Mission Ready Announces a C$2.9MM Manufacturing Contract and a C$4.4MM Distribution Contract, Provides Corporate Update - Seite 2

The Company is relying on the temporary exemption pursuant to BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements (“BCI 51-515”) in respect to the following provisions:

1. the requirement to file interim financial statements for the three months ended March 31, 2020 (the “Financial Statements”) within 60 days after the end of the Company's interim period as required by section 4.4(b) of National Instrument 51-102 Continuous Disclosure (“NI 51-102”);
2. the requirement to file management discussion and analysis (the “MD&A”) for the period covered by the Financial Statements within 60 days after the end of the Company's interim period as required by section 5.1(2) of NI 51-102; and
3. the requirement to file certifications of the Financial Statements (the “Certificates” and together with the Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109 Certification of Disclosure in Issuer’s Annual and Interim Filings and section 4.4(b) [being the filing deadline for interim financial statements] of NI 51-102.

The Company confirms that there have been no material developments, other than those disclosed through news releases, since the filing of its audited consolidated financial statements for the year ended December 31, 2019, which were filed on SEDAR on June 15, 2020.

Additionally, the Company advises that management and other insiders of the Company are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

AGM and Statement of Executive Compensation
Due to the health implications and constraints associated with the COVID-19 pandemic in terms of social gatherings and travel restrictions, the Company is relying on the blanket relief provided by the TSX Venture Exchange, the Canadian Securities Administrators and the British Columbia Securities Commission in respect of the following provisions:

1. the requirement to hold its annual general meeting of shareholders (“AGM”) within 15 months of its last preceding annual meeting of shareholders (pursuant to section 4.1 of TSX Venture Exchange Policy 3.2 Filing Requirements and Continuous Disclosure); and
2. the requirement to file a statement of executive compensation within 180 days of the Company's year end (pursuant to section 9.3.1(2.2) of National Instrument 51-102 – Continuous Disclosure Obligations).

Pursuant to the March 23, 2020 Notice to Issuers published by the TSX Venture Exchange, the Company is relying on the temporary relief measure permitting the Company to “hold its 2020 Annual General Meeting on any date in 2020 up to and including December 31, 2020.”