Silver Phoenix Resources (TSE:ATL) has released an update.
Atlas Global Brands Inc. has announced the resignation of board member Cale Alacer, while also nearing the completion of its interim financial statements for filing. The company is addressing a cease trade order and managing financial complications with the Canada Revenue Agency over unpaid excise taxes. Additionally, Atlas Global is contending with a breach of their receivables purchase agreement due to these tax issues.
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