Carbon Done Right Delays Financials, Seeks Trade Order

Earl Resources Limited (TSE:KLX) has released an update.

Carbon Done Right Developments Inc. has announced a delay in submitting its annual financial documents due to the need for further analysis on the fair value of carbon credit streaming agreements. The company is seeking a Management Cease Trade Order, which would restrict company insiders from trading its securities until the financial statements are filed, expected by May 31, 2024. This request is pending approval by the British Columbia Securities Commission, which could still impose a broader cease trade order if the documents aren’t filed promptly.

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