Noble Plains Announces Adoption of Semi-Annual Reporting
Rhea-AI Summary
Noble Plains Uranium (TSXV: NOBL, OTCQB: NBLXF) has elected to adopt a semi-annual reporting framework under Coordinated Blanket Order 51-933, which grants certain venture issuers in British Columbia relief from some interim filing requirements under National Instrument 51-102.
The change takes effect in the third quarter of 2026. Noble Plains will no longer file interim financial statements, MD&A, or officer certifications for the nine-month period ended June 30, 2026. Going forward, the company will report results twice a year, for the fiscal year ended September 30 and the first six months ended March 31. The next financial disclosure will cover the year ended September 2026.
Positive
- Semi-annual framework expected to streamline reporting and reduce administrative costs
- Resources can be redirected toward executing long-term business strategy
- Company confirms it is current with all continuous disclosure filings
- Issuer states it is not engaged in transactions that would affect eligibility for the relief
Negative
- Financial reporting frequency reduced from quarterly to semi-annual
- No interim financial statements or MD&A will be filed for nine-month period ended June 30, 2026
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2026) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0) ("Noble Plains" or the "Company") a U.S.-focused uranium exploration and development company, announces that it has elected to adopt the semi-annual reporting framework and is filing this news release pursuant to Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the "Blanket Order"). The Blanket Order provides eligible venture issuers in British Columbia with relief from certain interim filing requirements under National Instrument 51-102 - Continuous Disclosure Obligations.
The decision reflects the Company's continued focus on long-term value creation, strategic execution, and operational performance. By adopting a semi-annual reporting schedule, the Company aims to devote greater attention to executing its business strategy while continuing to provide shareholders with meaningful, transparent, and timely information.
The Company expects the transition to streamline its financial reporting processes, reduce administrative costs associated with quarterly reporting, and support a greater emphasis on sustainable growth and long-term business performance.
The change will take effect during the third quarter of the year and as a result, the Company will not file interim financial statements, related management's discussion and analysis or related officer certifications for the nine-month period ended June 30, 2026 in reliance on this Blanket Order. Under the new reporting framework, the Company will publish financial results twice annually, covering the full fiscal year ended September 30 and the first six months ended March 31. Notwithstanding the adoption of the semi-annual reporting framework, the Company remains subject to all applicable timely disclosure obligations and continuous disclosure requirements under securities legislation, including the requirement to disclose material changes in the affairs of the Company and report significant corporate developments on a timely basis.
The Company's next financial disclosure will therefore be filed for the year ended September, 2026, in accordance with the timelines prescribed under applicable securities legislation.
The Company confirms that it satisfies the eligibility criteria under BC Instrument 51-933, including that it is a venture issuer listed on the TSX Venture Exchange, with a principal regulator in British Columbia, is current with all continuous disclosure filings, and is not subject to any ongoing or contemplated transactions, financing activities, reverse takeovers or developments that could reasonably be expected to affect its eligibility to rely on the relief.
Additional details regarding the reporting calendar, including the timing of future financial results and investor communications, will be made available on the Company's website.
About Noble Plains Uranium
Noble Plains Uranium Corp. is a U.S.-focused uranium exploration and development company advancing a portfolio of high-potential projects amenable to In Situ Recovery (ISR) — the most capital-efficient and environmentally responsible method of uranium extraction. Our strategy targets historically drilled and underexplored assets in proven jurisdictions, with the objective of rapidly delineating NI 43-101-compliant resources and building a scalable inventory of domestic uranium.
More information is available at: www.nobleplains.com X: https://x.com/NOBLuranium
On Behalf of the Board of Directors,
"Drew Zimmerman", CEO & President
For further information, please contact: Drew Zimmerman: (778) 686-0973
This news release includes certain forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements with respect to the Company's continued participation in the SAR Pilot Program pursuant to Coordinated Blanket Order 51-933, the anticipated reduction in administrative, legal, and financial costs associated with moving from a quarterly to a semi-annual reporting framework, and the expected timing of future semi-annual and annual filings. These statements are based on current expectations, estimates, projections, and assumptions that management believes are reasonable, including the assumption that the Company will continue to meet all eligibility criteria required to remain a participating venture issuer under the Blanket Order. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such risks include, among others, the risk that regulatory authorities may amend, rescind, or fail to permanently adopt the SAR framework following the conclusion of the pilot project, changes in the Company's financial or operational status that render it ineligible for the exemption, and general market and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309750