Business
Silver X Provides Update on MCTO
VANCOUVER, BC / ACCESSWIRE / May 18, 2022 / SILVER X MINING CORP. (TSX-V:AGX) (OTCQB:AGXPF) ...
About this update from Silver X Mining Corp
[{"type":"text","content":"Silver X Provides Update on MCTOVANCOUVER, BC / ACCESSWIRE / May 18, 2022 / SILVER X MINING CORP. (TSX-V:AGX) (OTCQB:AGXPF) (\"Silver X\" or the \"Company\") is providing a default status report in accordance with National Policy 12-203 - Management Cease Trade Orders (\"NP 12-203\")On May 4, 2022 the Company announced that it was not in a position to file its audited annual financial statements, management's discussion and analysis and related certifications (the \"Issuer Statements\"), for the financial year ended December 31, 2021 on or before the filing deadline of May 2, 2022, and the British Columbia Securities Commission (\"BCSC\") granted a management cease trade order (\"MCTO\") ordering that all trading by specified insiders of the Company in the securities of the Company cease until the Issuer Statements are filed and the Executive Director of the BCSC revokes the MCTO. The audit of the annual financial statements is in progress and the Company still expects to have the audit of the Issuer Statements completed, and the Issuer Statements filed, no later than May 30, 2022.The Company will continue to provide bi-weekly default status reports, as required by NP 12-203, until the Issuer Statements have been filed. The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in Sections 9 and 10 of NP 12-203 during the period of default. ON BEHALF OF THE BOARD OF DIRECTORS OF SILVER X MINING CORP.Jose M. Garcia Jimenez Chief Executive Officer and DirectorFor further information, please contact: Silver X Mining Corp.José M. Garcia, CEO+ 1 604 358 13682 | [email protected] 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 release.Cautionary Note Regarding Forward Looking InformationCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of the word, \"will\" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. ...