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Provider: Reuters Investment Profile
Provider: Reuters Investment Profile
Provider: GlobalData
Provider: Thomson Reuters Stock Report

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Northland Resources SA Provides Third Default Status Update

Thursday, 9 May 2013 01:30pm EDT 

Northland Resources SA announced that since the issuance of the Company's default announcement on March 28, 2013, except as stated in this Default Status Report (DSR), there have not been any material changes to the information contained therein; nor any failure by the Company to fulfill its intentions as stated therein with respect to satisfying the provisions of the alternative information guidelines; and there are no additional defaults or anticipated defaults subsequent to the disclosure therein, other than the delay in filing the Annual Filings and related CEO and CFO certificates. Further, there is no additional material information respecting the Company and its affairs that has not been generally disclosed. The Company filed the Annual Filings and related CEO and CFO certificates on April 30, 2013 and is in discussion with the Ontario Securities Commission (OSC) in connection with those filings. Upon completion of those discussions the Company intends to re-file its annual information form for the fiscal year 2012, so that it is dated subsequently to the date of the auditor's report in the Company's annual financial statements for the year ended December 31, 2012. If the Company's discussions with the OSC are not completed prior to May 24, 2013, the Company intends to file its fourth DSR on May 24, 2013.