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FORM 7 MONTHLY PROGRESS REPORT Name of CNQ Issuer: Armada Mercantile Ltd. (the Issuer). Trading Symbol: ARM Number of Outstanding Quoted Securities: 17,976,134 Date: February 1, 2021, This Monthly
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Start by gathering all the necessary information about the operating company that trades, including its legal name, address, contact details, and registration number.
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Identify the type of trading activities the operating company is involved in, such as buying and selling goods or providing services.
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Determine the financial aspects of the trading operations, such as revenue, expenses, and profit margins.
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Prepare the necessary documentation, such as financial statements, balance sheets, and income statements, to accurately represent the trading activities of the operating company.
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Fill out the operating company's trading activities in the designated sections of the relevant forms or reports, following any specific instructions or guidelines provided.
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Who needs operating companies that trade?

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Businesses engaged in trading activities: Operating companies that participate in buying and selling goods or providing services through trade transactions require accurate and thorough documentation of their trading activities.
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Internal stakeholders and management: The management and internal stakeholders of operating companies need the details of trading activities to make informed decisions, evaluate profitability, and strategize business growth plans.
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Auditors and accountants: Professionals responsible for auditing and accounting tasks rely on accurate records of trading activities to verify financial statements' accuracy and ensure compliance with accounting standards.
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Operating companies that trade are companies that are involved in buying and selling goods or services in the market.
Operating companies that trade are required to file their financial reports with the relevant regulatory authorities.
Operating companies that trade need to fill out the necessary financial forms and submit them to the appropriate regulatory bodies.
The purpose of operating companies that trade is to provide transparency and accountability in the trading activities of the company.
Operating companies that trade must report their revenue, expenses, profits, losses, assets, and liabilities.
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