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Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and MD&A
TMX Newsfile· 2025-12-16 01:01
Core Viewpoint - Centurion Minerals Ltd. is currently under a management cease trade order due to delays in filing its audited annual financial statements for the fiscal year ended July 31, 2025, with expectations to resolve this by January 27, 2026 [2][3]. Group 1: Management Cease Trade Order - The company applied for a management cease trade order (MCTO) on November 14, 2025, as it would not meet the filing deadline of November 28, 2025 [2]. - The MCTO was issued on December 1, 2025, restricting the Chief Executive Officer and Chief Financial Officer from trading in the company's securities until the required filings are completed [2]. - Other shareholders are not affected by the MCTO and can continue trading [2]. Group 2: Progress on Required Filings - The company and its auditor are working diligently to complete the required filings and expect to file them by January 27, 2026 [3]. - The delay was attributed to outstanding fees owed to the auditor, which have now been paid, allowing the audit to commence [3]. Group 3: Compliance and Disclosure - Since the default announcement, there have been no material changes to the information disclosed, and the company has fulfilled its intentions regarding the alternative information guidelines [4]. - The company confirms it will continue to comply with the alternative information guidelines as long as it remains in default of the required filings [5]. Group 4: Company Overview - Centurion Minerals Ltd. is a Canadian-based company focused on precious mineral asset exploration and development in the Americas [6].