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Vanguard Mining Corp. Provides Default Status Report
Vancouver, British Columbia — May 28, 2025 — NewsWall — Vanguard Mining Corp. (CSE: UUU) (OTC: RECHF) (Frankfurt: SL5) has issued its bi-weekly default status report, in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). The Company applied for a management cease trade order (“MCTO”) because its audited annual financial statements, accompanying management’s discussion and analysis for the fiscal year ended December 31, 2024, and related Chief Executive Officer and Chief Financial Officer certifications would not be filed by the required deadline of April 30, 2025.
The MCTO was granted on May 7, 2025, restricting the Chief Executive Officer and Chief Financial Officer from trading in the Company’s securities until the Annual Filings are filed and the MCTO is lifted. The MCTO does not affect the ability of other shareholders to trade in the Company’s securities.
The Company and its auditors are working to complete the Annual Filings and Interim Filings, and anticipate filing the Annual Filings on or before June 30, 2025.
Since the date of the Default Announcement: (i) no material changes have occurred that have not been generally disclosed; (ii) the Company has complied with its obligations under NP 12-203; (iii) no defaults by under NP 12-203 have occurred; and (iv) there is no other material information concerning the affairs of the Company that has not been publicly disclosed.
The Company will continue to satisfy the provisions of NP 12-203 for as long as it remains in default of its filing requirements.
David Greenway, CEO
Source: Vanguard Mining Corp.