Mr. Nick Brusatore reports
HARRYS PROVIDES BI-WEEKLY STATUS REPORT IN ACCORDANCE WITH NATIONAL POLICY 12-203 MANAGEMENT CEASE TRADE ORDERS ("NP 12-203")
Harrys Manufacturing Inc. is providing this
biweekly status report of its management cease trade order in accordance with National Policy 12-203,
Management Cease Trade Orders. As described in the company's initial news release on Dec. 1,
2025, the filing of its audited annual financial statements for the year ended July 31, 2025, including the
related management discussion and analysis, and chief executive officer and chief financial officer
certifications, was not completed by the required filing deadline
of Nov. 28, 2025.
The company has applied to the applicable securities regulatory authorities and received a management
cease trade order (MCTO) imposed against the CEO and CFO of
the company precluding him from trading securities of the company. The MCTO will be in effect until
the annual financial filings are filed and requires that the annual financial filings be filed on or before
Jan. 27, 2026.
The company confirms that since Dec. 1, 2025, being the date the company announced the issuance
of the MCTO: (i) there has been no material change to the information
contained in the MCTO announcement; (ii) there has been no failure to fulfill its stated intentions with
respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii)
there has not been any other specified default subsequent by the company under NP 12-203; and (iv) there
is no other material information concerning the affairs of the company that has not been generally
disclosed.
The company is working on the steps required to complete the annual financial filings and expects to be
able to file the annual financial filings by the filing deadline. The company will provide updates as
further information relating to the annual financial filings becomes available.
Until the annual financial filings are filed, the company intends to issue biweekly default status reports
in accordance with National Policy 12-203, Management Cease Trade Orders. The company intends to
satisfy the provisions of the alternative information guidelines during the period it remains in default of
the filing requirements. The company confirms that there is no other material information relating to its
affairs that has not been generally disclosed.
About Harrys Manufacturing Ltd.
Harrys provides value to its shareholders by meeting the preferences of adult tobacco consumers who seek
a high-quality Canadian product at an affordable price. With over 15 years of industry experience, the company's
management team collaborates with distribution and retail partners that prioritize their customers' needs.
We seek Safe Harbor.
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