Toronto, Ontario--(Newsfile Corp. - May 4, 2022) - CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) (the "Corporation") announces that, further to its April 26, 2022 news release, its application for a temporary management cease trade order (the "MCTO") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") has been approved by the British Columbia Securities Commission (the "BCSC"). The MCTO does not affect the ability of investors who are not insiders to trade in the securities of the Corporation.
The MCTO restricts trading in securities of the Corporation by management and certain other insiders of the Corporation until such time as the Documents have been filed by the Corporation and the MCTO is no longer in effect. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities.
Until the Corporation has filed the Documents, members of the Corporation's management and other insiders are subject to an insider trading black-out as per its internal Insider Trading Policy. The Corporation confirms that, other than as disclosed in prior press releases and material change reports, there have been no material business developments since the filing on December 24, 2021 of the Corporation's latest audited financial reports for the year ended August 31, 2021 and since the filing on November 26, 2021 of the interim financial reports for the nine month periods ended September 30, 2021 and 2020 of the reverse...
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