Divergent Energy Services (TSE:DVG) has released an update.
Divergent Energy Services Corp. has announced a delay in filing its annual financial statements for 2023, attributing the postponement to cash flow difficulties stemming from a major customer’s non-payment. As a result, the company anticipates a cease trade order from the Alberta Securities Commission, which will remain until the necessary filings are completed. Divergent is exploring alternative restructuring options or awaiting payment to proceed with the audit and subsequent filings.
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