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Refiling of Interim Consolidated Financial Statements and CEO/CFO Certifications

Refiling of Interim Consolidated Financial Statements and CEO/CFO Certifications Toronto, Onta...

articleTsodilo Resources LimitedAugust 2, 20114/company/tsodilo-resources-limited/news/refiling-of-interim-consolidated-financial-statements-and-ceocfo-certifications
Refiling of Interim Consolidated Financial Statements and CEO/CFO Certifications

About this update from Tsodilo Resources Limited

[{"type":"text","content":"\nRefiling of Interim Consolidated Financial Statements and CEO/CFO Certifications\n\nRefiling of Interim Consolidated Financial Statements and CEO/CFO Certifications\nToronto, Ontario CANADA, August 02, 2011 /FSC/ - Tsodilo Resources Limited (TSD - TSX Venture)(\"Tsodilo\" or the \"Company\") announces the filing of amended Interim Consolidated Financial Statements for the period ending March 31, 2011 and Certification of Refiled Interim Filings (Form-109F2R) for the corresponding reporting period. \nOn June 28, 2011, the Company filed Interim Consolidated Financial Statements for the period ending March 31, 2011.A subsequent review of the Interim Consolidated Financial Statements revealed that the equity reconciliation as at March 31, 2010 as required by IFRS 1 First-Time Adoption of International Financial Reporting Standards was not included in the statements filed on June 28, 2011. On June 29, 2011, amended financial statements correcting the omission were filed on SEDAR, posted on the company's website and provided to applicable reporting agencies. \nAbout Tsodilo Resources: Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic kimberlites and metal deposits at its Newdico (Pty) Limited (\"Newdico\") and Gcwihaba Resources (Pty) Limited (\"Gcwihaba\") projects in northwest Botswana. The Company has an 97% stake in Newdico (3,940 km2 under Precious Stone - diamond licenses) while Trans Hex Group, a South African diamond mining and marketing company, holds the remaining 3%. The Gcwihaba project area (5,870 km2 under Precious Stone - diamond licenses; 12,810 km2 Metal (base, precious, platinum group, and rare earth) licenses; and, 1,430 km2 under Radioactive Minerals licenses) is 100% held by the Company. Tsodilo manages the exploration of both the Newdico and Gcwihaba license areas. \nThe Company has offices in Toronto, Canada and Gaborone and Maun, Botswana. Please visit the Company's website, www.TsodiloResources.com, for additional information and background on our projects.\nThis press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements...

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