Mr. Lawrence Hay reports
NEW EARTH RESOURCES ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933
New Earth Resources Corp. has elected to rely on Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and move to semi-annual financial reporting (SAR).
Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the Canadian Securities Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on March 31. Under the SAR pilot program:
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Interim period: The company will be exempt from filing an interim financial report and related management's discussion and analysis for the first quarter (Q1) ended June 30, 2026, and the third quarter (Q3) ending Dec. 31, 2026;
- Continuing reporting: New Earth will continue to file six-month interim financial reports (due within 60 days of Sept. 30, 2026) and audited annual financial statements (due within 120 days of March 31, 2027).
The company confirms it meets the SAR pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million as shown on its most recently filed audited annual financial statements, having been a reporting issuer in at least one jurisdiction of Canada for 12 months or more, and having filed all required periodic and timely disclosure documents under applicable Canadian securities legislation.
This news release is being filed pursuant to Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.
About New Earth Resources Corp.
New Earth Resources is a Canadian-based mineral exploration company acquiring and developing advanced and early-stage exploration projects. Its flagship project is its 100-per-cent-owned, past-producing Lucky Boy uranium property, located in Gila county, Arizona. Consisting of 14 lode claims spanning approximately 273 acres and contiguous state lease mineral land of approximately 268 acres, the Lucky Boy project totals approximately 541 acres, and covers a small open-pit and underground workings that produced uranium in the 1950s and again in the 1970s.
The company also has the option to acquire a 100-per-cent interest in 23 claims covering approximately 1,102 hectares in the Strange Lake area of Quebec, Canada, known as the SL project, which is prospective for rare earth elements. In addition, the company has the option to acquire a 100-per-cent interest in the Red Wine rare earth project, comprising two non-contiguous mineral claims located in Labrador, Canada, covering approximately 1,575 hectares.
We seek Safe Harbor.
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