TORONTO, Dec. 8, 2022
/CNW/ - RYU Apparel Inc. (TSXV: RYU) (OTC: RYPPF) (FWB: RYA)
("RYU" or the "Company") announced that the
British Columbia Securities Commission has issued a "failure to
file" cease trade order in respect of the Company's securities
under Multilateral Instrument 11-103 Failure-to-File Cease Trade
Orders in Multiple Jurisdictions (the "CTO").
The CTO was issued as a result of the Company's failure to file
its unaudited financial statements, management's discussion and
analysis and related certifications for the quarter ended
September 30, 2022 (collectively, the
"Required Filings") before the November 29, 2022 filing deadline.
The Company has experienced unforeseen delays in finalizing the
Required Filings which resulted from the Company's recent move of
its head office from Vancouver to
Toronto. The Company is diligently
working to complete the Required Filings before the end of
December 2022.
On Behalf of the Board,
RYU Apparel Inc.
"Cesare Fazari"
Cesare Fazari, CEO
Tel: 416-434-5750
About RYU Apparel Inc.
RYU (TSXV: RYU) (OTCQB: RYPPF), or Respect Your Universe, is
an award winning urban athletic apparel and accessories brand
engineered for active lifestyles. Designed without compromise for
fit, comfort, and durability, RYU exists to facilitate optimal
human performance. For more information, please visit the RYU
website at: http://ryu.com
Neither the Exchange nor its Regulation Service Provider (as
that term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this news
release.
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SOURCE RYU Apparel Inc.
