Subject: Jinhua Capital Corporation - News Release Attached for Distribution on Stockwatch.com
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File: Attachment Jinhua Bi-weekly Default Announcement News Release June 12 2025.pdf
Jinhua Capital Corporation TSXV: JHC JINHUA CAPITAL CORPORATION
1500 - 1055 West Georgia Street
Vancouver, British Columbia
V6E 4N7
JINHUA ANNOUNCES DELAY IN FILING 2024 ANNUAL FINANCIAL STATEMENTS
VANCOUVER, BC June 12, 2025 Jinhua Capital Corporation ("Jinhua" or the "Company")
announces that, further to its news release dated May 1, 2025 (the "Default Announcement"),
the Company's principal regulator, the British Columbia Securities Commission (the "BCSC")
granted a management cease trade order (the "MCTO") on May 1, 2025, under National Policy
12-203 Management Cease Trade Orders ("NP 12-203").
Pursuant to the MCTO, the Chief Executive Officer and the Chief Financial Officer may not trade
in securities of the Company until such time as the Company files its annual audited financial
statements for the year ended December 31, 2024, including the related management's
discussion and analysis, and CEO and CFO certifications on or before June 30, 2025 (collectively
the "Required Documents") and the Executive Director of the BCSC revokes the MCTO. The
MCTO does not affect the ability of shareholders to trade their securities.
The Company's staff are working diligently with its auditors and the Company anticipates that it
will be in a position to file the Required Documents by June 30, 2025.
The Company's Board of Directors and management confirm that they are working
expeditiously to file the Required Documents and confirm that since the Company's Default
Announcement:
dot There have been no material changes to the information contained in the Default
Announcement that would reasonably be expected to be material to an investor;
dot There have been no failures by the Company to fulfill its stated intentions with respect to
satisfying the provisions of the alternative information reporting guidelines under NP 12-
203;
dot There has not been, nor is there anticipated to be, any specified default subsequent to the
default which is the subject of the Default Announcement; and
dot There have been no material changes in respect of the Company's affairs that have not been
generally disclosed.
Until the Required Documents have been filed, the Company intends to continue to satisfy the
provisions of the Alternative Information Guidelines specified in NP 12-203 by issuing these bi-
weekly default status reports in the form of further press releases for so long as the Company
remains in default of the Required Documents filing requirement.
About the Company
Jinhua is a mineral exploration company focused on exploring gold and critical mineral properties
located primarily in Canada. From time to time, the Company may also evaluate the acquisition
of other mineral exploration assets and opportunities.
For further information, please contact:
Chris Thomas,
Interim CEO and Director
e: Thomas.chris250@gmail.com
c: +1 (778) 988.8650
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable Canadian
securities laws. Forward-looking statements are often identified by words such as "expects," "intends,"
"anticipates," "believes," "estimates," "may," "could," "will," "plans," and similar expressions. These
statements relate to future events or future performance, including, but not limited to, statements
regarding the anticipated timing for filing the Required Documents, the Company's ability to remedy its
filing default, the expected revocation of the MCTO, and the Company's continued compliance with
National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). Forward-looking statements are
based on the Company's current expectations, beliefs, and assumptions, including assumptions regarding
the timely completion of the audit process, the ability of the Company and its auditors to meet required
filing deadlines, the accuracy of management's estimates and expectations, regulatory approvals, and
market conditions. These statements involve known and unknown risks, uncertainties, and other factors
that may cause actual results to differ materially from those expressed or implied in such statements.
Factors that could cause actual results to differ materially include, but are not limited to: delays in the
audit process; the Company's inability to file the Required Documents within the anticipated timeframe;
regulatory or compliance issues; changes in financial reporting or disclosure standards; unanticipated
requests for additional information from auditors or regulators; and other unforeseen financial,
operational, or regulatory developments. Additional risk factors are outlined in the Company's public
filings available on SEDAR+ (www.sedarplus.ca). The Company undertakes no obligation to update or
revise any forward-looking statements to reflect new information, future events, or otherwise, except as
required by law. Investors are cautioned not to place undue reliance on forward-looking statements, as
actual results may differ materially from expectations.
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