Calgary, Alberta–(Newsfile Corp. – August 28, 2020) – PreAxia Well being Care Cost Techniques Inc. (OTCBB: PAXH) (“PreAxia” or the “Firm”) declares that pursuant to Alberta Securities Fee Blanket Order 51-517 (“Blanket Order”), it’s suspending the submitting of its annual monetary statements, administration’s dialogue and evaluation, and officers’ certificates for the yr ended May 31, 2020 (the “Annual Filings”), because of delays associated to the COVID-19 pandemic.
The short-term exemptive reduction granted by the Blanket Order permits PreAxia to delay submitting the Annual Filings required by Nationwide Instrument 51-102 by as much as 45 days.
PreAxia estimates that it’ll file the Annual Filings on or earlier than October 15, 2020. Till the paperwork are filed, Firm administration and insiders are topic to an insider buying and selling blackout coverage that displays the rules in part 9 of Nationwide Coverage 11-207 (Failure-to-File Stop Commerce Orders and Revocations in A number of Jurisdictions).
There have been no materials enterprise developments because the date of the final interim monetary studies filed on June 4, 2020.
For additional data, please contact:
President/Chief Govt Officer
Phone: 403 850-4120
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