Nickel North Announces Reliance on Temporary Regulatory Filing Relief
Vancouver, British Columbia--(August 28, 2020) – Nickel North Exploration Corp. ("Nickel North", or the "Company") (TSX VENTURE: NNX) announces that due to circumstances created by the COVID-19 pandemic, it will be postponing the reporting of its interim financial statements and accompanying management's discussion and analysis for the three (3) month period ended June 30, 2020 (the "Interim Filings” or "Q2 Filings"), required to be filed by August 31, 2020 pursuant to National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102").
This news release is being issued in accordance to the blanket relief of a 60-day extension provided by the Canadian Securities Administrators and BC Instrument 51-517 Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020.
The Company is continuing to work diligently and expeditiously to file the Interim Filings and expects to have them filed on or prior to the extended filing deadline of October 30, 2020.
Until the Q2 Filings are filed, 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 the filing of its consolidated interim financial statements for the period ended September 30, 2019, there have been no material business developments other than those that have been publicly disclosed as required under applicable securities laws.
For further information:
Nickel North Exploration Corp.
Yingting (Tony) Guo Chief Executive Officer [email protected]
Cautionary Statement Regarding Forward-Looking Information
This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the expected date for filing of the Annual Filings and the Q1 Filings, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.
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.
AC/7458092.1