August 29, 2024 8:11 PM EDT | Source: Peruvian Metals Corp.
Edmonton, Alberta–(Newsfile Corp. – August 29, 2024) – Peruvian Metals Corp., 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 initiated a management cease trade order (MCTO) with the Alberta Securities Commission (ASC) due to the delay in filing 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). 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 until the required filings are submitted to the ASC. The Company had initially expected to file the Required Documents by August 16, 2024, but now anticipates a filing date of September 6, 2024.
Additionally, the Company’s Q1 Interim Report for the first quarter of 2024 ended June 30, 2024, which was due to be filed by the latest date, is also expected to be submitted by September 6, 2024. The Company confirms that other than the mentioned delays and updates, there have been no other material changes or defaults as per NP 12-203.
Peruvian Metals Corp. specializes in providing toll milling services for clients and producing high-grade sulphide concentrates from mineral purchases in Peru. The Company is focused on acquiring and developing precious and base metal properties in the region.
For more information about Peruvian Metals Corp., please visit their website.
Peruvian Metals Corp. is a Canadian resource company listed on the TSX Venture Exchange and the OTCQB Venture Market.
Forward-Looking Information:
The Company cautions that forward-looking information involves risks and uncertainties that may cause actual results to differ from the expected outcomes. The forward-looking information provided in this press release is current as of the date it is made and is based on reasonable estimates and assumptions made by the Company at the relevant time.
Readers are advised to consider the risks, uncertainties, and assumptions carefully when evaluating the forward-looking information provided. The Company does not undertake to update any forward-looking information unless required under applicable securities laws in Canada.
To view the source version of this press release, visit the company’s website.
