Green River Gold Corp. Provides Bi-Weekly Status Report
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) has provided a bi-weekly default status report regarding its Management Cease Trade Order (MCTO). The company failed to file its required Annual Filings for the year ended September 30, 2024, by the January 28, 2025 deadline, leading to an MCTO granted by the Alberta Securities Commission on February 6, 2025.
The company confirms no material changes or defaults since the MCTO notice, and directors, officers, and insiders are restricted from trading securities until Annual Filings completion. A key development is the anticipated closing of $900,000 in convertible debentures expected in the week of March 10, 2025. The company must complete the Annual Filings by March 28, 2025, and maintains it will meet this deadline.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) ha fornito un rapporto sullo stato di default bisettimanale riguardante il suo Ordine di Sospensione della Gestione (MCTO). L'azienda non è riuscita a presentare le sue dichiarazioni annuali richieste per l'anno conclusosi il 30 settembre 2024, entro la scadenza del 28 gennaio 2025, portando a un MCTO concesso dalla Commissione dei Valori Mobiliari dell'Alberta il 6 febbraio 2025.
L'azienda conferma che non ci sono state modifiche materiali o default dall'avviso MCTO, e i direttori, funzionari e insider sono vietati dal negoziare titoli fino al completamento delle dichiarazioni annuali. Un importante sviluppo è la prevista chiusura di $900.000 in obbligazioni convertibili attesa nella settimana del 10 marzo 2025. L'azienda deve completare le dichiarazioni annuali entro il 28 marzo 2025 e sostiene che rispetterà questa scadenza.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) ha proporcionado un informe de estado de incumplimiento quincenal relacionado con su Orden de Suspensión de Gestión (MCTO). La empresa no presentó sus declaraciones anuales requeridas para el año que terminó el 30 de septiembre de 2024, antes de la fecha límite del 28 de enero de 2025, lo que llevó a un MCTO otorgado por la Comisión de Valores de Alberta el 6 de febrero de 2025.
La empresa confirma que no ha habido cambios materiales o incumplimientos desde el aviso de MCTO, y los directores, funcionarios e insiders tienen restricciones para negociar valores hasta que se completen las declaraciones anuales. Un desarrollo clave es el cierre anticipado de $900,000 en bonos convertibles esperado para la semana del 10 de marzo de 2025. La empresa debe completar las declaraciones anuales antes del 28 de marzo de 2025 y mantiene que cumplirá con esta fecha límite.
그린 리버 골드 Corp (CSE: CCR) (OTC Pink: CCRRF)는 관리 중단 명령(MCTO)에 대한 격주 기본 상태 보고서를 제공했습니다. 이 회사는 2024년 9월 30일에 종료된 연도의 필수 연간 보고서를 2025년 1월 28일 마감일까지 제출하지 못해 2025년 2월 6일 앨버타 증권 위원회에 의해 MCTO가 승인되었습니다.
회사는 MCTO 통지 이후로 중요한 변경 사항이나 기본이 없음을 확인하며, 이사, 임원 및 내부자는 연간 보고서가 완료될 때까지 증권 거래가 제한됩니다. 주요 개발 사항은 2025년 3월 10일 주에 예상되는 $900,000 상당의 전환 사채의 마감입니다. 회사는 2025년 3월 28일까지 연간 보고서를 완료해야 하며 이 마감일을 준수할 것이라고 주장하고 있습니다.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) a fourni un rapport d'état de défaut bi-hebdomadaire concernant son Ordre de Suspension de Gestion (MCTO). L'entreprise n'a pas réussi à déposer ses déclarations annuelles requises pour l'année se terminant le 30 septembre 2024, avant la date limite du 28 janvier 2025, ce qui a conduit à un MCTO accordé par la Commission des Valeurs Mobilières de l'Alberta le 6 février 2025.
L'entreprise confirme qu'il n'y a eu aucun changement matériel ou défaut depuis l'avis MCTO, et que les directeurs, les dirigeants et les initiés sont interdits de négocier des valeurs mobilières jusqu'à l'achèvement des déclarations annuelles. Un développement clé est la fermeture anticipée de $900,000 en obligations convertibles prévue pour la semaine du 10 mars 2025. L'entreprise doit compléter les déclarations annuelles d'ici le 28 mars 2025 et maintient qu'elle respectera cette échéance.
Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) hat einen zweiwöchentlichen Bericht über den Status des Verzugs in Bezug auf seine Management Cease Trade Order (MCTO) vorgelegt. Das Unternehmen hat es versäumt, die erforderlichen Jahresunterlagen für das am 30. September 2024 endende Jahr bis zur Frist am 28. Januar 2025 einzureichen, was zu einer MCTO führte, die am 6. Februar 2025 von der Alberta Securities Commission genehmigt wurde.
Das Unternehmen bestätigt, dass es seit der MCTO-Mitteilung keine wesentlichen Änderungen oder Verzögerungen gegeben hat und dass Direktoren, Beamte und Insider bis zum Abschluss der Jahresunterlagen vom Handel mit Wertpapieren ausgeschlossen sind. Eine wichtige Entwicklung ist der erwartete Abschluss von $900.000 in wandelbaren Anleihen, der in der Woche vom 10. März 2025 erwartet wird. Das Unternehmen muss die Jahresunterlagen bis zum 28. März 2025 abschließen und versichert, dass es diese Frist einhalten wird.
- Expected closing of $900,000 convertible debentures financing
- Company confirms no additional defaults or material changes since MCTO notice
- Company maintains active business operations despite filing delay
- Failed to file mandatory Annual Filings by January 28, 2025 deadline
- Management Cease Trade Order (MCTO) restricts insider trading
- Audit completion dependent on debenture financing closure
Edmonton, Alberta--(Newsfile Corp. - March 8, 2025) - Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the "Company") is providing this bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").
On February 6, 2025, the Company disseminated a news release (the "MCTO Notice") disclosing that it had voluntarily applied to the Alberta Securities Commission (the "ASC") for a management cease trade order ("MCTO") as it was not able to complete and file its audited financial statements, CEO and CFO certifications, and management discussion & analysis (the "Annual Filings") for the year ended September 30, 2024 by the filing deadline of January 28, 2025. On February 6, 2025, the Company announced that the ASC granted the MCTO.
The Company confirms that since the date of the MCTO Notice: (i) there has been no material change to the information set out in the MCTO Notice that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed.
The Company confirms that its directors, officers and insiders cannot trade the Company's securities until the Annual Filings have been made.
The Company is working diligently with its auditors and to complete the audit of the financial statements for the year ended September 30, 2024. The key to this happening is closing the issue of
About Green River Gold Corp.
Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly-owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia.
The Fontaine Gold and Quesnel Nickel properties cover an area exceeding 200 square kilometres and straddle a 32-kilometre length of the Barkerville and Quesnel Terranes. They are contiguous to Osisko Development Corp.'s mineral claim group containing a proposed mine location at its Cariboo Gold Project.
The Kymar Silver Project is located in southeast BC, approximately 28 kilometres west of the town of Invermere in the Golden Mining Division. The property is made up of two mineral tenures, totaling 1,625 hectares, along the southeast flank of Mount Catherine.
For more information contact:
Green River Gold Corp.
Mr. Perry Little
President and Chief Executive Officer
780-993-2193
Additional information about Green River Gold Corp. can be found by reviewing its profile on SEDAR at www.sedarplus.ca
Forward-Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Expressions such as "anticipates", "expects", "believes", "estimates", "could", "intends", "may", "plans", "predicts", "projects", "will", "would" and other similar expressions, or the negative of these terms, are generally indicative of forward-looking information. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information.
In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct.
The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of the Company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243853
FAQ
When will Green River Gold Corp (CCRRF) complete its Annual Filings for 2024?
What is the value of the convertible debentures Green River Gold Corp (CCRRF) plans to issue?
Why was a Management Cease Trade Order issued for Green River Gold Corp (CCRRF)?
Can insiders trade Green River Gold Corp (CCRRF) shares during the MCTO period?
