NorthStar Gaming Announces Revocation of Management Cease Trade Order
NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) announced that the Ontario Securities Commission has revoked the temporary management cease trade order (MCTO) on May 16, 2025. The MCTO, which was initially granted on May 8, 2025, has been lifted after the company successfully filed its annual audited financial statements, management's discussion and analysis, and related certifications for the year ended December 31, 2024. The company completed these Annual Filings on May 14, 2025. With the MCTO revocation, management can now resume trading the company's securities.
NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ha annunciato che la Ontario Securities Commission ha revocato l'ordine temporaneo di sospensione della negoziazione per la gestione (MCTO) il 16 maggio 2025. Il MCTO, inizialmente concesso l'8 maggio 2025, è stato rimosso dopo che la società ha presentato con successo i propri bilanci annuali revisionati, la discussione e analisi della direzione e le relative certificazioni per l'anno terminato il 31 dicembre 2024. La società ha completato queste comunicazioni annuali il 14 maggio 2025. Con la revoca del MCTO, la direzione può ora riprendere la negoziazione dei titoli della società.
NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) anunció que la Comisión de Valores de Ontario revocó la orden temporal de suspensión de negociación por gestión (MCTO) el 16 de mayo de 2025. El MCTO, que se había otorgado inicialmente el 8 de mayo de 2025, fue levantado tras la presentación exitosa por parte de la compañía de sus estados financieros auditados anuales, el análisis y discusión de la gerencia y las certificaciones relacionadas para el año terminado el 31 de diciembre de 2024. La empresa completó estas presentaciones anuales el 14 de mayo de 2025. Con la revocación del MCTO, la gerencia puede ahora reanudar la negociación de los valores de la compañía.
NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF)는 온타리오 증권위원회가 2025년 5월 16일 임시 경영자 거래 중지 명령(MCTO)을 해제했다고 발표했습니다. 2025년 5월 8일에 처음 부여된 MCTO는 회사가 2024년 12월 31일 종료된 연도에 대한 연례 감사 재무제표, 경영진 토론 및 분석, 관련 인증서를 성공적으로 제출한 후 해제되었습니다. 회사는 2025년 5월 14일에 이 연례 제출을 완료했습니다. MCTO 해제로 경영진은 이제 회사 증권의 거래를 재개할 수 있습니다.
NorthStar Gaming Holdings Inc. (TSXV : BET) (OTCQB : NSBBF) a annoncé que la Commission des valeurs mobilières de l'Ontario a révoqué l'ordre temporaire de suspension de négociation pour la gestion (MCTO) le 16 mai 2025. Le MCTO, initialement accordé le 8 mai 2025, a été levé après que la société a déposé avec succès ses états financiers annuels audités, la discussion et l'analyse de la direction, ainsi que les certifications associées pour l'exercice clos le 31 décembre 2024. La société a finalisé ces dépôts annuels le 14 mai 2025. Avec la révocation du MCTO, la direction peut désormais reprendre la négociation des titres de la société.
NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) gab bekannt, dass die Ontario Securities Commission die vorübergehende Handelsaussetzung für das Management (MCTO) am 16. Mai 2025 aufgehoben hat. Die MCTO, die ursprünglich am 8. Mai 2025 erteilt wurde, wurde aufgehoben, nachdem das Unternehmen erfolgreich seinen geprüften Jahresabschluss, die Management-Diskussion und -Analyse sowie die zugehörigen Zertifizierungen für das zum 31. Dezember 2024 endende Geschäftsjahr eingereicht hatte. Das Unternehmen schloss diese Jahresmeldungen am 14. Mai 2025 ab. Mit der Aufhebung der MCTO kann das Management nun den Handel mit den Wertpapieren des Unternehmens wieder aufnehmen.
- Management can now resume trading company securities
- Company has successfully completed and filed all required annual financial documents
- Company had previously failed to file annual reports on time, requiring an MCTO
Toronto, Ontario--(Newsfile Corp. - May 20, 2025) - NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") is pleased to announce that effective May 16, 2025, the Ontario Securities Commission has revoked the temporary management cease trade order ("MCTO") it had previously granted to the Company on May 8, 2025 under National Policy 12-203 Management Cease Trade Orders, as the Company successfully completed the filing of its annual audited financial statements, management's discussion and analysis, and related certifications for the year ended December 31, 2024 (collectively, the "Annual Filings") on May 14, 2025.
The revocation of the MCTO means members of management are no longer prevented from trading the Company's securities. All of the Annual Filings are available under the Company's profile on SEDAR+ at www.sedarplus.ca.
About NorthStar
NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.
As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.
NorthStar is listed in Canada on the TSX Venture Exchange ("TSXV") under the symbol "BET" and in the United States on the OTCQB under the symbol "NSBBF". For more information on the Company, please visit: www.northstargaming.ca.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Note Regarding Forward-Looking Information and Statements
This communication contains "forward-looking information" within the meaning of applicable securities laws in Canada ("forward-looking statements"), including without limitation, statements with respect to the following: expected performance of the Company's business, and the timing of the release of the Company's financial results. The foregoing is provided for the purpose of presenting information about management's current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company's anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates" or "believes", or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management's opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, among others, the following: risks related to the Company's business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the "Risk Factors" section of the Company's most recent annual information form, which is available under NorthStar's profile on SEDAR+ at www.sedarplus.ca. Many of these risks are beyond the Company's control.
If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar's expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.
For further information:
Company Contact:
Corey Goodman
Chief Development Officer 647-530-2387
investorrelations@northstargaming.ca
Investor Relations:
RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252782
FAQ
What is the status of NorthStar Gaming's (NSBBF) management cease trade order?
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Can NorthStar Gaming (NSBBF) management now trade company securities?
