on Nexera Energy Inc. (isin : CA65344H1001)
Nexera Energy Announces Delay in Annual Filings and Request for Cease Trade Order
Nexera Energy Inc. has updated its previous announcement regarding a delay in filing its annual financial statements, management's discussion and analysis, and related certifications for the year ended March 31, 2024. Due to internal staffing and software issues, the company now expects to complete its Annual Filings by September 13, 2024, beyond the initial July 29, 2024 deadline.
To address the delay, Nexera has applied for a management cease trade order (MCTO) from the Alberta Securities Commission. This order, if granted, will prevent company insiders from trading their shares until the default is remedied. The company will issue bi-weekly updates until the Annual Filings are completed.
The issues causing the delay have been resolved, according to the company, and no other significant business developments have occurred since the last financial statements were filed.
R. E.
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