Gold Mountain Provides Update Respecting Late Filing of Annual Financial Statements
Gold Mountain Mining (OTCQB:GMTNF) has provided an update regarding its previously announced management cease trade order (MCTO) issued by the British Columbia Securities Commission. The MCTO was issued due to the company's delay in filing its annual financial statements for the year ended March 31, 2025, along with related documentation.
The company expects to file the required documents by July 30, 2025, missing the original deadline of June 30, 2025. Gold Mountain will continue to provide bi-weekly status updates in accordance with National Policy 12-203 Management Cease Trade Orders. The company confirms there have been no material changes since the initial announcement on July 2, 2025.
[]Gold Mountain Mining (OTCQB:GMTNF) ha fornito un aggiornamento riguardo all'ordine di sospensione delle negoziazioni per la direzione (MCTO) precedentemente annunciato, emesso dalla British Columbia Securities Commission. Il MCTO è stato emesso a causa del ritardo della società nella presentazione del bilancio annuale relativo all'anno conclusosi il 31 marzo 2025, insieme alla documentazione correlata.
La società prevede di presentare i documenti richiesti entro il 30 luglio 2025, superando la scadenza originaria del 30 giugno 2025. Gold Mountain continuerà a fornire aggiornamenti sullo stato della situazione ogni due settimane, in conformità con la National Policy 12-203 sugli ordini di sospensione delle negoziazioni per la direzione. La società conferma che non ci sono stati cambiamenti materiali dall'annuncio iniziale del 2 luglio 2025.
Gold Mountain Mining (OTCQB:GMTNF) ha proporcionado una actualización respecto a la orden de suspensión de comercio para la dirección (MCTO) previamente anunciada, emitida por la Comisión de Valores de Columbia Británica. La MCTO fue emitida debido al retraso de la compañía en presentar sus estados financieros anuales correspondientes al año finalizado el 31 de marzo de 2025, junto con la documentación relacionada.
La empresa espera presentar los documentos requeridos antes del 30 de julio de 2025, superando la fecha límite original del 30 de junio de 2025. Gold Mountain continuará proporcionando actualizaciones quincenales conforme a la Política Nacional 12-203 sobre órdenes de suspensión de comercio para la dirección. La compañía confirma que no ha habido cambios materiales desde el anuncio inicial del 2 de julio de 2025.
Gold Mountain Mining (OTCQB:GMTNF)는 브리티시컬럼비아 증권위원회가 발행한 경영진 거래중지명령(MCTO)에 관한 이전 공지에 대해 업데이트를 제공했습니다. 이 MCTO는 회사가 2025년 3월 31일 종료된 회계연도 연례 재무제표 및 관련 서류 제출을 지연했기 때문에 발행되었습니다.
회사는 원래 마감일인 2025년 6월 30일을 넘겨 2025년 7월 30일까지 필요한 서류를 제출할 예정입니다. Gold Mountain은 국가 정책 12-203 경영진 거래중지명령에 따라 격주로 진행 상황을 계속 업데이트할 것입니다. 회사는 2025년 7월 2일 최초 공지 이후 중대한 변경 사항이 없었음을 확인했습니다.
Gold Mountain Mining (OTCQB:GMTNF) a fourni une mise à jour concernant l'ordre de suspension des transactions pour la direction (MCTO) précédemment annoncé, émis par la British Columbia Securities Commission. Le MCTO a été émis en raison du retard de la société dans le dépôt de ses états financiers annuels pour l'exercice clos le 31 mars 2025, ainsi que des documents associés.
La société prévoit de déposer les documents requis d'ici le 30 juillet 2025, dépassant ainsi la date limite initiale du 30 juin 2025. Gold Mountain continuera de fournir des mises à jour bihebdomadaires conformément à la National Policy 12-203 sur les ordres de suspension des transactions pour la direction. La société confirme qu'il n'y a eu aucun changement matériel depuis l'annonce initiale du 2 juillet 2025.
Gold Mountain Mining (OTCQB:GMTNF) hat ein Update bezüglich der zuvor angekündigten Management-Handelsaussetzung (MCTO) veröffentlicht, die von der British Columbia Securities Commission erlassen wurde. Die MCTO wurde aufgrund der Verzögerung des Unternehmens bei der Einreichung der Jahresfinanzberichte für das zum 31. März 2025 endende Geschäftsjahr sowie der zugehörigen Unterlagen erlassen.
Das Unternehmen erwartet, die erforderlichen Dokumente bis zum 30. Juli 2025 einzureichen und verpasst damit die ursprüngliche Frist vom 30. Juni 2025. Gold Mountain wird weiterhin zweiwöchentliche Statusupdates gemäß der National Policy 12-203 zu Management-Handelsaussetzungen bereitstellen. Das Unternehmen bestätigt, dass seit der ersten Bekanntgabe am 2. Juli 2025 keine wesentlichen Änderungen eingetreten sind.
- None.
- Delayed filing of annual financial statements and related documents
- Management cease trade order (MCTO) issued by regulators
- Missed regulatory filing deadline of June 30, 2025
VANCOUVER, BC / ACCESS Newswire / July 16, 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 continues to work closely with its auditor and expects to file the Required Filings on or before July 30, 2025, as previously announced.
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