Mr. Patrick Butler reports
ZINC8 ENERGY SOLUTIONS ANNOUNCES DELAY IN FILING UNDER CSA INSTRUMENT GOVERNING RELIEF UNDER COVID-19
Zinc8 Energy Solutions Inc., due to circumstances created by the COVID-19 pandemic, will delay the filing of its results for 2019. The British Columbia Securities Commission and other members of the Canadian Securities Administrators granted issuers in the Canadian securities industry up to an additional 45 days to complete year-end statutory filings.
Due to delays associated with COVID-19, the company does not believe that it will be able to file its Dec. 31, 2019, audited annual financial statements by its usual 120-day deadline of April 29, 2020, and will be relying on the extension. Management anticipates the company will file its annual financial statements and management's discussion and analysis on or before June 13, 2020.
As required by the conditions of the extension, the company's management and other insiders will be subject to a trading blackout that reflects the principles in Section 9 of National Policy 11-207 until its financial statements are filed.
All material business developments since the filing of the company's interim financial statements and associated management's discussion and analysis, for the interim period ending on Sept. 30, 2019, have been disclosed by the company by way of news release.
About Zinc8 Energy Solutions Inc.
Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power.
© 2021 Canjex Publishing Ltd. All rights reserved.