Criterium Energy Faces Potential Delay in Financial Filings

An update from Criterium Energy ( (TSE:CEQ) ) is now available.

Criterium Energy announced a potential delay in filing its annual financial statements due to audit challenges related to its recent acquisition and outstanding confirmations from foreign banks. The company has applied for a management cease trade order to prevent trading by its executives if the filings are delayed, though this will not affect general public trading. The company expects to complete the audit by May 9, 2025, and will continue to provide updates as required.

More about Criterium Energy

Criterium Energy Ltd. is a Canadian-based upstream energy company focused on consolidating and sustainably developing assets in Southeast Asia. The company aims to deliver scalable growth and cash flow generation in a region expected to experience significant economic growth and energy demand. Criterium is committed to maximizing shareholder returns through sustainable practices, innovation, and operational excellence.

YTD Price Performance: -27.50%

Average Trading Volume: 100,461

Technical Sentiment Signal: Buy

Current Market Cap: C$7.91M

See more data about CEQ stock on TipRanks’ Stock Analysis page.