Lake Winn Provides Third Bi-Weekly Default Status Report
LAKE WINN RESOURCES CORP.
1111 Melville Street, 11th Floor Vancouver,
British Columbia Canada V6E 3V6
Tel: (604) 689-1799 / Fax: (604) 689-8199
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Lake Winn Provides Third Bi-Weekly Default Status Report
Vancouver, British Columbia – June 14, 2021 – Lake Winn Resources Corp. (TSX-V: LWR, OTC:
EQTXF), (the “Company” or “Lake Winn”), announces that further to its news release dated May 31 ,
2021 it provides this third bi-weekly default status report in accordance with National Policy 12- 203
Management Cease Trade Orders (“NP 12-203”).
As previously announced in the Company’s news release dated May 4, 2021 (the “Default
Announcement”), the Company’s pri ncipal regulator, the British Columbia Securities Commission
(the “BCSC”) granted a management cease trade order (the “MCTO”) on May 4, 2021, under National
Policy 12-203 Management Cease Trade Orders (“NP 12-203”).
Pursuant to the MCTO, the Chief Executiv e Officer and the Chief Financial Officer may not trade in
securities of the Company until such time as the Company files its annual audited financial statements
for the year ended December 31, 2020, including the related management’s discussion and analys is,
and related certifications on or before July 2, 2021 (collectively the “Required Documents”) and the
Executive Director of the BCSC revokes the MCTO. The MCTO does not affect the ability of
shareholders to trade their securities.
The Company’s Board of Directors and management confirm that they are working expeditiously to file
the Required Documents and confirm that since the Company’s press release dated May 4, 2021:
• There have been no material changes to the information contained in the Default
Announcement that would reasonably be expected to be material to an investor;
• There have been no failures by the Company to fulfill its stated intentions with respect to
satisfying the provisions of the alternative information reporting guidelines under NP 12-203;
• There has not been, nor is there anticipated to be, any specified default subsequent to the
default which is the subject of the Default Announcement; and
• There have been no material changes in respect of the Company’s affairs that have not been
generally disclosed.
Until the Required Documents have been filed, the Company intends to continue to satisfy the
provisions of the alternative information guidelines specified in NP 12- 203 by issuing bi-weekly default
status reports in the form of further press releases for so long as the Company remains in default of
the financial statement filing requirement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this
release.
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For further information contact:
Patrick Power
CEO and Director
Lakewinn Resources Corp.
Telephone: (604) 218-8772
Cautionary Statement Regarding “Forward-Looking” Information
Certain s tatements contained in this press release may constitute forward -looking statements. Such
forward-looking statements are based upon the Company’s reasonable expectations at the date hereof,
which are subject to change depending on economic, political and c ompetitive circumstances and
contingencies. Readers are cautioned that such forward looking statements involve known and unknown
risks, uncertainties and other factors that may cause a change in such assumptions and the actual
outcomes and estimates to be materially different from those estimated or anticipated future results,
achievements or position expressed or implied by those forward -looking statements. Risks, uncertainties
and other factors that could cause the Company’s plans or prospects to change i nclude changes or
disruptions in the securities markets; legislative, political or economic developments. The Company
disclaims any intention or obligation to update or revise any forward-looking statements whether as a result
of new information, future events or otherwise.