Nickel North Announces Reliance on Temporary Regulatory Filing Relief
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Nickel North Announces Reliance on Temporary Regulatory Filing
Relief
Vancouver, British Columbia--(April 29, 2020) – Nickel North Exploration Corp. ("Nickel
North", or the "Company") (TSX VENTURE: NNX) announces that, due to the COVID-19
pandemic, the Company intends to rely on the temporary blanket relief (“Relief”) for market
participants published by the Canadian Securities Administrators, which Relief provides issuers
with a 45-day filing extension for filings required on or before June 1, 2020, to allow issuers the
time needed to focus on the many other business and financial reporting implications of the
COVID- 19 pandemic.
The Company will rely on the Relief, in accordance with BC Instrument 51-515 - Temporary
Exemption from Certain Corporate Finance Requirements, with respect to the filing of its
audited annual consolidated financial statements and accompanying management's discussion
and analysis and related CEO and CFO certificates for the fiscal year ended December 31, 2019
(collectively, the "Annual Filings") and the quarterly consolidated financial statements and
accompanying management's discussion and analysis and related CEO and CFO certificates for
the financial period for the period ended March 31, 2020 (the “Q1 Filings”), which are required
to be filed under Sections 4.2, 4.3 and 5.1(2) of National Instrument 51-102 - Continuous
Disclosure Obligations.
The Company is continuing to work diligently and expeditiously to file the Annual Filings and
the Q1 Filings and expects to have them filed on or prior to the extended filing deadline of June
15, 2020.
Until the Annual Filings and the Q1 Filings are filed, 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 filing of its consolidated interim financial statements for
the period ended September 30, 2019, there have been no material business developments other
than those that have been publicly disclosed as required under applicable securities laws.
For further information:
Nickel North Exploration Corp.
Yingting (Tony) Guo
Chief Executive Officer
Cautionary Statement Regarding Forward-Looking Information
This news release may contain “forward-looking information” and “forward-looking statements” within the
meaning of applicable Canadian securities legislation. All information contained herein that is not historical in
nature may constitute forward-looking information. Forward-looking statements herein include but are not limited
to statements relating to the expected date for filing of the Annual Filings and the Q1 Filings, and are necessarily
based upon a number of assumptions that, while considered reasonable by management, are inherently subject to
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business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or
achievements to be materially different from those expressed or implied by forward -looking statements. Except as
required by law, the Company disclaims any obligation to update or revise any forward -looking statements. Readers
are cautioned not to put undue reliance on these forward-looking statements.
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.