Core Points - Hill Incorporated has received a failure to file cease trade order (FFCTO) from the Ontario Securities Commission, prohibiting trading of its securities in Canada due to delays in filing annual audited financial statements [1][2] - The delay in filing is attributed to cash collection issues that have led to financial constraints, affecting the completion of the FY 2025 audited financial statements [3] - The FFCTO halts trading of the company's common shares on the TSX Venture Exchange, which was implemented on November 3, 2025, and remains in effect until the filing default is remedied [4] Company Overview - Hill Incorporated, formerly known as Hill Street Beverage Company Inc., is focused on bioscience implementation, aiming to enhance healthier living through innovative cannabis solutions and non-alcoholic beverage products [5] - The company leverages its expertise in consumer packaged goods (CPG) to commercialize advanced technologies, including the use of Lexaria Bioscience Corp's DehydraTECH patent portfolio for product development and sales [5]

Core Points - Mr. Jack Fraser has resigned from his roles as Chairman and member of the Board of Directors of Hill Incorporated, effective immediately [1] - The resignation is due to Mr. Fraser's need to focus on other professional commitments, and the company expresses gratitude for his contributions [2] Company Overview - Hill Incorporated, formerly known as Hill Street Beverage Company Inc., is a bioscience implementation company focused on creating healthier living solutions through advanced technologies [2] - The company operates two main business units: Hill Avenue Cannabis, which focuses on cannabis solutions leveraging Lexaria Bioscience Corp's DehydraTECH patent portfolio, and Hill Street Beverages, which is dedicated to alcohol-free consumer beverage marketing and distribution [2]