FORT ST. JOHN, British Columbia – TheNewswire - October 6, 2026 – A.C.L. Construction Ltd. (TSXV: ACL) (the “Corporation”) announces that the British Columbia Securities Commission (the “BCSC”), as the Corporation’s principal regulator, issued a failure-to-file cease trade order (the “FFCTO”) against the Corporation on October 5, 2026. The FFCTO was issued as a result of the Corporation’s failure to file, by the September 28, 2026 filing deadline (the “Filing Deadline”), its audited annual financial statements for the financial year ended May 31, 2026, together with the related management’s discussion and analysis and chief executive officer and chief financial officer certificates (collectively, the “Required Filings”).
As previously announced on September 28, 2026, the Corporation had applied to the BCSC for a temporary management cease trade order (an “MCTO”) in lieu of a general cease trade order. The MCTO application was not accepted.
The FFCTO generally ceases all trading, direct or indirect, in the securities of the Corporation by any person, and will remain in effect until the Required Filings have been filed and the FFCTO has been revoked.
The Corporation continues to work toward completion of the Required Filings and anticipates that it will be in a position to remedy the default on or before November 27, 2026.
For more information, please contact:
John McPherson
Chief Executive Officer and Director
Email: [email protected]
Phone: 250-263-1205
Forward Looking Statements
This news release contains forward-looking statements relating to, among other things, the expected timing of the filing of the Required Filings, the anticipated remediation date, the scope and duration of the FFCTO, and the possibility of reciprocal cease trade orders in other jurisdictions. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation’s expectations are risks detailed from time to time in the filings made by the Corporation with applicable securities regulatory authorities. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Corporation does not undertake to update or revise any of the included forward-looking statements except as expressly required by Canadian securities law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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