PJX Resources Adopting Semi-annual Financial Reporting (“SAR”)

PJX Resources Inc. has announced its adoption of semi-annual financial reporting under Coordinated Blanket Order 51-933, marking a strategic shift to reduce administrative and financial burdens associated with quarterly reporting requirements. The company meets all eligibility criteria as a venture issuer with annual revenues below $10 million and a clean disclosure record spanning more than 12 months.

Under this new reporting framework, PJX will discontinue filing interim financial statements and management discussion and analysis for its first and third quarters, specifically eliminating reports for the three-month period ending March 31, 2026, and the nine-month period ending September 30, 2026. The company will maintain its commitment to filing audited annual financial statements and MD&A within 120 days of December 31, along with six-month interim statements within 60 days of June 30.

This regulatory change allows PJX to streamline its operational focus while maintaining compliance with material disclosure requirements under National Instrument 51-102. The company continues to operate as a mineral exploration entity with significant land holdings in British Columbia's Sullivan Mine District and Vulcan Gold Belt, encompassing over 750 square kilometers near Cranbrook and Kimberley.

PJX has positioned itself strategically in the critical minerals space with a portfolio targeting gold, silver, zinc, lead, copper, cobalt, and other strategic metals. The company has identified more than 15 priority exploration targets within its consolidated land package, many of which are road-accessible and drill-ready, presenting opportunities for both internal development and partnership arrangements. This reporting structure adjustment should enable management to allocate more resources toward advancing these exploration priorities rather than administrative compliance, potentially accelerating project development timelines in a region with established mining infrastructure and geological potential.