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Jasper Mining Corp. Provides Update on Timing of Release of Year End Results

29.04.2020  |  Newsfile
Calgary, April 29, 2020 - Jasper Mining Corp. (NEX: JSP.H) ("Jasper" or the "Company") announces that due to logistics and delays caused by the COVID-19 virus, it is relying on ‎the exemption ‎provided in Alberta Blanket Order 51-517 Temporary Exemption from Certain ‎Corporate Finance Requirements (the "Alberta Order") of the Alberta Securities Commission (and ‎similar exemptions ‎provided by the other securities commissions to postpone he filing of the ‎‎following continuous disclosure documents (collectively the "Documents"): ‎

  • the Company's Annual Audited Financial Statements for the year ended December ‎‎31, 2019, as ‎required by section 4.2 of National Instrument 51-102 - Continuous Disclosure ‎Obligations ‎‎("NI 51-102");‎ and

  • the Company's Management Discussion & Analysis for the year ended December ‎‎31, 2019, as ‎required by section 5.1(2) of NI 51-102;

According to the Alberta Order during the period from March 23, 2020 to June 1, 2020, a person or ‎‎company required to make certain filings as described in the Alberta Order has an additional 45 ‎‎days from the deadline otherwise applicable under Alberta securities laws to make the filing. Jasper expects to file the Documents by no later than May 31, 2020.‎

Until the ‎Company has filed the Documents, members of the Company's management and other ‎insiders are subject to an insider trading black-out period as per its internal Insider Trading Policy ‎that is consistent with the principles in Section 9 of National Policy 11-207 - Failure-to-File ‎Cease ‎Trade Orders and Revocations in Multiple Jurisdictions. Until the ‎Company has filed the required ‎Documents, members of the Company's management and other insiders will ‎observe a trading ‎blackout consistent with the principles in Section 9 of National Policy 11-207 - Failure-‎to-File ‎‎Cease Trade Orders and Revocations in Multiple Jurisdictions.‎

‎For further information:

Jasper is a Canadian company focusing on the exploration and development of its mining proprieties in interior British Columbia. For further information, please see Jasper's website at: www.jaspermining.com .

For further information, please contact Gordon F. Dixon, Q.C., President, Jasper Mining Corp.. Telephone, +1 (403)-297-9483, email: gdixon43@outlook.com

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States unless an exemption from such registration is available.

Cautionary Note

Neither the 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.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

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Jasper Mining Corp.
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