Silver Bear Announces Anticipated Late Filing of Its Q1 2020 Financial Results
04 Mayo 2020 - 7:31AM
Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX:
SBR) announces today that owing to government-mandated COVID-19
restrictions on travel and the Company’s own on-site quarantine, it
is unable to meet the 15 May 2020 deadline to file its unaudited
financial statements, management’s discussion and analysis and
management’s certifications of its interim filings for the three
month period ending 31 March 2020 (the “Filings”).
The Company expects to make the Filings by no
later than 22 June 2020. As of the date of this press release,
there have been no material business developments since the filing
of the Company’s 2019 annual audited financial statements for the
year ended 31 December 2019, filed on 2 April 2020.
Directors, management and all other insiders of
the Company (“Company Insiders”) are subject to an insider 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, and as such, the Company has
established a blackout period on trading by the Company Insiders
until the Filings have been made.
About Silver Bear
Silver Bear (TSX: SBR) is focused on the
development of its wholly-owned Mangazeisky Silver Project,
covering a licence area of approximately 570 km2 that includes
the high-grade Vertikalny deposit (amongst the highest-grade silver
deposits in the world), located 400 km north of Yakutsk in the
Republic of Sakha within the Russian Federation. As of April 2018,
the Group attained first silver production as a result of
commissioning activities and on 1 July 2019 the Group achieved full
commercial production. Other information relating to Silver Bear is
available on SEDAR at www.sedar.com as well as on the Group’s
website at www.silverbearresources.com.
Cautionary Notes
This release and subsequent oral statements made
by and on behalf of the Company may contain forward-looking
statements, which reflect management's expectations. Wherever
possible, words such as "intends", "expects", "scheduled",
"estimates", "anticipates", "believes" and similar expressions or
statements that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved, have
been used to identify these forward-looking statements. Although
the forward-looking statements contained in this release reflect
management's current beliefs based upon information currently
available to management and based upon what management believes to
be reasonable assumptions, the Company cannot be certain that
actual results will be consistent with these forward-looking
statements. A number of factors could cause events and achievements
to differ materially from the results expressed or implied in the
forward-looking statements. Such risk factors include, but are not
limited, to the risk factors identified by the Company in its
continuous disclosure filings filed from time to time on SEDAR.
These factors should be considered carefully and prospective
investors should not place undue reliance on the forward-looking
statements. Forward-looking statements necessarily involve
significant known and unknown risks, assumptions and uncertainties
that may cause the Company’s actual results, events, prospects and
opportunities to differ materially from those expressed or implied
by such forward-looking statements. Although the Company has
attempted to identify important risks and factors that could cause
actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
and risks that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, prospective investors
should not place undue reliance on forward-looking statements.
These forward-looking statements are made as of the date of this
release, and the Company assumes no obligation to update or revise
them to reflect new events or circumstances, unless otherwise
required by law.
CONTACT INFORMATION:
Vadim IlchukPresident and Chief Executive OfficerT: +7 985 866
8877info@silverbearresources.com |
Judith WebsterInvestor Relations Manager & Corporate
SecretaryT: +416 453
8818jwebster@silverbearresources.com |
Silver Bear Resources (TSX:SBR)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Silver Bear Resources (TSX:SBR)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024