Elcora Advanced Materials (TSE:ERA) has released an update.
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Elcora Advanced Materials Corp. has announced a delay in filing its annual financial statements due to extended audit times, particularly concerning its Moroccan subsidiary’s transactions and enhanced auditor quality controls. The company expects to complete the filings by September 29, 2024, and has received a management cease trade order, which restricts company insiders from trading its shares, although trading for the general public continues.
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