Mr. Andrew Jacklin reports
AGI ANNOUNCES GRANT OF MANAGEMENT CEASE TRADE ORDER AND PROVIDES BI-WEEKLY STATUS REPORT
Ag Growth International Inc. is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 -- Management Cease Trade Orders.
As previously announced on Nov. 13, 2025, the company applied for a management cease trade order (MCTO) with the applicable securities regulatory authorities in Canada, due to a delay in the filing of the company's unaudited interim financial statements for the three and nine months ended Sept. 30, 2025 (the Q3 financial statements), and related management's discussion and analysis (the MD&A) and chief executive officer and chief financial officer certifications (collectively with the Q3 financial statements and the MD&A, the required filings) past the prescribed deadline of Nov. 14, 2025. On Nov. 14, 2025, the company's principal regulator, the Manitoba Securities Commission, granted the company a MCTO.
The MCTO restricts the company's chief executive officer and chief financial officer from all trading in securities of the company until such time as the required filings have been filed by the company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the company to trade in securities of the company. The company is continuing to work diligently to complete the required filings and anticipates, but cannot assure, that these filings will be finalized and filed by Jan. 13, 2026.
The company confirms that since the date of the announcement: (i) there has been no material change to the information set out in the announcement that would reasonably be expected to be material to an investor; (ii) there has not been any other specified default by the company under NP 12-203; (iii) the company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines as set out in NP 12-203 for as long as it remains in default, including the issuance of biweekly default status reports in the form of a news release; and (iv) there is no material information concerning the affairs of the company that has not been generally disclosed.
About Ag Growth International Inc.
Ag Growth is a provider of the equipment and solutions required to support the efficient storage, transport and processing of food globally. Ag Growth has manufacturing facilities in Canada, the United States, Brazil, India, France and Italy, and distributes its product worldwide.
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