Vancouver, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Nass Valley Gateway Ltd (CSE:NVG) (OTC:NSVGF)(FSE:3NVN)(the “Company”), and its management announce due to unforeseen delays in providing documents to its auditor (Manning Elliott LLP) resulting from the Coronavirus and the significant business shutdowns in the State of New Jersey (where Nass Valley Gardens’ operations offices are located), the Company anticipates it will be in default of the specific filing requirement. Management and its auditor are confident they will remedy the specific requirement by filing EOY 2019 Financials, MD&A report and all attending certifications by July 15th, and within the 30-day extension provided by the BCSC.
Management will satisfy the alternative information guidelines by publishing bi-weekly updates until the filing is completed.
Management will also comply with a management trading black-out until the filings have been completed within the extension. This black-out only restricts management and insiders, but not trading by the public.
There are no material changes nor other items to report at this time.
ABOUT NASS VALLEY GATEWAY LTD.
Nass Valley Gateway Ltd. (CSE: NVG) (OTC: NSVGF) (FSE: 3NVN)
Nass Valley Gateway LTD (NVG) is a publicly traded company on the CSE in the Life Sciences category. In late 2018, Nass Valley Gateway agreed to merge with Advanced Bioceuticals Limited, a New Jersey LLC focused on the sales and distribution of organic, non-GMO hemp-based, zero THC, CBD products. NVG CBD products will be sold under the "Nass Valley Gardens" brand via retail, wholesale, direct response, and digital sales channels. NVG’s products will target the pain remediation, dermatology, anti-aging, and beauty markets.
We seek Safe Harbor.
Neither the CSE nor its Regulation Services Provider has reviewed or accepts responsibility for the adequacy or accuracy of the contents of this news release.
Company: Nass Valley Gateway Ltd.
422 Richards Street, Suite 170
V6B 2Z4 Vancouver
Canada
Phone: 609-651-0032
E-mail: michael.s@nassvalleygateway.com
Internet: www.nassvalleygateway.com.