19:12:46 EDT Fri 15 May 2026
Enter Symbol
or Name
USA
CA



Hoshi Resource Corp
Symbol HRC
Shares Issued 6,600,000
Close 2026-05-07 C$ 0.01
Market Cap C$ 66,000
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Hoshi Resource adopts semi-annual reporting

2026-05-15 17:22 ET - News Release

Mr. John Aihoshi reports

HOSHI RESOURCE CORP. ANNOUNCES ADOPTION OF SEMI-ANNUAL REPORTING

Hoshi Resource Corp. has elected to rely on Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers and move to semi-annual reporting (SAR). The blanket order is a Canadian securities regulators' pilot program that allows eligible venture issuers to voluntarily move from quarterly to semi-annual financial reporting.

The corporation's fiscal year ends on Dec. 31. Under the SAR pilot program, the corporation will be exempt from filing interim financial reports and related management discussion and analysis (MD&A) for its first and third quarters. Accordingly, the corporation will not file interim financial statements or related MD&A for the nine-month period ending Sept. 30, 2026, and all subsequent periods ending March 31 and Sept. 30.

The corporation will continue to file audited annual financial statements (due within 120 days of December 31) and six-month interim financial reports and related MD&A (due within 60 days of June 30). The corporation remains committed to timely disclosure and will continue to report all material changes and significant developments in accordance with National Instrument 51-102 -- Continuous Disclosure Obligations.

The corporation confirms that it meets the eligibility criteria under the blanket order. The corporation has determined that participation in the SAR pilot program will ease the administrative and financial burden associated with quarterly reporting and is consistent with the objectives of the blanket order.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

About Hoshi Resources Corp.

The corporation is a capital pool company (a CPC) that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the TSX Venture Exchange Inc.'s CPC policy, until the completion of its qualifying transaction, the corporation will not carry on business, other than the identification and evaluation of businesses or assets with a view to completing a proposed qualifying transaction.

We seek Safe Harbor.

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