KHIRON LIFE SCIENCES ANNOUNCES CEASE TRADE ORDER
TORONTO – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN) (OTCQX: KHRNF) announced today that, further to its press release dated April 17, 2023, the Ontario Securities Commission (the “OSC”) has denied the Company’s application for a management cease trade order (the “MCTO”) in connection with its delay in filing its audited annual financial statements (the “Financial Statements”), management’s discussion and analysis (“MD&A”) and related Chief Executive Officer and Chief Financial Officer certifications (collectively with the Financial Statements and MD&A, the “Annual Filings”) for the financial year ended December 31, 2022, on or before the prescribed deadline of May 1, 2023 (the “Filing Deadline”), as a result of the change in the Company’s CFO. The OSC does not view the Company as having met all of the eligibility criteria for the MCTO set out in National Policy 12-203 – Management Cease Trade Orders, and as a result, has issued a failure-to-file c...