EnGold Announces Adoption of Semi-Annual Financial Reporting

Rhea-AI Summary

EnGold Mines (OTC: GWRRF, TSXV: EGM) has elected to participate in the Canadian Securities Administrators’ Semi-Annual Financial Reporting Pilot (SAR Pilot) under Coordinated Blanket Order 51-933. The program allows eligible venture issuers to move from quarterly to semi-annual financial reporting.

EnGold determined it meets the SAR Pilot criteria, including being a venture issuer, having annual revenue under $10 million, maintaining at least a 12‑month disclosure record, and having filed all required periodic and timely documents. The company’s year-end is September 30, and it will no longer file interim financial reports and related MD&A for its first and third quarters, starting with the nine‑month period ended June 30, 2026. EnGold will continue to file audited annual financial statements, unaudited six‑month interim reports, and provide timely disclosure in line with applicable securities laws.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - EnGold Mines Ltd. (TSXV: EGM) ("EnGold" or the "Company") announces that it has elected to participate in the Semi-Annual Financial Reporting Pilot (the "SAR Pilot") program. The SAR Pilot was introduced by the Canadian Securities Administrators under Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the "Blanket Order"). This news release is being filed pursuant to the Blanket Order.

The SAR Pilot permits eligible venture issuers to transition from quarterly to semi-annual financial reporting. The Company has determined that it meets the eligibility criteria to participate in the SAR Pilot, including that it is a venture issuer, has annual revenues of less than $10 million, has a disclosure record of at least 12 months, and has filed all required periodic and timely disclosure documents.

As a result of this election, the Company will file interim financial reports and related management's discussion and analysis ("MD&A") on a semi-annual basis, rather than quarterly. Under the Blanket Order, the Company will be exempt from filing interim financial reports and related MD&A for its first and third quarters. The Company's financial year-end is September 30. The initial period for which the Company will not file a quarterly interim financial report and related MD&A will be for the nine-month period ended June 30, 2026.

The Company will continue to file audited annual financial statements and unaudited six-month interim financial reports and will continue to provide timely disclosure in accordance with applicable securities laws.

About EnGold

EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC which hosts the Spout Copper Deposit, the Aurizon Gold Deposit, and the G1 Copper Deposit and other targets within a large porphyry mineralizing system. With world-class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.

EnGold Mines Ltd.

Dale Reimer
CFO

Contact: John Brown
Email: jkbrown@gmx.com
Phone: (780) 909-6630

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311228

FAQ

What change to financial reporting did EnGold Mines (GWRRF) announce on August 24, 2026?

EnGold Mines announced it will move from quarterly to semi-annual financial reporting under the SAR Pilot. According to EnGold, this election is made under CSA Coordinated Blanket Order 51-933 for eligible venture issuers meeting specific revenue and disclosure criteria.

What is the Semi-Annual Financial Reporting Pilot (SAR Pilot) EnGold (GWRRF) joined?

The SAR Pilot is a Canadian Securities Administrators program allowing certain venture issuers to report semi-annually instead of quarterly. According to EnGold, it participates under Blanket Order 51-933, which grants exemptions for interim reporting to eligible issuers meeting defined conditions.

When will EnGold (GWRRF) stop filing certain quarterly financial reports under the SAR Pilot?

EnGold will be exempt from filing interim financial reports and MD&A for its first and third quarters. According to EnGold, the initial period without a quarterly interim filing is the nine-month period ended June 30, 2026, aligned with its September 30 year-end.

What financial statements will EnGold Mines (GWRRF) continue to file after adopting semi-annual reporting?

EnGold will continue filing audited annual financial statements and unaudited six-month interim financial reports. According to EnGold, it will also keep providing timely disclosure in accordance with applicable securities laws, despite no longer filing first- and third-quarter interim reports and MD&A.

Why is EnGold (GWRRF) eligible for the CSA semi-annual reporting exemption?

EnGold states it qualifies because it is a venture issuer, has annual revenues below $10 million, maintains at least a 12-month disclosure record, and has filed all required documents. According to EnGold, these factors satisfy the SAR Pilot eligibility criteria under Blanket Order 51-933.