TORONTO, Sept. 27 /CNW/ - TNT Filings Inc. (TNT), one of Canada's leading
regulatory filing agencies, is pleased to announce that it has completed the
first-ever XBRL submission of financial statements under Canada's voluntary
filing program via SEDAR.
This groundbreaking filing was completed for the First Quarter financial
statements of Newstrike Resources Ltd. (TSX VENTURE:NR) and can be viewed at
The XBRL data for Newstrike was created using XBRLit, TNT's wholly-owned
XBRL tagging tool.
XBRLit is a Java based web application that allows users to tag financial
documents in Microsoft Word & Excel to XBRL using a Graphical User Interface
similar to the Microsoft Office Environment.
Using XBRLit is easy. Users simply upload their financial documents to
the application, select the taxonomies they wish to use and can begin their
mark up immediately.
The application requires no software purchase or download, and can
operate from any Java enabled web browser. Users can also save their progress
and log back in at a later time to complete the mark up. Users within the same
organization will have access to each other's mark ups and documents, to
facilitate the tagging process.
"The innovative design of the application, coupled with the fact that
it's an easy to use web application that requires no download - has made this
a very attractive tool to XBRL users," said Wasim Thaha, Director of Business
Development at TNT Filings Inc. and Vice-Chair of XBRL Canada.
"XBRL or Interactive Data is changing the course of financial reporting,"
he said. The United States Securities and Exchange Commission (SEC) and the
Canadian Securities Administrators (CSA) have recognized the benefits that can
be reaped from reporting in XBRL. As well, enabling Voluntary Filing Programs,
on their respective reporting systems - EDGAR and SEDAR - is a huge step in
the right direction.
"TNT Filings applauds the decision of both regulators and is proud to
offer XBRLit, free of charge, to all companies wishing to participate in the
SEC's and CSA's Voluntary Filing Programs," said Thaha.
To receive access to XBRLit, please send an email to firstname.lastname@example.org
- providing your Company Name and the Users you wish to register.
About TNT Filings Inc.
TNT Filings Inc. is a regulatory filing agent specializing in electronic
corporate reporting via EDGAR, SEDAR and SEDI, as well as complex document
conversion and preparation.
Based in Toronto, Canada, TNT Filings serves a variety of international
clients comprised of: Law Firms, IR Agents, Accounting Firms, Transfer Agents,
Newswires and Public Companies.
For further information:
For further information: Wasim Thaha, Director of Business Development,
TNT Filings Inc., Telephone: (416) 806-1750, Toll Free: 1-888-465-9835 ext 84,
Email: email@example.com, Website: www.tntfilings.com