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Alhambra Resources Ltd Not Able To File 2012 Audited Financial Statements By April 30, 2013


Friday, 19 Apr 2013 09:27am EDT 

Alhambra Resources Ltd announced that the Corporation will not be able to file annual audited financial statements, management's discussion and analysis and Chief Executive Officer (CEO) and Chief Financial Officer (CFO) certificates (collectively, the 2012 Annual Audited Financial Statements) by the filing deadline of April 30, 2013 as prescribed by National Instrument 51-102 - Continuous Disclosure Obligations (NI 51-102). This is due to a current lack of funds to remunerate the Corporation's auditors. Until Alhambra completes the filing of the 2012 Annual Audited Financial Statements, Alhambra will comply with the alternative information guidelines set out in National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults for issuers who have failed to comply with a specified continuous disclosure requirement within the times prescribed by applicable securities laws. The guidelines, among other things, require Alhambra to issue bi-weekly default status reports by way of a news release so long as the 2012 Annual Audited Financial Statements have not been filed. 

Company Quote

0.055
-0.0050 -8.33%
24 Oct 2014