Decklar Resources Inc. (TSE:DKL) has released an update.
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Decklar Resources Inc. has requested a temporary management cease trade order due to delays in filing its annual financial statements, management’s discussion and analysis, and other required documents by the April 29 deadline. The company attributes the delay to cash flow issues and operational challenges in selling crude oil in Nigeria. Decklar is working closely with auditors and reserve engineers to remedy the situation and expects to complete and file the necessary documents by June 20, 2024.
For further insights into TSE:DKL stock, check out TipRanks’ Stock Analysis page.
