Quartz Mountain Resources files quarterly financial statements

Published 18/06/2025, 23:10
Quartz Mountain Resources files quarterly financial statements

Quartz Mountain Resources Ltd., a mining company with a market capitalization of $131.42 million, has filed its quarterly financial statements with the U.S. Securities and Exchange Commission, according to a Form 6-K submitted on Wednesday.

The Vancouver-based gold and silver mining company’s filing includes management’s discussion and analysis, condensed interim financial statements, and certification documents signed by both the Chief Executive Officer and Chief Financial Officer.

The submission was signed by Sebastian Tang, Chief Financial Officer of Quartz Mountain Resources, and dated June 17, 2025.

The filing complies with Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, which requires foreign private issuers to furnish specific information to the SEC. Quartz Mountain indicated in the filing that it reports annually using Form 20-F rather than Form 40-F.

Quartz Mountain Resources, which changed its name from Quartz Mountain Gold Corp in 1994, maintains its principal executive offices at the 14th Floor of 1040 W. Georgia Street in Vancouver, British Columbia.

The company operates in the gold and silver mining sector under the energy and transportation industry classification. The filing represents standard quarterly financial reporting requirements for publicly traded companies listed on U.S. exchanges.

In other recent news, 4Front Ventures (OTC:FFNTF) Corp. has filed for bankruptcy under the Canadian Bankruptcy and Insolvency Act, with proceedings taking place in the District of British Columbia. B. Riley Farber Inc. has been appointed as the trustee to manage the company’s assets, although the reasons behind the bankruptcy remain undisclosed. Additionally, 4Front Ventures was moved from the OTCQB Venture Market to the OTC Pink Market after failing to file audited financial statements for the year ended December 31, 2024. Meanwhile, Greenway Technologies, Inc. announced a new agreement with Renewable Elements, LLC for the installation of a G-Reformer™ pilot site, involving a $1.3 million non-refundable deposit. The company also updated its bylaws to align with recent corporate governance practices and SEC regulations. NFiniTi Inc. has completed a strategic acquisition of Metavox Holdings LLC, involving a share exchange agreement, and issued a $500,000 convertible promissory note. In a separate transaction, NFiniTi Inc. acquired CyberSyn LLC, a fintech software company, as part of its diversification strategy into the fintech sector. Both acquisitions align with NFiniTi Inc.’s broader strategy to expand into new industries and enhance shareholder value.

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