Hopefully this doesn’t spill over. David Grondin is a crook and can be trusted.
Nobody has got the guts to say it, but this could spill over anytime. AMF which is equivalent the OSC Ontario securities commission, is on to these crooks. I wouldn't be surprised if this spills over. Since we the shareholders are helpless, hopefully AMF brings these crooks down. By the way, AMR still halted to this day.
MONTREAL, Aug. 03, 2022 (GLOBE NEWSWIRE) -- AM Resources Corporation (“AM” or the “Corporation”) (TSXV: AMR) (Frankfurt: 76A) announces that it has received a cease trader order (“CTO”) from l’Autorit des marchs financiers (“AMF”) as a result of the Corporation's inability to file its audited annual financial statements and corresponding management’s discussion and analysis for the year ended December 31, 2021, including the CEO and CFO certifications, as well as the interim financial statements and corresponding management’s discussion and analysis for the period ended March 31, 2022, including the CEO and CFO certifications (collectively, the “Financial Documents”), by their respective filing deadlines of April 30, 2022 and May 30, 2022 (the “Filing Deadlines”). The order will remain in effect until the Corporation files its Financial Documents.
“This situation is due to several factors that are beyond our control. We are working with our auditors to resolve it as soon as possible and we anticipate that we’ll be able to file the Financial Documents no later than August 19, 2022. Once resolved, we will focus on taking the necessary actions to ensure that this does not happen again,” said David Grondin, President and CEO of AM Resources.
The Corporation will provide updates as further information relating to the Financial Documents becomes available