Nanoveu seeks court orders for administrative errors

Nanoveu Limited (ASX: $NVU) has applied to the Supreme Court of Western Australia for orders related to three inadvertent administrative errors and the failure to lodge the 30 June 2023 half year report. The court hearing is scheduled for 19 March 2024 at 11:00am. The Company lodged its Half Year Report on 4 December 2023.

Nanoveu's Executive Commentary

The Company has made an application to the Supreme Court of Western Australia seeking orders in relation to three inadvertent administrative errors and its failure to lodge the 30 June 2023 half year report. We are committed to addressing these issues transparently and in compliance with the requirements of the Corporations Act. The Application is scheduled to be heard by the Supreme Court of Western Australia on 19 March 2024. We have also ensured the lodgment of the Half Year Report to rectify the previous non-compliance.

Summary of Nanoveu's Court Application

Nanoveu Limited (ASX: $NVU) has applied to the Supreme Court of Western Australia to seek orders related to inadvertent administrative errors and the failure to lodge the 30 June 2023 half year report. The Company has taken steps to rectify the situation by lodging the Half Year Report on 4 December 2023. Nanoveu remains committed to addressing these issues transparently and in compliance with the Corporations Act. The Company's forward-looking statements emphasize the uncertainty surrounding the plans for its projects and products, highlighting the need for caution regarding future sales and project outcomes.