Peruvian Metals Provides Second Bi-Weekly MCTO Status Update
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) has provided its second bi-weekly status update regarding the Management Cease Trade Order (MCTO) issued on July 30, 2024. The MCTO restricts the company's CEO and CFO from trading securities until required filings are submitted to the Alberta Securities Commission (ASC). The delay concerns the company's audited annual financial statements for the year ended March 31, 2024, along with related documents.
Initially expecting to file by August 16, the company now anticipates submitting the required documents by August 30, 2024. Peruvian Metals confirms no material changes since the original announcement, continued compliance with NP 12-203 guidelines, and no other defaults or undisclosed material information.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) ha fornito il suo secondo aggiornamento bisettimanale riguardo l'Ordine di Sospensione della Negoziazione da parte della Direzione (MCTO) emesso il 30 luglio 2024. L'MCTO vieta al CEO e al CFO dell'azienda di negoziare titoli fino a quando non verranno presentati i documenti richiesti alla Commissione di Sicurezza dell'Alberta (ASC). Il rinvio riguarda i bilanci finanziari annuali auditati dell'azienda per l'anno terminato il 31 marzo 2024, insieme alla documentazione correlata.
Inizialmente, l'azienda prevedeva di presentare i documenti entro il 16 agosto, ma ora si aspetta di inviare la documentazione necessaria entro il 30 agosto 2024. Peruvian Metals conferma che non ci sono cambiamenti significativi da quando è stata fatta la comunicazione originale, che sta continuando a rispettare le linee guida NP 12-203 e che non ci sono altre inadempienze o informazioni materiali non divulgate.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) ha proporcionado su segundo informe quincenal sobre la Orden de Suspensión de Negociación por parte de la Gerencia (MCTO) emitida el 30 de julio de 2024. La MCTO restringe al CEO y al CFO de la empresa de negociar valores hasta que se presenten los documentos requeridos a la Comisión de Valores de Alberta (ASC). El retraso se refiere a los estados financieros anuales auditados de la empresa para el año que finalizó el 31 de marzo de 2024, junto con documentos relacionados.
Inicialmente, se esperaba presentar los documentos para el 16 de agosto, pero ahora la empresa anticipa presentar la documentación requerida para el 30 de agosto de 2024. Peruvian Metals confirma que no ha habido cambios materiales desde el anuncio original, que sigue cumpliendo con las pautas NP 12-203 y que no hay otras faltas o información material no divulgada.
페루 메탈스 코퍼레이션(Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF))은 2024년 7월 30일에 발행된 관리 거래 중단 명령(MCTO)에 대한 두 번째 격주 현황 업데이트를 제공했습니다. MCTO는 CEO와 CFO가 알버타 증권 위원회(ASC)에 필요한 서류가 제출될 때까지 증권 거래를 제한합니다. 지연은 2024년 3월 31일로 끝나는 회계연도의 감사된 연간 재무제표와 관련 문서와 관련이 있습니다.
당초 8월 16일까지 제출할 계획이었으나, 회사는 이제 필요한 문서를 2024년 8월 30일까지 제출할 것으로 예상하고 있습니다. 페루 메탈스는 원래 발표 이후 재료적인 변화가 없으며, NP 12-203 지침을 계속 준수하고 있으며, 기타 위반 사항이나 공개되지 않은 중대한 정보가 없음을 확인했습니다.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) a fourni sa deuxième mise à jour bi-hebdomadaire concernant l'Ordonnance d'Interdiction de Négociation par la Direction (MCTO) émise le 30 juillet 2024. La MCTO interdit au PDG et au DAF de l'entreprise de négocier des valeurs mobilières jusqu'à ce que les documents requis soient soumis à la Commission des valeurs mobilières de l'Alberta (ASC). Le retard concerne les états financiers annuels audités de l'entreprise pour l'exercice clos le 31 mars 2024, ainsi que des documents connexes.
Initialement, l'entreprise prévoyait de soumettre les documents d'ici le 16 août, mais elle s'attend désormais à soumettre les documents requis d'ici le 30 août 2024. Peruvian Metals confirme qu'il n'y a eu aucun changement matériel depuis l'annonce initiale, qu'elle continue de se conformer aux directives NP 12-203 et qu'il n'y a pas d'autres manquements ou d'informations matérielles non divulguées.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) hat sein zweites zweiwöchentliches Status-Update zur Management-Handelsstopp-Verfügung (MCTO) gegeben, die am 30. Juli 2024 erlassen wurde. Die MCTO schränkt den CEO und CFO des Unternehmens ein, bis die erforderlichen Unterlagen bei der Alberta Securities Commission (ASC) eingereicht werden. Die Verzögerung betrifft die geprüften Jahresabschlüsse des Unternehmens für das am 31. März 2024 endende Geschäftsjahr sowie verwandte Dokumente.
Ursprünglich wurde erwartet, die Unterlagen bis zum 16. August einzureichen, das Unternehmen geht nun jedoch davon aus, die erforderlichen Dokumente bis zum 30. August 2024 einzureichen. Peruvian Metals bestätigt, dass es seit der ursprünglichen Ankündigung keine wesentlichen Änderungen gegeben hat, weiterhin die NP 12-203-Richtlinien einhält und keine weiteren Verstöße oder nicht offengelegte wesentliche Informationen vorliegen.
- None.
- Delayed filing of annual financial statements and related documents
- Management Cease Trade Order (MCTO) restricting CEO and CFO from trading company securities
Edmonton, Alberta--(Newsfile Corp. - August 19, 2024) - Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) ("Peruvian Metals" or the "Company"), a Canadian exploration and mineral processing company with operations in Peru, is providing the second bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").
On July 22, 2024, the Company announced that it applied for a management cease trade order ("MCTO") with the Alberta Securities Commission ("ASC") in connection with the delay in filing of its audited annual financial statements for the year ended March 31, 2024, related management discussion and analysis and CEO and CFO certificates (collectively, the "Required Documents") by the prescribed filing deadline (the "Original Announcement"). At that time, based on information then-available, the Company expected to file the Required Documents by August 16, 2024. The MCTO was issued on July 30, 2024 and restricts its Chief Executive Officer and Chief Financial Officer from trading in securities of the Company, whether direct or indirect, until two full business days following the receipt by the ASC of all filings the Company is required to make under Alberta securities law (including the Required Documents). The MCTO does not affect the ability of other shareholders, including the public, to trade in securities of the Company. On August 7, 2024, in its first bi-weekly status update, the Company announced that it expected to file the Required Documents by August 30, 2024.
As of today's date, the Company continues to expect that the Required Documents will be filed by August 30, 2024.
The Company confirms that since the date of the Original Announcement: (i) other than as described above and in its first bi-weekly status update, there has been no material change to the information set out in the Original Announcement 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 it will continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 so long as it remains in default of the requirement to file the Required Documents.
About Peruvian Metals Corp.
Peruvian Metals Corp. is a Canadian Exploration and Mineral Processing company. Our business model is to provide toll milling services for clients and to produce high grade sulphide concentrates from mineral purchases. The Company continues to acquire and develop precious and base metal properties in Peru.
For further information about Peruvian Metals Corp. please visit www.peruvianmetals.com.
Peruvian Metals Corp. is a Canadian resource company listed on the
TSX Venture Exchange : Symbol "PER" , and the OTCQB Venture Market: Symbol "DUVNF".
For additional information, contact: Jeffrey Reeder Tel: (647) 302-3290
Website: www.peruvianmetals.com Email: jeffrey.reeder@peruvianmetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information:
Certain statements made in this press release may constitute "forward-looking information", "future oriented financial information" or "financial outlooks" (collectively, "forward-looking information") within the meaning of applicable securities laws. The forward-looking information are often, but not always, identified using words such as "seek", "anticipate", "plan", "estimate", "expect", "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking information, readers should not place undue reliance on such information. The risks and uncertainties include, but are not limited to, the anticipating timing of filing the Required Filings. Forward-looking information is current as of the date it is made and is based on reasonable estimates and assumptions made by us at the relevant time in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances.
To the extent any forward-looking information in this press release constitutes "future oriented financial information" or "financial outlooks", within the meaning of applicable securities laws, the purpose of such information being provided is to demonstrate the potential of the Company and readers are cautioned that this information may not be appropriate for any other purpose. However, we do not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada.
There can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking information, including but not limited to the factors described in the public documents of the Company available under its profile on SEDARPLUS at www.SEDARPLUS.ca. The Company cautions that these factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220506
FAQ
When does Peruvian Metals (DUVNF) expect to file its delayed financial statements?
What is the current status of the Management Cease Trade Order (MCTO) for Peruvian Metals (DUVNF)?
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What financial period is covered by Peruvian Metals' (DUVNF) delayed filings?
