cache exploration

Cache Announces Delay in Filing Annual Financial Statements

(TheNewswire)



V A N C O U V ER B C - TheNewswire January 29, 2021. Cache Exploration Inc. (the " Company " or " C ache " ), (TSXV:CAY) a nnou n ce s that its annual financial statements for the year ended September 30, 2020, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the " Annual Financial Filings ") were not filed by the required filing deadline of January 28, 2021 (the " Filing Deadline ").

The Annual Financial Filings were not filed on or before the Filing Deadli ne due to unforeseen delays in the completion of the Company's audit of the annual financial statements for the year ended September 30, 2020. The unforeseen delay was due to the NU Mining Recorder's office records are currently down as they prepare to go live with their new online system 30 January 2021.  Due the delay, the claims cannot be verified at this time.

The Company is working on the steps required to complete the Annual Financial Filings and expects to be able to file the Annual Financial Filings on or before February 26, 2021 .  The Company will provide updates as further information relating to the Annual Financial Filings becomes available.

The Company has applied to the applicable securities regulatory authorities and received a management cease trade order (" MCTO ") imposed against the Chief Executive Officer and Chief Financial Officer of the Company precluding them from trading securities of the Company.  The MCTO will be in effect until the Annual Financial Filings are filed, and requires that the Annual Financial Filings be filed on or before March 26, 2021.

Until the Annual Financial Filings are filed, the Company intends to provide information in accordance with National Policy 12-203 Management Cease Trade Orders .

On b e h a l f o f t h e B oa r d of D i rect o r s,

" Jack Bal "
Chief Executive Officer

Tel.: 1 -604-306-5285

jackbal@cacheexploration.com

N e it h e r T S X V e n t u r e E xc ha n g e n o r its R e g u l a ti o n S erv i ce s P r o v i d e r ( a s t ha t t er m is d e f i n e d in t h e p o li c i e s o f t h e T S X V e n t u r e E xc ha n g e ) a cce p ts res p o n s i b i lity f o r t h e ad e q u a c y o r a cc u r a c y o f t h is re l e a se .

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Cache Exploration

Cache Exploration

Near-Surface, High-Grade Gold Exploration in Nunavut

Near-Surface, High-Grade Gold Exploration in Nunavut Keep Reading...
Horizon Gold

Excellent RC drilling intercepts returned across Snook, Cobia, and Alma May, including 44m @ 5.08g/t Au at Snook

Horizon Gold Limited (ASX: HRN) (‘Horizon’ or ‘the Company’) is pleased to announce some spectacular gold intercepts returned from RC drilling at its 100% owned Gum Creek Gold Project (‘Gum Creek’ or ‘the Project’) located in the Mid-West Region of Western Australia. Final assay results for... Keep Reading...
Gold bars with US Federal Reserve flag.

Editor's Picks: Gold, Silver Prices Bounce, Expert Outlines Fed "Doom Loop" Scenario

The gold price fell below the US$4,100 per ounce level midway through the week, but recovered quickly to close Friday (October 9) near US$4,200. Silver followed a similar trajectory, sinking as low as US$58.75 per ounce on Thursday (October 8) before bouncing back to finish the period just under... Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Dalaroo Metals Gains 67 Percent on Drill Results

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, critical minerals, helium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what... Keep Reading...
andrew o'donnell, stock chart

Andrew O'Donnell: Gold, Critical Minerals — How I Find "Asymmetric" Opportunities

Andrew O'Donnell of the Market Mindset explains how he's using artificial intelligence tools to unearth overlooked opportunities in the junior mining space, emphasizing the importance of tracking companies that follow through on their plans. "I've got a long-term horizon, and that I think is the... Keep Reading...
Inside of building at mine site.

The Two Asset Transition: Why Multiple Producing Assets Matter for Investors

Gold investors tend to focus on the gold price, grades and costs when assessing a producer. The number of mines a company operates gets less attention, but it shapes how much risk shareholders carry and how a company can grow.Global investment manager VanEck said that when you buy a gold... Keep Reading...

Interactive Chart

Latest Press Releases

Related News