Business
Update for Reliance on Temporary Regulatory Filing Relief
VANCOUVER, BC / ACCESSWIRE / May 29, 2020 / Majestic Gold Corp. ("Majestic" or the "Issuer")...
About this update from Majestic Gold Corp.
[{"type":"text","content":"Update for Reliance on Temporary Regulatory Filing ReliefVANCOUVER, BC / ACCESSWIRE / May 29, 2020 / Majestic Gold Corp. (\"Majestic\" or the \"Issuer\") (TSXV:MJS) announced today that, further to its news release (the \"Relief Announcement\") dated April 14, 2020, it is continuing to rely upon the temporary blanket relief (the \"Relief\") for market participants published by the Canadian Securities Administrators, which relief provides issuers with a 45-day filing extension for filings required on or before June 1, 2020, to allow issuers the time needed to focus on the many other business and financial reporting implications of the COVID-19 pandemic.The Company is relying on the Relief, in accordance with BC Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements and Alberta Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements, with respect to the filing of its audited annual consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the fiscal year ended December 31, 2019 (collectively, the \"Annual Filings\") and the quarterly consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the period ended March 31, 2020 (the \"Q1 Filings\"), which are required to be filed under Sections 4.2, 4.3 and 5.1 of National Instrument 51-102 - Continuous Disclosure Obligations.The Company is continuing to work diligently and expeditiously to file the Annual Filings and the Q1 filings as soon as possible in accordance with the Relief. In addition, the Company confirms that there have been no material business developments since the date of Relief Announcement on April 14, 2020.About Majestic Gold Corp.Currently focused mainly in China, Majestic Gold Corp. is a British Columbia based company engaged in commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China. Additional information on the Company and its projects is available under the Company's profile at www.sedar.com and on the Company's website at www.majesticgold.com.For further information, please contact:Stephen Kenwood, P.Geo., President and CEOTelephone: (604) 560-9060Email: [email protected] LOOKING INFORMATIONCertain s...