Altiplano Makes Application for Management Cease Trade Order As Part of the 2025 Audit Filing Process

Core Viewpoint - Altiplano Metals Inc. is experiencing a delay in filing its financial statements for the year ended March 31, 2025, due to the time required for audit procedures and delayed financial information from its Chilean subsidiaries. The company is applying for a Management Cease Trade Order (MCTO) to allow additional time for the completion of the audit and filing process [1][2][3]. Group 1 - The company anticipates that the audit will be completed by August 1, 2025, but has allowed for a potential completion date of up to August 30, 2025, due to uncertainties in the auditor's review process [1][2]. - The MCTO, if granted, will restrict trading by the company's CEO and CFO in the company's securities but will not affect other shareholders [3]. - The company plans to issue bi-weekly default status reports until the required filings are completed, ensuring compliance with alternative information guidelines [4]. Group 2 - Altiplano Metals is focused on gold, silver, and copper production in the Americas, with a diversified portfolio that includes exploration properties and a developing mine [5]. - The company aims to create long-term stakeholder value through sustainable production, reinvestment in exploration, and acquisition opportunities [5]. - Altiplano is part of a group of companies led by experienced professionals in the resource sector, emphasizing their capability in advancing mining projects [7].