Criterium Energy ( (TSE:CEQ) ) has issued an announcement.
Criterium Energy Ltd. has announced a delay in filing its audited financial statements for the year ended December 31, 2024, due to challenges faced by its auditor related to deferred income taxes and consolidation following the acquisition of Mont D’Or Petroleum Ltd. The company has applied for a management cease trade order (MCTO) with the Alberta Securities Commission, which, if granted, will restrict trading by its executives but not affect public trading of its securities. The company expects to complete the audit by May 9, 2025, and plans to issue a news release once the filings are completed.
More about Criterium Energy
Criterium Energy Ltd. is a Canadian-based upstream energy company focused on consolidating and sustainably developing assets in Southeast Asia. The company aims to deliver scalable growth and cash flow generation in a region expected to experience significant economic growth and increased energy demand. Criterium Energy is committed to maximizing shareholder returns through fostering a sustainable reputation, leveraging innovation and technology, and achieving operational excellence with a focus on safety.
YTD Price Performance: -31.25%
Average Trading Volume: 101,991
Technical Sentiment Signal: Buy
Current Market Cap: C$7.5M
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