DOT Provides Audit Status Progress
June 13 2014 - 4:37PM
Marketwired
DOT Provides Audit Status Progress
CALGARY, ALBERTA--(Marketwired - Jun 13, 2014) - DOT Resources
Ltd. (TSX-VENTURE:DOT) ("DOT" or the "Corporation") is providing
this bi-weekly Default Status Report (the "Report") in accordance
with National Policy 12-203 - Cease Trade Orders for Continuous
Disclosure Defaults ("NP 12-203"). 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").
This Report confirms that the auditors for DOT are continuing to
work on the audit of the Corporation's 2013 Annual Audited
Financial Statements, and the Corporation still anticipates that
there is adequate time for the auditors to complete the audit and
for these statements to be filed on or before June 30, 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 after filing the 2013 Annual
Audited Financial Statements.
Until the 2013 Annual Audited Financial Statements are filed,
DOT will continue to satisfy the requirements of Section 4.4 of
National Policy 12-203 - Alternative Information Guidelines ("AIG")
by issuing a bi-weekly report in the form of a news release.
Pursuant to the requirements of AIG and subsequent to the
Corporation's news releases of April 11, May 2, May 16 and May 30,
2014, the Corporation reports no material changes to the
information provided therein nor has there been any failure by the
Corporation in fulfilling its stated intentions with respect to
satisfying the AIG. In addition, there has not been any other
specified default by the Corporation under NP 12-203, nor are any
defaults anticipated. There is no other material information
concerning the affairs of the Corporation that has not been
generally disclosed.
ABOUT DOT
DOT is a Canadian corporation focused on exploration and
development of its copper properties in central British Columbia.
DOT shares trades on the TSX Venture Exchange under the symbol DOT.
The Corporation's website can be accessed at
www.dotresourcesltd.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 and social risks. 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.
DOT Resources Ltd.Ihor P. WasylkiwVP & Chief Information
Officer+1 (403) 264-2647DOT Resources Ltd.Donald D. McKechnieVP
Finance & Chief Financial Officer+1 (403) 264-2647
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