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Horizon Petroleum ( (TSE:HPL) ) just unveiled an update.
Horizon Petroleum Ltd. has provided an update on the status of its voluntary management cease trade order imposed by the Alberta Securities Commission following delays in filing its audited annual financial statements, management discussion and analysis, and related certifications for the year ended August 31, 2025. The order restricts trading in the company’s securities by its chief executive and chief financial officers but does not affect other investors, while Horizon and its auditor work toward completing the required filings, targeted for mid-February, and the company continues to issue bi-weekly status reports and confirms there have been no additional material changes or new defaults since the order was announced.
More about Horizon Petroleum
Calgary-based Horizon Petroleum Ltd. is an oil and natural gas company focused on the appraisal and development of conventional onshore resources in Europe, led by a management team and board with significant international experience in the energy sector.
Average Trading Volume: 88,868
Technical Sentiment Signal: Sell
Current Market Cap: C$4.37M
Find detailed analytics on HPL stock on TipRanks’ Stock Analysis page.