Le LÚzard
Classified in: Oil industry

POPLAR CREEK RESOURCES INC. Announces Default Status Report


CALGARY, ALBERTA / ACCESSWIRE / May 22, 2024 / Poplar Creek Resources Inc. (the "Corporation") is providing this bi-weekly Default Status Report in accordance with National Policy 12-203 ("NP 12-203"). On May 8, 2024, the Corporation announced (the "Default Notice") that it would be unable to file its annual audited financial statements, management's discussion and analysis and related Chief Executive Officer and Chief Financial Officer certificates (the "Required Filings") before the April 29, 2024 filing deadline for the reason disclosed within that announcement.

In accordance with NP 12-203, and as previously announced, the Corporation applied to the Alberta Securities Commission (the "ASC") to approve a temporary management cease trade order ("MCTO") to prohibit trading in securities of the Corporation, whether direct or indirect, by the Chief Executive Officer and Chief Financial Officer of the Corporation. On May 9, 2024, the ASC issued a temporary MCTO.

The Corporation is working on the Required Filings and anticipates that it will be in a position to remedy the default by filing the Required Filings by June 30, 2024.

Pursuant to the requirements of section 10 of NP 12-203 - Alternative Information Guidelines ("AIG"), the Corporation reports that since the issuance of the Default Notice, there have not been any material changes to the information provided therein nor has there been any failure by the Corporation in fulfilling its stated intentions with respect to satisfying the AIG. In addition, there has not been any other specified default by the Corporation under NP 12-203 nor are any anticipated and there is no other material information concerning the affairs of the Corporation that has not otherwise been reported.

NEITHER THE 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Richard Edgar, President and Chief Executive Officer
Telephone: (403) 616-5387
Email: [email protected]

SOURCE: Poplar Creek Resources Inc.



View the original press release on accesswire.com


These press releases may also interest you

at 10:45
Sungrow, the global leading PV inverter and energy storage system provider, shared 10 major technological trends at the recent Ph.D Talk event in Shanghai. With an investment of 2.45 billion yuan (approximately 347 million) in R&D throughout 2023,...

at 09:30
Seeing the world's firstáIEC TS 63126:2020 (2 PfG 2971) photovoltaic module certificate, the world's first IEC TS 63126 PV junction box certificate and the world's first IEC TS 63126 PV module connector certificate granted by T▄V Rheinland to...

at 04:30
Seeing the world's firstáIEC TS 63126:2020 (2 PfG 2971) photovoltaic module certificate, the world's first IEC TS 63126 PV junction box certificate and the world's first IEC TS 63126 PV module connector certificate granted by T▄V Rheinland to...

at 02:39
Sungrow, the global leading PV inverter and energy storage system provider, shared 10 major technological trends at the recent Ph.D Talk event in Shanghai. With an investment of 2.45 billion yuan (approximately 347 million) in R&D throughout 2023,...

14 jun 2024
Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") is pleased to announce the results from its annual meeting of shareholders (the "Meeting") held on June 14, 2024. A total of 7,626,698 common shares, representing approximately 28% of...

14 jun 2024
CanAsia Energy Corp. ("CanAsia") announced today that Richard Alexander, Jeff Chisholm, Gerald Macey, and Cameron Taylor were re-elected as directors of CanAsia and Chris Newton was elected as a new director of CanAsia at the annual meeting of...



News published on and distributed by: