Business
Supreme Critical Metals Provides Fourth Default Status Update
VANCOUVER, BC / ACCESS Newswire / August 15, 2025 / Supreme Critical Metals Inc. (CSE:CRIT) (FWB:VR61) (OTC PINK:VRCFF) ("Supreme" or the "Company") provides it
About this update from Maverick Gold And Silver Corporation
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / August 15, 2025 / Supreme Critical Metals Inc. (CSE:CRIT) (FWB:VR61) (OTC PINK:VRCFF) (\"Supreme\" or the \"Company\") provides its fourth bi-weekly Default Status Report under National Policy 12-203 Management Cease Trade Orders (\"NP 12-203\"), pursuant to which Supreme issued its original default announcement indicating that the filing of its annual audited financial statements, annual management's discussion and analysis and related certifications for the financial year ended February 28, 2025 (collectively, the \"Required Filings\"), would be delayed beyond the filing deadline of June 27, 2025. The Company reports that since it's news release dated August 1, 2025, there have been no material changes to the information contained therein that have not been disclosed, nor any failure by Supreme to fulfill its intentions as stated therein. As a result of circumstances reasonably linked to the Company's delay in filing the Required Filings, in addition to the default to which this Default Status Report relates, the Company did not meet the deadline for filing its interim unaudited financial statements, interim management's discussion and analysis, and related certifications for the three-month period ended May 31, 2025 (collectively, the \"Interim Filings\"). As a result of the Company's delay in preparing the Required Filings, the Interim Filings could not be properly completed in accordance with Canadian securities law and regulation. Under the securities laws of the provinces in which Supreme is a reporting issuer, the Interim Filings were to be filed by July 30, 2025. The Company's Board of Directors and management confirm that they are working expeditiously to meet the Company's obligations related to the filing of the Required Filings and the Interim Filings. The Company will file the Interim Filings within five business days of filing of the Required Filings. Until the Required Filings and Interim Filings have been filed, the Company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing bi-weekly default status reports in the form of further press releases for so long as the Company remains in default of the financial statement filing requirement. In the event that the Company does not file the Required Filings and Inter...