December, 2016 No Comments News

Toronto, Ontario – BitRush Corp. (“BRH” or the “Company”) has been advised by the Ontario Securities Commission that it has issued an order that all trading in, and all acquisitions of, securities of the Company, whether direct or indirect, cease.

The order has been issued as a result of the Company not having filed the required CEO and CFO certifications of interim filings, that should have been filed together with the interim financial statements of the Company and related management’s discussion and analysis (MD&A”), for the nine months ended September 30, 2016, as required by  National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings. Upon advise of mandated professionals, the CEO neither approved nor certified the filings.

The Company has called a meeting of the Board of Directors to investigate the matter, and intends to file amended financial statements, MD&A and certifications as soon as possible in order to obtain the revocation of the cease trade order.