Mr. Simon Ridgway reports
RACKLA METALS ADOPTS SEMI-ANNUAL FINANCIAL REPORTING
Rackla Metals Inc. has adopted semi-annual financial reporting (SAR) pursuant to Coordinated Blanket Order 51-933 --
Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.
The blanket order allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, the company aims to reduce the administrative and financial burden associated with quarterly reporting.
The company's fiscal year ends on Dec. 31. Under the SAR pilot program, the company will no longer file interim financial reports, and related management's discussion and analysis (MD&A) for its three-month and nine-month interim periods. The initial interim period for which the company will not file is the three-month period ended March 31, 2026.
The company will continue to file audited annual financial statements and MD&A (due 120 days after Dec. 31) and unaudited six-month financial statements and MD&A (due 60 days after June 30).
The company remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102 --
Continuous Disclosure Obligations
and the policies of the TSX-V.
This news release is being issued and filed pursuant to the blanket order.
The company also confirms that its previously announced investor relations services agreement with Canadian Mining Report calls for an aggregate of $81,000 (U.S.) to be paid for the services to be provided, with an initial payment of $6,000 (U.S.) and remaining $75,000 to be paid in five monthly instalments of $15,000 each.
About Rackla Metals Inc.
Rackla Metals is a Vancouver, Canada-based, junior exploration company. The company is targeting tungsten, gold and rare-earth minerals in the southeastern part of the Tombstone gold-tungsten belt in eastern Yukon and western Northwest Territories. This region is known to host world-class gold and tungsten deposits.
We seek Safe Harbor.
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