Divergent Energy Services (TSE:DVG) has released an update.
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Divergent Energy Services has announced the resignation of its entire executive management and board of directors amid financial struggles, including an inability to collect a significant receivable from its largest customer. The company is also grappling with breaches of financial obligations and a cease trade order due to unfiled financial statements, which has culminated in no expected residual value for shareholders.
For further insights into TSE:DVG stock, check out TipRanks’ Stock Analysis page.
