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PetroFrontier Corp. Faces Filing Delays and Management Cease Trade Order

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PetroFrontier Corp. Faces Filing Delays and Management Cease Trade Order

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

PetroFrontier Corp. has announced delays in filing its 2024 annual financial statements and Q1 interim financial statements due to issues in receiving necessary financial information from its limited partnership investment. This delay has resulted in a management cease trade order (MCTO) affecting the company’s CEO and CFO. The company anticipates filing the annual statements by June 26, 2025, and the Q1 statements by July 10, 2025. PetroFrontier is taking steps to comply with alternative information guidelines and continues to issue biweekly updates as it remains in default.

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: 83,934

Technical Sentiment Signal: Sell

Current Market Cap: C$3.51M

For a thorough assessment of PFC stock, go to TipRanks’ Stock Analysis page.

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