KELSO TECHNOLOGIES DELAYS FILING OF ANNUAL INFORMATION FORM
March 30 2020 - 1:20PM
Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS),
(NYSE American: KIQ) announces that due to the COVID-19 pandemic,
the Company will be filing its annual information form (“AIF”) for
the year ended December 31, 2019 in approximately one week.
The AIF adds additional disclosure to the December 31, 2019
annual financial statements and management discussion and analysis
(“MD&A”) already filed by the Company on March 17, 2020 and
available on SEDAR and EDGAR filing systems. The Company is
normally required under Section 6.2 of Canadian Securities
Administrators’ (“CSA”) National Instrument 51-102 – Continuous
Disclosure Requirements to file its AIF by March 30, 2020. As
a result of the Covid-19 pandemic, the CSA has provided that
issuers are entitled to extensions to file reports if they follow
the prescribed conditions set out in the regulations applicable to
them. The Company is relying on BC Instrument 51-515.
As required by BC Instrument 51-515, the Company discloses the
following:
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(a) |
The Company’s management and other insiders are subject to a
trading black-out policy that reflects the principles in Section 9
of CSA National Policy 11-207 until the AIF has been filed; |
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(b) |
The Company expects to file its AIF on or about April 6, 2020;
and |
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(c) |
There have been no material business developments since the date of
filing of the audited financial statements and MD&A for the
year ended December 31, 2019 which were filed on SEDAR on March 17,
2020, and the Company’s business has not yet been materially
affected by the Covid-19 pandemic. |
About Kelso Technologies
Kelso is a diverse product development company
that specializes in the design, production and distribution of
proprietary service equipment used in transportation applications.
Our reputation has been earned as a designer and reliable supplier
of unique high quality rail tank car valve equipment that provides
for the safe handling and containment of hazardous and
non-hazardous commodities during transport. All Kelso products are
specifically designed to provide economic and operational
advantages to customers while reducing the potential effects of
human error and environmental harm.
For a more complete business and financial
profile of the Company, please view the Company's website at
www.kelsotech.com and public documents posted under the
Company’s profile on www.sedar.com in Canada and on EDGAR at
www.sec.gov in the United States.
On behalf of the Board of Directors, |
James R. Bond, CEO and President |
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For further information, please contact: |
James R. Bond, CEO and President |
Richard Lee, Chief Financial Officer |
Corporate Address: |
Email: bond@kelsotech.com |
Email: lee@kelsotech.com |
13966 – 18B Avenue South Surrey, BC V4A 8J1
www.kelsotech.com |
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