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Marksmen Energy Faces Delay in Financial Filings, Receives Cease Trade Order

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Marksmen Energy Faces Delay in Financial Filings, Receives Cease Trade Order

Elevate Your Investing Strategy:

Marksmen Energy ( (TSE:MAH) ) just unveiled an announcement.

Marksmen Energy Inc. has announced a delay in filing its 2024 annual financial statements, resulting in a management cease trade order (MCTO) issued by the Alberta Securities Commission. The company is working with its auditor to resolve the issue and expects to file the documents by June 15, 2025. The MCTO restricts trading by the CEO and CFO but does not affect other stakeholders. Marksmen will continue to provide updates through biweekly default status reports until the filings are completed.

More about Marksmen Energy

Marksmen Energy Inc. operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is listed on the TSX Venture Exchange and the OTCB Venture Marketplace, indicating its market focus on energy investments.

Average Trading Volume: 25,307

Technical Sentiment Signal: Sell

Current Market Cap: C$1.06M

For detailed information about MAH stock, go to TipRanks’ Stock Analysis page.

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