MAG ONE ANNOUNCES FILING OF ANNUAL AND QUARTERLY FINANCIAL STATEMENTS AND REVOCATION OF CEASE TRADE ORDER

For immediate release.

 

PRESS RELEASE

MAG ONE ANNOUNCES FILING OF ANNUAL AND QUARTERLY FINANCIAL STATEMENTS AND REVOCATION OF CEASE TRADE ORDER

 

Vancouver, B.C., Canada – March 6, 2019 – Mag One Products Inc. (the “Company” or “Mag One”) announces that the Company has filed the audited Annual Financial Statements and Management Discussion and Analysis (“MD&A”) for the fiscal year ended September 30, 2018 as well as the Interim Financial Statements and MD&A for the three month period ended December 31, 2018.  Both of these filings have been filed on SEDAR.

With the above mentioned financial statements and related MD&As now being filed, the failure-to-file Cease Trade Order issued by each of the British Columbia Securities Commission and the Ontario Securities Commission on February 1, 2019, has now been lifted as of March 5, 2019.

On behalf of the Board, “Gillian Holcroft”, President & CEO.

Neither the Canadian Securities Exchange nor CNSX Markets accepts responsibility for the adequacy or accuracy of this news release.

About Mag One

For further information or questions respecting the Company kindly contact the Company via email at:  info@MagOneProducts.com.  Additional information can be found on the Company’s website at www.MagOneProducts.com or by viewing the Company’s filings at www.sedar.com.

Forward-Looking Information

Information set forth in this press release may involve forward-looking statements, including statements relating to reinstatement for trading on the CSE.  Forward-looking statements are statements that relate to future, not past, events.  In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume.  Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.  For further information on risk, investors are advised to see the Company’s MD&A and other disclosure filings with the CSE regulators which are found at www.sedar.com.