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Wildpack Beverage Inc.
Symbol CANS
Shares Issued 100,183,769
Close 2026-05-15 C$ 0.005
Market Cap C$ 500,919
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ORIGINAL: Wildpack Announces Update on Status of Management Cease Trade Order

2026-05-19 16:10 ET - News Release

(via TheNewswire)

Wildpack Beverage Inc.

May 15, 2026 – TheNewswire - VANCOUVER, BC, Wildpack Beverage Inc. (TSXV: CANS) ( “ Wildpack ” or the “ Company ” ) a leading middle market co-packer of canned beverages, provides an update on the status of its Management Cease Trade Order (" MCTO ") granted by the British Columbia Securities Commission under National Policy 12-203  Management  Cease Trade Orders .

The MCTO was issued due to the Company's inability to file its audited annual financial statements, related MD&A, and CEO and CFO certifications for the year ended December 31, 2025 (the " Required Filings ") by the April 30, 2026, deadline resulting in a default under Part 4 of National Instrument 51-102  Continuous Disclosure Obligations  (" Default ").

The delay in filing the Required Filings is due to short-term cash constrains impacting the Company. The Company continues to actively work on addressing the cash constrains so that it can complete the Required Filings. The Company currently does not have cash on hand or financing in place that would alleviate the short-term cash constrains.

 

The Company remains committed to completing the filing as soon as practicable. The Company wishes to clarify that this delay is purely administrative in nature, does not arise from any disagreement with its auditors. The Company anticipates that it will be in a position to remedy the default by filing the Required Filings on or before June 30, 2026. The MCTO will be in effect until the Required Filings are completed.

 

In accordance with NP 12‑203, the Company will provide bi‑weekly status updates by way of news releases for so long as the Required Filings remain outstanding. The Company does not anticipate any additional specified defaults under NP 12‑203.


Per:         “Thomas Waker”

Thomas Walker

Interim Chief Executive Officer

 

For further information, please contact us at:

invest@wildpackbev.com

 

Advisors

 

Fasken Martineau DuMoulin LLP is the legal advisor to Wildpack Beverage Inc.

 

Visit our investor website at:

https://investor.wildpackbev.com

 

About Wildpack  

 

Wildpack provides beverage manufacturing and packaging to the middle market by providing aluminum can filling, decorating, packaging, brokering, and logistics to customers throughout the United States. Wildpack currently operates indirectly through its wholly owned subsidiaries and out of two facilities in Baltimore, Maryland; and Austin, Texas. Wildpack commenced trading on the TSX Venture Exchange under the symbol "CANS" on May 19, 2021.   

 

Cautionary Statement on Forward Looking Information   

This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe”, “proposed”, or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements expressed or implied by Wildpack are subject to a number of risks, uncertainties, and conditions, many of which are outside of Wildpack's control, and undue reliance should not be placed on such statements. Although Wildpack has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties related to Wildpack's business. Except as required by securities law, Wildpack does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.  

 

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

 

Source: Wildpack Beverage Inc.  

 

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