Corsurex Announces An Update to its Annual Filings
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Corsurex Announces An Update to its Annual Filings
Vancouver, British Columbia / April 28, 2020 - Corsurex Resource Corp . (CSE: CRC ) (the
“Company”) announces that, as a result of the COVID-19 pandemic, it will be relying on the coordinated
relief provid ed by the securities regul ators which consists of a 45 -day extension for certain periodic
filings, as announced by the Canadian Securities Administrators (“ CSA”) on March 18, 2020, with
respect to the filing of its annual financial statements, management's discussion and analysis, and related
officer certificates for its financial year ended December 31, 2019.
The notice released by the CSA stated that securities regulators will be providing coordinated relief
consisting of a 45 -day extension for certain p eriodic filings required t o be made on or prior to June 1,
2020 as a result of the COVID -19 pandemic. As such, the British Columbia Securities Commission
(“BCSC”) has enacted BC Instrument 51 -515, Temporary Exemption from Certain Corporate Finance
Requirements (“BCI 51-515”).
The Company will be relying on the temporary exemption pursuant to BCI 51 -515 in respect to the
following provisions:
• the requirement to file audited financial statements for the year ended December 31, 2019 (the
“Financial Statements”) within 120 days of t he Company's financial year end as required by
section 4.2(b) of National Instrument 51-102 (“NI 51-102”);
• the requirement to file management discussion and analysis (the “ MD&A”) for the period
covered by the Financial Statements w ithin 120 days of the Company's financial year end as
required by section 5.1(2) of NI 51-102; and
• the requirement to file certifications of the Financial Statements (the “Certificates” and together
with the Financial Statements, the “ Annual Filings”) pur suant to section 4.1 of National
Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] NI 51-102.
The Company is continuing to work with its auditors to file the Annual Filings by June 15, 2020.
The Company confirms that ther e have been no mater ial developments, other than those disclosed
through news releases, since the filing of its condensed interim consolidated financial statements for the
period ended September 30, 2019.
Additionally, the Company advises that management and other insiders o f the Company are subject to a
trading black-out policy as described, in principle, in section 9 of National Policy 11 -207, Failure to-File
Cease Trade Orders and Revocations in Multiple Jurisdictions.
ON BEHALF OF THE BOARD OF DIRECTORS
Adrian Hobkirk,
President, CEO and Director
The CSE and Information Service Provider have not reviewed and does not accept responsibility for the
accuracy or adequacy of this release.