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Bullboard - Stock Discussion Forum Garibaldi Resources Corp V.GGI

Alternate Symbol(s):  GGIFF

Garibaldi Resources Corp. is a Canada-based junior exploration company. The Company is focused on creating shareholder value through discovery and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico. Its E&L Nickel Mountain nickel-copper-rich massive sulfide discovery, approximately 18 (km) southwest of the famous Eskay Creek mine... see more

TSXV:GGI - Post Discussion

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Post by knoxt on Oct 13, 2021 8:21am

more news

 
Garibaldi Resources Completes Review of Disclosure Compliance Lapses

 

13 Oct 202108:15 ET  

 

08:15 AM EDT, 10/13/2021 (MT Newswires) -- Garibaldi Resources (GGI.V) earlier Wednesday said it completed a mining disclosure review requested by the British Columbia Securities Commission to address potential red flags in the company's compliance with mining disclosure standards.

The company found that Jeremy Hanson, which became its vice president of exploration and qualified person for disclosures in 2019, does not yet have the required years of experience to meet the interpreted definition of a qualified person under Canadian mining disclosure rules.

Garibaldi tapped James Hutter, who has been working independently with the company since 2017, to act as a qualified person and approve all disclosures that had been previously signed off by Hanson between February 2019 and September this year.

Garibaldi explained that it "misunderstood" the wording regarding the necessary years of experience to be considered as a qualified person under the disclosure rules.

 
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