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An announcement from Maclaren Minerals Ltd. ( (TSE:SCU) ) is now available.
Sankamap Metals Inc. has delayed the filing of its annual audited financial statements for the fiscal year ending June 30, 2025, due to a recent change in auditors. The company is actively cooperating with its new auditor to expedite the process and expects to file the necessary documentation by December 28, 2025. To address the delay, Sankamap obtained a Management Cease Trade Order (MCTO) that restricts trading for executives but does not impact other investors. Sankamap reassures stakeholders that it is not facing insolvency and continues exploration efforts for high-grade copper and gold assets.
More about Maclaren Minerals Ltd.
Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company specializing in high-grade copper and gold deposits. Its flagship Oceania Project in the Solomon Islands targets exploration in a geologically rich area known for major copper-gold deposits like Newcrest’s Lihir Mine.
Average Trading Volume: 97,383
Technical Sentiment Signal: Buy
Current Market Cap: C$11.42M
See more insights into SCU stock on TipRanks’ Stock Analysis page.