Casa Minerals Inc. Announces Management Cease Trade Order
Casa Minerals Inc.
822-470 Granville St.
Vancouver, BC, V6C 1V5
P: 604-689-9523
F: 778-379-3899
https://www.casaminerals.com
Casa Minerals Inc. Announces Management Cease Trade Order
Vancouver, British Columbia – May 1, 2026 – Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE:
0CM) (the “Company” or “Casa”) announces that it made an application to the British Columbia and
Alberta Securities Commission to approve a temporary management case trade order (“ MCTO”) under
National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-203”), which will
prohibit trading securities by the Company by the Chief Executive Officer and Chief Financial Officer of the
Corporation until such time as the Required Filings (defined below) and all continuous disclosure
requirements have been filed by the Company, and the MCTO has been lifted. During the period in which
the MCTO is effective, the general public, who are not insiders of the Company, will continue to be able to
trade in the Company’s listed securities. The MCTO was granted on May 1, 2026.
The Company made the application for the MCTO as it expect ed that it would be unable to file its audited
financial statements for the year ended December 31, 2025, and the management’s discussion and
analysis and related Chief Executive Officer and Chief Financial Officer certificates for this period
(collectively, the “Required Filings”) before the April 30, 2026 filing deadline.
The Company and the auditor expected a delay in the audit due to the Company having a change in auditor
in March of 2026. As such, the Company was concerned that the Annual Filings might not be filed on time
because the successor auditor needs time to complete its work. The Company anticipates that it will be in
a position to remedy the default by filing the Required Filings before May 31, 2026. The MCTO will be in
effect until the Required Filings are filed. During this MCTO, all management, officers and directors of the
Company will be prohibited from trading in the Company's securities pursuant to the Company's black -out
procedures.
The Company intends to satisfy the provision of the alternative information guidelines set out in Sections 9
and 10 of NP-12-203 as long as the Required Filings are outstanding.
Contact Information
Farshad Shirvani
Chief Executive Officer
Phone: (604) 678-9587
Email: [email protected]
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this release constitute forward- looking statements or information under
Canadian securities legislation. Generally, forward- looking statements can be identified by the use of
forward-looking terminology such as “will”, “expects”, “anticipates” or variations of such words and phrases
or statements that certain actions, events or results “will” occur. In particular, forward-looking statements in
this release include statements regarding: the anticipated timing for the filing of the Annual Filings; and the
ability of the Company to comply with the requirements of NP12- 203. Forward- looking statements are
based on the opinions and estimates of management as of the date such statements are made and are
subject to known and unknow n risks, uncertainties and other factors that may cause actual results to be
materially different from those expressed or implied by such forward-looking statements, including that the
Annual Filings may not be completed in the time anticipated or allowed for by the MCTO, in which case a
general cease trade order may be issued with respect to the Company’s securities. Although management
of the Company has attempted to identify important factors that could cause actual results to differ materially
Casa Minerals Inc.
822-470 Granville St.
Vancouver, BC, V6C 1V5
P: 604-689-9523
F: 778-379-3899
https://www.casaminerals.com
from those contained in the forward- looking statements, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to
be accurate, as actual results and future ev ents could differ materially from those anticipated in such
statements. The Company cautions readers of this news release not to place undue reliance on the forward-
looking statements contained in this release as many factors could cause actual results or conditions to
differ materially from current expectations. Additional information on these and other risk factors that could
affect the Company’s operations are outlined in the Company’s continuous disclosure documents that can
be found on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile. The Company does not
intend and disclaims any obligation, except as required by law, to update or revise any forward- looking
statements, whether because of new information, future events, or otherwise.