Future Farm Provides Default Status Update



Future Farm Technologies Inc.

Vancouver, British Columbia / TheNewswire / July 28, 2017 – Future Farm Technologies Inc. (the “Company”) (CSE: FFT) (OTCQB: FFRMF) announces that it now intends to file its 2017 annual audited financial statements (the “Annual FS”), its related management’s discussion and analysis (the “Annual MD&A”), and CEO and CFO certifications (collectively, the “Required Filings”) at the beginning of next week. The Company was previously granted a voluntary management cease trade order by the British Columbia Securities Commission on June 29, 2017 in connection with completion of the Required Filings and expects this order to be revoked following completion of the Required Filings.

 

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in section 4.3 and 4.4 of National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults for so long as it remains in default of the requirement to file the Required Filings. The Company confirms it has not taken any steps towards any insolvency proceeding and it has no material information to release to the public at this time. The Company has made the foregoing representations in accordance with the requirements of applicable securities laws.

 

For further information, contact William Gildea at 617.834.9467. On behalf of the Board,

Future Farm Technologies Inc.

William Gildea, Chief Executive Officer

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the Canadian Securities Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.