Organto Foods (TSE:OGO) has released an update.
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Organto Foods Inc. has been granted a Management Cease Trade Order (MCTO) by the British Columbia Securities Commission, allowing additional time to complete its 2023 annual financial reports due to unexpected personnel changes. While the MCTO restricts trading by the company’s executive officers, it does not impact other shareholders’ ability to trade. Organto anticipates fulfilling its reporting obligations by June 28, 2024, and will issue bi-weekly updates in the interim.
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