KORE Announces Filings of Annual and Interim Financial Statements and Revocation of Cease Trade Order
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KORE ANNOUNCES FILINGS OF ANNUAL AND INTERIM FINANCIAL STATEMENTS
AND REVOCATION OF CEASE TRADE ORDER
Vancouver, BC, August 8, 2025 – KORE Mining Ltd. (TSXV: KORE) (“ KORE” or the “ Company”) provides
an update with respect to the Management Cease Trade Order (the "MCTO") and Failure to file
cease trade order (the “FFCTO”) issued by the British Columbia Securities Commission (the
“Commission”) on May 1, 2025 and July 18, 2025, respectively.
The Company confirms that August 1, 2025 , it completed and filed its audited annual financial
statement, management's discussion and analysis (the “MD&A”) , and related CEO and CFO
certifications for the year ended December 31, 2024 (the “Annual Financials”). On the same date,
the Company also filed its interim financial statement , MD&A, and related CEO and CFO
certifications for three months ended March 31, 2025 (the “Interim Financials”).
As of result of the completion of these filings, the Commission revoked the MCTO and FFCTO on
August 5, 2025. The Company has reached out to the TSX Venture Exchange (the “TSX -V”) to
reinstatement trading its common shares, and anticipated that its common shares will resume
trading on the TSX-V following the completion of the reinstatement review by the TSX-V.
The Company’s Annual Financials and Interim Financials are available on SEDAR+ at
www.sedarplus.ca.
About KORE Mining
KORE Mining is focused on responsibly creating value from its portfolio of gold assets in California, USA.
The Company is advancing the Imperial project towards development while continuing to explore across
both district-scale gold assets.
Further information on Imperial and KORE can be found on the Company’s website at
www.koremining.com or by contacting us as [email protected] or by telephone at (888) 407-5450.
On behalf of KORE Mining Ltd.
“James Hynes”
Executive Chairman and CEO
(888) 407-5450
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.
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements relating to the future operations of the Company
and other statements that are not historical facts . Forward -looking statements are often identified by
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terms such as "will", "may", "should", "anticipate", "expects", “intends”, “indicates” and similar
expressions. All statements other than statements of historical fact, included in this release, including,
without limitation, statements regarding the future plans and objectives of the Company are forward -
looking statements.
Forward-looking statements in this news release include, but are not limited to, statements with respect
to: the ability to advance exploration activities at the Imperial Gold Project and the Long Valey Project;
the potential to expand or upgrade the mineral resources at the Imperial Project and the Long Valey
Project through ongoing or future exploration programs; and the anticipated outcomes of further
exploration efforts to improve the classification of Indicated or Inferred mineral resources at the Imperial
Project and the Long Valey Project. Such forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current judgment regarding the direction of our
business. In connection with the forward -looking information contained in this presentation, the
Company has made numerous assumptions, including, among others: there being no significant change
to current geotechnical, metallurgical, hydrological and other physical conditions at the Imperial Project
or the Long Valey Project ; exploration, permitting, and development of the Imperial Project being
consistent with current expectations and planning; the geological, permitting and economic advice that
the Company has received is reliable and is based upon practices and methodologies which are consistent
with industry standards; and other planning assumptions. While the Company considers these
assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and
contingencies.
Forward looking information involves known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company to be materially different
from any future results, performance or achievements exp ressed or implied by the forward -looking
information. Known risk factors include, among others: the exploration drill program may not be
completed as planned; the exploration programs may not result in the discovery of new mineral resources
or the successful upgrading of existing mineral resources; mineral resource estimates may not be accurate
or may be reduced based on future exploration results ; the need to obtain additional financing;
uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or
development programs and uncertainty of meeting anticipated program milestones; uncertainty as to
timely availability of permits and other government approvals.
In addition to the above summary, additional risks and uncertainties are described in the “Risks” sections
of the Company’s Management’s Discussion and Analysis for the nine months ended September 30, 2024
prepared as of November 29, 2024 available under the Company’s issuer profile on SEDAR+ at
www.sedarplus.ca.
Forward-looking statements contained herein are made as of the date of this news release and the
Company disclaims any obligation to update any forward-looking statements, whether as a result of new
information, future events or results, except as may be required by applicable securities laws. There can
be no assurance that forward-looking information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information.
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There is no certainty that all or any part of the mineral resource will be converted into mineral reserve. It
is uncertain if further exploration will allow improving the classification of the Indicated or Inferred
mineral resource. Mineral resources are n ot mineral reserves and do not have demonstrated economic
viability.