True Grit Announces Delay IN Filing of Annual Disclosure Documents Due to COVID‐19
LEGAL_34377827.1
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES
TRUE GRIT RESOURCES LTD.
Suite 404 – 999 Canada Place
Vancouver, B.C. V6C 3E2
Telephone : (604) 662‐3230
Fax : (604) 682‐4309
TSX.V Symbol: TGI.H
TRUE GRIT ANNOUNCES DELAY IN FILING OF ANNUAL DISCLOSURE DOCUMENTS DUE TO
COVID‐19
VANCOUVER, British Columbia, July 28, 2020 ‐ ‐ True Grit Resources Ltd. (the “Company”)
(NEX:TGI.H) is providing an update on the status of the filing of its annual financial statements
and accompanying management’s discussion and analysis, and related CEO and CFO
certifications for the financial year ended March 31, 2020 (collectively, the “Annual Filings”),
which are required to be filed by July 29, 2020 under Part 4 and Part 5 of National Instrument 51‐
102. BC Instrument 51‐517 allows for a 45‐day filing extension for certain filings required on or
before August 31, 2020 to allow issuers the time needed to focus on the many other business
and financial reporting implications of COVID‐19.
The Company will rely on this exemption with respect to the Annual Filings. The Company is
continuing to work diligently and expeditiously with its auditors to file the Annual Filings on or
before August 12, 2020.
In the interim, 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 filings of
its interim unaudited consolidated financial statements for the nine months ended December 30,
2019, there have been no material business developments other than those disclosed through
news releases.
For and on behalf of the Board
True Grit Resources Ltd.
Per: “Byron Coulthard”
Byron Coulthard
President & CEO
LEGAL_34377827.1
Tel: 1.604.657.7004
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This release includes certain statements that may be deemed "forward‐looking statements". All
statements in this release, other than statements of historical facts, that address events or
developments that the Company expects to occur, are forward‐looking statements. Forward‐
looking statements are statements that are not historical facts and are generally, but not always,
identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur. Although the Company believes the expectations expressed in such
forward‐looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in the
forward‐looking statements. Factors that could cause the actual results to differ materially from
those in forward‐looking statements include market prices, exploitation and exploration
successes, and continued availability of capital and financing, and general economic, market or
business conditions. Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ materially from those
projected in the forward‐looking statements. Forward‐looking statements are based on the
beliefs, estimates and opinions of the Company's management on the date the statements are
made. Except as required by applicable securities laws, the Company undertakes no obligation to
update these forward‐looking statements in the event that management's beliefs, estimates or
opinions, or other factors, should change.