Mr. Jean Labrecque reports
GLEN EAGLE RESOURCES ANNOUNCES THE DEFERRAL OF ITS FINANCIAL STATEMENTS FILINGS
Glen Eagle Resources Inc. is deferring its filing and transmission dates of financial statements, given the logistical delays created by the COVID-19 outbreak, the company will be forced to push the filing dates of its year-end 2019 and first quarter 2020 financial statements from April 28, 2020, to June 12, 2020, or before and from May 28, 2020, to July 14, 2020, or before, respectively.
A full list of filings that will be delayed includes: 2019 year-end financial statements and management discussion and analysis, chief executive officer and chief financial officer certifications; Q1 2020 interim financial statements and MD&A, CEO and CFO certifications. The revised filing dates will not constitute regulatory defaults by the company as the Canadian Securities Administrators has granted all issuers a 45-day extension to file their financial statements due to the impact of the COVID-19 outbreak on the operations of the listed companies.
The company's management and other insiders are subject to a trading blackout that reflects the principles contained in Section 9 of National Policy 11-207. There have been no material business developments since the date of the last interim financial statements, filed on Nov. 27, 2019, a copy of which is available on SEDAR.
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