Vertex Resource Group Ltd. Updates Release Dates for its Q1 2020 and Fiscal 2019 Financial Results
Vertex Resource Group Ltd. Updates Release Dates for its Q1 2020 and Fiscal 2019 Financial Results |
[29-May-2020] |
SHERWOOD PARK, AB, May 29, 2020 /CNW/ - (TSXV:VTX) - Vertex Resource Group Ltd. ("Vertex" or the "Company") announces that the Company's Financial Statements and Management's Discussion and Analysis for the three months ended March 31, 2020 (collectively, the "Q1 2020 Results") are estimated to be filed on June 10, 2020. The Q1 2020 Results would ordinarily have been filed on or before May 30, 2020 as required under the Canadian Securities Administrators National Instrument 51-102 Continuous Disclosure Obligations. In order to properly assess the impact of the COVID-19 pandemic on the disclosures contained within the Q1 2020 Results, Vertex has chosen to file in accordance with revised deadlines as permitted by Alberta Securities Commission Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements, 2020 ABASC 33. The Company also announces that further to the update provided April 24, 2020, the Company's Financial Statements, Management's Discussion and Analysis, and Annual Information Form for the year ended December 31, 2019 (collectively, the "2019 Results") are now estimated to be filed by June 9, 2020. There have been no material business developments specific to the Company since November 12, 2019, the date of the 2019 third quarter interim filings. However, the COVID-19 pandemic has impacted economic conditions. During the extension periods, management, directors, and other insiders of the Company will continue to be subject to an insider trading black-out policy in accordance with the principles of section 9 of National Policy 11-207. ABOUT VERTEX Vertex principally operates in western Canada and in select locations in Ontario and the United States. FORWARD-LOOKING INFORMATION Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE Vertex Resource Group Ltd. | ||
Company Codes: TorontoVE:VTX |
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