PJX Resources Adopts Semi-Annual Financial Reporting

PJX Resources Inc. announced its transition to semi-annual financial reporting under the Coordinated Blanket Order 51-933. This order permits certain venture issuers to move from quarterly to semi-annual reporting, aiming to alleviate administrative burdens.

The company meets the necessary criteria as a venture issuer with listed shares, annual revenues under $10 million, a disclosure record over 12 months, and compliance with continuous disclosure requirements. Consequently, PJX will not file interim financial reports or MD&A for its first and third quarters, maintaining a focus on annual and six-month financial disclosures.

PJX affirms its commitment to timely and complete material disclosures per regulatory obligations. The fiscal year for PJX ends on December 31st, with annual financials due within 120 days, and interim reports within 60 days post-June 30th.