An update from Canadian Manganese Company Inc ( (TSE:CDMN) ) is now available.
Canadian Manganese Company Inc. announced a delay in filing its year-end audited financial statements due to the delayed closing of a previously announced royalty financing and the need to consolidate financial statements with its subsidiary, Mongoose Mining Ltd. This delay led to the issuance of a cease-trade order by the Ontario Securities Commission, prohibiting trading of the company’s securities until the required filings are completed. The company expects to resolve the issue by the end of April 2025.
More about Canadian Manganese Company Inc
Canadian Manganese Company Inc. is a Canadian critical mineral development company focused on supplying high-purity manganese metal products for the rechargeable battery industry. The company holds the Woodstock Project in New Brunswick.
Technical Sentiment Signal: Strong Buy
For detailed information about CDMN stock, go to TipRanks’ Stock Analysis page.