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Decklar Resources Faces Financial Reporting Delay
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Decklar Resources Faces Financial Reporting Delay

Decklar Resources (TSE:DKL) has released an update.

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Decklar Resources Inc. has announced a delay in its financial reporting due to postponed crude oil sales and a labor strike in Nigeria, expecting to receive proceeds in mid-July 2024. The company is actively working on completing its audit and updating reserve estimates, while confirming no insolvency proceedings or undisclosed material information. These efforts follow a management cease trade order issued by the Alberta Securities Commission due to the late filing of annual financial documents.

For further insights into TSE:DKL stock, check out TipRanks’ Stock Analysis page.

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