Japaul Gold & Ventures apologizes to stakeholders over delay in  2020, Q1 2021 results

By Kayode Tokede

Japaul Gold & Ventures Plc has apologized to capital market stakeholders over delayed in 2020 audited financial statement and first quarter (Q1) ended March 31, 2021 results.

Company Secretary, Japaul Gold & Ventures  Michael Edeko in a statement on Nigerian Exchange Limited stated that, “This is to announce that the filing of Japaul Gold & Ventures Plc’s first quarter (Q1) unaudited financial statement for the period ended March 31, 2021 which was due for submission on the regulatory due date of April 30, 2021 is currently pending due to the pending 2020 audited financial statements which has not been finalized because of the reasons earlier communicated in our press release of April 8, 2021.

“In view of the inconclusiveness of its 2020 AFS, the Q1 2021 UFS could not be filed as expected. The company sincerely apologizes for the delay and requests the public/stakeholders/prospective investors to bear with us.

“The company is doing all things within its reach to ensure that both 2020 audited and Q1 2021 unaudited financial statements are filed as soon as possible.”