Mr. Alex Somjen reports
GLOBAL CARE CAPITAL INC. PROVIDES UPDATE ON Q1 FILING AND FILING OF BUSINESS ACQUISITION REPORT FOR VIRAXCLEAR
Global Care Capital Inc., further to its news release dated May 28, 2020, is expecting to file its interim financial statements, accompanying management's discussion and analysis, and related chief executive officer and chief financial officer certifications for the three-month period ended March 31, 2020, by the extension date of July 16, 2020, pursuant to British Columbia Instrument 51-515 (Temporary Exemption from Certain Corporate Finance Requirements) and continues to work diligently to file the interim filings by July 16, 2020.
Business Acquisition Report
The Company will also be relying on the temporary exemption pursuant to BCI 51-515 in respect of the filing of a Business Acquisition Report ("BAR"), which would otherwise be due on July 1, 2020 and is now expected to be filed no later than August 15, 2020. The BAR relates to the acquisition of ViraxClear that closed on April 17, 2020.
The Company confirms that there have been no material developments, other than those disclosed through news releases and Form 7 Monthly Progress Reports filed on the Company's profile with the Canadian Securities Exchange, since the filing of its annual financial statements for the year ended December 31, 2019.
Additionally, the Company advises that management and other insiders of the Company are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207 Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
About Global Care
Global Care Capital is a global investment company which specializes in providing early stage financing to private and public companies. The Company engages in new, early stage investment opportunities in previously underdeveloped assets and obtaining positions in early stage investment opportunities that adequately reflect the risk profile.
We seek Safe Harbor.
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