TRES-OR TO RELY ON EXTENDED FILING DEADLINE FOR ANNUAL AUDITED AND QUARTERLY FINANCIAL STATEMENTS AND MD&A
Vancouver, B.C. – June 17, 2020 - Tres-Or Resources Ltd. (“Tres-Or” or the “Company”) (TSXV: TRS, OTCPK: TRSFF) provides an update on the status of the filing of it’s:
Due to complications in completing the audit as a result of the COVID-19 pandemic, the Company will not be filing the Annual Statements, and may not be able to file the Interim Statements, by the statutory deadlines. On May 20, 2020 the British Columbia Securities Commission provided issuers with a temporary exemption from certain corporate finance requirements with deadlines during the period from June 2 to August 31, 2020. The Company will rely on this exemption with respect to the annual and quarterly filings in accordance with BC Instrument 51-517, Temporary Exemption from Certain Corporate Finance Requirements.
Members of the Company's management and other insiders are subject to a trading black-out policy that reflects the principles in section 9 of National Policy 11-207. The Company expects to file the documents on or before the end of the available 45 extension period. An update on material business developments since the filing of the Company's last financial reports has been provided in prior press releases.
For further information, please see the Tres-Or website at: (www.tres-or.com).
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.
FORWARD LOOKING INFORMATION
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws. This press release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks various risk factors discussed in the Company's Management's Discussion and Analysis under the Company's profile on www.sedar.com.