Gentor Announces Adoption of Semi-Annual Reporting

Gentor shifts to semi-annual reporting under a Canadian pilot program while maintaining annual and mid-year financial disclosures.

Rhea-AI Summary

Gentor Resources (GNTOF) has adopted semi-annual financial reporting under Canadian pilot program CBO 51-933, moving from quarterly to semi-annual statements.

Under the new framework, Gentor will no longer file interim financial statements and MD&A for the three-month period ending March 31 or the nine-month period ending September 30 of each fiscal year. The company will continue to file audited annual financial statements and six-month interim financial statements with related MD&A and states that it meets all CBO 51-933 eligibility criteria, including annual revenues below Cdn$10 million and a clean 12‑month disclosure record. Gentor aims to reduce administrative and financial reporting burden while maintaining timely disclosure of material information.

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Toronto, Ontario--(Newsfile Corp. - September 17, 2026) - Gentor Resources Inc. (TSXV: GNT.H) ("Gentor" or the "Company") announces the adoption of semi-annual financial reporting ("SAR") pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers ("CBO 51-933"). CBO 51-933 is a pilot program that permits eligible venture issuers to voluntarily move from quarterly to a semi-annual financial reporting framework under which Gentor meets the eligibility criteria. This press release is being issued and filed pursuant to CBO 51-933.

As a result of adopting SAR, the Company will not file interim financial statements and related management's discussion and analysis ("MD&A") for the three-month period ending March 31 and the nine-month period ending September 30 of each applicable fiscal year. Gentor will continue to file audited annual financial statements (due within 120 days of December 31) and six-month interim financial statements and related MD&A (due within 60 days of June 30). Should the Company cease to continue participating in the SAR pilot program, it will announce it in a future press release.

The Company confirms it meets the eligibility criteria set out in CBO 51-933, which include being a venture issuer with annual revenues of less than Cdn$10 million and maintaining a clean 12-month continuous disclosure record. By adopting SAR, Gentor aims to reduce the administrative and financial burden associated with quarterly reporting. The Company remains committed to timely and transparent disclosure and will continue to provide timely disclosure regarding corporate developments and other material information as required under National Instrument 51-102 - Continuous Disclosure Obligations and under all other applicable securities laws and regulations.

Neither 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.

For further information, please contact: Arnold T. Kondrat, President and CEO, Toronto, Ontario, Tel: + 1 (416) 366-7300.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/314905

FAQ

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What financial reports will Gentor stop filing under the semi-annual reporting framework?

Gentor will not file interim financial statements and related MD&A for the three-month period ending March 31 and the nine-month period ending September 30 of each applicable fiscal year.

Which financial statements will Gentor continue to file and what are the stated deadlines?

Gentor will continue to file audited annual financial statements, which are due within 120 days of December 31, and six-month interim financial statements with related MD&A, which are due within 60 days of June 30.

What eligibility criteria does Gentor confirm it meets for CBO 51-933?

The company confirms it is a venture issuer with annual revenues of less than Cdn$10 million and that it has maintained a clean 12‑month continuous disclosure record, as required under CBO 51‑933.

How will Gentor handle disclosure of material corporate developments under SAR?

Gentor states it remains committed to timely and transparent disclosure and will continue to provide timely disclosure of corporate developments and other material information as required under National Instrument 51‑102 and other applicable securities laws and regulations.

What has Gentor said about potentially leaving the SAR pilot program?

If Gentor ceases to participate in the semi-annual reporting pilot program, it will announce this change in a future press release.