BRANDENBURG ENERGY ANNOUNCES REVOCATION OF CEASE TRADE ORDERS
TORONTO, ONTARIO, CANADA, August 31, 2020 /EINPresswire.com/ — Brandenburg Energy Corp. (“Brandenburg” or the "Company") is pleased to announce that effective today (the “Effective Date”), the British Columbia Securities Commission and the Alberta Securities Commission (together, the “Securities Regulators”) have issued orders revoking their cease trade orders, originally issued in respect of the securities of the Company on, respectively, January 6, 2015, and April 7, 2015.
On August 27, 2020, the Company filed (i) its audited annual financial statements, annual management's discussion and analysis, and related certifications for the years ended August 31, 2019 and 2018, (ii) its unaudited interim financial statements and the related management's discussion and analysis for the interim periods ended November 30, 2019, February 29, 2020 and May 31, 2020, (iii) Form 52-110F2 – Disclosure by Venture Issuers, (iv) Form 58-101F2 – Corporate Governance Disclosure (Venture Issuers), and (v) Form 51-102F6V – Statement of Executive Compensation – Venture Issuers (collectively, the “Continuous Disclosure Documents”). The Continuous Disclosure Documents are available for review online under the Company’s profile on SEDAR (www.sedar.com). Following the filing of the Continuous Disclosure Documents, the Company is up-to-date with its continuous disclosure obligations.
In connection with the Company's applications for the revocation of the cease trade orders, the Company provided an undertaking to the Securities Regulators that it would hold an annual meeting of shareholders of the Company within three months of the Effective Date. The Company has met all other conditions required by the securities commissions for revocation of the cease trade orders.
The Company has ceased to carry on an active business and is presently engaged in identifying and evaluating potential business opportunities.
On behalf of the Board of Directors
Chief Executive Officer & Chief Financial Officer
T: 647 502-3558
This press release may contain forward-looking statements including, but not limited to, comments regarding the timing of the annual meeting of shareholders of the Company. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.
Brandenburg Energy Corp.
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Source: EIN Presswire