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An announcement from PetroFrontier ( (TSE:PFC) ) is now available.
PetroFrontier Corp. has announced a delay in filing its 2024 annual financial statements and related documents due to an unexpected delay in receiving necessary information from the general partner of its limited partnership investment. This delay has affected the company’s ability to complete its audit and reserves report. PetroFrontier is working with its auditor and reserves evaluator to file the documents by May 30, 2025, and has applied for a management cease trade order to restrict its CEO and CFO from trading in its securities until the filings are completed. The company assures that there are no insolvency proceedings against it and no undisclosed material information.
More about PetroFrontier
PetroFrontier is a junior energy company focused on the development of two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. The company is headquartered in Calgary, Alberta, and its shares are traded on the TSX Venture Exchange under the symbol ‘PFC’.
Average Trading Volume: 42,810
Technical Sentiment Signal: Buy
Current Market Cap: C$4.67M
Find detailed analytics on PFC stock on TipRanks’ Stock Analysis page.