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Wedgemount Resources Updates on Management Cease Trade Order

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Wedgemount Resources Updates on Management Cease Trade Order

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The latest announcement is out from Wedgemount Resources ( (TSE:WDGY) ).

Wedgemount Resources Corp., a junior oil and gas company, is providing an update regarding its management cease trade order issued by the British Columbia Securities Commission on November 29, 2024. The company is diligently working with auditors to finalize its audited financial statements and related filings for the fiscal year ending July 31, 2024, by January 27, 2025. The cease trade order restricts trading by the company’s CEO and CFO until the filings are complete but does not affect other shareholders. Wedgemount continues to comply with regulations by issuing bi-weekly status updates and confirms no material changes or defaults have occurred since the initial announcement.

More about Wedgemount Resources

Wedgemount Resources is a junior oil and gas company focused on maximizing shareholder value through the acquisition, development, and exploitation of natural resource projects in the southern USA.

YTD Price Performance: -10.0%

Average Trading Volume: 39,996

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$4.71M

See more insights into WDGY stock on TipRanks’ Stock Analysis page.

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