Subject: news for immediate release
PDF Document
File: Attachment 260317 NR Partial GRCM.pdf
GEOLOGICA RESOURCE CORP.
1111 -1100 Melville St.
Vancouver, British Columbia, V6E 4A6
GEOLOGICA RESOURCE CORP. ANNOUNCES APPLICATION FOR PARTIAL REVOCATION OF
CEASE TRADE ORDER
March 17, 2026, Vancouver, BC Geologica Resource Corp. (the "Company) announces that it has filed
an application with the British Columbia Securities Commission (the "Principal Regulator") for a partial
revocation of a failure-to-file cease trade order (the "FFCTO") issued against the Company on May 6, 2025.
The Company applied for a partial revocation order in order to permit the Company to be able to complete
a private placement debt financing (the "Financing") in British Columbia, Alberta and Ontario of $150,000
of on demand unsecured promissory notes accruing interest at 8.5% per annum. For each distribution made
pursuant to the Financing, the Company will comply with one or more of, the accredited investor exemption
contained in section 2.3 of NI 45-106 and the Financing will be completed in accordance with all applicable
laws.
The Company will use the proceeds of the Financing to resolve outstanding fees, prepare audited financial
statements for the financial years ended December 31, 2024 and prepare unaudited financial statements
for the periods ending March 31, 2025, June 30, 2025 and September 30, 2025 and pay all other costs
associated with applying for a full revocation of the FFCTO. The Company intends to allocate the proceeds
from the Financing as follows:
Description Estimated Amounts ($)
Legal Fees 15,000
Accounting and Audit Fees 70,000
General and Administrative 12,000
CSE Fees 12,000
Late, Filing, Participation Fees and other Charges 10,000
2025 AGM Fees 5,000
Transfer Agent and Registrar Fees 10,000
General Unallocated Working Capital 16,000
Total
150,000
The Company currently has 32,934,653 issued and outstanding common shares. Upon completion of the
Financing, the Company will have 32,934,653 issued and outstanding shares.
ON BEHALF OF THE BOARD OF DIRECTORS
GEOLOGICA RESOURCE CORP.
"Doug Unwin"
Doug Unwin, President and CEO.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current estimates,
beliefs, intentions, and expectations. They are not guarantees of future performance. The Company
cautions that all forward looking statements are inherently uncertain, and that actual performance may be
affected by a number of material factors, many of which are beyond The Company's control. Such factors
include, among other things: risks and uncertainties relating to The Company's limited operating history
and the need to comply with environmental and governmental regulations. Accordingly, actual, and future
events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations
expressed or implied in the forward-looking information. Except as required under applicable securities
legislation, The Company undertakes no obligation to publicly update or revise forward-looking information.
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