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Aurora Solar Technologies Inc
Symbol ACU
Shares Issued 222,194,076
Close 2026-09-29 C$ 0.005
Market Cap C$ 1,110,970
Recent Sedar+ Documents

Aurora Solar receives failure-to-file CTO from BCSC

2026-10-09 19:01 ET - News Release

Subject: Aurora News Word Document

File: '\\swfile\EmailIn\20261009 155339 Attachment Aurora - PR re CTO_20261009 (clean).docx'

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AURORA SOLAR TECHNOLOGIES INC. PROVIDES CORPORATE UPDATE ON ANNUAL FILINGS AND TRADING RESINSTATEMENT

VANCOUVER, October 9, 2026 - Aurora Solar Technologies Inc. (TSX.V: ACU) ("Aurora" or the "Company") announces that, as a result of a delay in completing and filing its audited annual financial statements for the year ended March 31, 2026, together with the related management's discussion and analysis and applicable CEO and CFO certifications (collectively, the "Annual Filings"), the British Columbia Securities Commission issued a failure-to-file cease trade order (the "CTO") against the Company on September 30, 2026.

The delay in completing the Annual Filings is primarily attributable to the timing of the audit engagement and the additional time required to complete the remaining audit procedures. The Company and its auditor continue to make progress on the audit of the Company's Annual Filings. The Company is working toward completing the Annual Filings by October 29, 2026, or as soon as practicable thereafter, and is dedicating the necessary resources to complete and publish the Annual Filings as soon as practicable.

Trading in the Company's securities on the TSX Venture Exchange (TSXV) and in the jurisdictions in which the CTO is effective is prohibited and will remain prohibited until the Annual Filings have been completed and the CTO has been revoked.

The Company will provide further updates regarding the status of the Annual Filings and CTO in accordance with applicable law.

About Aurora Solar Technologies Inc.

The Company acquired and wholly owns BT Imaging Pty Ltd., a leader in high-precision photoluminescence imaging and measurement solutions for the solar industry, as part of a clean technology strategy to scale. BT Imaging specializes in advanced machine vision, defect categorization, precision measurements, and machine learning delivered through its Intelligent PL Solutions platform. With headquarters near Vancouver, Canada, the Company has operations in Sydney, Australia and Shanghai, China. Its products are installed worldwide by customers and partners in all major solar manufacturing markets. The Company is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner and was recognized in September 2024 as one of the fastest growing companies in British Columbia by Business in Vancouver.

On behalf of the Board of Directors

Jake Bouma,

Corporate Development

Tel: (604) 317-3936

Email: corpcomm@aurorasolartech.com

https://aurorasolartech.com/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains forward looking statements within the meaning of applicable securities laws. Forward-looking statements in this release include, without limitation: the anticipated timing and completion of the Annual Filings; the Company's ability to comply with the CTO; and the expected revocation of the CTO.

These statements are based on assumptions including, without limitation: that the audit, valuation and review procedures will be completed on a timely basis; that no material issues will arise during the audit process that would materially affect the anticipated timing of the Annual Filings; and that the Company continues to have the resources necessary to complete the Annual Filings and comply with the CTO.

Forward looking statements are subject to risks and uncertainties, including, without limitation: delays in completing the Annual Filings; additional audit, accounting or valuation issues; regulatory developments affecting timing or revocation of the CTO; and the other risks disclosed in the Company's public filings available on SEDAR+. Actual results may differ materially. Readers are cautioned not to place undue reliance on forward looking statements. The Company undertakes no obligation to update such statements except as required by law.

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