Ms. Linda Lam reports
ADEX MINING ADOPTS SEMI-ANNUAL REPORTING
Adex Mining Inc. intends to participate in the semi-annual financial reporting
framework pilot program recently adopted by the Canadian Securities Administrators. This news
release is being filed pursuant to Coordinated Blanket Order 51-933, Exemptions to Permit
Semi-Annual Reporting for Certain Venture Issuers.
The blanket order allows eligible venture issuers listed on the TSX Venture Exchange to
voluntarily move from a quarterly to a semi-annual financial reporting framework.
Adex's fiscal year-end is Dec. 31. Under the blanket order, the company will be exempt
from filing interim financial reports and related management discussions and analyses (MD&As)
for its first and third quarters:
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Initial interim period: The company will not file an interim financial report or interim
MD&A for the first quarter of 2026 ending March 31, 2026, and the third quarter of 2026
ending Sept. 30, 2026.
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Continuing reporting: The company will continue to file audited annual financial
statements (due within 120 days of year-end) and six-month interim financial reports
(due within 60 days of June 30).
The company confirms that it meets the eligibility criteria to rely on the blanket order, which
includes being a venture issuer with annual revenues of less than $10-million, having a
disclosure record of over 12 months, and having filed all required periodic and timely continuous
disclosure documents.
The company believes that adopting semi-annual reporting will reduce the administrative and
financial burden associated with quarterly reporting, which is the objective of the blanket order.
The company expects that the reduced reporting requirements will allow management to
devote additional time and financial resources toward maximizing value for shareholders.
About Adex Mining Inc.
Adex Mining is a Canadian junior mining company with an experienced management team.
The company has maintained stewardship over the Mount Pleasant mine property while
evaluating strategic alternatives and ensuring regulatory compliance. The Mount Pleasant mine
property is a multimetal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The common shares of Adex trade on the TSX Venture Exchange
under the stock symbol ADE.
We seek Safe Harbor.
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