Core Viewpoint - Vanguard Mining Corp. has applied for a management cease trade order due to the inability to file its audited annual financial statements by the deadline, which has been granted by Canadian securities regulatory authorities [2]. Group 1: Management Cease Trade Order (MCTO) - The Company applied for an MCTO because it could not file its audited annual financial statements for the fiscal year ended December 31, 2024 by the April 30, 2025 deadline [2]. - The MCTO was granted on May 7, 2025, restricting the Chief Executive Officer and Chief Financial Officer from trading in the Company's securities until the Annual Filings are completed [2]. - Other shareholders are not affected by the MCTO and can continue to trade in the Company's securities [2]. Group 2: Filing Status and Compliance - The Company and its auditors are working diligently to complete the Annual Filings and anticipate filing them on or before June 30, 2025 [3]. - Since the Default Announcement, the Company confirms that no material changes have occurred that have not been disclosed, and it has complied with NP 12-203 guidelines [4]. - The Company will continue to meet the provisions of NP 12-203 as long as it remains in default of its filing requirements [5].
Vanguard Mining Provides Update on Status of Annual Financial Statements and MD&A