Li-Metal Corp. Provides Bi-Weekly Status on Management Cease Trade Order
Li-Metal Corp. Provides Bi-Weekly Status on Management Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - August 1, 2024) - Li-Metal Corp. (CSE: LIM) (OTCQB: LIMFF) (FSE: 5ZO) ("Li-Metal" or the "Company"), is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").
多伦多, 安大略省-- (Newsfile corp.- 2024年8月1日) - Li-Metal corp. (CSE: LIM) (OTCQB: LIMFF) (FSE: 5ZO) ("Li-Metal" 或 "公司") 根据 National policy 12-203-管理停止交易命令 ("NP 12-203") 设立的替代信息指导方针提供了一个默认状态报告。
As previously announced on July 17, 2024 (the "Default Announcement"), the Company applied for a management cease trade order ("MCTO") from the Ontario Securities Commission ("OSC") due to an expected delay in filing the Company's annual financial statements (the "Financial Statements"), management's discussion and analysis relating to the Financial Statements and related officer certifications for the financial year ended March 31, 2024 (collectively, the "Annual Filing Documents"). The MCTO was granted by the OSC on July 30, 2024 and the Company continues to work closely with its auditor and expects to file the Annual Filing Documents as soon as possible, and in any event no later than August 9, 2024.
根据之前在2024年7月17日发布的《默认公告》,由于预计公司年度财务报表("基本报表")、管理层关于基本报表的讨论和分析和截至2024年3月31日的财务年度证明(统称为"年度报告文件")的交介可能会延迟,公司向安大略证券委员会提交了管理层停止交易( "MCTO") 订单申请。2024年7月30日,安大略证券委员会批准了该 MCTO 订单,并继续密切与审计师合作,预计尽快提交年度报告文件,最迟不迟于 2024 年 8 月 9 日之前。
The MCTO prohibits the Company's Chief Executive Officer, Chief Financial Officer, and such other directors, officers and persons as determined by the applicable regulatory authorities, from trading, directly or indirectly, in the securities of the Company. The Company will also not be able to, directly or indirectly, issue securities to or acquire securities from an insider or employee of the Company until such time as the Annual Filing Documents and all continuous disclosure requirements have been filed by the Company, and the MCTO has been lifted. The MCTO does not affect the ability of any other securityholders of the Company to trade securities of the Company.
管理停止交易命令(MCTO)禁止公司的首席执行官、首席财务官和由适当的监管机构确定的其他董事、官员和人员,直接或间接地交易公司的证券。公司也不能直接或间接地向公司内部人员或员工发行证券或从其购买证券,直到公司提交了年度报告文件和所有持续的披露要求,并且 MCTO 被解除。MCTO不影响公司其他股东交易公司的证券的能力。
The Company confirms that: (a) there are no changes to the information contained in the Default Announcement that would reasonably be expected to be material to an investor; (b) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Annual Filing Documents is continuing, each of which will be issued in the form of a press release; (c) there has not been any other specified default by the Company under NP 12-203; (d) there is no other material information concerning the affairs of the Company that has not been generally disclosed.
公司确认: (a)在默认公告中包含的信息没有任何变化,该信息对投资者影响不大; (b)公司正在满足并确认其将继续遵守 NP 12-203 下的替代信息指导方针,并就持续延迟提交年度报告文件发表每周两次的默认状态报告,每次以新闻发布的形式; (c) 在 NP 12-203 下没有任何其他特定的违约事项; (d)未公开的公司其他事务也没有任何其他重要信息。
The Company is working to complete the Annual Filing Documents and will continue to issue bi-weekly default status reports as required.
公司正在努力完成年度报告文件,并将继续根据需要发表每周两次的默认状态报告。
About Li-Metal Corp.
关于Li-Metal Corp。
Li-Metal is a Canadian-based vertically integrated battery materials company and innovator commercializing technologies to enable next-generation batteries for electric vehicles and other applications. We believe our patented lithium metal technology, next-generation battery anode technology and production methods are significantly more sustainable than existing solutions and offer lighter, more energy-dense and safer batteries. Li-Metal's battery materials support battery developers' ability to power more cost-effective electric vehicles that go farther and unlock the future of transportation. For more information, visit: .
Li-Metal 是一家位于加拿大的垂直整合电池材料公司和创新者,正在商业化技术,以实现下一代电动车和其他应用的电池。 我们相信我们的专利锂金属技术,下一代电池阳极技术和生产方法比现有解决方案更可持续,提供更轻,更高能量密度和更安全的电池。 Li-Metal 的电池材料支持电池开发商开发更具成本效益的电动车,这些电动车行驶距离更远,并打开了交通未来的大门。有关更多信息,请访问:
Forward-Looking Information
前瞻性信息
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as "expects", "anticipates", "believes", "projects", "plans" and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking information in this news release includes statements related to the Company's ability to complete the audit and file the Annual Filing Documents, the timing for completion and filing of the Annual Filing Documents, if at all, the Company's ability to comply with the provisions set out in NP 12-203, and the Company's ability to continue to issue bi-weekly default status reports. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.
本新闻稿包含公司的"前瞻性信息",涉及到公司的适用证券法律。任何此类前瞻性语句都可以通过"期望"、"预计"、"相信"、"计划"等类似表达方式确定。读者应该谨慎对待前瞻性语句。这篇新闻稿中的前瞻性信息包括与公司完成审计并提交年度报告文件,如有的话,完成和提交年度报告文件的时间,公司能否遵守 NP 12-203 所述的条文,以及公司能否继续发表每两周一次的默认状态报告。这些声明不应被视为未来绩效或结果的保证。这些声明包含已知和未知的风险、不确定性和其他因素,可能导致实际结果、表现或成果与前瞻性声明所暗示的结果、表现或成果存在实质性差异。公司假设无需更新或修订前瞻性信息,以反映新事件或情况,除非适用法律要求。
For further information, please contact:
如需更多信息,请联系:
Keshav Kochhar, Interim CEO
Telephone: +1 647 494 4887
Email: ir@li-metal.com
Keshav Kochhar,临时首席执行官
电话:+1 647 494 4887
电子邮件:ir@li-metal.com