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Longhorn Exploration Corp ( (TSE:PWH) ) has issued an announcement.
PureWave Hydrogen Corp. has received a temporary management cease trade order from the Alberta Securities Commission after failing to file its audited financial statements and related disclosures for the year ended August 31, 2025, by the December 29, 2025 deadline. The default stems from funding shortfalls that have delayed payment of audit fees and constrained the company’s ability to retain audit and financial reporting resources, although trading in its securities by non-insiders remains unaffected and the company confirms it is not subject to insolvency proceedings. Management says it is working with auditors, pursuing financing to complete the audit, expects to remedy the default by February 27, 2026, and will continue to provide bi‑weekly status updates while aiming to meet all other continuous disclosure deadlines, a situation that underscores ongoing liquidity pressures but preserves public market trading access for investors.
More about Longhorn Exploration Corp
PureWave Hydrogen Corp. is a Calgary-based company operating in the hydrogen and clean energy sector. The firm is listed on the TSX Venture Exchange and is subject to Canadian securities regulation and continuous disclosure requirements as a public issuer.
Average Trading Volume: 163,558
Technical Sentiment Signal: Sell
Find detailed analytics on PWH stock on TipRanks’ Stock Analysis page.