Green River Gold Corp. Provides Bi-Weekly Status Report: Awaiting Financial Filings

Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has provided a bi-weekly default status report regarding its Management Cease Trade Order (MCTO) granted by the Alberta Securities Commission on February 6, 2025. The company was unable to file its annual financial statements, CEO and CFO certifications, and management discussion & analysis for the year ended September 30, 2024, by the January 28, 2025 deadline. This delay has raised concerns among investors and stakeholders, as the company's financial health and future prospects remain uncertain.

The MCTO prevents the company's directors, officers, and insiders from trading the company's securities until the Annual Filings have been made. This restriction can negatively impact the company's ability to raise capital through equity financing, as potential investors may be hesitant to invest in a company with a trading restriction on its securities. However, the company has confirmed that it is working diligently with its auditors to complete the audit of the financial statements and expects to file the Annual Filings on or before the stipulated deadline of March 28, 2025.

Green River Gold Corp. is focused on mineral exploration and development projects in British Columbia, with a particular emphasis on the Quesnel Nickel/Magnesium/Talc Project, the Fontaine Gold Project, and the Kymar Silver Project. The company's success in these projects is likely to be influenced by the current market conditions and regulatory environment in the mining sector. The demand for these minerals, as well as their respective prices, can significantly impact the feasibility and profitability of Green River Gold Corp.'s projects. Additionally, the regulatory environment can impact the company's ability to obtain necessary permits, licenses, and approvals for its projects, as well as its ability to raise capital.

In conclusion, Green River Gold Corp.'s delay in filing its annual financial statements has raised concerns among investors and stakeholders. The company's ability to raise capital and attract investors may be negatively impacted by the MCTO, which prevents directors, officers, and insiders from trading the company's securities. However, the company has confirmed that it is working diligently to complete the audit of the financial statements and expects to file the Annual Filings on or before the stipulated deadline of March 28, 2025. The company's success in its mineral exploration and development projects in British Columbia will be influenced by the current market conditions and regulatory environment in the mining sector. As the company works to resolve the issues surrounding the MCTO, investors and stakeholders will be watching closely to see how the situation unfolds and what impact it has on the company's future prospects.