Reef announces revocation of cease trade orders


Calgary, Alberta – Reef Sources Ltd. (“Reef“) is happy to announce that it has obtained orders absolutely revoking the stop commerce orders (the “CTOs“) it obtained from the securities commissions in Alberta, British Columbia, Manitoba and Ontario efficient September 23, 2022.

Resulting from a scarcity of capital, Reef didn’t file its annual audited monetary statements, annual administration’s dialogue and evaluation (“MD&A“) and certifications of annual filings for the yr ended July 31, 2013. The CTOs had been issued because of such failure to file. Reef additionally didn’t file all subsequent annual and interim monetary statements, MD&A and certifications besides that it did file monetary statements, MD&A and certifications for the years ended July 31, 2018 and 2017, and for the intervals ended October 31, 2018, January 31, 2019 and April 30, 2019.

Reef ready and filed the next paperwork on SEDAR on March 31, 2022: (a) audited monetary statements, administration’s dialogue and evaluation and certifications of annual filings for the years ended July 31, 2020 and July 31, 2021; (b) unaudited monetary statements, administration’s dialogue and evaluation and certifications of interim filings for the three months ended October 31, 2021; and (c) unaudited monetary statements, administration’s dialogue and evaluation and certifications of annual filings for the six months ended January 31, 2022.

Reef held an annual basic and particular assembly of its shareholders on June 23, 2022. In reference to the shareholders assembly, Reef ready a discover of assembly and administration data round, which was mailed to shareholders and filed on SEDAR on Might 27, 2022.

The continual disclosure paperwork famous above can be found for assessment on-line beneath Reef’s profile on SEDAR (www.sedar.com).

FOR FURTHER INFORMATION, PLEASE CONTACT:
Arnold W Hansen
President, Chief Government Officer, Chief Monetary Officer and Director
(403) 251-9447