TVI Pacific to miss April 30 financial filing deadline

• On April 17, 2026, TVI Pacific Inc. announced it will miss its April 30, 2026 deadline for filing audited annual financial statements for the fiscal year ended December 31, 2025.
• The delay constitutes a default under National Instrument 51-102 and National Instrument 52-109 regarding continuous disclosure obligations.
• The company has applied to the Alberta Securities Commission for a Management Cease Trade Order (MCTO), which would restrict trading by insiders including the CEO and CFO.
• External auditors Davidson & Co. LLP and PwC Philippines require additional time to complete audit procedures.
• The company expects to file the required documents on or before May 31, 2026.
• Management confirmed there are no insolvency proceedings currently against the corporation.

• This news is classified as Material - Negative due to the regulatory default and potential trading restrictions for management.
• Missing a financial filing deadline on a TSX-V listed company signals significant internal control or liquidity issues that prevent timely audit completion.
• The application for an MCTO suggests management anticipates they cannot meet compliance standards without regulatory relief, which is a negative signal for investor confidence.
• While the company denies insolvency, the inability to produce audited statements raises questions about the accuracy of reported cash positions and operational viability.
• This event increases the risk of trading suspension or delisting if the May 31, 2026 resolution date is missed again.

• TVI Pacific Inc. is a Canadian resource company focused on mineral projects in the Philippines through its affiliate TVIRD (30.66% owned).
• Flagship Operating Assets: Balabag Gold-Silver Mine (Zamboanga Peninsula) and Siana Gold Mine (Surigao del Norte).
• Balabag Resources: 4.35 Mt @ 1.78 g/t Au, 43.08 g/t Ag (Total Resource).
• Siana Resources: Significant open pit and underground resources with probable reserves of 131 Mt @ 0.94 g/t Au (Open Pit) and 402 Mt @ 2.20 g/t Au (Underground).
• Other Assets: Agata Nickel Mine (in rehabilitation), Mabilo Project (Exploration), Pan de Azucar Project (Exploration).
• Strategy involves low initial CAPEX development and navigating Philippine permitting, where TVIRD was the only company issued permits during a moratorium.