Divergent Energy Services (TSE:DVG) has released an update.
Divergent Energy Services has announced that due to a key customer’s ongoing restructuring, the company has not received any payments in 2024 and is selling non-core assets to sustain cashflow. Additionally, the firm is evaluating strategic alternatives, including a possible sale or merger, and is also attempting to address a missed interest payment on its debentures due to regulatory restrictions.
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