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TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo project (a copper-gold-iron skarn deposit that offers potential for multi-metal products, namely copper, gold and silver, with by-products magnetite and pyrite), and a 60% interest in Agata Mining Ventures Inc. (nickel/iron DSO mine). Siana is located in Tubod, Surigao del Norte, approximately 35 kilometers from Surigao City and near to Lake Mainit. The Balabag Gold and Silver Mine, which spans a 4,779-hectare Mineral Production Sharing Agreement. The mine is situated within the municipalities of Bayog in Zamboanga del Sur and Diplahan and Kabasalan in Zamboanga Sibugay, Mindanao, Philippines.


TSXV:TVI - Post by User

Post by rockingroosteron Oct 08, 2024 3:27pm
148 Views
Post# 36258292

Wonder who the whistleblower is? Need more information....

Wonder who the whistleblower is? Need more information....
However, there is a “reportable event” with respect to an “unresolved issue” (as such terms are defined in NI 51-102) related to potential whistleblower allegations involving TVI Resource Development (Phils) Inc. (“TVIRD”), the Corporation’s 30.66% subsidiary, and the tailings incident at the Siana Gold Mine owned and operated by Greenstone Resources Corporation, a 100% owned subsidiary TVIRD (see the Corporation’s press release dated May 13, 2024).
The Audit Committee considered and discussed the matter with the Former Auditor, which determined it could have a material impact on the Corporation’s 2024 consolidated financial statements and was unable to reach a conclusion as to the matter’s implications before the date of its resignation.
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