on AI/ML Innovations Inc. (isin : CA00143Y1034)
AI/ML Innovations Inc. Announces Revocation of MCTO
AI/ML Innovations Inc. (CSE:AIML) announced that the British Columbia Securities Commission (BCSC) has lifted the Management Cease Trade Order (MCTO) initially granted on August 29, 2024. This development follows the successful completion of AI/ML's requisite filings for its annual and interim financial periods ending April 30, 2024, and July 31, 2024, respectively. The revocation allows management to resume trading the Company's common shares.
The MCTO was issued due to anticipated delays in filing the Company's annual audited financial statements and related documents for the year ended April 30, 2024. Despite these delays, AI/ML managed to comply with the filing deadlines set under Canadian securities laws.
AI/ML remains committed to financial transparency and appreciates the continued trust of its shareholders, auditors, and the BCSC. The Required Filings are publicly available on www.sedarplus.ca.
R. E.
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