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05:35:39 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Goldex Resources Corp (3)
Symbol GDX
Shares Issued 19,603,539
Close 2023-05-01 C$ 0.07
Market Cap C$ 1,372,248
Recent Sedar Documents

Goldex late to file 2022 results, receives MCTO

2023-05-02 17:53 ET - News Release

Ross Subject: News Release Word Document File: '\\swfile\EmailIn\20230502 141215 Attachment GDX2023-05-02-News-MCTO.docx' Suite 610 - 700 West Pender Street, Vancouver, British Columbia, Canada V6C 1G8 Telephone: (604) 669-4300 www.goldex.ca Goldex Resources Corporation tsx-v.gdx ______________________________________________________________________________________ Goldex Announces Grant of Management Cease Trade Order VANCOUVER, British Columbia, May 2, 2023 - GOLDEX RESOURCES CORPORATION (TSXV: GDX) ("Goldex" or the "Company") announces that it will not be able to file its annual financial statements, management's discussion and analysis and the required certifications (the "Annual Filings") on or before the prescribed filing deadline of May 1, 2023, as required by National Instrument 51-102, Continuous Disclosure Obligations ("NI 51-102") and NI 52-109, Certification of Disclosure in Issuer's Annual and Interim Filings, respectively. The Company has been granted by the British Columbia Securities Commission a temporary management cease trade order ("MCTO") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), which will prohibit trading in securities of the Company by certain insiders of the Company, whether direct or indirect. The Company has been granted the MCTO as it is unable to file its Annual Filings within the deadline as required under NI 51-102. The Company has experienced unexpected delays in compiling the information required to prepare the Annual Filings due to scheduling conflicts and delays in receiving documentation from Guatemalan government agencies due to a lack of agency resources. The Company anticipates that it will be in a position to file the Annual Filings on or before June 30, 2023. The MCTO will be in effect until the Annual Filings are filed. The Company confirms that it will comply with the alternative information guidelines included in NP 12-203 so long as the Annual Filings are outstanding. ON BEHALF OF THE BOARD OF DIRECTORS GOLDEX RESOURCES CORPORATION "Charles Ross" Charles Ross, CEO Tel: 604.669.4300 Website: www.goldex.ca Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Forward-Looking Disclaimer This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Forward-looking statements made in this news release include, but are not limited, to: the Company's expectation that the Annual Filings will be made by June 30, 2023; and other business plans of the Company. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include, among other things: that the Company may not be able to complete the steps required to make the Annual Filings by June 30, 2023; and other factors beyond the control of the parties. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

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