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Sankamap Updates Standing on Late Submitting of Monetary Statements

EditorialBy EditorialNovember 5, 2025No Comments6 Mins Read

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Sankamap Metals Inc. (CSE: SCU) (“Sankamap” or the “Firm”) additional to the Firm’s information launch dated October 21, 2025, the Firm continues to work in direction of the submitting of its annual audited monetary statements and administration’s dialogue and evaluation for the fiscal 12 months ended June 30, 2025 (the “Required Filings”).

The audit of Sankamap’s subsidiary is nearing completion and is predicted to be finalized inside the subsequent few days. Sankamap has supplied the auditor with all required planning supplies and supporting documentation; nonetheless, the graduation of Sankamap’s audit in full stays dependent upon the completion of the subsidiary audit. From Sankamap’s perspective, all crucial preparations for the audit have been accomplished, and solely potential changes, if any, are anticipated following the finalization of the subsidiary audit. Sankamap continues to anticipate that the audited monetary statements might be accomplished and filed on or earlier than November 28, 2025.

The Required Filings have been on account of be filed by October 28, 2025. In reference to the anticipated delays in making the Required Filings, the Firm made an utility for a Administration Stop Commerce Order (“MCTO“) underneath Nationwide Coverage 12-203 Administration Stop Commerce Orders (“NP 12-203“) to the Alberta Securities Fee, as principal regulator for the Firm, and the MCTO was issued on October 29, 2025. The MCTO restricts all buying and selling by the Firm’s CEO and CFO in securities of the Firm, whether or not direct or oblique. The issuance of the MCTO is not going to have an effect on the flexibility of individuals who should not administrators, officers or insiders of the Firm to commerce their securities. The MCTO will stay in impact till the Required Filings are filed or till it’s revoked or assorted.

The Firm expects to proceed with the submitting of its interim first-quarter monetary statements shortly after the Required Filings have been accomplished and submitted.

Each the Firm and its auditors are working diligently in direction of the completion and submitting of the Required Filings, and the Firm will present further updates.

The Firm confirms that it intends to fulfill the provisions of the choice info tips described in NP 12-203 by issuing bi-weekly default standing reviews within the type of a information launch till it meets the Required Filings requirement. The Firm has not taken any steps in direction of any insolvency continuing and the Firm has no materials info regarding its affairs that has not been typically disclosed.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration firm devoted to the invention and growth of high-grade copper and gold deposits via its flagship Oceania Venture, situated within the South Pacific. The Firm’s totally permitted belongings are strategically positioned within the Solomon Islands, alongside a prolific geological pattern that hosts main copper-gold deposits; together with Newcrest’s Lihir Mine, with a useful resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at each the Kuma and Fauro properties, a part of Sankamap’s Oceania Venture within the Solomon Islands. Historic work has already highlighted the mineral potential of each websites, which lie alongside a extremely potential copper and gold-bearing pattern, suggesting the opportunity of additional, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historic rock chip sampling has returned constantly elevated gold values above 0.5 g/t Au, together with a standout pattern assaying 11.7% Cu and 13.5 g/t Au2; underscoring the world’s important potential.

At Fauro, notably on the Meriguna Goal, historic trenching has returned extremely encouraging outcomes, together with 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these outcomes are distinctive seize pattern assays, together with historic values of as much as 173 g/t Au3, together with latest sampling by Sankamap on the Kiovakase Goal, which returned quite a few high-grade copper values, reaching as much as 4.09% Cu. As well as, restricted historic shallow drilling intersected 35.0 meters at 2.08 g/t Au3, additional underscoring the property’s sturdy mineral potential and the benefit for continued exploration. With a dedication to systematic exploration and a crew of skilled professionals, Sankamap goals to unlock the untapped potential of underexplored areas and create substantial worth for its shareholders. For extra info, please seek advice from SEDAR+ (www.sedarplus.ca), underneath Sankamap’s profile.

  1. Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

  2. Historic seize, soil and BLEG samples from SolGold Kuma Evaluation June 2015, and SolGold plc Annual Report 2013/2012

  3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Abstract Technical Information 2012

QP Disclosure

The technical content material for the Oceania Venture on this information launch has been reviewed and authorised by John Florek, M.Sc., P.Geol., a Certified Particular person in accordance with CIM tips. Mr. John Florek is in good standing with the Skilled Geoscientists of Ontario (Member ID:1228) and a director and officer of the Firm.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ “John Florek”
John Florek, M.Sc., P.Geol
Chief Govt Officer
Sankamap Metals Inc.

The Canadian Securities Alternate has not authorised nor disapproved this press launch.

Ahead-Wanting Statements

Sure statements made and knowledge contained herein might represent “forward-looking info” and “forward-looking statements” inside the that means of relevant Canadian and United States securities laws. These statements and knowledge are primarily based on information at the moment out there to Sankamap and there’s no assurance that the precise outcomes will meet administration’s expectations. Ahead-looking statements and knowledge could also be recognized by such phrases as “anticipates,” “believes,” “targets,” “estimates,” “plans,” “expects,” “might,” “will,” “may” or “would.”

This press launch comprises forward-looking statements, together with, however not restricted to, statements concerning administration’s expectations about acquiring the MCTO and finishing the Required Filings inside the anticipated timeline. Ahead-looking statements are topic to numerous dangers, uncertainties, and different components that would trigger precise outcomes or occasions to vary materially from these expressed or implied by such statements. Sankamap doesn’t undertake any obligation to replace forward-looking statements or info, besides as required by relevant securities legal guidelines. For extra info on the Firm, traders ought to evaluate the Firm’s steady disclosure filings which might be out there at www.sedarplus.ca .

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/273235



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