MONTREAL, Feb. 13, 2015 /CNW Telbec/ - (TSXV: SDW) -
Sofame Technologies must file its annual audited financial
statements by March 29, 2015.
The Autorité des marchés financiers has granted an
extension, and also issued a Management Cease-Trade Order
(MCTO). Sofame requested the MCTO prior to missing the
January 29, 2015 filing deadline for
its audited annual financial statements, management discussion and
analysis ("MD&A") and CEO and CFO certifications for the year
ended September 30, 2014. The
MCTO will remain in place for a period of sixty (60) days, during
which time Sofame must complete the audit of its financial
statements and related documents.
In accordance with Policy 12-203 - Cease Trade Orders for
Continuous Disclosure Defaults, Sofame will provide bi-weekly
updates on further developments at the company until the filing
requirements are met. In the event the audit is not completed
within the delay, a general Cease Trade Order will be
imposed.
Since the current MCTO applies only to directors, officers or
insiders, all other persons are permitted to freely trade Sofame's
shares.
Neither 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 release.
SOURCE Sofame Technologies Inc.