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An announcement from PetroFrontier ( (TSE:PFC) ) is now available.
PetroFrontier Corp. announced that the Alberta Securities Commission has issued a management cease trade order due to a delay in filing its annual financial statements and related documents for the year ended December 31, 2024. The delay is attributed to complexities in obtaining necessary financial information from the general partner of its limited partnership investment, affecting the audit process. The order restricts trading by the CEO and CFO but does not impact other stakeholders. PetroFrontier is working with its auditor to resolve the issue and expects to file the documents by May 30, 2025.
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’.
YTD Price Performance: -25.00%
Average Trading Volume: 49,891
Technical Sentiment Signal: Buy
Current Market Cap: C$3.51M
See more data about PFC stock on TipRanks’ Stock Analysis page.