WINNIPEG, MB, Aug. 27, 2020 /CNW/ - Lakeview Hotel Investment
Corp. (TSXV: LHIC) (the "Corporation" or "Lakeview")
announced that it is relying on the exemption provided in Manitoba
Securities Commission Blanket Order 52-504 – Temporary Exemption
from Certain Corporate Finance Requirements with Deadlines during
the Period from June 2, to
August 31, 2020 ("Blanket
Order 52-504") to postpone the filing of the following
continuous disclosure documents:
- the filing of the Corporation's interim financial statements
and related management discussion and analysis for the six month
periods ended June 30, 2020 (the
"Required Quarterly Filings"); and
- compliance with the delivery requirements of applicable
securities laws relating to the Required Quarterly Filings.
Blanket Order 52-504 provides Lakeview with an additional 45
days from the deadlines otherwise applicable under securities laws
to make the respective filings (the "Extension Period").
Until the Corporation has filed the Required Quarterly Filings,
members of the Lakeview's management and other insiders are subject
to a trading blackout reflecting the principles contained in
section 9 of National Policy 11-207 Failure to File Cease Trade
Orders and Revocations in Multiple Jurisdictions such that they are
in a blackout period until the end of the second trading day after
the Required Quarterly Filings have been disclosed by way of a news
release.
The Corporation expects to file the Required Quarterly Filings
by September 30, 2020.
There have been no material business developments since the date
of the last interim financial statements of the Corporation, filed
on July 28, 2020, a copy of which is
available on SEDAR at www.sedar.com.
About the Corporation
Lakeview Hotel Investment Corp is listed on the TSX Venture
Exchange under the symbol "LHR". Lakeview Hotel Investment
Corp receives income from ownership, management and licensing of
hotel properties.
The TSX Venture Exchange nor its Regulation Service Provider
(as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Lakeview Hotel Investment Corp