Latest news with #RequiredAnnualFilings
Yahoo
3 days ago
- Business
- Yahoo
Santacruz Silver Granted Management Cease Trade Order
VANCOUVER, BC, June 2, 2025 /CNW/ - Santacruz Silver Mining Ltd. (TSXV: SCZ) (OTCQB: SCZMF) (FSE: 1SZ) ("Santacruz" or the "Company") announces that it has applied to, and received from the British Columbia Securities Commission (the "Principal Regulator"), a temporary management cease trade order (the "MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"), on the basis that it was unable to file its interim financial statements, accompanying management's discussion and analysis and required certifications for the interim period ended March 31, 2025 (the "Q1 Required Filings") on or before the prescribed filing deadline of May 30, 2025 (the "Filing Deadline"), as required by National Instrument 51-102 - Continuous Disclosure Obligations and National Instrument 52-109 - Certification of Disclosure in Issuer's Annual and Interim Filings, respectively. The MCTO prohibits trading in securities of the Company by the Chief Executive Officer and Chief Financial Officer of the Company until such time as the Q1 Required Filings and all continuous disclosure requirements have been filed by the Company, and the MCTO has been lifted. During the period in which the MCTO is effective, the general public, who are not insiders of the Company, will continue to be able to trade in the Company's listed securities. As disclosed by the Company in a press release dated May 1, 2025, the Company failed to file its audited financial statements, accompanying management's discussion and analysis and required certifications for the year ended December 31, 2024 (collectively, the "Required Annual Filings") by the filing deadline of April 30, 2025 and was granted an MCTO by the Principal Regulator. The MCTO in connection with the failure to file the Required Annual Filings was revoked by the Principal Regulator on May 29, 2025 upon the Company filing its Required Annual Filings. The Company advises that the failure to file its Q1 Required Filings by the Filing Deadline is due to the Company and its auditor having been primarily focused on completing the preparation and filing of the Required Annual Filings. As a result, the Company and its auditor have not had sufficient time to complete the preparation of the Q1 Required Filings by the Filing Deadline. The Company anticipates that it will be in a position to remedy the default by filing the Q1 Required Filings on or before June 12, 2025. The MCTO will be in effect until the Q1 Required Filings are completed. The Company intends to satisfy the provisions of the alternative information guidelines set out in section 10 of NP 12-203 so long as the Q1 Required Filings are outstanding. About Santacruz Silver Mining Ltd. Santacruz Silver is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. The Zimapan mine is in Mexico. 'signed'Arturo Préstamo Elizondo,Executive Chairman and CEO Neither the 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. Forward Looking Information This news 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 "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" 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, the Company's ability to file subsequent status reports and the Q1 Required Filings and the timing thereof. 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 Company being unable to file the status reports and the Q1 Required 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 Company will be able to file the status reports and the Q1 Required 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 expressed or implied 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. Readers are encouraged to read the Company's continuous disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at SOURCE Santacruz Silver Mining Ltd. View original content to download multimedia:
Hamilton Spectator
28-05-2025
- Business
- Hamilton Spectator
Aja Health and Wellness Inc. Announces Launch of Nasal Product for Migraine Headache Relief and Provides Update on Delay in Filing Financial Statements
Not for dissemination in the United States of America VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) — Aja Health and Wellness Inc. ('Aja' or the 'Company') (TSXV:Aja) announces that its wholly owned subsidiary Aja Therapeutics Inc. ('ATI') is launching a nasal spray product for migraine headache relief. ATI's research and development lab in Atlanta, Georgia has concluded initial testing of the nasal spray and anticipates the product will be released for retail sale in the United States on May 28, 2025. The nasal spray will be available for purchase by United States residents at . 'There are a reported 32 million migraine sufferers in the United States who are looking for an alternative to harsh chemicals for migraine prevention and treatment. ATI's proprietary flavonoid extract and nasal spray application quickly targets pain centers offering fast relief without side effects or risk of long-term damage,' commented Jim Viccars, co-founder and Vice President of ATI. 'With Canada and the United Kingdom reporting 16 million people with migraine issues, this product has global market opportunity,' added Mr. Viccars. Update on Delay in Filing Annual Financial Statements Aja also announces that it is getting closer to filing its 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 'Required Annual Filings'). On May 6, 2025, the Alberta Securities Commission issued a management cease trade order (the 'MCTO') because the Company was unable to file the Required Annual Filings in time to meet the April 30, 2025 filing deadline. Aja previously announced that the delay in filing the Required Annual Filings was due to the auditors of the Company seeking guidance from the auditor's technical committee with respect to the characterization of the previously announced reverse takeover transaction, which closed on September 17, 2024 (the 'RTO'). After consulting with the auditor's technical committee, the auditors determined that the RTO will be characterized as a series of acquisitions for accounting purposes. In connection with the RTO, the auditors require a valuation of the purchase price allocation to complete the audited financial statements for the financial year ending December 31, 2024. The Company is in the process of retaining a valuator to complete the valuation. The Company expects to have a valuator engaged on or before June 2, 2025 and anticipates the valuation will be completed on or before July 4, 2025. The Company expects to file the Required Annual Filings on or before July 31, 2025. While the MCTO restricts all trading in securities of the Company by executive officers of the Company until the MCTO is no longer in effect, regular trading by current and future investors outside the Company continues as normal. The MCTO will be in effect until two full business days after the Required Annual Filings are filed. Until the Required Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 - Management Cease Trade Orders . Update on Filing of Interim Financial Statements As a result of the delay in filing the Required Annual Filings, Aja also announces that it anticipates being unable to file its 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') by the filing deadline of May 30, 2025. Aja is working to complete the Interim Filings as soon as possible and expects the Interim Filings to be filed concurrently with the filing of the Required Annual Filings. 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: Sanjeev Parsad, President and CEO Phone: (604) 678.9115 Fax: (604) 678.9279 E-mail: sparsad@ Web:
Yahoo
27-05-2025
- Business
- Yahoo
Aja Health and Wellness Inc. Announces Launch of Nasal Product for Migraine Headache Relief and Provides Update on Delay in Filing Financial Statements
VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- Aja Health and Wellness Inc. ("Aja" or the "Company") (TSXV:Aja) announces that its wholly owned subsidiary Aja Therapeutics Inc. ("ATI") is launching a nasal spray product for migraine headache relief. ATI's research and development lab in Atlanta, Georgia has concluded initial testing of the nasal spray and anticipates the product will be released for retail sale in the United States on May 28, 2025. The nasal spray will be available for purchase by United States residents at "There are a reported 32 million migraine sufferers in the United States who are looking for an alternative to harsh chemicals for migraine prevention and treatment. ATI's proprietary flavonoid extract and nasal spray application quickly targets pain centers offering fast relief without side effects or risk of long-term damage," commented Jim Viccars, co-founder and Vice President of ATI. "With Canada and the United Kingdom reporting 16 million people with migraine issues, this product has global market opportunity," added Mr. Viccars. Update on Delay in Filing Annual Financial Statements Aja also announces that it is getting closer to filing its 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 "Required Annual Filings"). On May 6, 2025, the Alberta Securities Commission issued a management cease trade order (the "MCTO") because the Company was unable to file the Required Annual Filings in time to meet the April 30, 2025 filing deadline. Aja previously announced that the delay in filing the Required Annual Filings was due to the auditors of the Company seeking guidance from the auditor's technical committee with respect to the characterization of the previously announced reverse takeover transaction, which closed on September 17, 2024 (the "RTO"). After consulting with the auditor's technical committee, the auditors determined that the RTO will be characterized as a series of acquisitions for accounting purposes. In connection with the RTO, the auditors require a valuation of the purchase price allocation to complete the audited financial statements for the financial year ending December 31, 2024. The Company is in the process of retaining a valuator to complete the valuation. The Company expects to have a valuator engaged on or before June 2, 2025 and anticipates the valuation will be completed on or before July 4, 2025. The Company expects to file the Required Annual Filings on or before July 31, 2025. While the MCTO restricts all trading in securities of the Company by executive officers of the Company until the MCTO is no longer in effect, regular trading by current and future investors outside the Company continues as normal. The MCTO will be in effect until two full business days after the Required Annual Filings are filed. Until the Required Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 - Management Cease Trade Orders. Update on Filing of Interim Financial Statements As a result of the delay in filing the Required Annual Filings, Aja also announces that it anticipates being unable to file its 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") by the filing deadline of May 30, 2025. Aja is working to complete the Interim Filings as soon as possible and expects the Interim Filings to be filed concurrently with the filing of the Required Annual Filings. On behalf of the Board of Directors "Sanjeev Parsad" Sanjeev ParsadPresident, 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 further information, contact: Sanjeev Parsad, President and CEOPhone: (604) 678.9115Fax: (604) 678.9279E-mail: sparsad@ 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
Hamilton Spectator
13-05-2025
- Business
- Hamilton Spectator
Aja Health and Wellness Inc. Provides Update on Delay in Filing Annual Financial Statements
Not for dissemination in the United States of America VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — Aja Health and Wellness Inc. ('Aja' or the 'Company') (TSXV:AJA) announces that it is getting closer to filing its 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 'Required Annual Filings'). This is an update from the Company's April 29, 2025, news releases announcing the application to the Alberta Securities Commission (the 'ASC') for a management cease trade order (the 'MCTO') under National Policy 12-203 - Management Cease Trade Orders because the Company was unable to file the Required Annual Filings in time to meet the April 30, 2025, filing deadline. Aja announced that the delay in filing the Required Annual Filings was due to the auditors of the Company seeking guidance from the auditor's technical committee with respect to the characterization of the previously announced reverse takeover transaction, which closed on September 17, 2024 (the 'RTO'). After consulting with the auditor's technical committee, the auditors have determined that the RTO will be characterized as a series of acquisitions for accounting purposes. The auditors are working on finalizing the audited financial statements for the financial year ending December 31, 2024, and the Company expects to file the Required Annual Filings on or before June 13, 2025. While the MCTO restricts all trading in securities of the Company by executive officers of the Company until the MCTO is no longer in effect, regular trading by current and future investors outside the Company continues as normal. The MCTO will be in effect until two full business days after the Required Annual Filings are filed. Until the Required Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 - Management Cease Trade Orders . 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: Sanjeev Parsad, President and CEO Phone: (604) 678.9115 Fax: (604) 678.9279 E-mail: sparsad@ Web:
Yahoo
13-05-2025
- Business
- Yahoo
Aja Health and Wellness Inc. Provides Update on Delay in Filing Annual Financial Statements
VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Aja Health and Wellness Inc. ("Aja" or the "Company") (TSXV:AJA) announces that it is getting closer to filing its 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 "Required Annual Filings"). This is an update from the Company's April 29, 2025, news releases announcing the application to the Alberta Securities Commission (the "ASC") for a management cease trade order (the "MCTO") under National Policy 12-203 - Management Cease Trade Orders because the Company was unable to file the Required Annual Filings in time to meet the April 30, 2025, filing deadline. Aja announced that the delay in filing the Required Annual Filings was due to the auditors of the Company seeking guidance from the auditor's technical committee with respect to the characterization of the previously announced reverse takeover transaction, which closed on September 17, 2024 (the "RTO"). After consulting with the auditor's technical committee, the auditors have determined that the RTO will be characterized as a series of acquisitions for accounting purposes. The auditors are working on finalizing the audited financial statements for the financial year ending December 31, 2024, and the Company expects to file the Required Annual Filings on or before June 13, 2025. While the MCTO restricts all trading in securities of the Company by executive officers of the Company until the MCTO is no longer in effect, regular trading by current and future investors outside the Company continues as normal. The MCTO will be in effect until two full business days after the Required Annual Filings are filed. Until the Required Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 - Management Cease Trade Orders. On behalf of the Board of Directors "Sanjeev Parsad" Sanjeev ParsadPresident, 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: Sanjeev Parsad, President and CEOPhone: (604) 678.9115Fax: (604) 678.9279E-mail: sparsad@ 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
