Zonetail Navigates Regulatory Compliance Delays

Zonetail (TSE:ZONE) has released an update.

Zonetail Inc. has informed stakeholders of a delay in filing their annual financial reports, resulting in a failure-to-file cease trade order from the Ontario Securities Commission. The company anticipates completing the overdue filings by June 21, 2024, with a swift follow-up of interim documents, and is actively working to be re-listed on the TSX Venture Exchange within the next week. Zonetail’s recent clarification also included details about finders fees and warrants issued in a private placement.

For further insights into TSE:ZONE stock, check out TipRanks’ Stock Analysis page.