Gold Mountain Announces Change in Financial Year-End
Rhea-AI Summary
Gold Mountain Mining Corp (TSX:GMTN, OTCQB:GMTNF, FRA:5XFA) has announced a change in its financial year-end from January 31 to March 31. This strategic adjustment aims to better align the company's financial statements and continuous disclosure requirements with industry peers and external reporting obligations.
The company will file its annual disclosures in late June 2025, covering a 14-month period ending March 31, 2025. These disclosures will include audited financial statements in compliance with National Instrument 51-102. Additional details about the change and interim reporting procedures will be available in the Company's Notice of Change of Financial Year-End on SEDAR+.
Positive
- Better alignment with industry peers' reporting schedules
- Enhanced synchronization with external reporting obligations
Negative
- None.
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / March 17, 2025 / Gold Mountain Mining Corp. (TSX:GMTN)(OTCQB:GMTNF)(FRA:5XFA) ("Gold Mountain" or the "Company") announces that it is changing its financial year-end from January 31 to March 31.
The Company is changing its financial year-end to better align the Company's financial statement and continuous disclosure requirements with its industry peers, as well as its other external reporting obligations. As a result, the Company expects to file its annual disclosures in late June 2025 for the 14 months ended March 31, 2025, including audited financial statements and in accordance with National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102").
Further details regarding the change in financial year-end, including the Company's interim reporting procedures, will be available in the Company's Notice of Change of Financial Year- End, prepared in accordance with section 4.8 of NI 51-102, which will be filed on the Company's profile on SEDAR+ at www.sedarplus.ca.
About Gold Mountain Mining
Gold Mountain is a British Columbia based gold and silver exploration and development company focused on the Elk Gold Project, a producing mine located 57 KM from Merritt in South Central British Columbia. Additional information is available at www.sedarplus.ca or on the Company's website at www.gold-mountain.ca.
For further information, please contact:
Gold Mountain Mining Corp.
Email: info@gold-mountain.ca
Website: www.gold-mountain.ca
Twitter: www.twitter.com/goldmtnmine
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Forward-Looking Statements
Forward-looking statements in this news release may include, but are not limited to, statements relating to those in respect of the Company's future financial reporting. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. The forward-looking statements contained in this news release are made as of the date hereof, and except as may be required by applicable securities laws, the Company assumes no obligation or intent to update publicly or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
SOURCE: Gold Mountain Mining Corp
View the original press release on ACCESS Newswire
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