Honey Badger Announces Delayed Filing of 2020 Q1 Interim Financial Report Pursuant to Temporary Relief Granted by Regulators
NEWS RELEASE
May 27, 2020
Honey Badger Announces Delayed Filing of 2020 Q1 Interim Financial
Report Pursuant to Temporary Relief Granted by Regulators
Toronto, Ontario – May 27, 2020 – Honey Badger Exploration Inc. (TSX -V: TUF) (“Honey
Badger” or the “Company”) today announced that it will be delaying the filing and delivery
of certain of its continuous disclosure documents, in accordance with BC 51 -515
Temporary Exemption from Certain Corporate Finance Requirements (the “Blanket
Exemption Order”) which was adopted for the purpose of providing certain filing and other
relief to issuers in light of the challenges posted by the COVID-19 pandemic.
The Company is relying on the Blanket Exemption Order in delaying (i) the filing of its
interim financial report and related management discussion and analysis for the period
ended March 31, 2020 ( the “Interim Financial Report”) required pursuant to sections 4.4
and 5.1(2), respectively, of National Instrument 51 -102 Continuous Disclosure Obligations
and (ii) the filing of certifications of the Interim Financial Report required pursuant to
National Instrument 52-109 Certification of Disclosure in Issuer’s A nnual and Interim Filings
(collectively with the Interim Financial Report, the “Required Interim Filings”) and
compliance with the delivery requirements of applicable securities laws relating to the
Required Interim Filings.
The officers and directors of the Company and certain other persons will be subject to a
trading black-out that reflects the principles in section 9 of National Policy 11 -207 Failure-
to-File Cease Trade Orders and Revocations in Multiple Jurisdictions pursuant to which such
persons are prohibited from trading in any securities of the Company.
The Company currently intends to make the Required Interim Filings by June 30, 2020.
Since the filing of the Company's third quarter 2019 interim financial statements and
related management discussion and analysis on November 28, 2019 (the “ 2019 Q3
Filings”), the Company has disclosed by way of news release or filings on SEDAR, the
following significant business developments: it announced on December 11, 2019 that Ms.
Fiona Fitzmaurice, BA, ACCA, CPA, CGA was appointed as Honey Badger’s Chief Financial
Officer and further announced on that date that it had completed surface exploration work
on its Thunder Bay Silver-Cobalt Project, located southwest of Thunder Bay, Ontario. There
have been no material business developments since the date of the Company’s 2019 Q3
Filings.
About Honey Badger Exploration Inc.
Honey Badger is a mineral exploration company headquartered in Toronto, Ontario,
Canada with properties in Quebec and Ontario including an interest in the Thunder Bay
Cobalt-Silver Project. The Company's common shares trade on the TSX Venture Excha nge
under the symbol “TUF”.
For more information, please visit our website at http://www.honeybadgerexp.com.
Or contact:
Quentin Yarie, President & CEO, (416) 364-7029, [email protected]
or
Mia Boiridy, Investor Relations, (416) 364-7029, [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release contains fo rward-looking statements. In some cases, you can identify forward -looking
statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”,
“predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These
statements are only predictions and involve known and unknown risks, uncertainties and other factors that may
cause our or our industry’s actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or achievements expressed or implied by these
forward-looking statements.
Although the Company believes that the assumptions and factors used in preparing the forward -looking
information in this news release are reasonable, undue reliance should not be placed on such information, which
only applies as of the date of this news release. The Company disclaims any intention or obligation to update or
revise any forward -looking information, whet her as a result of new information, future events or otherwise,
other than as required by law.