NETWORK MEDIA GROUP ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933
The SAR Pilot program is implemented under the Blanket Order, which allows eligible venture issuers listed on the TSX Venture Exchange ("TSXV") to voluntarily move from quarterly to semi-annual financial reporting. By adopting the SAR, Network aims to reduce the administrative and financial burden associated with quarterly reporting.
The Company will not file interim financial statements and related Management Discussion and Analysis ("MD&A") for the three-month period ending
Network confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record. The Company remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102.
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The Network premium brand of content delivers world-class casts and features visually cinematic, richly crafted storytelling. The Company's productions are consistently embraced by both audiences and critics alike, garnering awards, record ratings, and unparalleled media coverage for Network and its partners.
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This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.
Neither the
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