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Supreme Critical Metals Inc. Delays Financial Disclosure Amid Working Capital Deficit

Story Highlights
  • Supreme Critical Metals Inc. faces a delay in financial filings due to a working capital deficit.
  • The company seeks a management cease trade order to manage trading restrictions amid the delay.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Supreme Critical Metals Inc. Delays Financial Disclosure Amid Working Capital Deficit

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Victory Resources ( (TSE:CRIT) ) has issued an update.

Supreme Critical Metals Inc. has announced a delay in filing its audited annual financial statements due to a working capital deficit, which has prevented the engagement of its auditor. The company is seeking a management cease trade order from the British Columbia Securities Commission to restrict trading by its management, although this will not affect non-insider shareholders. Supreme is working to resolve the default and expects to file the required documents by August 31, 2025, while confirming there are no insolvency proceedings against it.

More about Victory Resources

SUPREME CRITICAL METALS INC. is a publicly traded diversified investment corporation actively exploring and investigating multiple opportunities in lithium, copper, silver, and precious metals. The company focuses on regions conducive to mining, supported by favorable government regulations and existing infrastructure.

Average Trading Volume: 30,123

Technical Sentiment Signal: Sell

Current Market Cap: C$389.5K

For detailed information about CRIT stock, go to TipRanks’ Stock Analysis page.

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