Quinto Resources Inc logo

QIT - Quinto Resources Inc News Story

C$0.075 0.0  0.0%

Last Trade - 30/07/20

Sector
Basic Materials
Size
Micro Cap
Market Cap £1.79m
Enterprise Value £1.79m
Revenue £2.40k
Position in Universe 2218th / 2676

Quinto Resources postpones filing of its financial statements and MD&A for the year ended January 31, 2020 and the first quarter of 2020 due to COVID-19 related-delays

Fri 29th May, 2020 7:12pm
Quinto Resources postpones filing of its financial statements and MD&A for the year ended January 31, 2020 and the first quarter of 2020 due to COVID-19 related-delays

MONTREAL, May 29, 2020 (GLOBE NEWSWIRE) -- Quinto Resources Inc. (TSXV: QIT) (“Quinto” or the “Company”) is postponing the filing of its financial statements and management's discussion and analysis (“MD&A”) for the year ended January 31, 2020 and for the first quarter of 2020, due to logistics and delays caused by the COVID-19 pandemic.

The Company is relying upon temporary relief granted by Canadian securities regulators, allowing reporting issuers to extend certain continuous disclosure filing deadlines by 45 days. The Company now expects to file its audited annual financial statements and accompanying MD&A on or before July 15, 2020.

In addition, the Company also intends to rely on the 45-day extension in filing its quarterly financial statements and MD&A for the period ended April 30, 2020. Quinto now expects to file its first quarter financial statements and accompanying MD&A on or before July 17, 2020.

Management and directors of the Company are subject to an insider trading blackout policy until the delayed filings are completed, reflecting the principles in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

Quinto confirms that there have been no significant events affecting its business since the filing of its last interim financial statements and MD&A, filed on December 11, 2019.

About Quinto
Quinto Resources Inc. (TSXV:QIT) is a Canadian gold exploration company.

For more information, contact:
Carold Breton                                                         
President and Chief Executive Officer                  
Tel : (450) 521-7999                                               

Neither the 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 news release. Statements made in this news release that are not historical facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking” statement.


Primary Logo

© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.