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VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — Telecure Technologies Inc. (“TV“or the”Company”) (CSE: TELE) on May 2, 2022, announced a delay in filing its audited annual financial statements and management report for the years ended December 31, 2021 and 2020, and CEO and director certificates financial, all as required by National Instrument 51-102 – Continuous disclosure obligations and National Instrument 52-109 – Declaration of disclosure in the annual and interim documents of issuers (collectively, the “Deposits”). Filings had to be made with the relevant securities regulatory authorities no later than May 2, 2022.

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The delay in filings is due to the Company having difficulty accessing various documents and information necessary to respond to the client list prepared by the auditor. The Company continues to work diligently to complete its audit procedures. In addition, due to the backlog of filings, the Company was unable to file its interim financial statements, MD&A and related management certificates for the three-month period ended March 31, 2022 (the “Provisional documents”) before the filing deadline of May 30, 2022. The Company expects to file the interim documents immediately after the completion of the documents.‎

The Company has applied to the applicable securities authorities for a management cease trade order as provided for in National Policy 12-203 – Management cease trade orders (“NP 12-203”) from the Canadian Securities Administrators and has received such a management cease trade order. The Company will comply with the requirements of the alternative disclosure guidelines set out in NP 12-203. The Company is not subject to any insolvency proceedings.

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avant-garde
Declarations

Certain statements contained in this press release constitute “forward-looking information” as that term is
defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”,
“will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they
relate to the Company, including statements about the MCTO relating to the Company and the Deposits,
are intended to identify forward-looking information. All statements other than statements of historical fact may
be
future-oriented
information.
Such
statements
reflect
the
Company
running
views
and
intentions
with
respect
future events and current information available to the Company, and are subject to certain risks, uncertainties
and
hypotheses.
Many factors
could
cause
the
current results,
performance
Where
achievements that
Perhaps
expressed or implied by such forward-looking information to differ from that described herein if one or
many of these risks or uncertainties materialize. Examples of such risk factors include, but are not limited to: credit;
market (including stocks, commodities, currencies and interest rates); liquidity; operational (including
Technology
and
Infrastructure);
reputation;
Insurance;
strategic;
regulatory;
legal;
environmental;
Capital city
adequacy; general business and economic conditions in the regions where the Company operates; the
aptitude
of
the
Company
at
execute
on
key
priorities,
including
the
successful
completion
of
acquisition,
business retention and strategic plans and to attract, develop and retain key executives; difficulty integrating new
acquired businesses; the ability to implement business strategies and seize business opportunities; disruptions or attacks (including cyberattacks) of the Company’s information technology,
Internet, network access or other voice or data communication systems or services; the evolution of various
the types of fraud or other criminal behavior to which the Company is exposed; non-compliance by third parties
with their obligations to the Company or its affiliates; the impact of news and changes to, or the application of,
applicable laws and regulations; lower reimbursement rates; a new business model; dependence on key suppliers; the difficult judicial environment overall; increased competition;
increased funding costs and market volatility due to market illiquidity and
competition
for
funding;
the
availablity
of
funds
and
Resources
at
to chase
operations;
critical
accounting
estimates and changes in accounting standards, policies and methods used by the Company; the occurrence of
catastrophic natural and unnatural events and claims resulting from such events; and risks related to COVID-19
including
various
recommendations,
orders
and
measures
of
governmental
authorities
at
try
at
limit
the
pandemic,
including
travel
limitations,
border
closures,
not essential
Company
closures,
quarantines,
self-isolation, shelter-in-place and social distancing, market disruptions, economic activity, funding,
supply chains and sales channels, and a deterioration in general economic conditions, including a possible
national or global recession; as well as the risk factors discussed or mentioned in the Company’s statement
documents filed with titles
regulatory
authorities
in
certain
provinces
of
Canada
and
available
at
www.sedar.com.
Should
any factor affecting the Company in an unexpected way, or if the assumptions underlying the forecasts
information
prove
Incorrect,
the
real
results
Where
events
may differ
materially of the
results
Where
events
predicted.
Any
Phone
future-oriented
information
is
expressly
qualified
in
his
entirety
by
this
precautionary
statement. Furthermore, the Company assumes no responsibility for the accuracy or completeness of these
forward-looking information. The forward-looking information included in this press release is made as of the date
Date
of
this
hurry
Release
and
the
Company
undertakes
Nope
obligation
at
publicly
update
Where
revise
any
future-oriented
information,
other
that like
obligatory
by applicable
right.

THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE