Mr. Shayne Taker
reports
LFNT ANNOUNCES ADOPTION OF SEMI-ANNUAL FINANCIAL REPORTING
LFNT Resources Corp. has elected to rely on Coordinated Blanket Order 51-933,
Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and will
transition to a semi-annual financial reporting framework (SAR).
CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual
financial reporting framework. The company has determined that adopting SAR will reduce the
administrative and financial burden associated with quarterly reporting and allow management to
focus its time and resources on its business objectives.
Under the SAR framework, the company will no longer be required to file interim financial
statements and related management discussion and analysis for the three-month period ending Jan. 31 and the nine-month period ending July 31
of each fiscal year. Accordingly, the company does not intend to file interim financial reports for the
nine-month period ending July 31, 2026.
The company will continue to file audited annual financial statements and related management discussion and analysis within 120 days of its fiscal year-end as well as interim financial reports for
the six-month period ending April 30 within 60 days of such period-end.
The company confirms that it meets the eligibility criteria under CBO 51-933. The company 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.
We seek Safe Harbor.
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