Mr. Benjamin Hill reports
RAIN CITY RESOURCES GRANTED A MANAGEMENT CEASE TRADE ORDER FOR ANNUAL FILINGS BY THE ALBERTA SECURITIES COMMISSION
Rain City Resources Inc.'s principal regulator, the Alberta Securities Commission, has granted a management cease trade order (MCTO).
As previously announced on Jan. 27, 2026, the company applied for the MCTO due to a delay in the filing of the audited consolidated financial statements for the year ended Sept. 30, 2025, the annual management's discussion and analysis for the same period, and management certifications of annual filings.
The MCTO restricts the company's management from all trading in securities of the company until such time as the annual filings have been filed by the company and the MCTO is no longer in effect. The MCTO does not affect the ability of other shareholders of the company to trade in securities of the company. The company and its auditor continue to work diligently toward completing the annual filings as soon as possible with the goal of filing the annual filings, as well as the Dec. 31, 2025, interim financial report, the management's discussion and analysis for the same period, and management certifications of interim filings no later than March 30, 2026.
The company confirms that since the date of the announcement: (i) there has been no material change to the information set out in the announcement that has not been generally disclosed; (ii) the company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under National Policy 12-203, Management Cease Trade Orders, and issue biweekly default status reports for so long as the delay in filing the annual filings continues, each of which will be issued in the form of a news release; (iii) there has not been any other specified default by the company under NP 12-203; (iv) the company is not subject to any insolvency proceedings; and (v) there is no material information concerning the affairs of the company that has not been generally disclosed.
About Rain City Resources Inc.
Rain City is an integrated critical mineral technology and project development company committed to addressing the environmental, social and economic challenges of lithium and critical mineral extraction from brine. By advancing scalable, water-conscious DLE solutions, Rain City is helping drive the transition to a clean energy future.
We seek Safe Harbor.
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