PRNewsWire
03 Jul 2026, 01:01 UTC · 3h ago
1911 Gold Issues Clarification of February 2026 PEA Disclosure
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
PRNewsWire
03 Jul 2026, 01:01 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
3 claims · each scored for market impact
The company's current technical report on SEDAR+ does not comply with NI 43-101 standards and should not be relied upon until amended. — The loss of a compliant technical report removes the fundamental regulatory basis for the project's valuation and creates significant uncertainty.
-0.901911 Gold retracts previous claims that the True North Gold Project had demonstrated economic viability or that a production decision had been made. — Correcting the record to show that project viability is only conceptual rather than certain significantly lowers the immediate perceived value of the asset.
-0.70The British Columbia Securities Commission (BCSC) determined that the company's February 2026 disclosure was misleading regarding the certainty of its Preliminary Economic Assessment (PEA). — Regulatory scrutiny and a forced retraction damage management credibility and suggest a failure in internal compliance.
-0.50Continue reading
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The company is retracting previous economic claims and admitting that prior disclosures were misleading and non-compliant with regulatory standards.
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