Mr. Greg Heaney reports
NEW GUINEA GOLD ANNOUNCES DELAY IN FILING OF ANNUAL FILINGS
The filing of New Guinea Gold Corp.'s audited annual financial statements for the year ended Dec. 31, 2012, including the related management discussion and analysis, and chief executive officer and chief financial officer certifications, was not filed by the required filing deadline of April 30, 2013.
The annual financial filings were not filed before the filing deadline as the company has recently completed a change of auditor, and the company's newly appointed auditor does not have the necessary time to complete its audit prior to the filing deadline.
The company's staff is working diligently with its auditors, and the company anticipates that it will be in a position to file the required documents before June 30, 2013.
The company has applied to the applicable securities regulatory authorities and received a management cease-trade order related to the company's securities to be imposed against all of the persons who are currently directors or officers of the company to trade securities of the company. The management cease-trade order will be in effect until the annual financial filings are filed.
Until the annual financial filings are filed, the company intends to provide information in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults.
We seek Safe Harbor.
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