22:04:32 EDT Mon 25 May 2026
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or Name
USA
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Brasnova Energy Materials Inc
Symbol BEM
Shares Issued 46,580,263
Close 2026-05-25 C$ 0.10
Market Cap C$ 4,658,026
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Brasnova Energy adopts semi-annual reporting

2026-05-25 17:53 ET - News Release

Mr. Joel Rovaris Ferari reports

BRASNOVA ADOPTS SEMI-ANNUAL REPORTING

Brasnova Energy Materials Inc. is adopting semi-annual financial reporting in place of quarterly reporting, effective for the three-month interim period ending March 31, 2026.

The British Columbia Securities Commission recently issued Coordinated Blanket Order 51-933, which allows eligible venture issuers listed on the TSX Venture Exchange or Canadian Securities Exchange to file financial reports twice a year rather than four times. Brasnova meets the conditions of the order and will begin relying on it starting with its Q3 (third quarter) 2026 interim period.

As a result, the company will not be filing an interim financial report or related MD&A (management's discussion and analysis) for the three-month period ending March 31, 2026, nor for its nine-month period ending Sept. 30, 2026. Brasnova will continue to file audited annual financial statements and semi-annual interim reports as required.

"For a company at our stage of development, quarterly financial reporting can place a disproportionate administrative and cost burden on the business relative to the insight it provides," said Joel Ferari, chief executive officer, Brasnova Energy. "Adopting a semi-annual reporting cycle allows us to allocate more time and capital to advancing our core projects and creating long-term shareholder value, while continuing to maintain transparent and timely disclosure in accordance with TSX-V requirements."

About Brasnova Energy Materials Inc.

Brasnova Energy Materials is focused on securing, developing and monetizing Brazilian critical materials assets and related materials technologies, to build shareholder value.

We seek Safe Harbor.

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