Mr. Mark Kolebaba reports
ADAMERA ADOPTS SEMI-ANNUAL FINANCIAL REPORTING
Adamera Minerals Corp. has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting.
Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on Dec. 31. Under the SAR pilot program, the company will be exempt from filing interim financial reports and related management's discussion and analysis for its first and third quarters.
-
Interim period: The company will not file an interim report for the first quarter ending
March 31
and the third quarter ending
Sept. 30.
- Continuing reporting: The company will continue to file audited financial statements (due within 120 days of
Dec. 31) and six-month interim financial reports (due within 60 days of
June 30).
The company
confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record.
This news release is being filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).
About Adamera Minerals Corp.
Adamera is advancing a tungsten portfolio in Washington State to establish a secure, uninterrupted domestic supply for U.S. markets. While leading with this critical mineral strategy, the company also continues to explore for high-value gold, silver and copper deposits in British Columbia and Washington State. Adamera is committed to utilizing modern, technology-driven exploration methodologies to efficiently discover and define economic mineral resources, and is focused on translating exploration success into tangible equity.
We seek Safe Harbor.
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