Vancouver, British Columbia – August 28, 2026 – TheNewswire – District Mines Ltd. (NEX: DIG.H) (the “Company”) announced today that the cease trade order (the “CTO”) issued by the principal regulator of the Company, the British Columbia Securities Commission (the “BCSC”), has been revoked effective August 4, 2026.
The CTO was issued by the BCSC on May 11, 2026, as a result of the Company’s failure to file its audited annual financial statements, related management’s discussion and analysis and certifications for the year ended December 31, 2025 (the “2025 Filings”) on or before the prescribed deadline, as required under National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”).
The Company filed the 2025 Filings on SEDAR+ on July 30, 2026. In addition, the Company filed its interim financial statements, MD&A and certifications for the three months ended March 31, 2026, bringing its continuous disclosure obligations fully up to date in accordance with NI 51-102. These documents are available under the Company’s SEDAR+ profile at www.sedarplus.ca.
The Company continues to work with the TSX Venture Exchange and the NEX on a reinstatement of trading and will update the market as matters progress.
About District Mines Ltd.
District Mines Ltd. is a Canada-based company. The Company explores for and develops petroleum and natural gas reserves in Western Canada.
For further information, please contact:
District Mines Ltd.
Tel: (250)-412-9819
Email: districtminesltd@gmail.com
Forward-Looking Statements
This news release contains "forward-looking statements" under applicable Canadian securities laws. Such statements are based on current expectations, assumptions, and projections and involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. These risks include, without limitation, audit outcomes, regulatory or exchange approvals, market conditions, competitive pressures, global economic shifts, and the Company's ability to execute its strategy. Readers are encouraged to review the Company's most recent Management Discussion & Analysis available on SEDAR+ (https:/www.sedarplus.ca/) for additional risk factors. The Company undertakes no obligation to update or revise forward-looking statements, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Copyright (c) 2026 TheNewswire - All rights reserved.