on BULGOLD Inc. (CVE:ZLTO)
BULGOLD Transitions to Semi-Annual Financial Reporting
BULGOLD Inc. has announced its shift to semi-annual financial reporting as part of the SAR Pilot Program, easing the burdens of quarterly reporting. This decision aligns with the exemptions under Coordinated Blanket Order 51-933, facilitating eligible venture issuers like BULGOLD to opt for less frequent financial statements.
With its fiscal year ending on December 31, BULGOLD will leap past interim reports for its first and third quarters but will continue delivering audited annual and six-month interim reports. The company met the SAR eligibility, having under $10 million in annual revenue and a clean reporting record.
BULGOLD reinforces its dedication to transparency, committing to disclose material changes in compliance with TSXV policies and National Instrument 51-102.
R. P.
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