Peruvian Metals Provides Status Update on Annual and Interim Financial Statements
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) has provided an update on the delay in filing its financial statements. The company, which operates in Peru, has been granted a management cease trade order (MCTO) by the Alberta Securities Commission. This order restricts the CEO and CFO from trading company securities until all required filings are completed.
Initially expecting to file by August 16, 2024, the company has now extended its filing date to September 6, 2024 for both the annual financial statements (year ended March 31, 2024) and the Q1 interim report (quarter ended June 30, 2024). Peruvian Metals assures that there have been no material changes or additional defaults beyond those disclosed, and it will continue to comply with alternative information guidelines.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) ha fornito un aggiornamento sul ritardo nella presentazione dei propri bilanci finanziari. L'azienda, che opera in Perù, ha ricevuto un ordine di stop alla gestione (MCTO) dalla Commissione per i titoli dell'Alberta. Questo ordine limita il CEO e il CFO dal commerciare titoli societari fino al completamento di tutte le presentazioni richieste.
Inizialmente prevista per il 16 agosto 2024, la società ha ora posticipato la data di presentazione al 6 settembre 2024 sia per il bilancio annuale (chiuso il 31 marzo 2024) che per il rapporto intermedio del primo trimestre (chiuso il 30 giugno 2024). Peruvian Metals garantisce che non ci sono stati cambiamenti sostanziali o inadempienze aggiuntive oltre a quelle già dichiarate e continuerà a conformarsi alle linee guida sulle informazioni alternative.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) ha proporcionado una actualización sobre el retraso en la presentación de sus estados financieros. La empresa, que opera en Perú, ha recibido una orden de cese de gestión (MCTO) de la Comisión de Valores de Alberta. Esta orden restringe al CEO y al CFO de comerciar valores de la empresa hasta que se completen todas las presentaciones requeridas.
Inicialmente, se esperaba presentar para el 16 de agosto de 2024, pero ahora la empresa ha extendido la fecha de presentación al 6 de septiembre de 2024 tanto para los estados financieros anuales (año que terminó el 31 de marzo de 2024) como para el informe interino del primer trimestre (trimestre que terminó el 30 de junio de 2024). Peruvian Metals asegura que no ha habido cambios materiales ni incumplimientos adicionales más allá de los ya divulgados, y continuará cumpliendo con las pautas de información alternativa.
페루 메탈스 코프(Peruvian Metals Corp.)(TSXV: PER)(OTCQB: DUVNF)는 재무제표 제출 지연에 대한 업데이트를 제공했습니다. 페루에서 운영되는 이 회사는 앨버타 증권 위원회로부터 관리 거래 중단 명령(MCTO)을 받았습니다. 이 명령은 CEO와 CFO가 모든 필수 제출이 완료될 때까지 회사 증권 거래를 제한합니다.
처음에는 2024년 8월 16일까지 제출할 예정이었으나, 이제 회사는 연간 재무제표(2024년 3월 31일 결산)와 1분기 중간 보고서(2024년 6월 30일 결산)에 대한 제출 날짜를 2024년 9월 6일로 연장했습니다. 페루 메탈스는 기존에 공시된 사항 이외의 중요한 변경사항이나 추가적인 위반사항은 없다고 보장하며 대체 정보 지침을 준수할 것이라고 밝혔습니다.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) a fourni une mise à jour sur le retard dans le dépôt de ses états financiers. L'entreprise, qui opère au Pérou, a reçu une ordonnance de cessation de gestion (MCTO) de la Commission des valeurs mobilières de l'Alberta. Cette ordonnance restreint le PDG et le directeur financier de négocier des titres de l'entreprise jusqu'à ce que tous les dépôts requis soient complétés.
Initialement prévue pour le 16 août 2024, l'entreprise a maintenant repoussé la date de dépôt au 6 septembre 2024 tant pour les états financiers annuels (exercice clos le 31 mars 2024) que pour le rapport intermédiaire du premier trimestre (trimestre clos le 30 juin 2024). Peruvian Metals assure qu'il n'y a eu aucun changement matériel ou défaut supplémentaire au-delà de ceux déjà divulgués, et qu'elle continuera à se conformer aux directives d'information alternative.
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) hat ein Update zur Verzögerung bei der Einreichung ihrer Finanzberichte bereitgestellt. Das Unternehmen, das in Peru tätig ist, hat von der Alberta Securities Commission eine Management-Einstellungsanordnung (MCTO) erhalten. Diese Anordnung schränkt den CEO und CFO darin ein, Unternehmenswerte zu handeln, bis alle erforderlichen Einreichungen abgeschlossen sind.
Ursprünglich geplant für den 16. August 2024, hat das Unternehmen nun das Einreichungsdatum auf den 6. September 2024 sowohl für die Jahresabschlüsse (Jahr endete am 31. März 2024) als auch für den Zwischenbericht Q1 (Quartal endete am 30. Juni 2024) verschoben. Peruvian Metals versichert, dass es keine wesentlichen Änderungen oder zusätzlichen Verstöße über das bereits Offengelegte gegeben hat und dass die Einhaltung der Richtlinien für alternative Informationen weiterhin gewährleistet wird.
- None.
- Delayed filing of annual financial statements and Q1 interim report
- Management cease trade order (MCTO) issued, restricting CEO and CFO from trading company securities
- Multiple extensions of expected filing dates, indicating potential internal issues or complexities
Edmonton, Alberta--(Newsfile Corp. - August 29, 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 an update 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. On August 19, 2024, the Company announced that it continued to expect to file the Required Documents by August 30, 2024.
As of today's date, the Company is announcing that it now expects to file the Required Documents by September 6, 2024. In addition, the Company's interim financial report, related management discussion and analysis and certificates of the Chief Executive Officer and Chief Financial Officer for the first quarter of 2024 ended June 30, 2024 (the "Q1 Interim Report") which was required to be filed by today's date, is now expected to be filed by September 6, 2024. The Company will file the Q1 Interim Report in conjunction with, and immediately following, the filing of the Required Documents.
The Company confirms that since the date of the Original Announcement: (i) other than as described above and in its first and second bi-weekly status updates, 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) other than the failure to file the Q1 Interim Report, 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 and the Q1 Interim Report.
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 and the Interim Report. 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/221590
FAQ
When will Peruvian Metals (DUVNF) file its delayed financial statements?
What is the current status of the management cease trade order (MCTO) for Peruvian Metals (DUVNF)?
Has Peruvian Metals (DUVNF) disclosed any material changes since the original announcement of the filing delay?
What financial periods are affected by Peruvian Metals' (DUVNF) filing delay?
