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Elcora Delays Financial Filings, Receives MCTO
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Elcora Delays Financial Filings, Receives MCTO

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Elcora Advanced Materials (TSE:ERA) has released an update.

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Elcora Advanced Materials Corp. has announced a delay in the filing of its annual and interim financial statements due to extended audit procedures for its subsidiary in Morocco, resulting in a management cease trade order (MCTO) which restricts company executives from trading shares, though trading for the general public remains unaffected. The company is working to complete the necessary filings by the new deadline of October 14, 2024.

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

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