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Green River Gold Corp Seeks Cease Trade Order Amid Audit Delays

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Green River Gold Corp Seeks Cease Trade Order Amid Audit Delays

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Green River Gold Corp ( (TSE:CCR) ) has issued an announcement.

Green River Gold Corp has requested a temporary Management Cease Trade Order from the Alberta Securities Commission due to delays in finalizing its annual financial statements and related documents for the fiscal year ended September 30, 2024. The delay is attributed to the increased complexity of financial statements following expansion into a new mining business and health-related issues faced by the CEO. Despite these setbacks, the company expects to complete the audit and remedy the default within six to eight weeks, with anticipated financing to aid in resolving audit fee payments.

More about Green River Gold Corp

Green River Gold Corp is a company involved in the mining industry, with a focus on placer mining claims. The company has recently expanded into physically mining one of its claims, which has increased the complexity of its financial operations.

Average Trading Volume: 70,233

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.33M

For a thorough assessment of CCR stock, go to TipRanks’ Stock Analysis page.

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