Latest news with #AnnualFilings
Montreal Gazette
4 days ago
- Business
- Montreal Gazette
Aja Health and Wellness Inc. Provides Update on Delay in Filing Financial Statements and Implementation of Cease Trade Order
Not for dissemination in the United States of America VANCOUVER, British Columbia, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Aja Health and Wellness Inc. ("Aja" or the "Company") (TSXV:Aja) announces that the Alberta Securities Commission (the " ASC"), as its principal regulator, has revoked the management cease trade order previously issued to the Company. On August 1, 2025, the ASC issued a Failure-to-File Cease Trade Order (the " FFCTO") prohibiting the trading by any person of any securities of the Company. The FFCTO was issued due to the delayed filing of the Company's annual audited financial statements for the financial year ending December 31, 2024, including the related management's discussion and analysis and certifications from the CEO and CFO (the " Annual Filings") and the Company's unaudited interim financial statements for the three months ended March 31, 2025, the management's discussion and analysis for the same period and management certifications of the interim filings (the " Interim Filings") beyond the April 30, 2025 and May 30, 2025 deadline for the Annual Filings and Interim Filings, respectively. The Company anticipates that the FFCTO will remain in place until such time as the Annual Filings and the Interim Filings are filed. Update on Annual Filings Aja previously announced that the delay in filing the Annual Filings was due to the determination that the previously announced reverse takeover transaction, which closed on September 17, 2024, will be characterized as a series of acquisitions for accounting purposes. This characterization requires a valuation of the purchase price allocation to complete the audited financial statements for the financial year ending December 31, 2024. The valuator continues to work on valuing the purchase price allocation and anticipates having the valuation finalized on or before August 15, 2025. Following receipt of the valuation, the auditors will continue working with the Company to complete the audited financial statements for the financial year ending December 31, 2024. The Company is working to complete the Annual Filings as soon as possible and expects the Annual Filings to be filed on or before August 29, 2025. Update on Interim Filings As a result of the delay in filing the Annual Filings, Aja previously announced that it was unable to file its Interim Filings. Aja is working to complete the Interim Filings as soon as possible and expects the Interim Filings to be filed on or before August 29, 2025. On behalf of the Board of Directors "Sanjeev Parsad" Sanjeev Parsad President, CEO and Director The above may contain "forward-looking information" within the meaning of applicable securities laws. When used in this address, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, readers are cautioned to not place undue reliance on forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of publication of this information and the Company undertakes no obligation to update such forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Furthermore, the Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, contact: This story was originally published August 8, 2025 at 6:28 PM.
Toronto Star
4 days ago
- Business
- Toronto Star
Regenx Provides Bi-Weekly Update on Status of Management Cease Trade Order
EDMONTON, Alberta, Aug. 08, 2025 (GLOBE NEWSWIRE) — Regenx Tech Corp., (the 'Corporation' or 'Regenx') (CSE: RGX) (OTCQB: RGXT) (FSE: YRS WKN: A2DSW3) is providing this bi-weekly update on the status of the application to the Alberta Securities Commission for a management cease trade order, under National Policy 12-203 - Management Cease Trade Orders ('NP 12-203'), following the Corporation's announcement on July 24, 2025 (the 'Announcement') that it will be unable to file its audited annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended March 31, 2025 (the 'Annual Filings') on or before July 29, 2025, as required under applicable securities laws. No decision has been made yet by the Alberta Securities Commission on this application. The Corporation still expects to file the Annual Filings by September 29, 2025. The Corporation confirms that since the date of the Announcement: (i) there has been no material change to the information set out in the Announcement that has not been generally disclosed; (ii) the Corporation is satisfying and confirms that it intends to continue to satisfy the provisions of the 'alternative information guidelines' under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Annual Filings continues, each of which will be issued in the form of a news release; (iii) there has not been any other specified default by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no material information concerning the affairs of the Corporation that has not been generally disclosed.
Toronto Star
5 days ago
- Business
- Toronto Star
Xali Gold Trading Halt
VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — Xali Gold Corp. (TSXV: XGC) ('Xali Gold' or 'the Company') advises that the British Columbia Securities Commission has notified the Company that it has issued a cease trade order ('FFCTO') under Multilateral Instrument 11-103 – Failure-to-File Cease Trade Orders in Multiple Jurisdictions for the Company. The FFCTO was issued as a result of the Company's delay in filing its audited annual financial statements, accompanying management discussion and analysis, and CEO and CFO certifications for the financial year ended March 31, 2025 (the 'Annual Filings') in accordance with applicable Canadian securities laws. The FFTCO prohibits any trading, whether direct or indirect, in respect of each security of the Company in each jurisdiction in Canada until such time as the Company is able to complete the filing of the Annual Filings.
Cision Canada
30-07-2025
- Business
- Cision Canada
Frontenac Mortgage Investment Corporation Provides Update on Outstanding Filings and Annual Meeting
OTTAWA, ON, July 30, 2025 /CNW/ - Frontenac Mortgage Investment Corporation (" FMIC" or the " Company") announces that further to its press release of June 30, 2025, the Company continues to work diligently with MNP LLP (" MNP"), its external auditors, to complete the audit of the Company's annual financial statements for the year ended December 31, 2024. MNP has confirmed to the Company and the Ontario Securities Commission (the " OSC") that they no longer expect to complete their work to permit the Company to file the financial statements, management's discussion and analysis, and related chief executive officer and chief financial officer certificates (the " Annual Filings") by July 29, 2025, as previously advised by MNP. The Company will provide further updates once a new expected completion date for the audit has been communicated. There has been no change to the Company's expectation to file its outstanding unaudited interim financial statements for the three months ended March 31, 2025, management's discussion and analysis, and related chief executive officer and chief financial officer certificates (the " Interim Filings") concurrently with or as soon as practicable after its Annual failure-to-file cease trade order issued against the Company on July 3, 2025, will remain in effect until after the Annual Filings and Interim Filings are filed. Consistent with the its press release of June 30, 2025, the Company continues to expect the Q2 2025 redemption of common shares of the Company pursuant to the pro rata redemption plan outlined in the Company's management information circular dated October 31, 2024 to take place as soon as reasonably practicable after the filing of the Annual Filings and Interim Filings and the revocation by the OSC of its failure-to-file cease trade order against the Company. In light of the delay in filing the Annual Filings, FMIC is postponing its previously announced annual meeting of shareholders, which will no longer be held on August 28, 2025. The Company will announce a new meeting date once the filing date for the Annual Filings is confirmed. Additional information about the Company is available under FMIC's profile on SEDAR+ at About Advanced Capital Corporation Advanced Capital Corporation is a registered exempt market dealer and the Manager of FMIC since May 1, 2025. The firm provides experienced fund oversight, compliance leadership, and investor-focused governance. About Advanced Alternative Lending Advanced Alternative Lending is a mortgage administrator licensed by the Financial Services Regulatory Authority of Ontario, and has served as Administrator for FMIC since May 1, 2025. The firm is responsible for the day-to-day administration and servicing of FMIC's mortgage portfolio with a focus on recovery and resolution. Forward-Looking Statements This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as " forward-looking statements") within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements in respect of MNP's completion of the audit of the Company's annual financial statements for the year ended December 31, 2024; the redemption of outstanding common shares pursuant to the pro rata redemption plan, and the anticipated timing of future redemptions; timing of the filing of the Annual Filings and Interim Filings, the Company's annual meeting, and the revocation of the failure-to-file cease trade order by the OSC; and the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes. Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond FMIC's ability to predict or control, which may cause actual events, results, performance, or achievements of FMIC to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although FMIC believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, FMIC assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise.
Yahoo
30-07-2025
- Business
- Yahoo
JIVA Technologies Announces Filing of Application for Management Cease Trade Order
VANCOUVER, BC, July 29, 2025 /PRNewswire/ -- JIVA Technologies Inc. (CSE: JIVA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("JIVA" or the "Company") announces that it will miss its filing deadline of July 29, 2025 to file audited annual financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended March 31, 2025 (collectively, the "Annual Filings"), as required under applicable Canadian securities laws. In connection with the Company's inability to file the Annual Filings on time, the Company has applied for a Management Cease Trade Order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") and is waiting for the decision of the British Columbia Securities Commission (the "BCSC") with respect to its application. The Company is applying for a MCTO as a result of the Company having been advised by its auditor on July 28, 2025 that the auditor is unable to complete its audit of the Company by the required filing deadline. The Company expects to file the Annual Filings on or about September 29, 2025, but in any event as soon as they are available. The Company will issue a news release once the Annual Filings have been filed. Until the Company files the Annual Filings, it will comply with the alternative information guidelines set out in NP 12-203. The guidelines, among other things, require the Company to issue bi-weekly default status reports, in the form of news releases, for so long as the Annual Filings have not been filed. During the MCTO, the general investing public will continue to be able to trade in the Company's common shares listed on the Canadian Securities Exchange. However, the Company's Chief Executive Officer, Chief Financial Officer, and such other directors, officers and persons as determined by the applicable regulatory authorities will not be able to trade in the Company's common shares, nor will the Company be able to, directly or indirectly, issue securities to or acquire securities from an insider or employee of the Company except in accordance with legally binding obligations to do so existing as of July 30, 2025, being the date of the Company's anticipated continuous disclosure default. The Company is not subject to any insolvency proceedings. If the Company provides any information to any of its creditors during the period in which it is in default of filing the Annual Filings, the Company confirms that it will also file material change reports on SEDAR containing such information. About JIVA Technologies Inc. JIVA Technologies is dedicated to building niche online wellness communities and creating immersive physical environments. With a proven track record in e- commerce marketplaces, bolstered by expert UI/UX design and SEO, JIVA now focuses on joint ventures to support wellness brands in developing their online presence. The company owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy, as well as The Locavore Bar and Grill, a vibrant dining and gathering destination in Squamish, BC. Recently, JIVA became a shareholder in VEG House, a leader in the plant-based space, through a share exchange agreement. Committed to e-commerce, marketing, and wellness, JIVA's mission is to cultivate online communities of like-minded consumers through education and collaboration. The company is actively pursuing joint ventures, such as the recently announced partnership with LIV3 for SugarShield, to empower wellness brands online by building their websites and managing all digital marketing. ContactLorne RapkinChief Executive Officer(416) 419-1415 Neither the Canadian Securities Exchange nor its Regulation Services Provider has reviewed or accepts responsibility for the accuracy or adequacy of this release. Cautionary Note Regarding Forward-Looking Statements This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "expects", "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, management's expectations that it will miss the filing deadline for the Annual Filings, the issuance by the BCSC of an MCTO, and the ability of the Company to file the Annual Filings within the time period described herein. These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the BCSC may not issue an MCTO; the Company being unable file the Annual Filings in the proposed timeframe; recent market volatility; and the state of the financial markets for the Company's securities. In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the BCSC will issue an MCTO and the Company will be able to file the Annual Filings in the proposed time frame. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor. Logo - View original content to download multimedia: SOURCE JIVA Technologies Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
