Subject: Fwd: HARY
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File: Attachment Harrys Manufacturing Inc. - News Release - Bi-Weekly Status Report -Management Cease Trade Order - December 15 2025 (003).pdf
HARRYS PROVIDES BI-WEEKLY STATUS REPORT IN ACCORDANCE WITH
NATIONAL POLICY 12-203 MANAGEMENT CEASE TRADE ORDERS ("NP 12-203")
Vancouver, British Columbia, December 15, 2025 Harrys Manufacturing Inc. (CSE: HARY) (the
"Company", "Harrys", "we" or "our" or "us"), a national cigarette company in Canada, is providing this
bi-weekly 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 December 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 (collectively, the "Annual Financial Filings") were not filed by the required filing deadline
of November 28, 2025.
The Company has applied to the applicable securities regulatory authorities and received a management
cease trade order ("MCTO") imposed against the Chief Executive Officer and Chief Financial Officer 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
January 27, 2026 (the "Filing Deadline").
The Company confirms that since December 1, 2025, being the date, the Company announced the issuance
of the MCTO (the "MCTO Announcement"): (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 bi-weekly 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:
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, Harrys'
management team collaborates with distribution and retail partners who prioritize their customers' needs.
LEGAL_48258285.1
ON BEHALF OF THE BOARD
Nick Brusatore
CEO
For further information, please contact:
Corporate Communications
Telephone: 604-356-0411
Email: harrysmfg@gmail.com
www.harrysmfg.com
Information in this news release concerning the Company's products is intended for the exclusive use
of market investors and is not in any way intended to promote tobacco products to consumers, which is
prohibited by Canadian law.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for
the adequacy or accuracy of this news release.
Forward Looking Statements
This news release includes certain statements that may be deemed "forward-looking statements". All statements in
this news release, other than statements of historical facts, that address events or developments that the Company
expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes",
"intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will",
"would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in the forward-looking statements. Factors that could
cause the actual results to differ materially from those in forward-looking statements include market prices, continued
availability of capital and financing, and general economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance and actual results or developments may differ
materially from those projected in the forward-looking statements. Forward-looking statements are based on the
beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required
by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in
the event that management's beliefs, estimates or opinions, or other factors, should change.
LEGAL_48258285.1
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