VANCOUVER, BC, Oct. 8, 2020 /CNW/ - Tajiri Resources
Corp. (the "Company") (TSXV: TAJ) is providing
additional information to stakeholders with regards to the filing
of the Company's quarterly and audited financial statements as
detailed in news released September 28,
2020.
Trading in the Company's securities has been halted by the
British Columbia Securities Commission pursuant to a cease trade
order dated October 7, 2020, as a
result of the Company's failure to file its interim financial
statements for the three months ended July
31, 2020 (and corresponding MD&A and
certifications).
Due to the impact of COVID-19 and measures taken to protect the
public and contain the outbreak the Company encountered
difficulties completing certain matters relating to the filing of
its audited financial statements for the fiscal year ended
April 30, 2020, and as a result has
been providing updates on the basis it would be seeking to use much
needed exemptions made available to reporting issuers during this
difficult time. As the finalization of the audit predicates the
completion and filing of the subsequent quarterly financial
statements, the Company was unable to complete the July 31, 2020 interim statements in a timely
manner.
The Company expects its annual audited financial statements will
be completed by October 13, 2020; and
that it will be able to file its interim financial statements for
the three months ended July 31, 2020,
and resume trading shortly thereafter.
Management is not aware of any material information other than
that provided via news release at this time.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President, CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain forward-looking statements
based on assumptions and judgments of management regarding future
events or results. Such statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking
statements. The Company disclaims any intention or obligation to
revise or update such statements.
SOURCE Tajiri Resources Corp.