Core One Labs Inc. announced a delay in filing its audited consolidated financial statements for the year ended December 31, 2021, annual management's discussion and analysis for the same period and management certifications of annual filings beyond the deadline of April 30, 2022 prescribed by Canadian securities laws. The Company now expects to report fourth quarter and full year 2021 results on or before May 15, 2022. The principal reason for the delay is the significant amount of additional work required to be performed by the Company and its external auditor due to its level of corporate activity over the last year.

The Company's auditor is completing its external audit and will be unable to issue an audit opinion before the end of April 2022, as previously expected.