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].

Core Viewpoint - Wellfield Technologies Inc. has received a management cease trade order (MCTO) from the British Columbia Securities Commission, allowing the company until September 29, 2025, to file its audited financial statements for the fiscal year ending March 31, 2025, after missing the original deadline of July 29, 2025 [1][2][6]. Group 1: Management Cease Trade Order (MCTO) - The MCTO prohibits the chief executive officer and chief financial officer from trading in the company's securities until the annual filings are completed [2]. - Other individuals are still permitted to trade in the company's securities despite the MCTO [2]. - The company is required to comply with alternative information guidelines while in default, including issuing bi-weekly default status reports [3][8]. Group 2: Filing Requirements and Timeline - The company must file its annual financial statements and related management discussion and analysis by September 29, 2025, which is two months beyond the original deadline [1][6]. - Failure to file within this extended period may lead to a cease trade order (CTO) being imposed by securities commissions [6]. Group 3: Company Status and Compliance Efforts - As of the date of the announcement, the company is not undergoing any insolvency proceedings and has disclosed no undisclosed material information [4]. - The company is actively working with its auditor to complete the annual filings and aims to remedy the filing default by August 29, 2025 [7].

Core Viewpoint - Wellfield Technologies Inc. has announced a potential delay in its annual filings for the financial year ended March 31, 2025, and is applying for a temporary management cease trade order (MCTO) to manage the situation [1][2][3]. Group 1: Annual Filings Delay - The company anticipates it may not complete its annual filings, which include audited financial statements and management's discussion and analysis, by the July 29, 2025 deadline [2]. - The delay is attributed to several factors, including the ongoing spin-off of Tradewind Markets Inc., geopolitical events affecting staffing, misalignment with the auditor, and the recent appointment of a new Chief Financial Officer [3]. Group 2: Management Cease Trade Order (MCTO) - The company is applying for an MCTO, which, if granted, will restrict trading in its securities by certain insiders but will not affect other parties [1][3]. - The company aims to remedy any filing default and return to compliance by completing the annual filings on or before August 31, 2025 [4]. Group 3: Company Overview - Wellfield Technologies, Inc. is a fintech company specializing in blockchain technology solutions, with its platform Coinmama serving over 3.5 million registered users across 180 countries [6]. - The company also operates the Tradewind Markets platform, which digitizes and trades real-world assets, including VaultChain™ Gold and VaultChain™ Silver products [6].

Company Announcement - Wellfield Technologies Inc. has appointed John Parker as Chief Financial Officer, effective July 11, 2025, succeeding Levy Cohen who served as interim CFO since January 2025 [1][3] Leadership Experience - John Parker brings over 25 years of leadership experience, having held roles as a business owner, CFO, General Manager, and Director. He has developed financial reporting processes and key performance indicators to drive profitable growth [2] Company Overview - Wellfield Technologies, Inc. is a fintech company specializing in blockchain technology solutions. Its platform Coinmama provides access to the cryptocurrency market for over 3.5 million registered users across 180 countries. The company also operates Tradewind Markets to digitize and trade real-world assets, including VaultChain™ Gold and VaultChain™ Silver products [4]