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Telecure Applied sciences Inc. Supplies Replace at the Filings of Its Audited Monetary Statements and Comparable Control Stop Industry Order


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VANCOUVER, British Columbia, June 17, 2022 (GLOBE NEWSWIRE) — Telecure Applied sciences Inc. (“TELE” or the “Corporate”) (CSE: TELE) on Might 2, 20222, introduced a lengthen within the submitting of its audited annual monetary statements and control dialogue & research for the monetary years ended December 31, 2021 and 2020, and the CEO and CFO certificate, all as required via Nationwide Tool 51-102 – Steady Disclosure Duties and Nationwide Tool 52-109 – Certification of Disclosure in Issuers’ Annual and Intervening time Filings (jointly, the “Filings”). The Filings have been required to be made with the related securities regulatory government on or earlier than Might 2, 2022.

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The lengthen of the Filings is because of indisputable fact that the Corporate is having problem getting access to quite a lot of paperwork and ‎knowledge ‎required in an effort to reply to the auditor-prepared equipped via consumer listing. The Corporate continues operating diligently to finish its audit procedures. The Corporate continues to watch for that the Filings will likely be finished no later than June 30, 2022.

The Corporate has implemented to the related securities regulators for a control stop business order as pondered via ‎Nationwide Coverage 12-203 – Control Stop Industry Orders (“NP 12-203”) of the Canadian Securities Directors and has gained such control stop business order. The Corporate will agree to the necessities of the other knowledge tips set out in NP 12-203. The Corporate isn’t matter to any insolvency complaints.

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Ahead-Taking a look
Statements

Sure statements contained on this press unlock represent “forward-looking knowledge” as such time period is
outlined in appropriate Canadian securities regulation. The phrases “would possibly”, “would”, “may just”, “will have to”, “doable”,
“will”, “search”, “intend”, “plan”, “watch for”, “imagine”, “estimate”, “be expecting” and equivalent expressions as they
relate to the Corporate, together with statements with recognize to the MCTO in recognize of the Corporate and the Filings,
are meant to spot forward-looking knowledge. All statements instead of statements of ancient reality would possibly
be
forward-looking
knowledge.
Such
statements
replicate
the
Corporate’s
present
perspectives
and
intentions
with
recognize
to long run occasions, and present knowledge to be had to the Corporate, and are matter to sure dangers, uncertainties
and
assumptions.
Many elements
may just
motive
the
precise effects,
efficiency
or
achievements that
could also be
expressed or implied via such forward-looking knowledge to change from the ones described herein will have to one or
extra of those dangers or uncertainties materialize. Examples of such chance elements come with, with out limitation: credit score;
marketplace (together with fairness, commodity, foreign currency echange and rate of interest); liquidity; operational (together with
generation
and
infrastructure);
reputational;
insurance coverage;
strategic;
regulatory;
prison;
environmental;
capital
adequacy; the overall trade and financial stipulations within the areas through which the Corporate operates; the
skill
of
the
Corporate
to
execute
on
key
priorities,
together with
the
a success
crowning glory
of
acquisitions,
trade retention, and strategic plans and to draw, increase and retain key executives; problem integrating newly
bought companies; the power to put into effect trade methods and pursue trade alternatives; disruptions in or assaults (together with cyber-attacks) at the Corporate’s knowledge generation,
web, community get right of entry to or different voice or knowledge communications methods or products and services; the evolution of quite a lot of
kinds of fraud or different legal habits to which the Corporate is uncovered; the failure of 3rd events to conform
with their tasks to the Corporate or its associates; the have an effect on of latest and adjustments to, or utility of,
present rules and rules; decline of repayment charges; a singular trade style; dependence on key providers; the total tricky litigation setting; larger pageant;
larger investment prices and marketplace volatility because of marketplace illiquidity and
pageant
for
investment;
the
availability
of
finances
and
assets
to
pursue
operations;
crucial
accounting
estimates and adjustments to accounting requirements, insurance policies, and techniques utilized by the Corporate; the incidence of
herbal and unnatural catastrophic occasions and claims because of such occasions; and dangers associated with COVID-19
together with
quite a lot of
suggestions,
orders
and
measures
of
governmental
government
to
check out
to
prohibit
the
pandemic,
together with
commute
restrictions,
border
closures,
non-essential
trade
closures,
quarantines,
self-isolations, shelters-in-place and social distancing, disruptions to markets, financial process, financing,
provide chains and gross sales channels, and a deterioration of normal financial stipulations together with a imaginable
nationwide or world recession; in addition to the ones chance elements mentioned or referred to within the Corporate’s disclosure
paperwork filed with the securities
regulatory
government
in
sure
provinces
of
Canada
and
to be had
at
www.sedar.com.
Must
any issue impact the Corporate in an sudden means, or will have to assumptions underlying the forward-looking
knowledge
end up
flawed,
the
precise
effects
or
occasions
would possibly vary
materially from the
effects
or
occasions
predicted.
Any
such
forward-looking
knowledge
is
expressly
certified
in
its
entirety
via
this
cautionary
observation. Additionally, the Corporate does no longer suppose duty for the accuracy or completeness of such
forward-looking knowledge. The forward-looking knowledge integrated on this press unlock is made as of the
date
of
this
press
unlock
and
the
Corporate
undertakes
no
legal responsibility
to
publicly
replace
or
revise
any
forward-looking
knowledge,
different
than as
required
via appropriate
regulation.

THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE



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