Westkam Gold Corp. Provides Update on Management Cease Trade Order

Core Viewpoint - WestKam Gold Corp. is currently under a management cease trade order (MCTO) due to delays in filing interim financial statements, with expectations to resolve this by August 29, 2025 [2][3]. Group 1: MCTO Details - The company applied for the MCTO on July 2, 2025, after failing to file interim financial statements by the June 30, 2025 deadline [2]. - The BCSC issued the MCTO on July 2, 2025, and an amended version on July 16, 2025, restricting the CEO and CFO from trading the company's securities until the interim filings are submitted [2]. - Shareholders are still able to trade their securities despite the MCTO [2]. Group 2: Company Operations - The delay in filing was due to the unexpected medical leave of the CFO, Pam Saulnier, prompting the appointment of an Interim CFO to prepare the necessary filings [3]. - The company is committed to following alternative information guidelines and will issue bi-weekly default status reports until the MCTO is revoked [4]. Group 3: Compliance and Status - As of the latest report, there have been no material changes to the information in the MCTO announcement, and the company has not failed to meet its stated intentions regarding the guidelines [5]. - There are no anticipated defaults beyond the current situation related to the MCTO [5]. Group 4: Company Profile - WestKam Gold Corp. focuses on acquiring and developing mineral properties in Western Canada, seeking projects in established mining districts with potential for significant resources [6].