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Inca One Announces Late Filing of Annual Financial Statements

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Inca One Gold Corp (TSXV: INCA.H) has announced a delay in filing its Annual Financial Statements for the fiscal year ended April 30, 2024, due to ongoing CCAA proceedings. The company expects to file the Annual Filings by the end of September 2024. As a result of this delay, Inca One anticipates that the British Columbia Securities Commission will issue a cease trade order, affecting trading in all of the company's securities until the order is revoked. Additionally, Inca One is currently suspended from trading on the TSX Venture Exchange. The company will issue a press release once the Annual Filings are completed.

Inca One Gold Corp (TSXV: INCA.H) ha annunciato un rinvio nella presentazione dei suoi Stati Finanziari Annuali per l'anno fiscale conclusosi il 30 aprile 2024, a causa di procedimenti in corso sotto la CCAA. La società prevede di presentare le documentazioni annuali entro la fine di settembre 2024. A causa di questo rinvio, Inca One si aspetta che la British Columbia Securities Commission emetta un ordine di sospensione delle negoziazioni, che influirà sulla negoziazione di tutti i titoli della società fino a quando l'ordine non verrà revocato. Inoltre, Inca One è attualmente sospesa dal trading sulla TSX Venture Exchange. La società pubblicherà un comunicato stampa una volta completate le presentazioni annuali.

Inca One Gold Corp (TSXV: INCA.H) ha anunciado un retraso en la presentación de sus Estados Financieros Anuales para el año fiscal que terminó el 30 de abril de 2024, debido a los procedimientos en curso de la CCAA. La empresa espera presentar las Documentaciones Anuales para finales de septiembre de 2024. Como resultado de este retraso, Inca One anticipa que la Comisión de Valores de Columbia Británica emitirá una orden de cese de operaciones, afectando el comercio de todos los valores de la empresa hasta que se revoque la orden. Además, Inca One está actualmente suspendida del comercio en la Bolsa de Valores de TSX Venture. La empresa emitirá un comunicado de prensa una vez que se completen las presentaciones anuales.

인카 원 골드 코프 (TSXV: INCA.H)는 2024년 4월 30일로 종료된 회계연도의 연간 재무제표 제출이 진행 중인 CCAA 절차로 인해 지연되었다고 발표했습니다. 회사는 2024년 9월 말까지 연간 서류를 제출할 것으로 예상하고 있습니다. 이 지연의 결과로, 인카 원은 브리티시컬럼비아 증권위원회가 거래 중단 명령을 발행할 것이라고 예상하고 있습니다, 이는 명령이 취소될 때까지 회사의 모든 증권 거래에 영향을 미칠 것입니다. 또한, 인카 원은 현재 TSX 벤처 거래소에서 거래가 중단되어 있습니다. 회사는 연간 제출이 완료되면 보도자료를 발행할 예정입니다.

Inca One Gold Corp (TSXV: INCA.H) a annoncé un retard dans le dépôt de ses États Financiers Annuels pour l'exercice clos le 30 avril 2024, en raison de procédures CCAA en cours. La société s'attend à déposer les Déclarations Annuelles d'ici la fin septembre 2024. En raison de ce retard, Inca One anticipe que la Commission des Valeurs Mobilières de la Colombie-Britannique émettra un ordre d'interdiction de négocier, affectant le commerce de tous les titres de l'entreprise jusqu'à ce que l'ordre soit levé. De plus, Inca One est actuellement suspendue de la négociation sur la Bourse de TSX Venture. La société publiera un communiqué de presse une fois les Déclarations Annuelles terminées.

Inca One Gold Corp (TSXV: INCA.H) hat eine Verzögerung bei der Einreichung seiner Jahresabschlüsse für das am 30. April 2024 endende Geschäftsjahr bekannt gegeben, die auf laufende CCAA-Verfahren zurückzuführen ist. Das Unternehmen erwartet, die Jahresunterlagen bis Ende September 2024 einzureichen. Infolge dieser Verzögerung geht Inca One davon aus, dass die British Columbia Securities Commission eine Handelsstoppsverfügung erlassen wird, die den Handel mit sämtlichen Wertpapieren des Unternehmens bis zur Aufhebung der Verfügung beeinträchtigen wird. Darüber hinaus ist Inca One derzeit vom Handel an der TSX Venture Exchange suspendiert. Das Unternehmen wird eine Pressemitteilung herausgeben, sobald die Jahresunterlagen abgeschlossen sind.

Positive
  • None.
Negative
  • Delay in filing Annual Financial Statements
  • Expected cease trade order from British Columbia Securities Commission
  • Current suspension from trading on TSX Venture Exchange
  • Ongoing CCAA proceedings affecting company operations

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - INCA ONE GOLD CORP. (TSXV: INCA.H) ("Inca One" or the "Company") announces that as a result of the CCAA proceedings which Inca One is currently involved, the Company will be unable to file its Annual Financial Statements for the fiscal year ended April 30, 2024 and accompanying management's discussion and analysis for the corresponding period and certifications, (the "Annual Filings") by the regulatory filing deadline of August 28.

The Company continues work with its auditors to complete the Annual Filings as soon as possible. Inca One anticipates and expects filing the Annual Filings around the end of September 2024 and will issue a press release announcing completion of these filings at such time.

Given the circumstances, the Company expects the British Columbia Securities Commission will issue a cease trade order. The cease trade order would affect trading in all securities of the Company and would remain in effect until it is revoked following filing of the Annual Filings. The Company is also currently suspended from trading on the TSX Venture Exchange.

On behalf of the Board,

Edward Kelly
President and CEO
Inca One Gold Corp.

For More Information Contact:

Konstantine Tsakumis
ktsakumis@incaone.com
604-568-4877

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 NEWS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221447

FAQ

Why is Inca One Gold Corp (INCAF) delaying its Annual Financial Statements filing?

Inca One Gold Corp is delaying its Annual Financial Statements filing due to ongoing CCAA (Companies' Creditors Arrangement Act) proceedings, which have impacted the company's ability to meet the regulatory filing deadline of August 28, 2024.

When does Inca One Gold Corp (INCAF) expect to file its delayed Annual Financial Statements?

Inca One Gold Corp anticipates filing its delayed Annual Financial Statements by the end of September 2024.

What are the consequences of Inca One Gold Corp's (INCAF) delayed financial filing?

The consequences include an expected cease trade order from the British Columbia Securities Commission, affecting trading in all of the company's securities, and continued suspension from trading on the TSX Venture Exchange.

What is the current trading status of Inca One Gold Corp (INCAF) on the TSX Venture Exchange?

Inca One Gold Corp is currently suspended from trading on the TSX Venture Exchange.

INCA ONE GOLD CORP NEW

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