Prime Drink Group Corp. announces extension for filing annual financial statements until September 29, 2025, due to a management cease trade order from the BCSC. CEO and CFO are prohibited from trading until filing is complete. The company plans to file before the deadline and will issue bi-weekly default status reports. Additionally, Prime completed a private placement, raising $845,000, issuing common shares, warrants, and broker warrants. Proceeds will be used for business development and working capital. The securities are subject to resale restrictions. Contact CFO Jean Gosselin for more information.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities within the United States, and the securities may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States or any U.S. person, unless registered under the U.S. Securities Act and applicable U.S. state securities laws, or pursuant to an exemption from such registration requirements described in the Circular. There shall be no offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful absent registration or qualification of such securities under the laws of any such jurisdiction. “United States” and “U.S. person” are as defined in Regulation S under the U.S. Securities Act.
Read more at GlobeNewswire: Prime Drink Group Provides Bi-Weekly MCTO Status Report and
