Latest news with #financialstatements
Associated Press
17 hours ago
- Business
- Associated Press
Gold Mountain Provides Update Respecting Late Filing of Annual Financial Statements
VANCOUVER, BC / ACCESS Newswire / July 30, 2025 / Gold Mountain Mining Corp. ('Gold Mountain' or the 'Company') (TSX:GMTN)(OTCQB:GMTNF)(FRA:5XFA) is pleased to provide an update with respect to the previously announced management cease trade order (the 'MCTO') issued by the British Columbia Securities Commission on July 2, 2025. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements for the financial year ended March 31, 2025 (the 'Financial Statements') and its management's discussion and analysis, CEO and CFO filing certificates and annual information form relating to the Financial Statements (collectively, the 'Required Filings') before the prescribed filing deadline of June 30, 2025 (the 'Filing Deadline'). The Company previously announced that it expected to file the Required Filings by July 30, 2025. However, while the Company and the auditor continue to make progress, the Required Filings will not be filed by that date. The Company continues to work closely with its auditor and anticipates filing the Required Filings on or before August 13, 2025. The Company is providing this status update in accordance with National Policy 12-203 Management Cease Trade Orders ('NP 12-203"). The Company intends to follow the provisions of the Alternative Information Guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases, for as long as the Company remains in default. The Company confirms as of the date of this news release that there has been no material change in the information contained in the default announcement issued on July 2, 2025, and there is no other material information concerning the affairs of the Company that has not been generally disclosed. About Gold Mountain Gold Mountain is a British Columbia based gold and silver production, exploration and development company focused on the development of the Elk Gold Mine, a producing mine located 57 kilometers from Merritt in South Central British Columbia. Additional information is available at or on the Company's website at For more information, please contact: Gold Mountain Mining Corp. Email: [email protected] Website: The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release. Forward Looking Statements Forward-looking statements in this news release may include, but are not limited to, statements relating to those in respect of the Company's future financial reporting. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. The forward-looking statements contained in this news release are made as of the date hereof, and except as may be required by applicable securities laws, the Company assumes no obligation or intent to update publicly or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise. SOURCE: Gold Mountain Mining Corp press release
Associated Press
17 hours ago
- Business
- Associated Press
Nepra Foods Announces Delay in Filing Annual Financial Statements
VANCOUVER, BC / ACCESS Newswire / July 30, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ('Nepra Foods' or the 'Company'), wishes to announce that its annual financial statements for the year ended March 31, 2025, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the 'Annual Filings'), has not been filed as required under Canadian securities legislation by the required filing deadline of July 29, 2025 (the 'Filing Deadline'). The Company's auditors require additional time to complete their audit and, as a result, the Annual Filings were not filed before the Filing Deadline. The Company is working diligently with its accounting staff and external auditors to file the Annual Filings as soon as practicable and currently expects to be able to file the Annual Filings on or before August 29, 2025. The Company has applied to the applicable Canadian securities regulatory authorities and received a management cease trade order related to the Company's securities to be imposed against the Chief Executive Officer and Chief Financial Officer of the Company to trade securities of the Company. The management cease trade order will be in effect until the Annual Filings are filed and requires that the Annual Financial Filings be filed on or before September 29, 2025. Until the Annual Filings are filed, the Company intends to provide information in accordance with National Policy 12-203 Management Cease Trade Orders for as long as the Annual Filings remain outstanding, including the issuance of bi-weekly default status reports in the form of a news release, if applicable. About Nepra Foods Inc. Nepra Foods is a specialty food company focused on innovative and proprietary allergen and gluten-free food ingredient technologies. The company supports food manufacturers globally with formulations, ingredients and technical support for the production of the next generation of healthy, nutritious foods. For more information on the company, visit ON BEHALF OF THE BOARD OF DIRECTORS William Hogan, CEO & Director [email protected] 844-566-1917 The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains statements and information that, to the extent that they are not historical fact, constitute 'forward-looking information' within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company's financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at ). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws. SOURCE: Nepra Foods press release
National Post
a day ago
- Business
- National Post
Venzee Technologies Inc. Announces Fiscal 2025 Year End Results and Proposed Extension of Debenture Maturity Dates
Article content VANCOUVER, British Columbia — Venzee Technologies Inc. (TSXV: VENZ) (' Venzee or the ' Company ') today announces the release of its audited financial statements for the year ended March 31, 2025 as well as its MD&A for the year. The financial statements and MD&A can be accessed at Within the MD&A, the Company has provided its operational highlights and outlook for the future, as well as the Risk Factors and Uncertainties for the business. The Company urges its shareholders to review the MD&A in its entirety. Article content Venzee also announces that it intends to seek the approval of the holders of certain of its previously issued Debentures (as defined below) to extend the maturity dates of the Debentures for an additional six months. Article content Article content Venzee previously issued an aggregate of $275,000 in principal amount of convertible debentures as follows: (i) an aggregate of $175,000 in principal amount of convertible debentures were issued on July 25, 2022 with a July 25, 2025 maturity date (the ' July 25 Debentures '), (ii) an aggregate of $50,000 in principal amount of convertible debentures were issued on July 29, 2022 with a July 29, 2025 maturity date (the ' July 29 Debentures '), and (iii) an aggregate of $50,000 in principal amount of convertible debentures were issued on August 30, 2022 with a August 30, 2025 maturity date (the ' August 30 Debentures ' and, together with the July 29 Debentures and the August 30 Debentures, the ' Debentures '). The Debentures are convertible into common shares of Venzee (' Common Shares ') at the option of the holders at a conversion price equal to $0.50 per Common Share at any time prior to the Debentures' respective maturity date (the ' Maturity Dates '). Pursuant to the terms of the Debentures, Venzee may, upon the consent of the holders and the approval of the TSX Venture Exchange (' TSXV '), amend any terms of the Debentures, including the Maturity Dates. Article content Venzee intends to seek the approval of the holders of the Debentures, as well as the approval of the TSX Venture Exchange (' TSXV '), to extend the Maturity Dates of the Debentures, being July 25, 2025, July 29, 2025 and August 30, 2025, in each case for an additional six months such that each of the July 25 Debentures, July 29 Debentures and August 30 Debentures would, upon receipt of the requisite approvals, mature on each of January 25, 2026, January 29, 2026 and February 28, 2026, respectively. No other terms or provisions of the Debentures are expected to be amended and, per the terms of the Debentures, interest will continue to be incurred and will become due and payable in accordance with the terms of the Debentures. The proposed amendments remain subject to the approval of the TSXV. Venzee cautions that there is no assurance that it will be successful in extending the Maturity Dates of the Debentures. Article content As referenced under the heading 'Risk Factors and Uncertainties' in the MD&A, under the terms of the Software Right of Use Agreement dated May 14, 2024 between Digital Commerce Payments Inc. ('DCP') and the Company, DCP has the right to immediately terminate the software license under such agreement if, among other things, Venzee becomes insolvent or is generally unable to pay, or fails to pay, its debts as they become due. In the event that DCP exercises this right to terminate the software license, the Company would be left without any means of producing future revenue. Article content About Venzee Technologies, Inc. Article content Venzee unlocks shareholder value by carrying out its mission to create intelligent technology that removes friction from the global supply chain. Its Mesh Connector™ product disrupts and displaces inefficient manual processes in favor of integrated, machine-driven solutions. Article content This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking information in this press release includes, but is not limited to statements with respect to Venzee's intention to seek the extension to the Maturity Dates and the consent of the holders and the TSXV, as well as Venzee's ability to obtain such consents and the completion of the proposed amendments. Article content Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Venzee to be materially different from those expressed or implied by such forward-looking information. Additional information about assumptions and risks and uncertainties is contained under 'Risk Factors and Uncertainties' in Venzee's management's discussion and analysis for the financial year ended March 31, 2024, which is available under Venzee's SEDAR+ profile at and in other filings that Venzee has made and may make with applicable securities authorities in the future. Article content Although Venzee has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. Venzee does not undertake to update any forward-looking information, except as required by applicable securities laws. Article content Article content Article content Article content Contacts Article content For further information, please contact: Article content Article content Peter Montross Article content Article content Article content Article content
Globe and Mail
a day ago
- Business
- Globe and Mail
Venzee Technologies Inc. Announces Fiscal 2025 Year End Results and Proposed Extension of Debenture Maturity Dates
Venzee Technologies Inc. (TSXV: VENZ) (' Venzee or the ' Company ') today announces the release of its audited financial statements for the year ended March 31, 2025 as well as its MD&A for the year. The financial statements and MD&A can be accessed at Within the MD&A, the Company has provided its operational highlights and outlook for the future, as well as the Risk Factors and Uncertainties for the business. The Company urges its shareholders to review the MD&A in its entirety. Venzee also announces that it intends to seek the approval of the holders of certain of its previously issued Debentures (as defined below) to extend the maturity dates of the Debentures for an additional six months. Venzee previously issued an aggregate of $275,000 in principal amount of convertible debentures as follows: (i) an aggregate of $175,000 in principal amount of convertible debentures were issued on July 25, 2022 with a July 25, 2025 maturity date (the ' July 25 Debentures '), (ii) an aggregate of $50,000 in principal amount of convertible debentures were issued on July 29, 2022 with a July 29, 2025 maturity date (the ' July 29 Debentures '), and (iii) an aggregate of $50,000 in principal amount of convertible debentures were issued on August 30, 2022 with a August 30, 2025 maturity date (the ' August 30 Debentures ' and, together with the July 29 Debentures and the August 30 Debentures, the ' Debentures '). The Debentures are convertible into common shares of Venzee (' Common Shares ') at the option of the holders at a conversion price equal to $0.50 per Common Share at any time prior to the Debentures' respective maturity date (the ' Maturity Dates '). Pursuant to the terms of the Debentures, Venzee may, upon the consent of the holders and the approval of the TSX Venture Exchange (' TSXV '), amend any terms of the Debentures, including the Maturity Dates. Venzee intends to seek the approval of the holders of the Debentures, as well as the approval of the TSX Venture Exchange (' TSXV '), to extend the Maturity Dates of the Debentures, being July 25, 2025, July 29, 2025 and August 30, 2025, in each case for an additional six months such that each of the July 25 Debentures, July 29 Debentures and August 30 Debentures would, upon receipt of the requisite approvals, mature on each of January 25, 2026, January 29, 2026 and February 28, 2026, respectively. No other terms or provisions of the Debentures are expected to be amended and, per the terms of the Debentures, interest will continue to be incurred and will become due and payable in accordance with the terms of the Debentures. The proposed amendments remain subject to the approval of the TSXV. Venzee cautions that there is no assurance that it will be successful in extending the Maturity Dates of the Debentures. As referenced under the heading 'Risk Factors and Uncertainties' in the MD&A, under the terms of the Software Right of Use Agreement dated May 14, 2024 between Digital Commerce Payments Inc. ('DCP') and the Company, DCP has the right to immediately terminate the software license under such agreement if, among other things, Venzee becomes insolvent or is generally unable to pay, or fails to pay, its debts as they become due. In the event that DCP exercises this right to terminate the software license, the Company would be left without any means of producing future revenue. About Venzee Technologies, Inc. Venzee unlocks shareholder value by carrying out its mission to create intelligent technology that removes friction from the global supply chain. Its Mesh Connector™ product disrupts and displaces inefficient manual processes in favor of integrated, machine-driven solutions. To learn more about the Venzee platform, visit Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information in this press release includes, but is not limited to statements with respect to Venzee's intention to seek the extension to the Maturity Dates and the consent of the holders and the TSXV, as well as Venzee's ability to obtain such consents and the completion of the proposed amendments. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Venzee to be materially different from those expressed or implied by such forward-looking information. Additional information about assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in Venzee's management's discussion and analysis for the financial year ended March 31, 2024, which is available under Venzee's SEDAR+ profile at and in other filings that Venzee has made and may make with applicable securities authorities in the future. Although Venzee has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. Venzee does not undertake to update any forward-looking information, except as required by applicable securities laws.
Zawya
a day ago
- Business
- Zawya
Saudi: SHL Finance's profits exceed $6.93mln in H1-25
Riyadh – SHL Finance Company generated SAR 26.01 million in net profit during the first half (H1) of 2025, marking a 144.19% year-on-year (YoY) leap from SAR 10.65 million. The assets increased by 4.61% to SAR 4.65 billion in H1-25 from SAR 4.45 billion a year earlier, according to the financial statements. Earnings per share (EPS) reached SAR 0.26 as of 30 June 2025, higher than SAR 0.10 in H1-24. Financials for Q2-25 In the second quarter (Q2) of 2025, the Saudi company achieved net profits valued at SAR 11.92 million, an annual hike of 97.48% from SAR 6.04 million. Quarterly, the Q2-25 net profits dropped by 15.32% from SAR 14.08 million in Q1-25. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
