Earthworks Industries Inc. Provides Management Cease Trade Order Update
EARTHWORKS INDUSTRIES INC. PROVIDES
MANAGEMENT CEASE TRADE ORDER
UPDATE
VANCOUVER, BC
,
April 14, 2026
/CNW/ - Earthworks Industries Inc. (TSXV: EWK) (OTCQB:
EAATF) (the
"Company"
) is providing an update with respect to its previously announced
management cease trade order ("
MCTO
") issued by the British Columbia Securities Commission
(the "
BCSC
") under National Policy 12-203 –
Management Cease Trade Orders
("
NP 12-203
"), as
previous disclosed in the news releases of the Company dated March 19, 2026 (the "
Default
Announcement
") and March 31, 2026 (the "
MCTO News Release
").
The Company and its auditors continue to work diligently to file the audited financial statements and
related annual management's discussion and analysis for the financial year ended November 30,
2025, as required under Part 4 and Part 5, respectively, of National Instrument 51-102 --
Continuous Disclosure Obligations
, and related certifications of such filings by the Company's chief
executive officer and chief financial officer as required under Part 4 of National Instrument 52-109 --
Certification of Disclosure in Issuers' Annual and Interim Filings
(collectively, the "
Annual Filings
").
It is expected that the Company will be able to complete the Annual filings by no later than May 29,
2026.
The Company is providing this bi-weekly update in accordance with NP 12-203 and will continue to
provide such bi-weekly updates until such time that it remains in default for failure to file the Annual
Filings.
The Company confirms that as of the date herein, (a) there has been no material change to the
information set out in the Default Announcement or the MCTO News Release that has not been
generally disclosed; (b) there has been no failure by the Company in fulfilling its stated intentions
with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-
203; (c) there has not been, nor is there anticipated to be, any specified default subsequent to the
default which is the subject of the Default Announcement; and (d) there is no other material
information concerning the affairs of the Company that has not been generally disclosed.
About Earthworks Industries Inc.
Earthworks Industries Inc. is a publicly listed company focused on advancing innovative solutions
across the materials recovery and infrastructure value chain, with an emphasis on efficiency,
scalability, and long-term sustainability.
Cautionary Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) has approved nor disapproved the contents of this news
release, nor do they accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this release constitute forward-looking statements or information
under Canadian securities legislation. Generally, forward-looking statements can be identified by the
use of forward-looking terminology such as "will", "expects", "anticipates" or variations of such words
and phrases or statements that certain actions, events or results "will" occur. In particular, forward-
looking statements in this release include statements regarding: the anticipated timing for the filing of
the Annual Filings; and the ability of the Company to comply with the requirements of NP12-203.
Forward-looking statements are based on the opinions and estimates of management as of the date
such statements are made and are subject to known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from those expressed or implied by
such forward-looking statements, including that the Annual Filings may not be completed in the time
anticipated or allowed for by the MCTO, in which case a general cease trade order may be issued
with respect to the Company's securities. Although management of the Company has attempted to
identify important factors that could cause actual results to differ materially from those contained in
the forward-looking statements, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
statements. The Company cautions readers of this news release not to place undue reliance on the
forward-looking statements contained in this release as many factors could cause actual results or
conditions to differ materially from current expectations. Additional information on these and other
risk factors that could affect the Company's operations are outlined in the Company's continuous
disclosure documents that can be found on SEDAR+ (
www.sedarplus.ca
) under the Company's
issuer profile. The Company does not intend and disclaims any obligation, except as required by law,
to update or revise any forward-looking statements, whether because of new information, future
events, or otherwise.
SOURCE Earthworks Industries Inc.
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%SEDAR: 00008386E
For further information:
For further information contact: Earthworks Industries Inc., David
Atkinson, President/CEO, (604) 669-3143
CO: Earthworks Industries Inc.
CNW 16:05e 14-APR-26