The regulatory intervention centers on the company’s February 10, 2026, announcement regarding the True North Project in southeastern Manitoba. According to the BCSC, the company’s language implied a level of economic certainty and technical maturity that exceeded the scope of a preliminary economic assessment (PEA). Under National Instrument 43-101, a PEA is strictly conceptual and cannot be equated to a pre-feasibility or feasibility study.
1911 Gold confirmed that no formal production decision has been made for the site. The company is now working to amend its technical reports, website content, and investor relations materials to remove misleading information. Investors are advised that the previously filed technical report on SEDAR+ is non-compliant and should not be relied upon until a verified, amended version is released. Technical oversight for these corrections is being managed by Michele Della Libera and Seok Joon Kim.
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