Pursuant to subsection 4.3(4) of National Instrument 51-102, in connection with filing its annual financial statements for the year ended December 31, 2021 today in accordance with U.S. GAAP, Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE:PLTH)(OTCQX:PLNHF) is also required to file restated interim financial reports for the interim periods in 2020 under U.S. GAAP (the “Restated Interim Financial Reports”). The Restated Interim Financial Report for September 30, 2021 are expected to be filed today and Planet 13 was granted an exemption by the Ontario Securities Commission (“OSC”) providing Planet 13 with an additional 45 days from today to file the Restated Interim Financial Reports for March 31, 2021 and June 30, 2021 (the “Applicable Restated Interim Financial Reports”). In accordance with requirements of the decision document received from the OSC, Planet 13 affirms the following:
- Planet 13 is relying on this exemption;
- that its management and other insiders are subject to an insider black-out policy that reflects the principles in section 9 of National Policy 11-207; and
- that management expects to file the Applicable Restated Interim Reports and related MD&As on or prior to May 10, 2022.
