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Galahad Metals Inc. V.GAX



TSXV:GAX - Post by User

Post by nobsplson Apr 25, 2013 5:33pm
160 Views
Post# 21302463

Cease Trade Order signals the end?

Cease Trade Order signals the end?

This appears on SEDAR today as if it was actually a press release that was distributed.   Odd to have a change of auditor about 3 days before the year end financials are due for filing.  No worries as the "delay will be rectified at the earliest possible date".  Good bye and good luck.

 

Press Release- #13-01 Dated: April 18, 2013

DELAY IN RELEASE OF AUDITED FINANCIAL STATEMENTS

Ottawa, Ontario – – Dateline April 25, 2013 GALAHAD METALS INC. (TSXV - "GAX") announces that it anticipates a delay in the finalization and filing of its annual audited financial statements for the year ending December 31, 2012, due to a change of auditors and the subsequent issues relating to obtaining all information required to complete the financial statements. This delay will be rectified at the earliest possible date, and the Company anticipates finalization and filing of the audited financial statements together with the MD&A and Certificates of the officers no later than May 31, 2013.

Pursuant to section 4.7 of NP 12-203, the Company has submitted an application to the appropriate jurisdictions for a Management Cease Trade Order.

On behalf of the Board of Directors of Galahad Metals Inc.

"Robin Dow"

Robin Dow, CEO

For further information, please go to www.galahadmetals.com or contact:

 

Robin Dow, Chairman, C.E.O 1-888-834-7708 Email: robin@dowgroup.ca

In Vancouver:

Wayne Meredith

1-604-569-2509

1-855-569-2509

wayne@dowgroup.ca

This Press Release may contain forward looking statements that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company’s expectations and projections. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Press Release.

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