Patagonia Provides Update ON Extension to File Financial Statements and Md&a
PATAGONIA PROVIDES UPDATE ON EXTENSION TO FILE
FINANCIAL STATEMENTS AND MD&A
May 15, 2020 Vancouver, B.C. Patagonia Gold Corp. (“P atagonia” or the “Company”)
(TSXV: PGDC) announces that it continues to rely on the temporary blanket relief (the
“Relief”) for market participants from certain regu latory filings published by Canadian
securities regulators on March 23, 2020 as a result of the COVID-19 pandemic. The Relief
provides the Company with a 45-day extension to file its Financial Statements and
Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2019
(the “Annual Filings”) and its Financial Statements and MD&A for the period ended March
31, 2020 (the “Q1 Filings”). Patagonia expects to file the Annual Filings on or before June
15, 2020 and the Q1 Filings on or before July 16, 2020.
There have not been any material business developments since the date of the Company’s
last news release. Readers are encouraged to refer to the Company’s news release dated
April 16, 2020 for more information on the filing extension.
About Patagonia Gold
Patagonia Gold Corp. is a mining and development com pany listed on the TSX Venture
Exchange. The Company seeks to grow shareholder val ue through exploration and
development of gold and silver projects in the Pata gonia region of Argentina. The
Company is primarily focused on the Calcatreu project in Rio Negro and the development
of the Cap-Oeste underground project. Patagonia, i ndirectly through its subsidiaries or
under option agreements, has mineral rights to over 350 properties in several provinces
of Argentina and Chile and is one of the largest landholders in the Province of Santa Cruz,
Argentina.
For more information, please contact:
Dean Stuart
T: 403 617 7609
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp
T: +54 11 5278 6950
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited
to, expectations as to the dates on which the Compa ny expects to file the Annual Filings
and the Q1 Filings and the Company’s future plans a nd intentions. Wherever possible,
words such as “may”, “will”, “should”, “could”, “ex pect”, “plan”, “intend”, “anticipate”,
“believe”, “estimate”, “predict” or “potential” or the negative or other variations of these
words, or similar words or phrases, have been used to identify these forward-looking
statements. These statements reflect management’s c urrent beliefs and are based on
information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many
factors could cause actual results, performance or achievements to differ materially from
the results discussed or implied in the forward-loo king statements. These factors should
be considered carefully and readers should not plac e undue reliance on the forward-
looking statements. Although the forward-looking st atements contained in this news
release are based upon what management believes to be reasonable assumptions, the
Company cannot assure readers that actual results will be consistent with these forward-
looking statements. The Company assumes no obligati on to update or revise them to
reflect new events or circumstances, except as required by law.
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.