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PetroFrontier Faces Cease Trade Order Amid Filing Delays

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PetroFrontier Faces Cease Trade Order Amid Filing Delays

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The latest update is out from PetroFrontier ( (TSE:PFC) ).

PetroFrontier Corp. has announced a cease trade order issued by the Alberta Securities Commission due to delays in filing its annual financial statements and related documents for the year ended December 31, 2024. This delay has also affected the filing of the company’s interim financial statements for the first quarter of 2025. The company’s shares have been halted from trading on the TSX Venture Exchange as a result. PetroFrontier’s management is actively working to resolve the filing issues, which have been impacted by delays in receiving necessary information from its limited partnership investment’s general partner.

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: 75,754

Technical Sentiment Signal: Sell

Current Market Cap: C$4.67M

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

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