Transforma Hit with Cease Trade Order

Transforma Resources Corp (TSE:TFM) has released an update.

Transforma Resources Corporation has faced regulatory action as the British Columbia Securities Commission imposed a cease trade order due to the company’s failure to submit its annual financial statements and accompanying documents by the established deadline. This order halts all trading of Transforma’s securities in Canada. The company has pledged to keep its stakeholders informed of any developments pursuant to securities laws.

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