Vancouver, BC, CANADA, September 10, 2020 – CASCADERO COPPER CORPORATION (the "Company") is pleased to announce that Dr. George Gale has been appointed as Chief Executive Officer of the Company effective September 10, 2020, to serve on an interim basis while the Company continues its search for a permanent Chief Executive Officer. Dr. Gale continues to also serve as Chairman of the Board.
In addition, the Company announces that it has today filed on SEDAR its unaudited interim financial statements for the period ended May 31, 2020, the related management's discussion and analysis, and officer certifications (collectively the "Q2 2020 documents"). As previously announced, due to delays caused by COVID-19, the Company had relied on BC Instrument 51-517 – Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 (and similar exemptions provided by other relevant Canadian securities regulators) to delay the filing of its Q2 2020 documents. The exemption had provided the Company with an additional 45 days from the usual 60-day deadline of July 30, 2020 to complete its second quarter statutory filings.
As required by the conditions of the extension, the Company's management and other insiders were subject to a trading black-out that reflected the principles in Section 9 of National Policy 11-207 – Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions, which expired upon filing of the Q2 2020 documents.
For more information, contact:
Director & Interim CFO
Phone: (604) 985-3327
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.