Enablence Announces Corporate Updates
Retrieved on:
Thursday, May 13, 2021
Enablence has filed its past-due financial statements, applied to revoke the Cease Trade Order, made changes to its executive management, and announces certain other business updates
Key Points:
- The Board wishes Mr. Larin success in his future role as he returns to the financial services industry.\nWith the departure of Mr. Larin, Enablence is pleased to announce the appointment of Craig Mode as co-Chief Executive Officer and Chief Financial Officer of Enablence.
- Mode will work alongside Ashok Balakrishnan as co-Chief Executive Officers of Enablence.
- Enablence USA has applied to the SBA for loan forgiveness in respect of the initial PPP loan, as the Company believes it has met the requirements established by the SBA for loan forgiveness.
- Please refer to the risks set forth in the Company\'s continuous disclosure documents that can be found on SEDAR ( www.sedar.com ) under Enablence\'s issuer profile.