles in Section 9 of National Policy 11-207 - Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

Quick facts: True Leaf Brands Inc.

Price: 0.03 CAD

CSE:MJ
Market: CSE
Market Cap: $3.01 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of True Leaf Brands Inc. named herein, including the promotion by the Company of True Leaf Brands Inc. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

True Leaf Brands sees record quarter with their success coming from the Pet...

True Leaf Brands (CSE: MJ) CEO Darcy Bomford joined Steve Darling from Proactive Vancouver on skype with news the company has had a record quarter as they announced their Q-2 financials. Bomford talked about what went right in Q-2 where the revenue is coming from. Bomford also telling...

on 12/02/2019

2 min read