Limestone Boat Company (TSE:BOAT) has released an update.
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The Limestone Boat Company has announced a postponement in submitting its audited financial statements for the fiscal year ending March 31, 2024, due to ongoing financial restructuring and liquidity issues. The anticipated delay may result in a cease trade order by the Ontario Securities Commission, which would halt trading of the company’s shares on the Toronto Stock Exchange. The company is actively working on resolving these issues and will provide bi-weekly updates during this period of financial statement non-compliance.
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