BIGG Digital Assets Inc. provides an update with respect to the postposed filing of its annual financial statements and related management discussion and analysis for the year ended December 31, 2019 (together the “Required Annual Filings”).
BIGG previously announced that it expected the Required Annual Filings to be filed no later than May 31, 2020. However, due to continued COVID-19 related delays, BIGG requires additional time and expects to file the Required Annual Filings no later than June 13, 2020.
The Company further announces that filing of its unaudited interim quarterly financial statements and accompanying management’s discussion and analysis for the quarter ended March 31, 2020 (collectively the “Interim Filings”) will be postponed due to delays caused by the COVID-19 pandemic. The Interim Filings would ordinarily have been filed on or before June 1, 2020, the required deadline set by NI 51-102. BIGG is relying on the exemption adopted by the British Columbia Securities Commission (“BCSC”) and provided in BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements (“Blanket Exemption Order”), which provides the Company with an additional 45 days to complete its Interim Filings, which includes the following continuous disclosure documents:
The Company expects to file the Interim Filings no later than July 14, 2020.
As required by BC Instrument 51-515 (Ontario Instrument 51-502, the Company discloses the following:
On behalf of the Board
Mark Binns
Chief Executive Officer
mark@biggdigitalassets.com
T:+1.778.819.8702
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).
Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and enables crypto transactions via retail locations globally, a self-serve crypto brokerage portal and an Over-The-Counter (OTC) trading desk.
Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.
For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com. Or visit SEDAR at www.sedar.com.