4. ANNOUNCEMENTS PROTOCOL
To ensure that market sensitive information is broadly disseminated in an efficient and equitable manner to all sections of the market, the ASX and TSX-V will be used as the central collection and dissemination point for all market sensitive announcements released by the Company as follows:
a) Where both the ASX and the TSX-V exchanges are open and trading at the time market sensitive information is required to be released, market sensitive information will be released either simultaneously to the ASX and TSX-V (if possible) or otherwise managed through the use of trading halts in one or both of the Exchanges to ensure equitable distribution of information to investors trading through both Exchanges.
b) Where only one or neither of the ASX or TSX-V exchanges are open and trading at the time market sensitive information is required to be released:
- market sensitive information will be publicly released in the first instance through whichever of the Exchanges is open and trading (or will be the first to open and commence trading) at the time the price sensitive information is required to be publicly released, whether that be the ASX or the TSX-V: and
- where market sensitive information is first released to one securities exchange, the same information will be submitted for release with the other securities exchange either immediately (where possible) or in any event, prior to the commencement of trading on the latter exchange.
Where the Company and/or Harvest One become obliged to publicly disclose market sensitive information but are not in a position to do so immediately or otherwise within the reasonable timeframes required by the ASX and the TSX-V, the Disclosure Officers are required to consider whether the Company and/or Harvest One should request a trading halt, or, in an exceptional case, a voluntary suspension to prevent trading in the securities of the Company and/or Harvest One whilst the market as a whole is not fully informed.
The Company’s protocol in relation to the preparation and review of all market sensitive announcements is as follows:
a) All market sensitive announcements concerning the Company are to be circulated to and reviewed by all members of the Board of the Company.
Where an announcement concerns Harvest One and/or its wholly owned subsidiaries and requires disclosure on both the ASX and the TSX-V, the respective Boards of the Company and Harvest One will be given the opportunity to review the announcement concurrently.
All members of the Board shall be given a reasonable opportunity to provide the Managing Director (or in his/her absence, the Company Secretary) with verbal or written contribution to each key announcement prior to its release.
b) Any relevant parties named in an announcement should also be given the opportunity to review the announcement prior to its release to confirm all information is factually correct.
c) The final approval of both the Chairman and the Managing Director must be obtained prior to the release of each material announcement to the ASX and the TSX-V (as required) by the Company Secretary. In the event that one of the above Disclosure Officers are not available to carry out their role in the announcements protocol, any director of the Company may fulfil this role in the absence of that Disclosure Officer.
d) Following release via the Exchange, market sensitive announcements may then be posted on the Company’s website and disseminated via other mediums with the aim of making the information readily accessible to the widest audience.
MMJ Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
