Subject: News Release
PDF Document
File: Attachment Press Release May 07-2025 Maple Leaf Announces Receipt of FFCTO.pdf
Maple Leaf Green World Inc. Announces
Receipt of Failure to File Cease Trade Order By ASC
FOR IMMEDIATE RELEASE May 07, 2025
CALGARY, ALBERTA Maple Leaf Green World Inc. ("Maple Leaf" or the "Company"),
(CSE: MGW), (OTCQB: MGWFF), announces that that the Alberta Securities
Commission (the "ASC") has issued a failure to file cease trade order ("FFCTO")
prohibiting the trading by any person of any securities of the Company in Canada,
including trades in the Company's common shares made through the Canadian Securities
Exchange.
The FFCTO was issued as a result of the delay in filing the Company's annual information
form for the year ended December 31, 2024, audited annual consolidated financial
statements for the year ended December 31, 2024, the related management's discussion
and analysis of financial condition and results of operations and CEO and CFO
certificates relating to the audited annual financial statements as required by National
Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings
(collectively, the "Required Documents") beyond the April 30, 2024 filing deadline.
The Company is working diligently with its auditor to facilitate the completion of the audit
of the annual consolidated financial statements and expects to be in a position to file the
Required Documents within the next 45 days. The Company anticipates that the FFCTO
will remain in place until such time as the Required Documents are filed.
For further information and updates regarding the Company, please visit
https://www.mlgreenworld.com/.
About Maple Leaf Green World Inc.
Maple Leaf is a forward-thinking company dedicated to sustainable development and
economic revitalization. With a strategic focus on innovative greenhouse operations,
Maple Leaf is committed to advancing eco-friendly agricultural practices, including vertical
growth and hydroponic feeding systems. With a strong commitment to sustainability,
Maple Leaf is also investing in solar energy solutions to ensure a zero-emission, self-
sufficient operation. Backed by interest from global investors, Maple Leaf is poised to
create new employment opportunities and contribute to affordable housing development,
reinforcing its role as a leader in responsible and innovative growth.
Cautionary Statement Regarding Forward Looking Information
This news release contains statements that are forward-looking, such as those relating to the
Company's potential responses to the Annual Filings delay, potential results of the Annual
Filings delay, and the expected timing for filing of the Annual Filings. Forward-looking
statements are frequently characterised by words such as "plan", "expect", "project", "intend",
"believe", "anticipate" and other similar words, or statements that certain events or conditions
"may" or "will" occur. Forward-looking statements are based on the opinions and estimates of
management at the dates the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially
from those projected in the forward-looking statements. This information is qualified in its
entirety by cautionary statements and risk factor disclosure contained in filings made by the
Company, including its annual information form for the year ended December 31, 2024 and
financial statements and related MD&A for the financial years ended December 31, 2024 and
2023, along with the accompanying MD&A, filed with the securities regulatory authorities in
certain provinces of Canada and available on SEDAR+ at sedarplus.ca. The forward-looking
statements contained in this document are as of the date of this document and are subject to
change after this date. Readers are cautioned that the assumptions used in the preparation
of such information, although considered reasonable at the time of preparation, may prove to
be imprecise and, as such, undue reliance should not be placed on forward-
looking statements. Maple Leaf disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future events or
otherwise, unless required by applicable law.
Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility
for the adequacy or accuracy of this news release.
Please contact:
Raymond Lai, Chairman, President & CEO
Email: rlai@mlgreenworld.com;
Tel: (403) 907-3715
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