Q-Gold Resources Confirms Administrative Update to Interim Financial Statements

Q-Gold Resources Ltd. (QGold) has confirmed the refiling of its interim financial statements for the three-month period ended March 31, 2026. This action was taken to incorporate a compliance statement that was inadvertently left out of the initial submission. The company explicitly stated that this administrative update does not impact any previously reported financial results, and no restatement of figures was required.

The omission was identified during a routine review conducted by staff of the Ontario Securities Commission (OSC) in connection with the company's base shelf prospectus filing. QGold promptly collaborated with OSC Staff to resolve the matter. The sole adjustment involves the addition of an unreserved statement of compliance with IAS 34 Interim Financial Reporting, ensuring all financial information remains precisely as originally disclosed.

While this administrative correction is not expected to have a direct impact on the company's share price, it is a significant step in upholding regulatory compliance and transparency. In line with standard OSC procedure, QGold will be listed on the Commission's public Refilings and Errors list for three years. This is a routine transparency measure applied to any issuer that amends its continuous disclosure record following an OSC Staff review, regardless of the nature or materiality of the change.

For companies operating in the mining sector, financial transparency and adherence to regulatory frameworks are paramount for maintaining investor confidence. Q-Gold Resources is a Canadian gold development company focused on advancing high-quality gold assets across North America, including its flagship Quartz Mountain Gold Project in Oregon, USA, and the Mine Centre project in Ontario, Canada. Such administrative updates underscore the company's dedication to robust corporate governance and investor relations.

Analysts and market observers are likely to view Q-Gold's commitment to high standards of financial disclosure and transparency with its shareholders favorably. The accuracy and completeness of financial statements are crucial for investors to assess the company's future performance. The amended interim financial statements and the related Management's Discussion and Analysis (MD&A) are accessible on the SEDAR+ platform. Q-Gold is expected to continue its focus on disciplined project advancement and responsible resource development to create long-term shareholder value.