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.
To view the full press release, visit http://ibn.fm/MTHCI
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.
NOTE TO INVESTORS: The latest news and updates relating
to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
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