VANCOUVER, British Columbia, March 26, 2019 (GLOBE NEWSWIRE) -- Esrey Resources Ltd. (“Esrey” or the “Company”)
(TSXV: ESR) is providing this second bi-weekly default status report in accordance with National Policy 12-203
Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). In its initial default announcement of January 29, 2018 (the
“Default Notice”), the Company announced that it would not be filing its annual audited financial statements for the year ended
September 30, 2018, management’s discussion and analysis and related CEO and CFO certifications (collectively the “Required
Documents”) before the prescribed deadline of January 28, 2019. The Company subsequently provided bi-weekly default status reports
on February 12, 2019, February 26, 2019 and March 12, 2019. Further to the foregoing, the Company also has not filed its
interim financial statements for the three months ended December 31, 2018 before the prescribed deadline of March 1, 2019.
As previously announced, pursuant to the MCTO, the Chief Executive Officer and the Chief Financial Officer may
not trade in securities of the Company until such time as the Company files the Required Documents and the Executive Director of
the BCSC revokes the MCTO. The MCTO does not affect the ability of shareholders to trade their securities.
The Company’s Board of Directors and management confirm that they are working expeditiously to file the Required
Documents and confirm that since the Company’s press releases dated January 29, 2019, February 12, 2019, February 26, 2019 and
March 12, 2019, there is no other material information respecting the Company’s affairs that has not been generally disclosed.
Until the Required Documents have been filed, the Company intends to continue to satisfy the provisions of the
alternative information guidelines specified in NP 12-203 by issuing bi-weekly default status reports in the form of further press
releases for so long as the Company remains in default of the financial statement filing requirement.
On behalf of the Board of Directors,
David Cohen
Chairman
For more information, please contact:
Investor Relations: 1-778-373-0103
Email: info@esreyresources.com
Neither 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 release.
