on AI/ML Innovations Inc. (isin : CA00143Y1034)
AI/ML Innovations Inc. Granted Management Cease Trade Order
Victoria, BC / Accesswire / August 29, 2024 - AI/ML Innovations Inc. (CSE: AIML, OTCQB: AIMLF, FWB: 42FB) did not file its audited annual financial statements and related documents for the fiscal year ending April 30, 2024, by the August 28, 2024, deadline. This non-compliance triggers a default under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations.
The British Columbia Securities Commission (BCSC) issued a Management Cease Trade Order (MCTO) on August 29, 2024. This restricts trading by the CEO and CFO but does not impact other shareholders.
AI/ML Innovations Inc. and its auditor are working to complete the filings by September 15, 2024. The company will continue issuing bi-weekly updates as required by National Policy 12-203 Management Cease Trade Orders (NP 12-203) until the filings are complete.
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