Pasinex Provides Update on Postponement in Filing of its Second Quarter Results for 2020
1
Pasinex Provides Update on Postponement in Filing of its Second
Quarter Results for 2020
TORONTO, ON – September 30, 2020 – Pasinex Resources Limited (CSE: PSE) (FSE: PNX)
(The “Company” or “Pasinex”) previously announced that due to logistics and delays caused by
the COVID-19 pandemic, the Company was relying on the British Columbia Securities
Commission’s (the “Commission”) blanket order BCI 51-517 to postpone the filing of its second
quarter financial statements and management’s discussion and analysis (collectively, the
“Second Quarter Filings”) for the three and six months ended June 30, 2020.
In response to the COVID -19 pandemic, the Commission and other securities regulatory
authorities in Canada have granted a blanket exemption allowing issuers an additional 45 days
to complete their regulatory filings that were otherwise due during the period June 2, 2020 to
August 31, 2020.
Until the Company has filed and announced the required Second Quarter Filings, members of
management and other insiders 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.
There have been no material business developments since the date of the last interim financial
statements, filed July 14, 2020, a copy of which is available on SEDAR at www.sedar.com.
Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “Pasinex are continuing to
expect to file the Second Quarter Filings by October 9, 2020. We regret this delay and we are
working diligently to get these statements completed.”
Visit our web site at: www.pasinex.com
On Behalf of the Board of Directors
PASINEX RESOURCES LIMITED
“Andrew Gottwald”
Andrew Gottwald Evan White
Chief Financial Officer Manager of Corporate Communications
Phone: +1 416.861.9659 Phone: +1 416.906.3498
Email: [email protected] Email: [email protected]
The CSE does not accept responsibility for the adequacy or accuracy of this news release.
This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-
looking statements involve known and unknown risks, uncertainties, and other factors that could cause the
actual results of the Company to be materially different from the historical results or any future results
expressed or implied by such forward-looking statements.
2
All statements within, other than statements of historical fact, are to be considered forward -looking.
Although Pasinex believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not a guarantee of future performance, and actual results or
developments may differ materially from those in forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking statements include market prices, continued
availability of capital and financing, exploration results, and general economic, market or business
conditions. There can be no assurances that such statements will prove accurate and, therefore, readers
are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to
update any forward-looking statements.