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Marksmen Energy Faces Filing Delays, Receives Cease Trade Order

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Marksmen Energy Faces Filing Delays, Receives Cease Trade Order

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An update from Marksmen Energy ( (TSE:MAH) ) is now available.

Marksmen Energy Inc. has announced a delay in filing its 2024 annual financial statements and Q1 interim financial statements, resulting in a management cease trade order (MCTO) issued by the Alberta Securities Commission. The company is working closely with its auditor to resolve the issue and expects to file the necessary documents by June 15, 2025, for the annual filings and by June 30, 2025, for the Q1 filings. The MCTO restricts the CEO and CFO from trading the company’s securities, but does not affect other stakeholders. Marksmen will continue to provide updates through biweekly reports until the filings are completed.

More about Marksmen Energy

Marksmen Energy Inc. operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is listed on the TSX Venture Exchange and the OTCB Venture Marketplace.

Technical Sentiment Signal: Sell

Current Market Cap: C$1.06M

For a thorough assessment of MAH stock, go to TipRanks’ Stock Analysis page.

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