Orestone Mining Adopts Semi-Annual Financial Reporting

Orestone Mining Corp. transitions to semi-annual financial reporting

Orestone Mining Corp. has announced its decision to adopt a semi-annual financial reporting framework, a move permitted under Coordinated Blanket Order 51-933 for eligible venture issuers. The company's fiscal year ends on January 31, and under this change, it will be excused from filing interim financial reports and related Management's Discussion & Analysis (MD&A) for its first and third fiscal quarters.

The specific periods exempted from interim reporting are the first quarter, ending April 30, and the third quarter, ending October 31. Orestone will continue to file its audited annual financial statements within 120 days of its January 31 fiscal year-end, and a six-month interim financial report within 60 days of July 31.

The company confirmed it meets the pilot program's eligibility criteria. These include being a TSX Venture Exchange listed venture issuer with annual revenues below $10 million and maintaining a clean 12-month continuous disclosure record. The move aims to streamline reporting obligations for the company.

Orestone Mining Corp. maintains a portfolio of gold, silver, and copper projects in Canada and Argentina. Its near-term objective involves defining an oxide gold deposit mineable by open-pit methods at the Francisca Gold Project in Argentina. The Captain Gold-Copper Project in British Columbia, Canada, is noted for its large gold-dominant porphyry system.