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File: Attachment 2020.04.16 Emgold - News Release - Reliance on 45 Day Filing Extension.pdf
EMGOLD MINING CORPORATION
Suite 1015 789 West Pender Street
Vancouver, B.C. V6C 1H2
www.emgold.com
April 16, 2020 TSX Venture Exchange : EMR
OTC : EGMCF
Frankfurt Exchange : EMLM
EMGOLD TO RELY ON TEMPORARY RELIEF GRANTED BY
REGULATORS IN FILING ANNUAL AND Q1 FINANCIAL
STATEMENTS
Vancouver, British Columbia - Emgold Mining Corporation (TSXV:EMR, OTC:EGMCF,
FRA:EMLM)) ("Emgold" or the "Company") announces that on March 23, 2020, Canadian Securities
Regulators published temporary blanket relief for market participants from certain regulatory filings as a
result of COVID-19. The Company intends to rely on the temporary blanket relief which provides for a
45 day extension to file its Audited Annual Financial Statements and MD&A for the period ending
December 31, 2019. Emgold now expects to file its Audited Annual Financial Statements and
accompanying MD&A on or before June 15, 2020.
The Company also intends to rely on the 45 day extension in filing its Quarterly Financial Statements and
MD&A for the period ending March 31, 2020. Emgold now expects to file its Q1 Financial Statements
and accompanying MD&A on or before July 16, 2020.
Furthermore, the Company's directors, officers and other insiders will be subject to a trading blackout
until such time as the Annual Financial Statements and Q1 Financial Statements are filed. The Company
confirms that there have been no material business developments that have occurred subsequent to the
filing of the Company's September 30, 2019 Interim Financial Statements on November 28, 2019 that
have not already been disclosed by the Company.
About Emgold
Emgold is a junior gold and base metal exploration company focused on Nevada and Quebec. The
Company's strategy is to look for quality acquisitions, add value to these assets through exploration, and
monetize them through sale, joint ventures, option, royalty, and other transactions to create value for our
shareholders. The Golden Arrow Property, NV is an advanced stage gold and silver exploration property
with a well-defined measured and indicated resource and a core asset for the Company. New York
Canyon, NV is a base metal property subject to an Earn-in with Option to Joint Venture Agreement with
Kennecott Exploration, a subsidiary of Rio Tinto Plc (NYSE: RIO.N). Kennecott has options spend up to
US$22.5 million in expenditures to earn up to a 75% interest, after which a joint venture would form.
Buckskin Rawhide East, NV is an inlying gold and silver property leased by Rawhide Mining LLC, who
operate the Rawhide Mine and represents a royalty opportunity for the Company. Casa South, QC is an
early stage gold exploration property adjacent to Hecla Mining Corporation's (NYSE: HL) operating
Casa Berardi Mine. The East-West, QC is a gold property adjacent to and on strike with Wesdome Gold
Mine Ltd.'s (TSX: WDO) Kiena Complex (past producing Kiena Mine) and Osikso Mining
Corporation's (TSX: OSK) Marban Block (past producing Marban, Norlartic, and Kierrans Mines). Note
that the location of Emgold's properties adjacent to producing or past producing mines does not guarantee
exploration success at Emgold's properties. For more information on the Company, investors should
review the Company's website at www.emgold.com or view the Company's filings available at
www.sedar.com.
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On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note on Forward-Looking Statements
Certain statements made and information contained herein may constitute "forward looking information" and "forward loo
--->king
statements" within the meaning of applicable Canadian and United States securities legislation. These statements and i
--->nformat ion
are based on facts currently available to the Company and there is no assurance that actual results will meet manageme
--->nt's
expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes",
"targets", "estimates", "plans", "expects", "may", "will", "could" or "would". Forward-looking statements and informat
--->ion
contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral
---> resources
and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and am
--->ount of future
exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory app
--->rovals,
environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as
---> of the date
hereof, forward-looking statements and information are not guarantees of future performance and readers should not pla
--->ce undue
importance on such statements as actual events and results may differ materially from those described herein. The Comp
--->any does
not undertake to update any forward-looking statements or information except as may be required by applicable securiti
--->es laws.
The Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review the
--->se
materials, including any technical reports filed with respect to the Company's mineral properties.
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