Playground Ventures Provides Update
Playground Ventures Provides Update
Toronto, Ontario--(Newsfile Corp. - April 19, 2023) - Playground Ventures Inc. (CSE: PLAY) (the "Company"), announces that the Company applied to the Ontario Securities Commission (the "OSC") for a management cease trade order ("MCTO") with respect to its audited consolidated financial statements for the year ended December 31, 2022, annual management's discussion and analysis for the same period and management certifications of annual filings (collectively, the "Annual Filings"). The Company anticipates it will not file the Annual Filings by the prescribed deadline of May 1, 2023. The OSC has advised that the MCTO will not be granted. In the event that the Annual Filings are not filed by the prescribed deadline of May 1, 2023, the Company will receive a partial cease trade order.
安大略省多倫多--（Newsfile Corp. ——2023 年 4 月 19 日）——Playground Ven案例：播放) (那個”公司“），宣佈公司向安大略省證券委員會提出了申請（”OSC“) 用於管理層停止交易令 (”MCTO“) 關於其截至2022年12月31日止年度的經審計合併財務報表、同期管理層的討論和分析以及管理層對年度申報的認證（統稱爲”年度申報“)。公司預計不會在規定的截止日期（2023 年 5 月 1 日）之前提交年度申報。OSC 已表示，MCTO 不會獲得批准。如果未在規定的截止日期（2023 年 5 月 1 日）之前提交年度申報，公司將收到部分停止交易令。
Until the Company has filed the Annual Filings, members of the Company's management and other insiders are subject to an insider trading black-out. The Company confirms that, other than as disclosed in prior press releases and material change reports, there have been no material business developments since the filing of the Company's latest interim financial report.
在公司提交年度申報之前，公司管理層成員和其他內部人士將受到內幕交易封鎖。公司證實，除先前新聞稿和重大變更報告中披露的外，自公司提交最新的中期財務報告以來，沒有重大業務發展。
For further information, please contact:
Jon Gill, Chairman and Interim Chief Financial Officer
Tel: 416-361-1913
Email: investors@playgroundventures.com
欲瞭解更多信息，請聯繫：
喬恩·吉爾，董事長兼臨時首席財務官
電話：416-361-1913
電子郵件：investors@playgroundventures.com
Forward-Looking Information
前瞻性信息
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
本新聞稿包含適用證券法所指的某些 “前瞻性信息”。前瞻性信息通常以諸如 “計劃”、“期望”、“項目”、“打算”、“相信”、“預期”、“估計”、“可能”、“將”、“可能”、“將”、“潛在”、“提議” 等詞語爲特徵，或者說某些事件或條件 “可能” 或 “將” 發生。這些陳述只是預測。前瞻性信息基於管理層在提供信息之日的意見和估計，受各種風險和不確定性以及其他因素的影響，這些因素可能導致實際事件或結果與前瞻性信息中的預測存在重大差異。有關公司及其業務和事務面臨的風險和不確定性的描述，讀者應參考公司管理層的討論與分析。除非法律要求，否則如果情況或管理層的估計或意見發生變化，公司沒有義務更新前瞻性信息。提醒讀者不要過分依賴前瞻性信息。
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