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PetroFrontier Corp. Faces Delays in Financial Filings Amid Management Cease Trade Order

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PetroFrontier Corp. Faces Delays in Financial Filings Amid Management Cease Trade Order

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PetroFrontier ( (TSE:PFC) ) has provided an update.

PetroFrontier Corp. announced a delay in filing its 2024 annual financial statements and Q1 interim financial statements due to difficulties in obtaining necessary financial information from its limited partnership investment. This delay has led to a management cease trade order affecting the CEO and CFO, though other stakeholders can still trade the company’s securities. The company plans to file the required documents by late June and early July 2025, respectively, and will continue to provide updates through biweekly reports.

More about PetroFrontier

PetroFrontier Corp. is a junior energy company focused on developing 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: 85,557

Technical Sentiment Signal: Sell

Current Market Cap: C$3.51M

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

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