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MARGARET LAKE DIAMONDS Continues to Work on its Audited Annual Financial Statements
(TheNewswire) VANCOUVER, BC- TheNewswire - Margaret Lake Diamonds Inc. ("MLD"...
About this update from Vault Strategic Mining Corp.
[{"type":"text","content":"MARGARET LAKE DIAMONDS Continues to Work on its Audited Annual Financial Statements \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BC- TheNewswire -\n \n \n Margaret Lake Diamonds Inc.\n \n \n (\"MLD\" or the \"Company\") (TSXV:DIA)\n(FKT:M85A) (OTC:DDIAF)\n \n \n is providing an update\nwith respect to the expected timeline for filing its audited annual\nfinancial statements for the year ended May 31, 2022, the related\nmanagement’s discussion and analysis and certificates of its CEO and\nCFO (collectively, the “Required Documents”) and its previously\nannounced management cease trade order (“MCTO”) issued by the\nCompany’s principal regulator, the British Columbia Securities\nCommission (the “BCSC”), on September 29, 2022.\n \n \n \n \n While the Company and its auditors continue to work\ndiligently to file the Required Documents as soon as they are\navailable, certain additional delays have occurred. The Company\npresently anticipates being able to complete and file the Required\nDocuments no later than November 15, 2022.\n \n \n \n \n As previously announced, pursuant to the MCTO, the\nChief Executive Officer and Chief Financial Officer of the Company may\nnot trade in securities of the Company until such time as the Company\nfiles the Required Documents and the BCSC revokes the MCTO. The MCTO\ndoes not affect the ability of other shareholders of the Company to\ntrade in securities of the Company.\n \n \n \n \n Pursuant to the provisions of the alternative\ninformation guidelines specified in NP 12-203, the Company confirms\nthat, as of the date of this news release: (a) there have been no\nmaterial changes to the information contained in the default\nannouncement issued on March 31, 2021 (the “\n \n \n \n Default\nAnnouncement\n \n \n \n ”) that would reasonably be\nexpected to be material to an investor; (b) there have been no\nfailures by the Company to fulfill its stated intentions with respect\nto satisfying the provisions of the alternative reporting guidelines\nunder NP 12-203; (c) there has not been, nor is there anticipated to\nbe, any specified default subsequent to the default which is the\nsubject of the Default Announcement; and (d) there is no other\nmaterial information concerning the affairs of the Compa...