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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 |
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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