210 0 Kommentare 3 SIXTY SECURE PROVIDES OVERVIEW OF COVID-19 IMPACT ON THE COMPANY AND ANNOUNCES FINANCIAL STATEMENT FILING POSTPONEMENT - Seite 2

Annual Disclosure Document Filing Postponement

We also are announcing that due to logistics and delays caused by the COVID-19 pandemic, we are relying on the exemption provided in Ontario Instrument 51-502 of the Ontario Securities Commission (and similar exemptions provided by other Canadian Securities Regulators) to postpone the filing of the following continuous disclosure documents (collectively the “Documents”):

The Company’s Annual Audited Financial Statements for the financial year ended December 31, 2019.
The Company’s Management Discussion & Analysis for the financial year ended December 31, 2019.

Recent events pertaining to COVID-19 have impacted 3 Sixty, our employees and our directors' ability to rely on timely information and meet to approve its financial statements and management's discussion and analysis.

According to the Ontario instrument, during the period from March 23, 2020, to June 1, 2020, a person or company required to make certain filings as described in the Ontario instrument has an additional 45 days from the deadline otherwise applicable under Ontario securities laws to make the filing.

Until we have filed and announced the required financial statements and management's discussion and analysis, members of management and other insiders are subject to a trading black-out policy that reflects the principles in section 9 of National Policy 11-207.

The estimated date by which the required disclosure is expected to be filed or the required document is expected to be sent or delivered is 12 June 2020, which supersedes the date specified in the Companies press release dated 27 February 2020.

Since the filing of our third quarter 2019 interim financial statements and related MD&A on November 19, 2019, we have disclosed by way of news release the following significant business developments:

The resignation of Nancy Croitoru and Vernon White as directors of 3 Sixty on December 13, 2019.
The resignation of Rick Gabrielson as a director of 3 Sixty on December 30, 2019.
The departure of Carlo Rigillo as the CFO from 3 Sixty and the appointment of Candice Matthews as Interim Chief Financial Officer on February 26, 2020.
The execution of multi-year contracts providing secure transport and guarding services to a number of cannabis-based companies in Canada on February 27, 2020.