Alhambra Resources Ltd. Prepares to File Year 2013 and First Quarter 2014 Financial Results
June 27 2014 - 6:13PM
Marketwired
Alhambra Resources Ltd. Prepares to File Year 2013 and First
Quarter 2014 Financial Results
CALGARY, ALBERTA--(Marketwired - Jun 27, 2014) - Alhambra
Resources Ltd. (TSX-VENTURE:ALH) ("Alhambra" or the "Corporation")
reports that the auditors for Alhambra continue to work on the
audit of the Corporation's 2013 Annual Audited Financial
Statements, and the Corporation continues to believe that it will
be able to file these statements on SEDAR on or before July 2,
2014.
In addition, the Corporation is completing its Interim Financial
Statements and MD&A for the three months ended March 31, 2014
and anticipates filing these documents on SEDAR (www.sedar.com)
after filing the 2013 Annual Audited Financial Statements.
On April 11, 2014, the Corporation announced (the "Default
Notice") that it expected a delay in filing its 2013 annual audited
financial statements, management's discussion and analysis and CEO
and CFO certificates (collectively, the "2013 Annual Audited
Financial Statements"). The Corporation is providing this bi-weekly
Default Status Report in accordance with National Policy 12-203 -
Cease Trade Orders for Continuous Disclosure Defaults ("NP
12-203").
Once Alhambra completes these filings, the Corporation will have
satisfied its financial filing requirements, and will no longer be
issuing any further bi-weekly Default Status Reports under Section
4.4 of National Policy 12-203 - Alternative Information Guidelines
("AIG").
ABOUT ALHAMBRA
Alhambra is a Canadian based international exploration and
production corporation in Kazakhstan.
Alhambra common shares trade in Canada on The TSX Venture
Exchange under the symbol ALH, in the United States on the
Over-The-Counter Pink Sheets Market under the symbol AHBRF and in
Germany on the Frankfurt Open Market under the symbol A4Y. The
Corporation's website can be accessed at
www.alhambraresources.com.
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.
Forward-Looking Statements
Certain statements contained in this release constitute
"forward-looking statements". These statements relate to future
events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on the Corporation's current belief or
assumptions as to the outcome and timing of such future events.
Actual future results may differ materially. In particular, this
release contains forward-looking statements relating to the audit
and filing of the 2013 Annual Audited Financial Statements and the
filing of the Interim Financial Statements and MD&A for the
three months ended March 31, 2014. Various assumptions or factors
are typically applied in drawing conclusions or making the
forecasts or projections set out in forward-looking statements.
Those assumptions and factors are based on information currently
available to the Corporation. The material factors and assumptions
with respect to the audit and filing of the 2013 Annual Audited
Financial Statements include the auditors not encountering anything
out of the ordinary that would cause the auditors not to be able to
complete the audit as anticipated. Risk Factors that could cause
actual results or outcomes to differ materially from the results
expressed or implied by forward-looking statements include, among
other things: general economic and business conditions, and
political, social and other risks inherent in carrying on business
in a foreign jurisdiction. Forward-looking statements contained in
this release are made based on Management's beliefs, estimates and
opinions on the date the statements are made and the Corporation
undertakes no obligation to update forward-looking statements and
if these beliefs, estimates and opinions or other circumstances
should change, except as required by applicable law. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking statements. The
forward-looking statements contained herein are expressly qualified
by this cautionary statement.
Alhambra Resources Ltd.Ihor P. WasylkiwVP & Chief
Information Officer+1 (403) 508-4953Alhambra Resources Ltd.Donald
D. McKechnieVP Finance and Chief Financial Officer+ 1 (403)
228-2855www.alhambraresources.com
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