Business
Idaho Champion Announces Update to Its Annual Filings
TORONTO, ON / ACCESSWIRE / April 24, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) ("Champion" or the "Company"), announces that due to the impact on
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / April 24, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (\"Champion\" or the \"Company\"), announces that due to the impact on normal working conditions, and other restrictions caused by the COVID-19 pandemic, and pursuant to the blanket relief granted by the Canadian Securities Administrators, the Company will not file its annual financial statements for the year ended December 31, 2019, and its related management's discussion and analysis, as would otherwise be required by Parts 4 and 5 of National Instrument 51-102-Continuous Disclosure Obligations (collectively, the \"Annual Filings\") prior to the filing deadline of April 29, 2020. The Company expects to report its Annual Filings results on or about May 15, 2020 and is afforded a postponement of up to a maximum 45-day extension pursuant to blanket relief for all market participants granted by the Canadian Securities Administrators due to COVID-19. The Company also intends to postpone the filing of its financial statements and related management's discussion and analysis for the interim period ended March 31, 2020 (the \"Interim Filings\"), until on or before June 30, 2020. Other than as disclosed in the Company's press releases, there have not been any material business developments since the date that the last financial statements of the Company were filed. The Company confirms that its management and other insiders are subject to an insider trading black-out policy that reflects the principles in section 9 of National Policy 11-207-Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions, such that they are in a black-out period until the commencement of the second trading day after the Interim Filings have been disclosed by way of a news release. ABOUT IDAHO CHAMPION Champion is a discovery-focused gold exploration company that is committed to advancing its 100% owned highly prospective mineral properties located in Idaho, United States. The Company's shares trade on the CSE under the trading symbol \"ITKO\". Champion is vested in Idaho with the Baner Project in Idaho County, the Champagne Project located in Butte County near Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt. Idaho Champion strives to be a responsible environmental steward, stakeholder and a contributing citizen to the loca...