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Wellfield Technologies Inc. Provides Management Cease Trade Order Update
Newsfile· 2025-08-15 00:51
Core Viewpoint - Wellfield Technologies Inc. is currently under a management cease trade order (MCTO) issued by the British Columbia Securities Commission, and is working to file its audited financial statements for the fiscal year ended March 31, 2025, by the end of September 2025 [1][2]. Group 1: Management Cease Trade Order (MCTO) - The MCTO was previously announced on July 17, 2025, and further details were provided on July 31, 2025 [1]. - The company is committed to providing bi-weekly updates regarding its status until it resolves the default related to the Annual Filings [3]. Group 2: Financial Filings - Wellfield Technologies is actively working with its auditors to complete the Annual Filings, which include audited financial statements and management's discussion and analysis (MD&A) [2]. - The expected completion date for these filings is August 29, 2025, with a final deadline of September 29, 2025 [2]. Group 3: Company Status - As of the latest update, there have been no material changes to the information disclosed in the previous announcements regarding the MCTO [4]. - The company has not failed to meet its intentions regarding the alternative information guidelines set out in NP 12-203 [4]. Group 4: Company Overview - Wellfield Technologies, Inc. is a fintech company that specializes in blockchain technology solutions, with its platform Coinmama serving over 3.5 million registered users across 180 countries [5]. - The company also operates Tradewind Markets, which focuses on digitizing and trading real-world assets, including VaultChain™ Gold and VaultChain™ Silver products [5].
Wellfield Technologies Inc. Announces Grant of Management Cease Trade Order and Status Report
Newsfile· 2025-07-31 21:05
Wellfield Technologies Inc. Announces Grant of Management Cease Trade Order and Status ReportJuly 31, 2025 5:05 PM EDT | Source: Wellfield Technologies Inc.Toronto, Ontario--(Newsfile Corp. - July 31, 2025) - Wellfield Technologies Inc. (TSXV: WFLD) (OTC Pink: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") announces that following the Company's application to the British Columbia Securities Commission (the "BCSC") for a management cease trade order ("MCTO") under National Policy 12-203 – Man ...