Metalero Announces Adoption of Semi-Annual Reporting

Rhea-AI Summary

Metalero (OTC Pink: CRTTF) announced it will adopt semi-annual financial reporting (SAR) under Coordinated Blanket Order 51-933 effective for its fiscal year ending October 31, 2026.

The Company said it will be exempt from filing Q1 and Q3 interim financial statements and MD&A, and will not file interim statements for quarters ended January 31 and July 31 while eligible under CBO 51-933.

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Edmonton, Alberta--(Newsfile Corp. - April 1, 2026) - Metalero Mining Corp. (TSXV: MLO) (OTC Pink: CRTTF) (the "Company" or "Metalero") announces adoption of semi-annual financial reporting ("SAR"). This news release is being filed pursuant to Coordinated Blanket Order 51 - 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers ("CBO 51-933").

Coordinated Blanket Order 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. Metalero's fiscal year ends on October 31. Under the provisions of CBO 51-933, the Company will be exempt from the requirements to file Q1 and Q3 financial statements and associated management's discussion and analysis ("MD&A") for so long as it continues to meet eligibility criteria under CBO 51-933. Accordingly, the Company will not be filing its interim financial statements for the three months ended January 31, 2026 and associated MD&A. The Company will also not be required to file any interim financial statements and associated MD&A for any subsequent quarters ended January 31 and July 31 in each financial year.

About Metalero Mining Corp.

Metalero Mining Corp. is a Canadian-based junior exploration company with offices in Vancouver and Edmonton. Metalero is nearing completion of a restructuring which has included a management change and new project focus, making its drill-ready gold assets in Nevada available for sale or option.

On behalf of the Board of Directors

"Jesse Teufeld"
Jesse Teufeld, Chief Financial Officer
Email: jesset@metalsgroup.com
Telephone: +1.780.437.6624

Metalero is part of the Metals Group of Companies, managed by exploration professionals who stand for technical excellence, robust project selection and strong corporate governance, with a proven ability to identify and capitalize on investment opportunities and deliver shareholder returns.
www.metalsgroup.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290905

FAQ

What change did Metalero (CRTTF) announce on April 1, 2026 about its reporting frequency?

Metalero announced it will move from quarterly to semi-annual reporting under CBO 51-933, reducing interim filings. According to the company, it will not file Q1 and Q3 interim financial statements and MD&A while it remains eligible under CBO 51-933.

Which interim financial statements will Metalero (CRTTF) stop filing after adopting SAR?

Metalero will not file interim statements for quarters ended January 31 and July 31 while eligible under CBO 51-933. According to the company, it specifically will not file the three-month interim statements and associated MD&A for those quarters.

When is Metalero's (CRTTF) fiscal year end and how does SAR affect its reporting calendar?

Metalero's fiscal year ends October 31, so SAR aligns filings to semi-annual periods rather than quarterly reports. According to the company, interim reports for quarters ending January 31 and July 31 will no longer be required while eligibility continues.

Under what authority is Metalero (CRTTF) adopting semi-annual reporting?

Metalero is adopting SAR pursuant to Coordinated Blanket Order 51-933, which permits eligible venture issuers to opt for semi-annual reporting. According to the company, the change is voluntary and dependent on continued eligibility under CBO 51-933.

How does Metalero (CRTTF) describe the duration of its exemption from quarterly MD&A filings?

The exemption from filing Q1 and Q3 interim MD&A applies for as long as Metalero remains eligible under CBO 51-933. According to the company, the relief continues until it no longer meets the coordinated blanket order's eligibility criteria.