Magnetic North Acquisition Corp (TSE:MNC) has released an update.
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Magnetic North Acquisition Corp. has issued a bi-weekly update confirming the ongoing delay in filing its annual financial documents originally due April 29, 2024, but now expected by May 31, 2024. The company reiterated that there are no significant changes since their previous default announcement and that they are not facing insolvency proceedings or undisclosed material changes. They continue to meet alternative information guidelines and will provide bi-weekly updates as they work towards resolving the filing delay.
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