PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that it intends to rely on the temporary blanket relief for market participants from certain regulatory filings published by Canadian securities regulators on March 23, 2020, as a result of the COVID-19 pandemic. Per the update, the relief provides PowerBand Solutions with a 45-day extension to file its Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2019, as well as its financial statements and MD&A for the period ended March 31, 2020. The company expects to submit its annual filings on or before June 15, 2020, and its Q1 filings on or before July 16, 2020.
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About PowerBand Solutions Inc.
PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – being trademarked under DRIVRZ – is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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