BlockMint Adopts Semi-Annual Reporting

Rhea-AI Summary

BlockMint (OTC: BKLIF) has elected to move from quarterly reporting to semi-annual reporting under Coordinated Blanket Order 51-933, effective for the period ended March 31, 2026. The company will omit interim financial reports and related MD&A for Q1 and Q3.

BlockMint will continue to file audited annual financial statements within 120 days of December 31 and six-month interim financial reports within 60 days of June 30. The company confirms eligibility criteria, including annual revenues of less than $10 million and a disclosure record over 12 months.

Positive

• Meets SAR eligibility with annual revenues under $10 million
• Reduced interim filings lower administrative and compliance burden
• Audited annual statements remain due within 120 days of year-end

Negative

• No Q1 and Q3 interim reports starting March 31, 2026, reducing disclosure frequency
• Less frequent MD&A could limit timely operational updates for investors

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - BlockMint Technologies Inc. (TSXV: BKMT) ("BlockMint" or the "Company") announces that it has elected to rely on Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the "Order") and move to semi-annual financial reporting ("SAR"); and this news release is being filed pursuant to the Order.

The Order allows eligible venture issuers listed on the TSX Venture Exchange (the "TSXV") to voluntarily move from a quarterly to a semi-annual financial reporting framework. The Company's fiscal year ends on December 31. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management's Discussion & Analysis (MD&A) for its first and third quarters.

• Interim Period: The Company will not file an interim report for the first quarter (Q1) ending March 31 and the third quarter (Q3) ending September 30; and

• Ongoing Reporting: The Company will continue to file audited financial statements (due within 120 days of December 31) and six-month interim financial reports (due within 60 days of June 30).

The Company confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million, having a disclosure record of over 12 months and having filed all required periodic and timely continuous disclosure documents.

The first period for which the Company will not file an interim financial report and related MD&A will be for the three-month period ended March 31, 2026.

About BlockMint Technologies Inc.

BlockMint operates the website carbontokensmarket.com, which was created to be a single source of information on the expanding carbon tokens market; and operates the Minter browser (available at getminter.com) which enables a more decentralized deployment of blockchain based applications by allowing users to use their spare computing power to mine cryptocurrencies to earn either carbon credits to help offset their carbon footprint or fractional ownership in a NFT.

On behalf of
BLOCKMINT TECHNOLOGIES INC.

Nelson Ijih
Nelson Ijih, CEO
info@blockmint.ai
Tel: +1-971-713-5550

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the business strategy and objectives of BlockMint. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292567

FAQ

What change did BlockMint (BKLIF) announce on April 15, 2026 regarding financial reporting?

BlockMint will switch to semi-annual financial reporting and omit interim Q1 and Q3 reports. According to the company, this relies on Coordinated Blanket Order 51-933 and begins with the period ended March 31, 2026, while annual audited statements remain required.

Which interim filings will BlockMint (BKLIF) stop filing under the SAR pilot?

BlockMint will not file interim financial reports or related MD&A for Q1 and Q3 under the pilot. According to the company, the change exempts reports for periods ending March 31 and September 30 each year.

Will BlockMint (BKLIF) still file audited financial statements after the reporting change?

Yes. BlockMint will continue to file audited annual financial statements within 120 days of December 31. According to the company, six-month interim reports remain due within 60 days of June 30 under the new schedule.

Why is BlockMint (BKLIF) eligible for semi-annual reporting under the pilot program?

BlockMint meets eligibility criteria including being a venture issuer with annual revenues under $10 million. According to the company, it also has more than 12 months of disclosure history and has filed required continuous disclosure documents.

When is the first period BlockMint (BKLIF) will not file an interim report?

The first omitted interim report will be for the three-month period ended March 31, 2026. According to the company, interim filings for Q1 2026 and subsequent Q3 periods will not be filed under the SAR pilot.