02:31:47 EDT Wed 18 Mar 2026
Enter Symbol
or Name
USA
CA



Geologica Resource Corp
Symbol GRCM
Shares Issued 32,934,653
Recent Sedar+ Documents

Geologica applies for partial revocation of CTO

2026-03-17 13:51 ET - News Release

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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