12:29:01 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Silk Road Finance Inc
Symbol SFA
Shares Issued 6,192,889
Close 2015-01-06 C$ 1.10
Market Cap C$ 6,812,178
Recent Sedar Documents

Silk Road Finance changes year-end to Dec. 31

2015-01-28 20:56 ET - News Release

Mr. Alisher Ali reports

SILK ROAD FINANCE INC. (FORMERLY SILK ROAD VENTURES LTD.) ANNOUNCES YEAR-END CHANGE

Silk Road Finance Inc. (formerly Silk Road Ventures Ltd.) has changed its financial year-end from Feb. 28 to Dec. 31. The change of the financial year-end is being made so that the company's new financial year-end coincides with the year-end in most emerging markets, where the company plans to develop its business.

The company's transition year will consist of a 10-month period ended on Dec. 31, 2014, with interim financial statements.

                              TRANSITION YEAR FILING

Fiscal    Length of     Ending date of comparative period           Filing deadline
quarter   period    Period          Period       Period-end date
                                    length

Q1        3/3       May 31, 2014    3/3          May 31, 2013       July 30, 2014
Q2        3/6       Aug. 31, 2014   3/6          Aug. 31, 2013      Oct. 30, 2014 
Q3        3/9       Nov. 30, 2014   3/9          Nov. 30, 2013      Jan. 29, 2015
Y/E       10        Dec. 31, 2014   12           Feb. 28, 2014      April 30, 2015

                        NEW FINANCIAL YEAR FILING

Fiscal  Length of      Ending date of comparative period           Filing deadline
quarter period    Period            Period     Period-end date
                                    length

Q1      3/3       March 31, 2015    3/3        Feb. 28, 2014       June 1, 2015
Q2      3/6       June 30, 2015     3/6        May 31, 2014        Aug. 31, 2015
Q3      3/9       Sept. 30, 2015    3/9        Aug. 31, 2014       Nov. 30, 2015                       
Y/E     12        Dec. 31, 2015     10         Dec. 31, 2014       April 29, 2016

The company will file the notice of change in financial year under National Instrument 51-102 on SEDAR.

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