New Island Resources Inc. Provides Update Regarding Filing of Financial Statements
October 22 2010 - 9:38AM
Marketwired
New Island Resources Inc. ("the Company") (TSX VENTURE: NIS)
announced in its news release dated October 5, 2010 that it had
made application to the Alberta Securities Commission for an
extension for the filing of its annual audited financial statements
for the year ended June 30, 2010. This request was not approved.
In order to be compliant, the Company is endeavouring to meet
the filing deadline of October 28, 2010 for the filing of its
annual audited financial statements for the year ended June 30,
2010 together with the related financial disclosure documents as
required in accordance with Parts 4 and 5 of National Instrument
51-102 and with National Instrument 52-109.
About New Island Resources Inc.
New Island is a diversified junior exploration company holding
gold and base metal properties in the Province of Newfoundland and
Labrador. New Island has entered into an agreement for the sale of
its interest in the gold mine and mill project at Pine Cove in
central Newfoundland. Additional information concerning this sale
and New Island may be obtained on New Island's website at:
www.newislandresources.com or from the System for Electronic
Document Analysis and Retrieval (SEDAR) website at: www.sedar.com
under New Island's profile.
ON BEHALF OF THE BOARD OF DIRECTORS
Harold Wareham, President and CEO
Statements contained in this release that are not historical
facts are forward-looking statements, which involve known and
unknown risks and uncertainties not under the company's control,
which may cause actual results, performance or achievements of the
company to be materially different from the results, performance or
expectations implied by these forward-looking statements.
"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"
Contacts: New Island Resources Inc. Harold Wareham President
(709) 576-7711 info@newislandressources.com
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