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Earthworks Industries files 2025 financial statements
Earthworks Files 2025 Annuals Amid Active MCTO; Liquidity Crisis and Unproven Pivot Keep Risk Premium Elevated

Executive Summary
- Earthworks Industries Inc. filed its audited financial statements and annual MD&A for the fiscal year ended November 30, 2025.
- The filing was submitted on June 2, 2026, following a regulatory extension granted by the British Columbia Securities Commission (BCSC) until June 3, 2026.
- A Management Cease Trade Order (MCTO) remains in effect until the company completes and files its first quarter 2026 reports.
- The company will continue to provide biweekly updates in accordance with National Instrument 12-203 until the MCTO is lifted.
- CEO and CFO certifications were provided under National Instrument 52-109.
Material Impact
- The filing resolves the immediate regulatory default but does not alter the company's fundamental financial distress.
- The active MCTO continues to restrict management trading and signals ongoing regulatory scrutiny over disclosure compliance.
- No material operational or financial improvements are disclosed; the company remains in a pre-revenue, pre-commercialization phase.
- The news is a compliance milestone rather than a value driver, and the underlying liquidity and going concern risks remain unchanged.
EWK · Price
Company Overview
- Earthworks Industries is transitioning from a waste management focus to a critical minerals recovery platform.
- Flagship project: The "Critical Minerals Recovery System" intellectual property acquired from Wokaura Art and Innovations Inc.
- The system focuses on urban mining, legacy mine waste/tailings reprocessing, and modular, scalable processing architectures.
- The company has abandoned its Cortina Integrated Waste Management project following a U.S. District Court upholding the lease termination.
- Management aims to deploy pilot facilities and generate first revenue, but no commercial operations or revenue streams currently exist.
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Jun 29, 2026 · 09:00