01:52:37 EDT Wed 03 Jun 2026
Enter Symbol
or Name
USA
CA



Tsodilo Resources Ltd
Symbol TSD
Shares Issued 66,678,963
Close 2026-06-02 C$ 0.15
Market Cap C$ 10,001,844
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Tsodilo Resources adopts semi-annual reporting

2026-06-02 18:59 ET - News Release

Mr. James Bruchs reports

TSODILO RESOURCES LTD ANNOUNCES TRANSITION TO SEMI-ANNUAL REPORTING TO ENHANCE EFFICIENCY

Tsodilo Resources Ltd., pursuant to Canadian Securities Administrators Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, as adopted by the Ontario Securities Commission, will transition to a semi-annual financial reporting (SAR) framework.

The company's fiscal year ends on Dec. 31. Under the provisions of CBO 51-933, the company will be exempted from the requirements to file quarterly financial statements for each of its first and third fiscal quarters, together with the associated management's discussion and analysis (MD&A), for so long as it continues to meet all eligibility criteria under CBO 51-933. Accordingly, Tsodilo does not intend to file interim financial statements and the associated MD&A for the three months ending March 31, 2026, and the nine-month period ending Sept. 30, 2026, and all subsequent periods ending March 31 and Sept. 30.

The corporation will continue to file audited annual financial statements (due within 120 days of Dec. 31) and six-month interim financial reports and the related MD&A (due within 60 days of June 30). The corporation remains committed to timely disclosure and will continue to report all material changes and significant developments in accordance with National Instrument 51-102, Continuous Disclosure Obligations.

The corporation confirms that it meets the eligibility criteria under CBO 51-933. The corporation has determined that participation in the SAR program will ease the administrative and financial burden associated with quarterly reporting and is consistent with the objectives of CBO 51-933.

This news release is issued in accordance with the blanket order. Tsodilo will continue to report all material changes and significant developments as required under National Instrument 51-102, Continuous Disclosure Obligations, and applicable securities laws. Management believes that adopting semi-annual reporting will reduce the administrative and financial burden associated with quarterly reporting while allowing the company to focus additional resources on advancing its business objectives.

About Tsodilo Resources Ltd.

Tsodilo Resources is an international mineral resource exploration company engaged in the search for economic metal deposits at its Gcwihaba Resources Pty. Ltd. projects in Botswana. The company has a 100-per-cent stake in its Gcwihaba project area, consisting of five metal (base, precious, platinum group and rare earth) prospecting licences, all located in the northwestern district of Botswana.

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