TSXV: LWR     FSE: EE1A     

Lake Winn Announces Delay in filing Q1 2021 Interim Financial Statements

May 28th, 2021

Vancouver, British Columbia – May 28, 2021 – Lake Winn Resources Corp. (TSX-V: LWR, OTC: EQTXF), (the “Company” or “Lake Winn”), announces that pursuant to National Instrument 51-102 – Continuous Disclosure Obligations, the filing deadline date to file the Company’s interim financial statements for the three (3) month period ended March 31, 2021, including the related management’s discussion and analysis, and the CEO and CFO Certifications (collectively the “Interim Filings”) is May 31, 2021. The Company will be filing its Interim Filings concurrent with the Company’s filing of the its annual financial statements for the year ended December 31, 2020, including the related management’s discussion and analyst, and the CEO and CFO Certifications (collectively the “Annual Filings”).

The Company will be filing its Interim Filings concurrently with the Company’s annual financial statements for the year ended December 31, 2020, including the related management’s discussion and analysis, and the CEO and CFO Certifications (collectively, the “Annual Filings”). The Company is working to complete its Annual Filings and Interim Filings at its earliest opportunity and will provide updates as further information relating to the Annual Filings and Interim Filings becomes available.

The Company has applied to the applicable securities regulatory authorities and received a management cease trade order (“MCTO”) imposed against the Chief Executive Officer and Chief Financial Officer of the Company, precluding them from trading securities of the Company. The MCTO will remain in effect until the Annual Filings are filed and requires that the Annual Filings be submitted on or before July 2, 2021.

For further information contact:

Patrick Power
CEO and Director
Lake Winn Resources Corp.
Telephone: +1 (604) 218-8772

Cautionary Statement Regarding Forward-Looking Information

Certain statements contained in this press release may constitute forward-looking statements. Such forward-looking statements are based upon the Company’s reasonable expectations at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause the Company’s plans or prospects to change include changes or disruptions in the securities markets; legislative, political or economic developments. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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