Mr. Daithi Mac Gearailt reports
TRAILBREAKER ADOPTS SEMI-ANNUAL REPORTING
Trailbreaker Resources Ltd. is adopting semi-annual financial reporting in place of quarterly reporting, effective for the three-month interim period ending
(Q1 2026 period end date).
The British Columbia Securities Commission recently issued Coordinated Blanket Order 51-933, which allows eligible venture issuers listed on the TSX Venture Exchange or Canadian Securities Exchange to file financial reports twice a year rather than four times. Trailbreaker meets the conditions of the order and will begin relying on it starting with its Q1 2026 interim period.
As a result, the company will not be filing an interim financial report or related MD&A (management's discussion and analysis) for the three-month period ending March 31, 2026, nor for its nine-month period ending Sept. 30, 2026. Trailbreaker will continue to file audited annual financial statements and semi-annual interim reports as required.
"For a company at our stage, preparing quarterly financial reports is a significant administrative burden relative to the information value they provide to our shareholders," said Daithi Mac Gearailt, president and chief executive officer of Trailbreaker Resources. "Shifting to semi-annual reporting lets us direct more of our resources toward exploration and creating value in the ground, while still meeting our disclosure obligations to investors."
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