Republic Goldfields Inc.

November 03, 2011 12:54 ET

Republic Announces Full Revocation of Cease Trade Order in Quebec

TORONTO, ONTARIO--(Marketwire - Nov. 3, 2011) - Republic Goldfields Inc. (the "Corporation") announced today that the Autorité des Marchés Financiers (the "AMF") has granted a full revocation (the "Revocation Order") of the cease trade order issued by the AMF on May 30, 2005. The cease trade orders of the British Columbia Securities Commission and the Alberta Securities Commission, which were issued following the issuance of the cease trade order by the AMF, are also expected to be revoked shortly.

The cease trade order had been imposed by the AMF due to the failure of Corporation to file its audited financial statements and related management's discussion and analysis for the year ended December 31, 2004 within the time required by applicable securities laws.

Save for certain historical continuous disclosure materials the Corporation has been exempted from filing pursuant to the Revocation Order, the Corporation has filed all continuous disclosure materials required to be filed pursuant to National Instrument 51-102. These materials are available under the Corporation's SEDAR profile at

This press release contains "forward-looking" information. All statements, other than statements of historical fact, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future constitute forward-looking information. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information contained in this press release includes, but may not be limited to, the Corporation's expectation with respect to obtaining a full revocation of the cease trade orders issued by each of the British Columbia Securities Commission and the Alberta Securities Commission. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Corporation's inability to obtain full revocations of the cease trade orders issued by the British Columbia Securities Commission or the Alberta Securities Commission. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this press release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Contact Information

  • Republic Goldfields Inc.
    Donald Empey
    (416) 977-4653