Core Viewpoint - Germanium Mining Corp. has applied for a Management Cease Trade Order (MCTO) due to a delay in filing its annual financial statements and related documents [1][2]. Group 1: Delay in Filings - The company anticipates a delay in filing its annual financial statements, management's discussion and analysis, and related CEO and CFO certifications for the financial period ended March 31, 2025, which were due by July 29, 2025 [2]. - The delay is attributed to a holdup in funding the audit, but the company is working diligently with its auditor to complete the required filings and expects to file by August 30, 2025 [2][3]. Group 2: Management Cease Trade Order (MCTO) - The company is applying for an MCTO, which, if granted, will restrict trading in its securities by the CEO, CFO, and other insiders until the required filings are submitted [3]. - The MCTO will not affect the ability of other shareholders to trade in the company's securities [3]. Group 3: Compliance and Reporting - The company intends to comply with the alternative information guidelines set out in NP 12-203 and will issue bi-weekly default status reports while the required filings remain outstanding [4]. - The company confirms it is not subject to any insolvency proceedings and has disclosed all material information regarding its affairs [4].
Germanium Mining Corp. Corporate Update
 Thenewswireยท2025-07-31 02:25
