Idaho Champion Announces Update to Its Annual Filings
Idaho Champion Announces Update to Its
Annual Filings
Toronto, ON – April 24, 2020 - Idaho Champion Gold Mines Canada Inc. (CSE:
ITKO) (“Champion” or the "Company"), announces that due to the impact on
normal working conditions, and other restrictions caused by the COVID -19
pandemic, and pursuant to the blanket relief granted by the Canadian Securities
Administrators, the Company will not file its annual financial statements for the
year ended December 31, 2019, and its related management’s discussion and
analysis, as would otherwise be required by Parts 4 and 5 of National Instrument
51-102-Continuous Disclosure Obligations (collectively, the “Annual Filings”)
prior to the filing deadline of April 29, 2020.
The Company expects to report its Annual Filings results on or about May 15,
2020 and is afforded a postponement of up to a maximum 45 -day extension
pursuant to blanket relief for all market participants granted by the Canadian
Securities Administrators due to COVID-19.
The Company also intends to postpone the filing of its financial statements and
related management’s discussion and analysis for the interim period ended March
31, 2020 (the “Interim Filings”), until on or before June 30, 2020.
Other than as disclosed in the Company's press releases, there have not been
any material business developments since the date that the last financial
statements of the Company were filed.
The Company confirms that its management and other insiders are subject to an
insider 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, such that they are in a black-out period until the commencement of
the second trading day after the Interim Filings have been disclosed by way of a
news release.
ABOUT IDAHO CHAMPION
Champion is a discovery-focused gold exploration company that is committed to
advancing its 100% owned highly prospective mineral properties located in Idaho,
United States. The Company’s shares trade on the CSE under the trading symbol
“ITKO”. Champion is vested in Idaho with the Baner Project in Idaho County, the
Champagne Project located in Butte County near Arco, and four cobalt properties
in Lemhi County in the Idaho Cobalt Belt. Idaho Champion strives to be a
responsible environmental steward, stakeholder and a contributing citizen to the
local communities where it operates. Champion takes its social license seriously
and employs local community members and services its operations.
ON BEHALF OF THE BOARD
“Jonathan Buick”
Jonathan Buick, President and CEO
For further information, please visit the Company’s SEDAR profile at
www.sedar.com or the Company’s corporate website at www.idahochamp.com.
For further information please contact:
Nicholas Konkin, Marketing and Communications
Phone: (416) 477 7771 ext. 205
Email: [email protected]
Cautionary Statements
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed
or accepted responsibility for the adequacy or accuracy of this press release
This press release may include forward-looking information within the meaning of Canadian
securities legislation, concerning the business of the Company. Forward-looking information is
based on certain key expectations and assumptions made by the management of the Company.
Although the Company believes that the expectations and assumptions on which such forward-
looking information is based on are reasonable, undue reliance should not be placed on the
forward-looking information because the Company can give no assurance that they will prove to
be correct. Forward-looking statements contained in this press release are made as of the date of
this press release. The Company disclaims any intent or obligation to update publicly any forward-
looking information, whether as a result of new information, future events or results or otherwise,
other than as required by applicable securities laws.