04:56:46 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Dynasty Metals & Mining Inc
Symbol DMM
Shares Issued 87,808,832
Close 2017-03-31 C$ 0.45
Market Cap C$ 39,513,974
Recent Sedar Documents

Dynasty Metals late in filing annual financials

2017-04-03 08:20 ET - News Release

Mr. Keith Piggott reports

DYNASTY ANNOUNCES LATE FILING OF ANNUAL INFORMATION FORM, FINANCIAL STATEMENTS AND MANAGEMENT CEASE TRADE ORDER

As a result of delays in the completion of its audit, Dynasty Metals & Mining Inc. has not filed its annual information form, financial statements, and accompanying management's discussion and analysis for the fiscal year ended Dec. 31, 2016, by March 31, 2017, being the date that such filings are due under applicable Canadian securities law requirements. The company has applied for, and has been granted, a management cease trade order (the MCTO) by the British Columbia Securities Commission.

The company currently expects to file the annual filings on or before April 14, 2017, and will issue a news release announcing completion of such filings at such time. Until the company files the annual filings, it will comply with the alternative information guidelines set out in National Policy 12-203 -- management cease trade order for issuers that have failed to comply with a specified continuous disclosure requirement within the times prescribed by applicable securities laws. The guidelines, among other things, require the company to issue bi-weekly default status reports by way of a news release so long as the annual filings have not been filed.

During the MCTO, the general investing public will continue to be able to trade in the company's listed common shares. However, the company's chief executive officer and chief financial officer will not be able to trade in the company's shares.

About Dynasty Metals & Mining Inc.

Dynasty Metals & Mining is a Canadian-based mining company involved in the mining, exploration and development of mineral properties in Ecuador. The company is currently focused on gold production and continued development at its Zaruma gold project. The company also owns the Dynasty goldfield project, a permitted property 180 kilometres southwest of the Zaruma project, and the Jerusalem project, an exploration property immediately south of the Fruta del Norte project.

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