In a press release dated
The MCTO was issued by the BCSC on
Cariboo Rose remains confident in its ability to complete the Required Annual Documents and expects to file them as soon as they are available, but is looking at completion by or about
As a result of the late filing of the Required Annual Documents, the Company will not be in a position to file its financial statements, management's discussion and analysis and related officer certifications for the three-month period ended
The MCTO remains in effect until the Company files the Required Documents and the BCSC's Executive Director has revoked the MCTO. The Company confirms that since the date of the Default Announcement, other than as described above: (a) there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (b) 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 and (c) there is no other material information concerning the affairs of the Company that has not been generally disclosed.
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 Required Documents.
Contact:
Tel: (604) 681-7913
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