{"id":416102,"date":"2021-01-15T23:35:38","date_gmt":"2021-01-16T04:35:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=416102"},"modified":"2021-01-15T23:35:38","modified_gmt":"2021-01-16T04:35:38","slug":"notice-of-default-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/notice-of-default-update\/","title":{"rendered":"Notice of Default Update"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Jan.  15, 2021  (GLOBE NEWSWIRE) &#8212; MOJAVE GOLD CORP. (CSE: MOJ) did not file its annual financial statements and management\u2019s discussion &amp; analysis for the fiscal year ended August 31, 2020, by the filing deadline of December 29, 2020, and as a result is in default of its obligations under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations.<\/p>\n<p align=\"justify\">The Company has requested from the applicable Canadian securities regulators that a management cease trade order related to the Company&#8217;s securities be imposed against some or all of the persons who have been directors, officers or insiders of the Company. A Management Cease Trade Order was issued on December 30, 2020. This order does not generally affect the ability of persons who have not been directors, officers or insiders of the Company to trade the Company&#8217;s securities.<\/p>\n<p align=\"justify\">The Company intends to satisfy the alternative information guidelines set out National Policy 12 \u2013 203 Cease Trade Orders for Continuous Disclosure Default by filing bi-weekly Default Status Reports, as required, until such time as the financial statements and MD&amp;A are filed.<\/p>\n<p align=\"justify\">The Company advises that there are no material changes to the information contained in the default announcement or particulars of the failure, and there is no material information concerning the affairs of the Company that has not been generally disclosed. The Company does not anticipate any subsequent defaults under National Instrument 51-102 Continuous Disclosure Obligations.<\/p>\n<p align=\"justify\">For further information, contact Greg Bronson at grbronson@gmail.com.<\/p>\n<p align=\"justify\">On behalf of the Board, Greg Bronson, <br \/>CEO &amp; Director<\/p>\n<p align=\"justify\">This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are \u201cforward-looking statements.\u201d Forward-looking statements can be identified by the use of words such as \u201cplans\u201d, \u201cexpects\u201d or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201canticipates\u201d or \u201cdoes not anticipate\u201d, or \u201cbelieves\u201d, or variations of such words and phrases or statements that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill\u201d be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements.<\/p>\n<p align=\"justify\">THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNjk0OCMzOTIyMDE2IzUwMDA2NTU1MQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/592a6ee2-2752-4cd2-9e1a-28129316a841\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) &#8212; MOJAVE GOLD CORP. (CSE: MOJ) did not file its annual financial statements and management\u2019s discussion &amp; analysis for the fiscal year ended August 31, 2020, by the filing deadline of December 29, 2020, and as a result is in default of its obligations under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations. The Company has requested from the applicable Canadian securities regulators that a management cease trade order related to the Company&#8217;s securities be imposed against some or all of the persons who have been directors, officers or insiders of the Company. A Management Cease Trade Order was issued on December 30, 2020. This order does not generally affect the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/notice-of-default-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Notice of Default Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-416102","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Notice of Default Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/notice-of-default-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Notice of Default Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) &#8212; MOJAVE GOLD CORP. (CSE: MOJ) did not file its annual financial statements and management\u2019s discussion &amp; analysis for the fiscal year ended August 31, 2020, by the filing deadline of December 29, 2020, and as a result is in default of its obligations under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations. The Company has requested from the applicable Canadian securities regulators that a management cease trade order related to the Company&#8217;s securities be imposed against some or all of the persons who have been directors, officers or insiders of the Company. A Management Cease Trade Order was issued on December 30, 2020. 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