(via TheNewswire)
Transfer of Listing to NEX
The current circumstances created by prolonged delays in government awarding associated with pending solicitations, along with the recent exclusion from the Ballistic Combat Shirt (BCS) competitive range and the lack of visibility into additional long-term revenues and contracts, have made it impossible to continue with the status quo. As a result, members of the Board believe they can no longer satisfy their fiduciary duties to the Company and the shareholders. The Board has therefore resigned, as has the President and CEO, the CFO, the Director of Corporate Communication of Mission Ready, along with the President and the CFO of Unifire and other leadership team members.
Consequently, the Company does not meet the
The Company's trading symbol will change from MRS to MRS.H on the effective date as a result of the transfer to the NEX. The .H symbol extension differentiates NEX symbols from other symbols on the main stock list of the Exchange.
The Company's shares under its US listing (OTC: MSNVF) have also been transferred to OTC Pink - Current Information status due to the halt.
Neither
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by
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