Coniagas files 2024 financials, remains under MCTO
2025-07-15 00:52 ET – News Release
Mr. Frank Basa reports
CONIAGAS FILES YEAR-END FINANCIALS AND ANNOUNCES MCTO STATUS
Coniagas Battery Metals Inc. is providing this update on the status of the management cease trade order (MCTO) issued May 1, 2025, concerning the delay of the filing of its annual financial statements in respect of its year ended Dec. 31, 2024, its management discussion and analysis relating to its annual financial statements, and the chief executive officer and chief financial officer certifications. The company announces that as of today, the annual filings have been filed.
Subsequent to the annual filings, the company is also required to file its Q1 (first quarter) interim financial statements in respect of its three-month period ended March 31, 2025, its management discussion and analysis relating to its three-month period, and the CEO and CFO certifications.
The MCTO will stay in effect until the interim filings are filed and the company intends to satisfy the provisions of the alternative information guidelines in accordance with National Policy 12-203, Management Cease Trade Orders, by issuing biweekly default status reports in the form of news releases until the situation is satisfactorily rectified. The MCTO restricts the company’s CEO and the chief financial officer from trading in the company’s securities but does not affect the ability of other shareholders, including the public, to trade in securities of the company.
The company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reporting in the form of news releases for so long as it remains in default of the above noted filing requirements.
About Coniagas Battery Metals Inc.
Coniagas is a Canadian junior mining company focused on nickel, copper and cobalt, and platinum group metals in Quebec. Coniagas’s strategy is to create value for shareholders through the development of its mineral properties, with the intention to develop Coniagas into a critical metals supplier to the electric vehicle (EV) market.
We seek Safe Harbor.
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