TORONTO, May 24, 2022
/CNW/ - Mimi's Rock Corp. (the "Company")
(TSXV: MIMI) (OTCQB: MIMNF) announced today that it is close
to finalization of work necessary to complete the filing of its
annual audited financial statements for the year ended December 31, 2021 and its related management's
discussion and analysis, and officer certifications (collectively,
the "Required Filings") which were due to be filed on
May 2, 2022 (the "Filing
Deadline").
The Company remains under a failure to file cease trade order
against the Company ("CTO") by the Ontario Securities
Commission (the "OSC") which orders that general trading,
whether direct or indirect, of the securities of the Company cease.
The Company does not expect an interruption of the operations of
the Company during the CTO.
The Company continues to have a target date to make the Required
Filings on or before May 27, 2022,
however, circumstances beyond the Company's control may require
that the filings be made several days later, the week of
May 30. Revocation of the CTO is
expected to occur within a few days after the Required Filings are
made. However, there is no assurance that the Company will be able
to remedy its filing default and have the CTO lifted in a timely
manner or at all.
About Mimi's Rock Corp.:
Mimi's Rock Corp. (www.mimisrock.com) is an online dietary
supplement and wellness company which markets and sells its
products under the Dr. Tobias, All Natural Advice and Maritime
Naturals brand names. The Dr. Tobias brand features over 30
products, including the top-selling Colon
14-Day Cleanse and the #1 selling Omega 3 Fish Oil on
Amazon.com. All Natural Advice and Maritime Naturals products focus
on skin and beauty care. Products sold under the All Natural and
Maritime Naturals brand names are made in Canada and registered with Health Canada and
under the EU Cosmetics Act. All Natural Advice has been featured on
BNN as a top selling skincare brand in Canada, and has been rated the #1 Beauty Brand
on Amazon Canada for the past four years.
Forward-Looking
Statements
This news release contains certain "forward-looking
statements" or "forward-looking information" (collectively "forward
looking statements") within the meaning of applicable Canadian
securities laws. All statements, other than statements of
historical fact, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news
release. Forward-looking statements can frequently be identified by
words such as "plans", "continues", "expects", "projects",
"intends", "believes", "anticipates", "estimates", "may", "will",
"potential", "proposed" and other similar words, or information
that certain events or conditions "may" or "will" occur.
Forward-looking statements in this news release include statements
regarding the expected timing of filing the Required Filings, and
the expected revocation of the CTO following the filing of the
Required Filings. Such forward-looking statements are based on
assumptions known to management at this time, and are subject to
risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the
forward-looking statements, including that the Required Filings may
not be completed in the time expected, that the CTO will be lifted
in a timely manner and other factors beyond the Company's control.
No assurance can be given that any of the events anticipated by the
forward-looking statements will occur on the terms or in the time
expected, or at all, or, if they do occur, what benefits the
Company will obtain from them. Readers are cautioned not to place
undue reliance on the forward-looking statements in this release,
which are qualified in their entirety by these cautionary
statements. The Company is under no obligation, and expressly
disclaims any intention or obligation, to update or revise any
forward-looking statements in this release, whether as a result of
new information, future events or otherwise, except as expressly
required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE Mimi's Rock Corp.