AUQ GOLD Provides Bi-Weekly Default Status Report
LEGAL_36897964.1
AuQ GOLD PROVIDES BI-WEEKLY DEFAULT STATUS REPORT
August 11, 2021, Vancouver, British Columbia – AuQ Gold Mining Inc. (TSXV:AUQ; PINK:NSVLF)
(the “Company”) announces that further to its news release dated June 29, 2021 (the “ Default
Announcement”), the Company’s principal regulator , the British Columbia Securities Commission (the
“BCSC”) granted a management cease trade order (the “MCTO”) on June 29, 2021, under National Policy
12-203 Management Cease Trade Orders (“NP 12-203”).
Pursuant to the MCTO, the Chief Executive Officer and the Chief Financial Officer may not trade in
securities of the Company until such time as the Company files its annual audited financial statements for
the year ended February 28, 2021, including the related management’s discussion and analysis, and related
certifications on or before July 30, 2021 (collectively the “ Required Documents”) and the Executive
Director of the BCSC revokes the MCTO. The MCTO does not affect the ability of shareholders to trade
their securities. Further to the Company’s news release dated July 21, 2021 the Company has been granted
an extension by the BCSC to file the Required Documents on or before August 16, 2021 (the “Extension”).
The Company expects to file the Required Documents on or before August 16, 2021.
The Company’s Board of Directors and management confirm that they are working expeditiously to file
the Required Documents and confirm that since the Company’s press release dated June 29, 2021 except
as set out above with respect to the Extension regarding the date to file the Required Documents:
• There have been no material changes to the information contained in the Default Announcement
that would reasonably be expected to be material to an investor;
• There have been no failures by the Company to fulfill its stated intentions with respect to satisfying
the provisions of the alternative information reporting guidelines under NP 12-203;
• There has not been, nor is there anticipated to be, any specified default s ubsequent to the default
which is the subject of the Default Announcement; and
• There have been no material changes in respect of the Company’s affairs that have not been
generally disclosed.
Until the Required Documents have been filed, the Company intends to continue to satisfy the provisions
of the alternative information guidelines specified in NP 12-203 by issuing bi-weekly default status reports
in the form of further press releases for so long as the Company remains in default of the financial statement
filing requirement.
On behalf of the Board of Directors,
“Glen Macdonald”
CEO and Director
Tel.: 604-719-8129
Neither 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.