HALIFAX, Nova Scotia, Oct. 29, 2024 (Globe Newswire) — ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF) (the “Company” or “Elcora”) is a Update on the previously announced cease and desist trade order (“MCTO”) issued by the Nova Scotia Securities Commission (the “Commission”) on July 30, 2024. The Company confirms that this order has been completed and filed as of today. Audited Annual Financial Statements for the year ended March 31, 2024 and management’s discussion and analysis and related CEO and CFO certifications for the period due by July 29, 2024. Additionally, the Company today confirms the following: has provided interim financial statements for the period ended June 30, 2024 and management’s discussion and analysis and related CEO and CFO certifications for such period that were required to be filed by August 29, 2024. Submitted.
The MCTO remains in effect until the Commission’s Executive Director (the “Executive Director”) cancels the MCTO. The Company’s CEO, CFO, and Directors shall notify the Company until two full business days after the Commission receives all filings required to be made by the Company under the Nova Scotia Securities Act or upon further order. , will continue to suspend trading in our securities. Secretary General.
Additionally, we confirm that, in addition to the above, from the date of the default announcement: (a) There will be no material changes to the information contained in the Default Announcement that is not publicly available. (b) the Company has not failed to carry out its stated intent with respect to meeting the provisions of the Alternative Information Guidelines set forth in NP 12-203; (c) no specific default has occurred or is expected to occur subsequent to the default that is the subject of the default announcement; (d) there is no other material information about the Company’s operations that is not publicly disclosed;
About Elcora Advanced Materials Corp.
Elcora was founded in 2011 and is organized to be a vertically integrated battery materials company. Elcora can process, refine and produce battery-related minerals and metals. As part of its vertical integration strategy, Elcora has developed cost-effective processes for refining high-quality battery metals and minerals that are commercially scalable. This combination means Elcora has the tools and resources for vertical integration in the battery minerals and metals industry.
For more information, please visit the company’s website at:
http://www.elcoracorp.com
For more information, please contact Troy Grant, Director, President and CEO, Elcora Advanced Materials Corp. T: +1 902 802-8847
Qualification Statement: Klaus Leiders P. Eng., a Qualified Person as defined in National Instrument 43-101, approves the technical information contained in this news release.
Notes:
TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This news release contains certain “forward-looking statements.” All statements other than statements of historical fact contained in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives for Elcora, These forward-looking statements involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate or actual results, and future events may differ materially from those anticipated in such statements. An important factor that could cause actual results to differ materially from Elcora’s expectations are the exploration risks detailed from time to time herein and in Elcora’s filings with securities regulatory authorities.
Investors are cautioned that information published or received in connection with a transaction may not be accurate or complete and should not be relied upon, except as disclosed in filings made in connection with the transaction. Please.
