An anonymous director reports
VERSUS PROVIDES FINANCIAL STATEMENT FILING UPDATE
Versus Systems Inc. is providing an update on the status of its interim financial statements, accompanying management's discussion and analysis, and related officer certifications for the first quarter ended March 31, 2020.
The Company previously announced on April 29, 2020 that it will be relying on the blanket relief granted by the Canadian Securities Administrators under BC Instrument 51-515, Temporary Exemption from Certain Corporate Finance Requirements, which provides a maximum 45-day extension in respect to the following provisions due to challenges created by the COVID-19 pandemic: The requirement to file its Interim Filings as per sections 4.4(b) and 5.1(2) of NI 51-102 and section 5.1 of NI 52-109
As previously announced, the Company expects to file the Interim Filings no later than July 15, 2020.
Until the Company has filed the required financial statements and management's discussion and analysis, members of the Company's management and other insiders are subject to a trading blackout reflecting the principles contained in section 9 of National Policy 11-207 - Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions.
The Company confirms that there have been no material developments, other than those disclosed through news releases, since April 29, 2020, when the Company announced it would rely on BC Instrument 51-515.
About Versus Systems
Versus Systems, Inc. has developed - a proprietary in-game prizing and promotions engine that allows game publishers and developers to offer in-game prizing across mobile, console, PC games, and streaming media. Brands pay to place products in-game and gamers compete for those prizes.
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