Mr.
Murray Keating reports
International Parkside Products Inc. has elected to rely on Coordinated Blanket
Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and move to semi-annual
financial reporting (SAR). By adopting SAR, the company intends to reduce the administrative and financial
burden associated with quarterly reporting and to allocate additional time and resources toward advancing its
business objectives.
Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's
fiscal year-end is July 31. Under the SAR pilot program:
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Interim period: The company will be exempt from filing an interim financial report and related
management discussion and analysis for the first quarter ended Oct. 31, 2026, and the third quarter
ending April 30, 2027.
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Continuing reporting: The company will continue to file audited annual financial statements (due within
120 days of July 31, 2026) and six-month interim financial reports (due within 60 days of Jan. 31,
2027).
The company confirms it meets the eligibility criteria under the blanket order, including that it: (i) is a venture
issuer with its securities listed on the TSX-V; (ii) has annual revenues of less than $10-million as shown on its most
recently filed audited annual financial statements; (iii) has been a reporting issuer in at least one jurisdiction of
Canada for 12 months or more; and (iv) is current with all required periodic and timely continuous disclosure filings
under applicable Canadian securities legislation.
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