Sparta Capital ( (TSE:SAY) ) just unveiled an announcement.
Sparta Group has announced progress towards filing its delayed annual financial statements, which were initially due on January 29, 2025. The delay, attributed to an overload of work for both Sparta and its auditors, has resulted in a Failure to File Cease Trade Order by the Alberta Securities Commission, restricting all trading in the company’s securities. Despite this, Sparta’s Environment division has successfully completed the first phase of testing its NeoSort nanotechnology system and is advancing to the second phase with partners in Sweden. Additionally, the e-waste recycling facility in Toronto is expanding its customer base, driven by the benefits of the company’s carbon credit program.
More about Sparta Capital
Sparta Group, also known as Sparta Capital Ltd., is a technology-based company that focuses on integrating emerging technologies. It operates with a decentralized business model, with each active business functioning as a separate subsidiary. The company is divided into three operational segments: Environment, Energy, and Innovation, each responsible for its day-to-day operations and performance. Sparta Group is publicly traded on the TSX Venture Exchange under the symbol ‘SAY’.
YTD Price Performance: 110.0%
Average Trading Volume: 5,000
Technical Sentiment Signal: Sell
Current Market Cap: $2.63M
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