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Magnetic North Acquisition ( (TSE:MNC) ) has provided an update.
Magnetic North Acquisition Corp. has provided an update on the management cease trade order issued due to its inability to file audited financial documents for the year ending December 31, 2024, by the April 30, 2025 deadline. The company expects to file these documents by June 30, 2025, and continues to meet alternative information guidelines, issuing bi-weekly status reports. There are no insolvency proceedings or undisclosed material information affecting the company.
More about Magnetic North Acquisition
Magnetic North Acquisition Corp. invests and manages businesses, leveraging its management, operations, and capital markets expertise to enhance shareholder success. The company operates from Calgary and Toronto, with its shares trading on the TSX Venture Exchange under the symbols MNC and MNC.PR.A.
Average Trading Volume: 21,695
Technical Sentiment Signal: Hold
Current Market Cap: C$5.02M
For detailed information about MNC stock, go to TipRanks’ Stock Analysis page.