AbraPlata Announces Financial Filing Dates
V.ABRA | 4 days ago
(via TheNewswire)
Toronto - TheNewswire - April 22, 2020: AbraPlata Resource Corp. (TSXV:ABRA)(OTC:ABBRF) ("AbraPlata" or the "Company") is postponing the reporting of its fourth quarter and full year 2019 financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications (collectively the "2019 annual documents") due to logistics caused by the COVID-19 pandemic.
On March 18, 2020, the Canadian Securities Administrators issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings as a result of the COVID-19 pandemic. As such the British Columbia Securities Commission has enacted BC Instrument 51-515, Temporary Exemption from Certain Corporate Finance Requirements. AbraPlata intends to file the 2019 annual documents on or before May 8, 2020, which is approximately five weeks before the extension deadline.
Until such time as the 2019 annual documents are filed, AbraPlata's management and other insiders are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
The Company confirms that since the filing of its interim consolidated financial statements for the period ended September 30, 2019, there have been no material business developments other than those disclosed through news releases.
About AbraPlata
AbraPlata is a mineral exploration company with a diversified portfolio of silver-gold and copper exploration projects in Argentina and Chile. The Company is focused on advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina, which is well-advanced, with more than US$35 million spent historically on exploration with drilling ongoing and an initial open pit PEA completed in 2018. The Company is led by an experienced management team and has long-term supportive shareholders including Altius Minerals and SSR Mining. In addition, AbraPlata owns the Arcas project in Chile where Rio Tinto has an option to earn up to a 75% interest by funding up to US$25 million in exploration. AbraPlata is listed on the TSX-V under the symbol "ABRA".
For further information please visit the AbraPlata Resource website at www.abraplata.com or contact:
John Miniotis, President & CEO
john@abraplata.com
Tel: +1 416-306-8334
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