Patagonia Provides Update ON Extension to File Q2 2020 Financial Statements and Md&a
PATAGONIA PROVIDES UPDATE ON EXTENSION TO FILE
Q2 2020 FINANCIAL STATEMENTS AND MD&A
September 25, 2020 Vancouver, B.C. Patagonia Gold C orp. (“Patagonia” or the
“Company”) (TSXV: PGDC) announces that it continues to rely on the temporary blanket
relief for market participants from certain regulat ory filings as a result of COVID-19,
pursuant to BC Instrument 51-517 – Temporary Exemption from Certain Corporate
Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 .
This blanket relief provides the Company with a 45- day extension to file its financial
statements and management’s discussion and analysis for the period ended June 30, 2020
(the “Q2 Filings”). Patagonia expects to file the Q2 Filings on or before October 15, 2020.
The Company confirms that, other than entering into the definitive option agreement to
acquire the Mina Angela Property (as disclosed in the press release dated September 15,
2020), there have not been any material business de velopments since the Company’s
August 27, 2020 press release. Readers are encouraged to refer to the Company’s news
release dated August 27, 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 Company expects to file the Q2 Filings and
the Company’s future plans and intentions. Wherever possible, words such as “may”,
“will”, “should”, “could”, “expect”, “plan”, “inten d”, “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 forwar d-looking statements. These
statements reflect management’s current 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.