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Promino Nutritional Sciences Addresses OSC Disclosure Deficiencies

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Promino Nutritional Sciences Addresses OSC Disclosure Deficiencies

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Element Nutritional Sciences Inc ( (TSE:MUSL) ) has shared an announcement.

Promino Nutritional Sciences Inc. has filed corrective disclosures following a review by the Ontario Securities Commission (OSC), addressing deficiencies in its annual management’s discussion and analysis and executive compensation statement for 2024. This corrective action, which includes updated corporate governance and audit committee disclosures, as well as enhanced related party transaction details, is part of the company’s effort to revoke a cease trade order issued by the OSC. The company’s placement on the Errors and Refilings List for three years highlights the importance of these updates for regulatory compliance and transparency.

More about Element Nutritional Sciences Inc

Promino Nutritional Sciences Inc. is a Canadian nutraceutical company based in Burlington, Ontario, founded in 2015. The company specializes in developing science-based products for the global consumer packaged goods market, focusing specifically on muscle health. Promino’s lead product, Rejuvenate Muscle Health™, is formulated to aid in building, restoring, and rejuvenating natural muscle mass. Additionally, Promino offers an elite performance supplement, Promino™, designed for athletes to enhance muscle recovery and strength.

Technical Sentiment Signal: Sell

Current Market Cap: C$5.64M

For detailed information about MUSL stock, go to TipRanks’ Stock Analysis page.

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