Subject: LFNT Resources Corp. // For Immediate Release
PDF Document
File: Attachment LFNT_NR_20260624_Adoption of Semi-Annual Financial Reporting.pdf
LFNT ANNOUNCES ADOPTION OF SEMI-ANNUAL FINANCIAL REPORTING
Vancouver, British Columbia June 24, 2026 LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the
"Company"), announces that it has elected to rely on Coordinated Blanket Order 51-933
Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers ("CBO 51-933") 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's Discussion and Analysis (collectively, the "Interim Financial
Reports") for the three-month period ending January 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's
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.
ON BEHALF OF THE BOARD OF DIRECTORS,
LFNT RESOURCES CORP.
Shayne Taker
Chief Executive Officer
Tel: +1 236-485-1435
Forward Looking Statements
This news release contains certain "forward-looking information" and "forward-looking statements"
within the meaning of applicable Canadian securities laws (collectively, "forward-looking
statements"). Forward-looking statements are often identified by words such as "anticipate,"
"believe," "expect," "intend," "plan," "may," "will," "could," "should," and similar expressions.
Forward-looking statements in this news release include, but are not limited to, statements regarding
the Company's transition to a semi-annual financial reporting framework, its continued eligibility
under Coordinated Blanket Order 51-933, and the anticipated timing and nature of its future financial
reporting obligations.
Forward-looking statements are based on management's current expectations and assumptions,
including, but not limited to, the Company's continued compliance with applicable securities laws
and regulatory requirements. These statements are subject to a number of risks and uncertainties,
many of which are beyond the Company's control, including the risk that the Company may no longer
meet the eligibility criteria under Coordinated Blanket Order 51-933 or that regulatory requirements
may change.
Although the Company believes that the assumptions underlying these forward-looking statements
are reasonable, they may prove to be incorrect, and actual results may differ materially from those
expressed or implied by such forward-looking statements. Readers are cautioned not to place undue
reliance on forward-looking statements.
The Company undertakes no obligation to update or revise any forward-looking statements, except
as required by applicable securities laws.
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