Christina Lake Cannabis Announces Delay in Filing its 2023 Annual Financial Statements
The delay at CLC is due to the fact that the audit is taking longer than expected, due to the high level of testing, with limited staff resources.
- The delay at CLC is due to the fact that the audit is taking longer than expected, due to the high level of testing, with limited staff resources.
- CLC is working closely with its auditor DMCL LLP, and is making every effort to submit the Annual Filings in a timely fashion and expects to file no later than May 31, 2024.
- The MCTO will prohibit the CEO and the CFO from trading in securities of CLC for so long as the Annual Filings are not filed.
- The Company confirms that there are no insolvency proceedings against it as of the date of this news release.