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Nexera Energy Faces Cease Trade Order Due to Delayed Filings

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Nexera Energy Faces Cease Trade Order Due to Delayed Filings

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Nexera Energy ( (TSE:NGY) ) has issued an announcement.

Nexera Energy Inc. has announced that it has not yet filed its audited annual financial statements for the fiscal year ending March 31, 2025, leading to a cease trade order issued by the Alberta Securities Commission. The order affects all securities trading of the company and will remain until the required filings are completed, which Nexera anticipates will be within 90 days, potentially impacting its market operations and stakeholder confidence.

More about Nexera Energy

Nexera Energy Inc. is an energy company with oil-producing properties in Southwest Texas. It operates the Lavernia, Wooden Horse, and Stockdale Horizon Projects and owns 100% of Production Resources Inc., a South Texas oil company.

Average Trading Volume: 57,060

Technical Sentiment Signal: Hold

Current Market Cap: C$1.95M

See more data about NGY stock on TipRanks’ Stock Analysis page.

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