Gold Mountain Provides Update Respecting Late Filing of Annual Financial Statements
Gold Mountain Mining (OTCQB:GMTNF) has announced a delay in filing its annual financial statements and related documents for the fiscal year ended March 31, 2025. The company, which previously received a management cease trade order (MCTO) on July 2, 2025, will not meet its revised filing deadline of July 30, 2025.
The company now expects to file the required documents by August 13, 2025. Gold Mountain will continue to provide bi-weekly status updates in accordance with National Policy 12-203 Management Cease Trade Orders while the default persists. The company confirms there have been no material changes since the initial default announcement on July 2, 2025.
Gold Mountain Mining (OTCQB:GMTNF) ha annunciato un ritardo nella presentazione del bilancio annuale e dei documenti correlati per l'esercizio chiuso al 31 marzo 2025. La società, che aveva già ricevuto un ordine di sospensione delle negoziazioni da parte della direzione (MCTO) il 2 luglio 2025, non rispetterà la nuova scadenza per la presentazione fissata al 30 luglio 2025.
Ora la società prevede di depositare i documenti richiesti entro il 13 agosto 2025. Gold Mountain continuerà a fornire aggiornamenti sullo stato della situazione ogni due settimane, in conformità con la Politica Nazionale 12-203 sugli Ordini di Sospensione delle Negoziazioni da parte della Direzione, finché persisterà il mancato adempimento. La società conferma che non ci sono stati cambiamenti significativi dalla comunicazione iniziale del mancato adempimento del 2 luglio 2025.
Gold Mountain Mining (OTCQB:GMTNF) ha anunciado un retraso en la presentación de sus estados financieros anuales y documentos relacionados para el año fiscal terminado el 31 de marzo de 2025. La empresa, que previamente recibió una orden de suspensión comercial por parte de la gerencia (MCTO) el 2 de julio de 2025, no cumplirá con la fecha límite revisada de presentación del 30 de julio de 2025.
La compañía ahora espera presentar los documentos requeridos para el 13 de agosto de 2025. Gold Mountain continuará proporcionando actualizaciones de estado quincenales conforme a la Política Nacional 12-203 sobre Órdenes de Suspensión Comercial por parte de la Gerencia mientras persista el incumplimiento. La empresa confirma que no ha habido cambios materiales desde el anuncio inicial del incumplimiento el 2 de julio de 2025.
골드 마운틴 마이닝 (OTCQB:GMTNF)은 2025년 3월 31일 종료된 회계연도에 대한 연례 재무제표 및 관련 서류 제출이 지연될 것이라고 발표했습니다. 회사는 2025년 7월 2일 경영 거래 중지 명령(MCTO)을 받은 바 있으며, 수정된 제출 마감일인 2025년 7월 30일을 지키지 못할 예정입니다.
회사는 이제 필요한 서류를 2025년 8월 13일까지 제출할 계획입니다. 골드 마운틴은 미이행 상태가 지속되는 동안 국가 정책 12-203 경영 거래 중지 명령에 따라 격주로 진행 상황 업데이트를 계속 제공할 것입니다. 회사는 2025년 7월 2일 최초 미이행 발표 이후 중요한 변경 사항이 없었음을 확인했습니다.
Gold Mountain Mining (OTCQB:GMTNF) a annoncé un retard dans le dépôt de ses états financiers annuels et des documents connexes pour l'exercice clos le 31 mars 2025. La société, qui avait précédemment reçu un ordre de suspension de négociation par la direction (MCTO) le 2 juillet 2025, ne respectera pas la nouvelle date limite de dépôt fixée au 30 juillet 2025.
La société prévoit désormais de déposer les documents requis d'ici le 13 août 2025. Gold Mountain continuera de fournir des mises à jour bihebdomadaires conformément à la Politique Nationale 12-203 relative aux ordres de suspension de négociation par la direction tant que le défaut persistera. La société confirme qu'il n'y a eu aucun changement important depuis l'annonce initiale du défaut le 2 juillet 2025.
Gold Mountain Mining (OTCQB:GMTNF) hat eine Verzögerung bei der Einreichung seiner Jahresfinanzberichte und zugehörigen Dokumente für das am 31. März 2025 endende Geschäftsjahr bekanntgegeben. Das Unternehmen, das zuvor am 2. Juli 2025 eine Management-Handelssperre (MCTO) erhalten hatte, wird die überarbeitete Einreichungsfrist vom 30. Juli 2025 nicht einhalten.
Das Unternehmen erwartet nun, die erforderlichen Dokumente bis zum 13. August 2025 einzureichen. Gold Mountain wird weiterhin alle zwei Wochen Statusaktualisierungen gemäß der Nationalen Richtlinie 12-203 zu Management-Handelssperren bereitstellen, solange der Verzug besteht. Das Unternehmen bestätigt, dass seit der ersten Bekanntgabe des Verzugs am 2. Juli 2025 keine wesentlichen Änderungen eingetreten sind.
- None.
- Failure to meet the original June 30, 2025 filing deadline for annual financial statements
- Unable to meet the revised July 30, 2025 filing deadline
- Management cease trade order (MCTO) remains in effect
VANCOUVER, BC / ACCESS Newswire / July 30, 2025 / Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSX:GMTN)(OTCQB:GMTNF)(FRA:5XFA) is pleased to provide an update with respect to the previously announced management cease trade order (the "MCTO") issued by the British Columbia Securities Commission on July 2, 2025. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements for the financial year ended March 31, 2025 (the "Financial Statements") and its management's discussion and analysis, CEO and CFO filing certificates and annual information form relating to the Financial Statements (collectively, the "Required Filings") before the prescribed filing deadline of June 30, 2025 (the "Filing Deadline").
The Company previously announced that it expected to file the Required Filings by July 30, 2025. However, while the Company and the auditor continue to make progress, the Required Filings will not be filed by that date. The Company continues to work closely with its auditor and anticipates filing the Required Filings on or before August 13, 2025.
The Company is providing this status update in accordance with National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). The Company intends to follow the provisions of the Alternative Information Guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases, for as long as the Company remains in default. The Company confirms as of the date of this news release that there has been no material change in the information contained in the default announcement issued on July 2, 2025, and there is no other material information concerning the affairs of the Company that has not been generally disclosed.
About Gold Mountain
Gold Mountain is a British Columbia based gold and silver production, exploration and development company focused on the development of the Elk Gold Mine, a producing mine located 57 kilometers from Merritt in South Central British Columbia. Additional information is available at www.sedarplus.ca or on the Company's website at www.goldmountainminingcorp.ca.
For more information, please contact:
Gold Mountain Mining Corp.
Email: info@goldmountainminingcorp.ca
Website: www.goldmountainminingcorp.ca
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
FAQ
Why did Gold Mountain Mining (GMTNF) receive a management cease trade order in July 2025?
When will Gold Mountain Mining (GMTNF) file its delayed 2025 annual financial statements?
What is the current status of Gold Mountain Mining's (GMTNF) management cease trade order?
What are the implications of the MCTO for Gold Mountain Mining (GMTNF)?
