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Hoshi Resource Corp. Transitions to Semi-Annual Reporting Under Regulatory Exemption
Calgary, Alberta — July 16, 2026 — Leads & Copy — Hoshi Resource Corp. announced that it has elected to utilize exemptions under Coordinated Blanket Order 51-933, allowing eligible venture issuers to move from quarterly to semi-annual reporting. This transition will exempt the Corporation from filing interim financial reports and related management discussion and analysis for its first and third quarters. Consequently, Hoshi Resource Corp. will not file interim financial statements or related MD&A for the nine-month period ending September 30, 2026, or any subsequent periods ending March 31 and September 30. The Corporation's fiscal year concludes on December 31. Despite the shift to semi-annual reporting, Hoshi Resource Corp. will continue to submit audited annual financial statements, which are due within 120 days of its fiscal year-end. Additionally, six-month interim financial reports and associated MD&A will be filed within 60 days of June 30. The company affirmed its commitment to timely disclosure and will continue to report any material changes and significant developments as required by National Instrument 51-102 Continuous Disclosure Obligations. Hoshi Resource Corp. has confirmed that it meets all eligibility criteria for the Blanket Order. The Corporation believes that participating in this pilot program will reduce the administrative and financial burden associated with quarterly reporting, aligning with the objectives of the Blanket Order. This news release is filed in accordance with Coordinated Blanket Order 51-933 Exemptions. Hoshi Resource Corp. is currently a capital pool company that has not commenced commercial operations and holds no assets other than cash. Until a qualifying transaction is completed, the Corporation will not engage in business activities beyond identifying and evaluating potential businesses or assets for such a transaction, except as outlined in the TSX Venture Exchange Inc.'s CPC policy.
Source: Hoshi Resource Corp.