10:25:07 EDT Fri 12 Jul 2024
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or Name

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Maple Leaf Green World Inc
Symbol MGW
Shares Issued 27,477,394
Close 2024-06-20 C$ 0.045
Market Cap C$ 1,236,483
Recent Sedar Documents

Maple Leaf Green has no material changes

2024-06-22 04:28 ET - News Release

Mr. Raymond Lai reports


Maple Leaf Green World Inc. is providing its second biweekly default status report in accordance with National Policy 12-203 (Management Cease Trade Orders).

On April 12, 2024, the company disseminated a news release disclosing that Maple Leaf Green is providing an update to its previously disclosed management cease trade order, initially announced on April 12, 2024, in respect of the consolidated audited financial statements for the period ended Dec. 31, 2023, annual management's discussion and analysis for the same period, and management certifications of annual filings that were not filed by their respective filing deadlines of April 29, 2024.

The annual filings were not filed on or before the filing deadline as the new auditor requires additional time to complete the audit of the company's financial statements.

Management expects to file the financial documents no later than June 30, 2024. The corporation will provide updates as further information relating to the financial documents becomes available.

The MCTO restricts the company's chief executive officer and chief financial officer from trading in the company's securities, but does not affect the ability of other shareholders, including the public, to trade in securities of the company.

The company confirms that, since the date of the default announcement: (i) other than as described above, there has been no material change to the information set out in the default announcement that has not been generally disclosed; (ii) there has been no failure by the company in fulfilling 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 by the company under NP 12-203; and (iv) there is no material information concerning the affairs of the company that has not been generally disclosed.

The company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports in the form of news releases for so long as it remains in default of the above-noted filing requirements.

The company confirms that there is no other material information relating to its affairs that has not been generally disclosed.

About Maple Leaf Green World Inc.

Maple Leaf Green is a public Canadian company that is focused on the health and wellness industry in North America and China. With a strong commitment to promoting holistic well-being and sustainable practices, Maple Leaf Green is dedicated to driving positive change in the industry. The company's portfolio includes a plant-based health and wellness project in Southern California, an essential oil project in China, and investments in renewable energy initiatives. With a long-term vision to expand its renewable energy portfolio, Maple Leaf Green aims to contribute to a greener and more sustainable future. The company's common shares are listed for trading on the Canadian Securities Exchange under the symbol MGW and on the OTCQB market under the symbol MGWFF.

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