PJX Resources Adopting Semi-Annual Financial Reporting ("SAR")

Executive Summary

• PJX Resources Inc. is transitioning from quarterly to semi-annual financial reporting under the provisions of Coordinated Blanket Order 51-933.
• The change is intended to reduce the administrative and financial burdens associated with quarterly reporting.
• Under this new schedule, the Company will no longer file interim financial reports or MD&A for the first and third quarters.

Key Details

• Regulatory Basis: Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).
• Eligibility Criteria Met: The Company is a listed venture issuer with annual revenues under $10 million, a disclosure record exceeding 12 months, and a history of timely continuous disclosure.
• Reporting Schedule Changes:
  • No filings for Q1: The Company will not file interim financial statements or MD&A for the period ending March 31, 2026.
  • No filings for Q3: The Company will not file interim financial statements or MD&A for the period ending September 30, 2026 (or subsequent first/third quarters while eligible).
• Ongoing Filing Obligations:
  • Annual Reports: Audited annual financial statements and MD&A are due within 120 days of the December 31 fiscal year-end.
  • Semi-Annual Reports: Six-month interim financial statements and MD&A are due within 60 days of June 30.