03:11:39 EDT Tue 23 Apr 2024
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Naturally Splendid postpones filing Q1 financials

2020-06-02 01:31 ET - News Release

Mr. J. Craig Goodwin reports

NATURALLY SPLENDID EXTENDS FILING DEADLINE FOR INTERIM FINANCIAL STATEMENTS AND MD&A

Naturally Splendid Enterprises Ltd., due to circumstances created by the COVID-19 pandemic measures, will be delaying the filing of its first quarter interim financial statements and related management discussion and analysis for the period ended March 31, 2020, until a date that is on or before July 15, 2020.

The company confirms that no material business developments have occurred since filing of the company's interim financial statements for the three- and nine-month periods ended Sept. 30, 2019, and, should material business developments occur, the company will update shareholders accordingly.

All company executives, directors and insiders will be subject to a trading blackout policy that reflects the principles in Section 9 of National Policy 11-207, Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

The company is relying on local blank orders issued by the British Columbia and Alberta securities commissions for the following: (a) the requirement to file interim financial statements as at and for the three months ended March 31, 2020, pursuant to sections 4.4(b) and 4.6 of National Instrument 51-102; and (b) the requirement to file interim management discussion and analysis as at and for the three months ended March 31, 2020, pursuant to sections 5.1 and 5.6 of NI 51-102. The blanket orders permit reporting issuers to extend the filing deadlines under securities laws by 45 days.

About Naturally Splendid Enterprises Ltd.

Naturally Splendid owns and operates a Safe Quality Food Level 2 food manufacturing facility and has established numerous healthy, functional foods under recognized brands such as Natera Sport, Natera Hemp Foods, Chii, Elevate Me and Woods Wild Bar.

We seek Safe Harbor.

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