Decklar Resources Inc. (TSE:DKL) has released an update.
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Decklar Resources Inc. is seeking a temporary management cease trade order (MCTO) due to delays in filing its annual financial documents, stemming from operational and cash flow issues in Nigeria. The company is working on a remediation plan with its auditors and reserve engineers to complete and file the required reports by June 20, 2024. If granted, the MCTO will prevent company insiders from trading Decklar’s securities until the filings are complete and the order is lifted.
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