Subject: GDP NR Resumption of trading and Corporate Updated (April 3 2025).pdf
PDF Document
File: Attachment GDP NR Resumption of trading and Corporate Updated (April 3 2025).pdf
GOLDEN PURSUIT RESOURCES LTD.
652 Millbank
Vancouver, B.C. V5Z 4B7
NEWS RELEASE
GOLDEN PURSUIT REINSTATEMENT OF TRADING AND CORPORATE UPDATE
April 3, 2025 Symbol: GDP
Golden Pursuit Resources Ltd., is pleased to announce that the TSX Venture Exchange (the "TSXV") has
accepted its application for reinstatement of trading of the Company's common shares on the TSXV. This
follows the successful resolution of the Failure-to-File Cease Trade Order (the "FFCTO") issued by the
British Columbia Securities Commission (the "BCSC") on February 3, 2025, and revoked on February
10, 2025. The Company expects its common shares to be reinstated for trading shortly.
The FFCTO was issued as a result of the delay in the filing of the Company's annual audited financial
statements for the year ended September 30, 2024. Upon the revocation of the FFCTO, the Company
applied to the TSXV to have its common shares reinstated for trading.
The Company acknowledges and appreciates the patience of its shareholders and stakeholders during this
process and reaffirms its commitment to adhering to high standards of compliance and corporate
governance.
As at September 30, 2024, the Company had a working capital deficiency of $341,088. This deficiency
was eliminated by a debt postponement agreement dated effective December 31, 2024 by Brian McClay,
President, CEO and Director, postponing repayment debt of $450,000 owed to him to April 1, 2027.
The Company also announces that it has entered into a loan agreement dated December 31, 2024 with
Kathleen McClay, daughter of Brian McClay and an insider of the Company by reason of holding more
than 10% of the issued shares of the Company, for $87,500 representing past cash advances to the
Company to fund the Company's working capital. The loan is interest free, payable on demand and can be
prepaid at anytime without penalty.
The Company has entered into agreements with Trinity West Stables Ltd., a company owned by Kathleen
McClay, for an office rental agreement of $1,500 per month and truck rental agreement for $750 per
month, which agreement began in 2016.
GOLDEN PURSUIT RESOURCES LTD.
Per: "Brian McClay"
Brian McClay, President
CONTACT INFORMATION:
Brian McClay
Email: bmcclay@aol.com
Tel: (604) 730-6982
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
© 2025 Canjex Publishing Ltd. All rights reserved.