Vancouver, British Columbia--(Newsfile Corp. - March 6, 2020) - The Wonderfilm Media Corporation (TSXV: WNDR) (OTC Pink: WDRFF) ("Wonderfilm" or the "Company") is pleased to announce that the management cease trade order issued by the British Columbia Securities Commission (the "BCSC") on October 29, 2019 and the cease trade order issued by the BCSC on December 30, 2019 (the "CTO") as a result of the Company's failure to file its audited annual consolidated financial statements, management's discussion and analysis and associated officer certificates for Wonderfilm's financial year ended June 30, 2019 and the interim financial statements, management's discussion and analysis and associated officer certificates for the Company's three (3) month period ended September 30, 2019, have both been revoked. For further details, please see the Company's press releases dated December 31, 2019 and March 4, 2020 both of which are available under the Company's profile on SEDAR at www.sedar.com
Trading in the Company's securities was also suspended by the TSX Venture Exchange ("TSXV") as a result of the CTO. The Company is currently working to submit an application to the TSXV for reinstatement of trading on the TSXV and will provide an update in due course.
About Wonderfilm Media Corporation
Wonderfilm (TSXV: WNDR) (OTC Pink: WDRFF) is a leading entertainment company with production offices in Los Angeles and corporate offices in Vancouver. The Company's core business is producing market-driven independent feature films and quality television series for multi-platform global exploitation. Wonderfilm is a producer and distributor only for the projects disclosed.
For more information, visit the Company's website at www.Wonderfilm.com.
Neither the TSX Venture Exchange Inc. ("Exchange") nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend," statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond Wonderfilm's control and Wonderfilm's actual results could well differ materially from those stated or implied in forward-looking statements due to many various factors. Although Wonderfilm believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today's date and Wonderfilm undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further details, please see the Company's documents filed under the Company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53234