Yield Growth Announces Delay in Filing Under CSA I
Post# of 254
Sat April 4, 2020
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2020) - The Yield Growth Corp. (BOSQF) (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) ("Yield Growth" or the "Company" announces that further to its announcement on April 2, 2020, due to the disruption caused by the spread of COVID-19 and logistical problems relating to switching to having its personnel working remotely, it did not file its audited annual financial statements for the year ended November 30, 2019 (the "Financial Statements" and the related management discussion and analysis for the same period (the "MD&A" by the required due date of March 30, 2020, in each case as required by National Instrument 51-102.
The Company expects to file the Financial Statements and MD&A on or about April 14th, 2020.
The Company's management and other insiders are subject to a trading black-out that reflects the principles in Section 9 of National Policy 11-207 until the Financial Statements and MD&A have been filed;
Other than as previously disclosed by the Company, there have been no material business developments since the date of the Company's quarterly financial statements and management discussions and analysis for the nine month period ended August 31, 2019.
About The Yield Growth Corp.
The Yield Growth Corp. conducts research and development and sells plant-based products that improve lives. It has over 200 proprietary wellness formulas at various stages of commercialization. Its products are sold through e-commerce worldwide and retail stores in 3 countries with distribution agreements in place for 12 more countries. It conducts research for plant-based therapeutics, including protection against infectious diseases, and has 13 patents filed in what the Global Wellness Institute reports is a $4.2 trillion-dollar global wellness market. It owns the plant-based skin care brand Urban Juve, which is currently launching a line of hand care products, and it owns wellness brands Wright & Well and Jack n Jane. It's majority owned subsidiary Flourish Mushroom Labs is launching a line of medicinal mushroom products and developing a business in the emerging market of psychedelic medicine. The Yield Growth management team has deep experience with global brands including Johnson & Johnson (JNJ), Procter & Gamble, Skechers and Aritzia (ATZAF). Yield Growth earns revenue through multiple streams including licensing, services and product sales.
For more information about Yield Growth, visit www.yieldgrowth.com or follow @yieldgrowth on Instagram. Visit www.urbanjuve.com and #findyourjuve across social platforms to learn, engage and shop.
Investor Relations Contacts:
Penny White, President & CEO
Kevan Matheson, Investor Relations
invest@yieldgrowth.com
1-833-514-BOSS 1-833-514-2677
1-833-515-BOSS 1-833-515-2677
https://seekingalpha.com/pr/17828475-yield-gr...covidminus