Peekaboo Beans Inc (C:BEAN)
Shares Issued 67,263,912
Last Close 2/11/2022 $0.025
Monday February 14 2022 - News Release

Ms. Traci Costa reports

PEEKABOO BEANS PROVIDES STATUS UPDATE FOR FILING ANNUAL FINANCIAL STATEMENTS

Further to its news release on Jan. 31, 2022, Peekaboo Beans Inc.'s principal regulator, the British Columbia Securities Commission, granted a management cease trade order on Jan. 31, 2022, under National Policy 12-203, Management Cease Trade Orders.

Pursuant to the MCTO, the company's chief executive officer and the chief financial officer may not trade in securities of the company until such time as the company files its annual audited financial statements for the year ended Sept. 30, 2021, management discussion and analysis and related certifications and the commission revokes the MCTO. The MCTO does not affect the ability of shareholders to trade their securities.

The company's board of directors and management confirm that they are working expeditiously to file the required documents and confirm that since the company's press release dated Jan. 31, 2022, there is no other material information respecting the company's affairs that has not been generally disclosed.

Until the required documents have been filed, the company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing biweekly default status reports in the form of further press releases for so long as the company remains in default of the financial statement filing requirement.

About Peekaboo Beans Inc.

Peekaboo Beans is an integrated and innovative children's wellness brand. From sustainable clothing options that kids love to wear to healthy foods that fuel children's play, the company's mission is to provide the ingredients for a playful life. Together with its monthly adventure subscription box, consisting of interactive and engaging activities that educate and entertain, developed by an Emmy Award winning child psychologist and devoted kid experts, Peekaboo Beans' goal is to enrich, empower and nourish children through quality nutrition, clothing and play -- every day. The company maximizes revenue by reaching sellers and on-line retailers through an omnichannel approach.