Le Lézard
Classified in: Mining industry, Business
Subject: ERN

Fiddlehead Files Amended and Restated Interim Financial Statements


/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB, Aug. 2, 2024 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead" or the "Company") announces that it has filed amended and restated interim financial statements and corresponding amended and restated management's discussion and analysis for the three month period ended March 31, 2024 (the "Amended Financial Statements") to correct certain errors identified during a review by the Company's accountants.

The Amended Financial Statements have been restated to disclose the correct weighted average number of common shares of the Company on a basic and diluted basis from 10,551,815 to 13,841,757, amend the years listed in the management's discussion and analysis and correct the comparative financial information for the three months ended March 31, 2023. The impact of the changes to the comparative information in the statement of cash flows within the Amended Financial Statements is highlighted in the table below:


For the three months ended


March 31, 2023


As Restated 

As previously Reported 

OPERATING ACTIVITIES

$

$

Net Loss

(1,779)

(32,275)




Items not affecting cash:



   Share-based payments

-

-

Changes in non-cash working capital balances



   Trade and other receivables

-

5,390

   Accounts payable and accrued liabilities

(12,029)

659

Cash flow used in operating activities

(13,808)

(26,226)




Change in cash during the period

(13,808)

(26,226)

Cash, beginning of the period

29,828

56,054

Cash, end of the period

16,020

29,828

The Amended Financial Statements are available under the Company's profile on SEDAR+ at www.sedarplus.ca. Each of the Amended Financial Statements replace and supersede the respective previously filed original financial statements and corresponding management's discussion and analysis. Such previously filed original financial statements and management's discussion and analyses should be disregarded.

SOURCE Fiddlehead Resources Corp.


These press releases may also interest you

at 10:41
In his 2023-2024 Annual Report, Ombudsperson Marc-André Dowd presents various breaches of integrity by Québec's public bodies, mainly irregularities concerning remuneration, hiring, staff management, contract awarding, and expenses. Further to...

at 10:40
Experian's latest research, conducted by Forrester Consulting, delves into the strategies of senior decision-makers in the financial services and telco sectors across EMEA and APAC. The survey of over 1200 C-suite and Director level leaders in...

at 10:35
The Board of Directors of Onex Corporation today declared a third-quarter dividend of C$0.10 per Subordinate Voting Share payable on October 31, 2024 to shareholders of record on October 10, 2024. About OnexOnex invests and manages capital on...

at 10:30
Today, one of the world's largest, most respected electric vehicle (EV) charger brands celebrated the opening of its U.S. headquarters in Charlotte, jumpstarting the company's expansion across North America. The move is a part of Alpitronic's efforts...

at 10:30
AVVA Mobility, a Dallas-based automotive technology innovator, today unveiled its platform set to transform how everyday Americans access vehicles. Born from the success of its consumer-facing service, AVVA Mobility is now extending its reach to...

at 10:28
The Conference Board, a leading non-profit think tank and business membership organization, is proud to announce that it has been recognized by Crain's New York Business as one of the 100 Best Places to Work in New York City....



News published on and distributed by: