Alturas Minerals Annual and Interim Filings Update
Toronto, April 30, 2020 – Alturas Minerals Corp. (the “Company” or “Alturas”) (TSX-V, BVL: ALT) is providing an update on the status of the filing of its annual financial statements and accompanying management's discussion and analysis, annual information form and related CEO and CFO certifications for the financial year ended December 31, 2019 (collectively " Annual Filings") and its interim financial statements and accompanying management's discussion and analysis and related CEO and CFO certifications for the quarter ended March 31, 2020 (the “First Quarter Filings”).
On March 23,2020, the Canadian Securities Administrators (CSA) published a blanket relief providing issuers with a 45-day filing extension for filings required on or before June 1, 2020 to allow issuers the time needed to focus on the many other business and financial reporting implications of COVID-19. Alturas will rely on this exemption with respect to the Annual Filings as well as its First Quarter Filings in accordance with Ontario Instrument 51-502Temporary Exemption from Certain Corporate Finance Requirements.
The Company is continuing to work diligently and expeditiously with its auditors to file the Annual Filings on or around May 14, 2020 and it First Quarter Filings on or around June 29, 2020. In the interim, management and other insiders of the Company are subject to a trading black-out policy that reflects the principles in section 9 of National Policy 11-207, Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
The Company confirms that since its press release on March 30, 2020 there have been no material business developments.
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About Alturas Minerals Corp.
Alturas is a Canadian corporation, and is the parent company of Alturas Minerals S.A. (“Alturas Peru”) and Alturas Chile Ltda (“Alturas Chile”). Alturas’ exploration strategy is focused on the discovery of large epithermal gold mineralized deposits and copper-gold porphyry/skarn deposits in Peru and Chile.
Alturas Peru has been exploring various mineral projects in Peru since January 2004. Alturas’ properties include projects includes projects located in central and southern Peru including the Sombrero Copper-Gold Project, currently optioned to Auryn Resources Ltd. And the Pampa Colorada Project, currently optioned to Origen Group S.A.C.
For further information, please visit the Company's website at www.alturasminerals.com
For further information please contact Alturas at:
Alturas Minerals Corp.
Phone: (416) 363-4900 Email: [email protected] 301-372 Bay St., Toronto, ON, M5H 2W9
and
(“Alturas Perú”) Av. Javier Prado Este 1238, Corpac, San Isidro in Lima, Perú.
Should you wish to receive Company news via email, please email [email protected] and specify “Alturas News” in the subject line
The TSX Venture Exchange and the Bolsa de Valores de Lima do not accept responsibility for the adequacy or accuracy of this release.
Cautionary Language and Forward-Looking Statements This press release may contain “forward-looking statements”, which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure documents filed from time to time with the Canadian and Peruvian securities authorities
Disclosure
This press release contains forward-looking information within the meaning of Canadian securities laws. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.
Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, forecast, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to: the state of the financial markets for the Company's equity securities; recent market volatility; the Company's ability to raise the necessary capital or to be fully able to implement its business strategies; the risks identified in the Filing Statement, and other risks and factors that the Company is unaware of at this time. The reader is referred to the Filing Statement dated September 25, 2017 and/or the most recent annual and interim Management's Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company page on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.