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Element79 Gold Faces Filing Delays and Trade Restrictions

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Element79 Gold Faces Filing Delays and Trade Restrictions

Element79 Gold Corp. (TSE:ELEM) has released an update.

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Element79 Gold Corp. has announced a Management Cease Trade Order due to delays in filing its annual financial statements, caused by a change in auditors and increased transaction volume. The company expects to complete the filings by January 30, 2025, and will continue to update stakeholders bi-weekly. Despite the delay, public trading of the company’s shares will continue, although certain company insiders are restricted from trading.

For further insights into TSE:ELEM stock, check out TipRanks’ Stock Analysis page.

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