Planet Based Foods Provides Bi-Weekly MCTO Status Update
Planet Based Foods Provides Bi-Weekly MCTO Status Update
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2024) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) ("Planet Based Foods" or the "Company"), a company that offers a wide range of hemp-based food alternatives, is providing a bi-weekly default status update in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").
溫哥華,不列顛哥倫比亞省--(Newsfile Corp.,2024年5月31日)--Planet Based Foods Global Inc.(CSE:PBF)(OTC Pink:PBFFF)(FSE:AZ00)("Planet Based Foods"),一個提供各種大麻股食品替代品的公司,正在根據《國家政策12-203》提供每兩週一次的默認狀態更新。Planet Based Foods"或"公司提供各種基於大麻的食品替代品的公司“”,根據國家12-203號政策提供雙週性的默認狀態更新。管理層停止交易命令 ("NP 12-203").
The Company announced via news release dated May 2, 2024 (the "Default Announcement") that it had submitted an application to the British Columbia Securities Commission (the "BCSC") for a management cease trade order (the "MCTO") pursuant to NP 12-203. The application for the MCTO was made in connection with the delay in filing the Company's audited annual financial statements for the year ended December 31, 2023, the related management's discussion and analysis and CEO and CFO certifications (such filings, collectively, the "Annual Filings"), which were required to be filed on or before April 29, 2024.
該公司於2024年5月2日的新聞發佈中宣佈("Default Announcement"),申請獲得英屬哥倫比亞證券委員會("BCSC")根據NP 12-203頒佈的管理停止交易令("MCTO")。申請MCTO是因爲未能在2024年4月29日或之前提交截至於2023年12月31日的審計年度財務報表,相關管理層討論和分析以及CEO和CFO的認證(這些申報,總稱爲"Annual Filings")。Default Announcement該公司已向卑詩省證券委員會("BCSC") 提交了一份申請,說明它已經遞交了管理停止交易令("MCTO")的申請。BCSC根據NP 12-203,該公司已提交了一項管理停止交易令申請("MCTO")。MCTO有關MCTO的申請是由於未能按照要求在2024年4月29日或之前提交公司截至2023年12月31日的審計年度財務報表、相關的管理討論和分析以及CEO和CFO的證明文件(統稱爲"基本報表")。Annual Filings這些報表應該在2024年4月29日或之前提交。
The MCTO was issued by the BCSC on May 1, 2024. It prevents 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 MCTO will remain in effect until two full business days following the receipt by the OSC of all filings the Corporation is required to make under Ontario securities law, including the Annual Filings. The Company currently anticipates the completion of the audit and the filing of the Annual Filings by June 28, 2024.
BCSC於2024年5月1日頒發了MCTO。它阻止了公司的首席執行官和首席財務官進行公司證券的交易,但不影響其他股東,包括公衆,進行公司證券的交易。MCTO將在安省證券法(包括年度申報)要求公司提交所有文件的兩個完整工作日之後繼續生效。公司目前預計將於2024年6月28日完成審計並提交年度申報。
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 other material information concerning the affairs of the Company that has not been generally disclosed.
公司確認自"Default Announcement"以來:(i)除上述事項外,未披露任何未在"Default Announcement"中設置的重大變化信息; (ii)公司沒有違反履行NP 12-203規定中替代信息指南的規定;(iii)公司在NP 12-203下沒有其他特定的違約行爲;(iv)沒有其他未公開的有關公司事務的重要信息。
The Company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly default status reports in the form of news releases for so long as it remains delayed in filing the Annual Filings.
公司確認將繼續遵守NP 12-203下的替代性信息指南的規定,通過發佈新聞報道的方式發行雙週性的默認狀態報告,只要它在提交年度文件方面延遲。
About Planet Based Foods
關於Planet Based Foods
The Company, through its wholly-owned subsidiary in San Diego, California, Planet Based Foods, is a producer of sustainable plant-based food alternatives. Planet Based Foods was founded in 2018 in San Diego, California, with a mission to build a better food system by providing hemp-formulated superfood products to people today that support our planet tomorrow. All Planet Based Foods products are 100% vegan. Planet Based Foods creates clean, non-GMO, nutrient-dense food built for the future: the first line of plant-based foods with sustainable hemp as the number-one ingredient. Founded by former nutrition coach and cannabis marketer Braelyn Davis, food scientist and plant-based pioneer Robert Davis, and restaurant industry veteran Ted Cash, the company aims to establish hemp as a nutrient-dense protein source to feed the world sustainably for generations to come. Planet Based Foods' suite of products includes its new consumer line of nutritious frozen foods, plant-based food ingredients and handheld comfort foods for food service and restaurants.
該公司通過其位於加利福尼亞州聖地亞哥的全資子公司Planet Based Foods,是可持續的植物性食品替代品生產商。Planet Based Foods成立於2018年,總部設在加利福尼亞州聖地亞哥,旨在通過爲今天的人提供支持我們明天星球的大麻股製作的超級食品產品來構建更好的食品系統。所有Planet Based Foods的產品都是100%素食主義者。Planet Based Foods創建了乾淨,非轉基因,營養密集的食品,專爲未來而設計:以可持續大麻股爲主要成分的第一系列植物性食品。該公司由前營養教練和大麻股營銷人員Braelyn Davis,食品科學家和植物性食品先驅Robert Davis以及餐飲行業老將Ted Cash成立,旨在將大麻股確立爲餵養未來幾代人可持續的營養密集的蛋白質來源。Planet Based Foods的產品系列包括其新的消費者線營養豐富的冷凍食品,用於食品服務和餐廳的植物性食品成分和手持舒適食品。
Additional information about the Company is available on SEDAR+ (). To subscribe to automated email alerts for future news and public filings, visit the Planet Based Foods website at .
有關公司的其他信息可在SEDAR+()上獲取。要訂閱未來新聞和公共申報的自動電子郵件警報,請訪問Planet Based Foods網站()。
On Behalf of the Board
董事會代表
Braelyn Davis
CEO and Co-Founder
Braelyn Davis
首席執行官兼聯合創始人
Contact:
info@planetbasedfoods.com
聯繫方式:
info@planetbasedfoods.com
Forward-Looking Statements
前瞻性聲明
Certain statements included in this news release constitute "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" under applicable Canadian securities laws (collectively, "forward-looking statements"). Such statements include those identified by the expressions "anticipate", "assume" "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. These forward-looking statements or information relate to, among other things, the Offering and the closing thereof. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, development of the industry in which the Company operates; risks associated with the conduct of the Company's business activities; risks relating to reliance on the Company's management team and outside contractors; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; laws and regulations governing the industry in which the Company operates; operating or technical difficulties; employee relations, labour unrest or unavailability; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and other risk factors disclosed in the Company's public disclosure documents available on the Company's profile at . Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend and does not assume any obligation to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information other than as required by applicable law.
本新聞發佈中所包含的某些聲明構成美國1995年《私人證券訴訟改革法》和適用的加拿大證券法下的“前瞻性聲明”,亦稱“前瞻性信息”。這些聲明包括被表達爲“預計”、“承擔”、“認爲”、“計劃”、“估計”、“期望”、“打算”、“可能”、“應該”或類似表述的表述。這些前瞻性聲明不是歷史事實,而是反映了關於未來結果或事件的當前預期。這些前瞻性聲明或信息涉及發行和關閉等事項。這些表態反映了公司關於未來事件的當前看法,必然基於許多其他假設和估計,雖然管理層認爲這些假設和估計是合理的,但它們本質上存在重大的商業、經濟、競爭、政治和社會不確定性和偶然性。許多已知和未知的因素都可能導致實際結果、表現或成就與此類前瞻性聲明或前瞻性信息所表達或暗示的結果、表現或成就存在實質性差異,而公司已經根據或與許多這些因素相關的假設和估計進行了假設和估計。這些因素包括但不限於,公司所處行業的發展;與公司業務活動有關的風險;關於依賴公司的管理團隊和外部承包商的風險;貨幣波動;有關未能從運營產生充足的現金流的風險;監管公司所處行業的法律和法規;營運或技術困難;僱員關係、勞工不安或不可用性;股票市場波動;某些董事和高管之間的利益衝突;缺乏公司股東的流動性;訴訟風險;以及公司披露的公共文件中披露的其他風險因素,這些文件可在公司檔案資料的公司檔案資料中獲得。讀者應特別注意,不應將過度的確定性歸因於前瞻性聲明或前瞻性信息。雖然公司已經試圖確定可能導致實際結果存在實質性差異的重要因素,但可能存在其他導致結果不被預期、估計或預期的因素。公司無意且不承擔任何義務更新這些前瞻性聲明或前瞻性信息,以反映假設或情況的變化或影響此類聲明或信息的任何其他事件,而不是根據適用的法律規定。
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
加拿大證券交易所不對本新聞稿的充分性或準確性承擔責任。