Desert Gold Ventures shifts to semi-annual financial reporting under new pilot
Desert Gold Ventures Inc. has chosen to switch from quarterly to semi-annual financial reporting. The move comes under a new pilot program designed for venture issuers. The company will now file financial updates twice a year instead of four times. The decision follows the company’s participation in the Semi-Annual Reporting (SAR) pilot program. This initiative allows eligible firms to reduce their reporting frequency while maintaining transparency. Desert Gold confirmed it meets all the criteria for the scheme.
Under the new system, the company will no longer submit interim financial statements for the periods ending March 31, 2026, and September 30, 2026. However, it will still provide audited annual financial statements and six-month interim reports. Management has also reaffirmed its commitment to sharing material changes and key developments promptly. The firm trades on the TSX Venture Exchange under the symbol DAU and on the OTC market as DAUGF. The shift aims to streamline reporting without compromising investor information.
Desert Gold will now focus on semi-annual updates rather than quarterly filings. The change applies to specific reporting periods in 2026 but does not affect annual audits or major disclosures. The company remains bound by regulatory requirements for transparency and timely updates.
