Friday, December 07, 2018 11:53:58 AM
NewsfileDecember 3, 2018, 2:40 PM EST
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2018) - LottoGopher Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) (FSE: 2LG) ("LottoGopher" or the "Company") is pleased to announce that Ali Zamani, a current director of the Company, has been appointed as interim Chief Financial Officer.
Mr. Mohan has resigned from his role as director and Chief Financial Officer of Lottogopher. The Company would like to thank Mr. Mohan for his hard work and contributions to the Company.
The Company also announces that it will not meet the requirements set out in NI 51-102 Sec. 4.4(b)(i) and therefore will be in default. The reason for the default is prior to the interim financial reporting deadline the accounting firm responsible for completing all reporting requirements terminated its relationship with the reporting issuer. The reporting issuer has hired in-house staff to complete the interim reporting responsibilities and fulfill the accounting and finance functions going forward. The reporting issuer expects to remedy the default by December 31, 2018. The Company confirms that it intends to satisfy the provisions of the alternative information guidelines so long as it remains in default of a specified requirement. The reporting issuer is seeking an extension to file interim financial reports. During this period no other financial information will be available. No other information is required that has not already been disclosed.
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