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Magnetic North Acquisition ( (TSE:MNC) ) has shared an update.
Magnetic North Acquisition Corp. has issued a bi-weekly update regarding its management cease trade order due to the delay in filing its audited annual financial statements for the year ended December 31, 2024. The company expects to file these documents by June 30, 2025, and will continue to provide bi-weekly updates until the issue is resolved. There are no material changes since the initial announcement, and the company is not facing any insolvency proceedings or undisclosed material information.
More about Magnetic North Acquisition
Magnetic North Acquisition Corp. is an investment and management company with offices in Calgary and Toronto. The company focuses on leveraging its management, operations, and capital markets expertise to ensure the success of its investee companies. Its common and preferred shares are traded on the TSX Venture Exchange under the symbols MNC and MNC.PR.A, respectively.
Average Trading Volume: 23,614
Technical Sentiment Signal: Buy
Current Market Cap: C$5.91M
Learn more about MNC stock on TipRanks’ Stock Analysis page.
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