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PetroFrontier ( (TSE:PFC) ) has provided an announcement.
PetroFrontier Corp. announced a continued delay in filing its 2024 annual financial statements, resulting in a management cease trade order (MCTO) that restricts its CEO and CFO from trading the company’s securities. The company is working with its auditor to resolve the issue by May 30, 2025, and will provide biweekly updates until the filings are completed. This situation highlights ongoing challenges in meeting regulatory requirements, potentially impacting investor confidence.
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: 63,112
Technical Sentiment Signal: Sell
Current Market Cap: C$3.51M
For an in-depth examination of PFC stock, go to TipRanks’ Stock Analysis page.