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POR Portofino Resources Inc

0.01
0.00 (0.00%)
17 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Portofino Resources Inc TSXV:POR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.005 0.01 0.01 0.01 0.01 3,073,000 14:50:32

Process Capital Corporation: Announcement

05/05/2011 10:14pm

Marketwired Canada


NOT FOR U.S. DISTRIBUTION

Process Capital Corporation (TSX VENTURE:POR) (the "Company") announces that it
will be late in filing its audited annual financial statements, management
discussion and analysis (MD&A), and CEO and CFO confirmations for the year
ending December 31, 2010.


The Company will file an application with the pertinent securities regulators
under National Policy 12-203 ("NP-12-203") requesting that a management cease
trade order ('MCTO") be imposed in respect of this filing rather than an issuer
cease-trade order. There is no assurance that an MCTO will be granted.


MSCM LLP, the Company's newly appointed auditors for 2010 require additional
time to complete their audit. The Company intends to file its annual audited
financial statements, together with all other documents by May 16th, 2011.


The Company confirms that it will satisfy the provisions of the alternative
information guidelines under NP 12-203 by issuing bi-weekly default status
reports, if necessary, in the form of news releases as long as it remains in
default of the filing requirements. The Company confirms that there is no other
material information relating to its affairs that has not been generally
disclosed. 


About POR

Process Capital Corporation is an environmental technology investment company
publicly listed on the Toronto Venture Exchange (TSX VENTURE:POR). 


Statements in this release which describe the Company's intentions, expectations
or predictions, or which relate to matters that are not historical facts are
forward-looking statements. These forward-looking statements involve known and
unknown risks and uncertainties which may cause the actual results, performances
or achievements of the Company to be materially different from any future
results, performances or achievements expressed or implied by such
forward-looking statements. The Company may update or revise any forward-looking
statements, whether as a result of new information, future events or changing
market and business conditions.


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