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Bevcanna Enterprises Inc
Symbol	BEV
Shares Issued	235,146,033
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Bevcanna files 2022 and Q1, Q2 2023 financials

2023-09-14 19:04 ET - News Release

Subject: BevCanna - News Dissemination (September 14, 2023) Word Document File: '\\swfile\EmailIn\20230914 153946 Attachment BevCanna Announces Completion of Audited 2022 Financial Statements and Filing of Revocation Application with BCSC - Final .DOCX' BevCanna Announces Completion of Audited 2022 Financial Statements, Interim Q1 and Q2 Financial Statements, and Filing of Revocation Application with BCSC Company initiates revocation application VANCOUVER, BC, September 14, 2023. BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) ("BevCanna" or the "Company"), a diversified lifestyle and wellness consumer packaged goods company, is pleased to announce the completion of its audited annual consolidated financial statements for the year ended December 31, 2022, from the Company's auditor Green Growth Partners CPA, and that it has completed the management prepared interim Q1 and Q2 financial statements, and subsequently filed a revocation application with the British Columbia Securities Commission ("BCSC") in relation to the cease trade order that was issued against the Company due to the delayed filing of its annual financial statements. The Company has submitted to the BCSC its annual financial statements, the accompanying Management's Discussion and Analysis and required certifications for the year ended December 31, 2021, the year ended December 31, 2022 (together, the "Annual Filings"), and the Company's interim financial statements for the three-month period ended March 31, 2023, and six-month period ended June 30, 2023 (together, the "Interim Filings" and with the Annual Filings, (the "Filings"). In order to address the cease trade order, the Company has submitted a revocation application to the BCSC. BevCanna is committed to working closely with the BCSC to ensure that the application is processed in a timely manner. "We are pleased to have successfully submitted our Filings to the BCSC and to have initiated the revocation process," said John Campbell, CFO and CSO of BevCanna, "We are committed to working closely with the BCSC to expedite the application process with the goal of resuming trading on the Canadian Securities Exchange shortly thereafter." About BevCanna Enterprises Inc. BevCanna Enterprises Inc. (CSE:BEV, OTC:BVNNF, FSE:7BC) is a diversified lifestyle and wellness consumer packaged goods company. BevCanna develops and manufactures a range of alkaline, mineralized, and cannabinoid beverages and supplements for both in-house brands and white-label clients. Based in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a high capacity 40,000-square-foot, Health Canada and HACCP certified flexible manufacturing facility in Osoyoos, British Columbia. The Company's extensive distribution network includes traditional and regulated retail distribution, and online through its market-leading brands. On behalf of the Board of Directors: John Campbell, Chief Financial Officer and Chief Strategy Officer Director, BevCanna Enterprises Inc. For investor enquiries, please contact: Bryce Allen, BevCanna Enterprises Inc. 778-766-3744 bryce@bevcanna.com Disclaimer for Forward-Looking Information Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including the statements regarding the ability of the Company to have the cease trade order revoked, having its shares resume trading on the Canadian Securities Exchange, and each being done in a timely way. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: inability to address any comments from the BCSC or in a timely way; inability to continue operations while subject to a cease trade order; change in regulations; adverse market conditions; and other factors beyond the control of the parties. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information contained in this news release.