RegulatoryJun 23, 2026, 03:56 PM
Quartz Mountain Adopts Semi-Annual Financial Reporting
AI Summary
Quartz Mountain Resources Ltd. announced its decision to adopt semi-annual financial reporting, leveraging Coordinated Blanket Order 51-933. This change means the company will no longer file interim financial reports for its first and third fiscal quarters. Instead, it will continue to file audited annual financial statements and six-month interim financial reports. Quartz Mountain confirms it meets the eligibility criteria, including being a venture issuer with annual revenues under $10 million and maintaining a clean continuous disclosure record.
Key Highlights
- Quartz Mountain adopted semi-annual financial reporting (SAR).
- The company will rely on Coordinated Blanket Order 51-933 for this change.
- It will no longer file interim financial reports for its first and third fiscal quarters.
- Audited annual financial statements will continue to be filed within 120 days of July 31.
- Six-month interim financial reports will be filed within 60 days of January 31.
- Quartz Mountain meets eligibility criteria as a venture issuer with annual revenues under $10 million.
- The company also maintains a clean 12-month continuous disclosure record.
Price Impact
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