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Turnium Technology Group Delays Filing Annual Financial Statements Due to Acquisition
Company Announcements

Turnium Technology Group Delays Filing Annual Financial Statements Due to Acquisition

Story Highlights
  • Turnium Technology Group delays financial filings following increased transaction volume from a recent acquisition.
  • A Management Cease Trade Order restricts executive trading but allows public trading to continue.
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Rmr Science Technologies ( (TSE:TTGI) ) has provided an announcement.

Turnium Technology Group Inc., a company listed on the TSX Venture Exchange and Frankfurt Stock Exchange, has announced a delay in filing its audited annual financial statements for the fiscal year ending September 30, 2024. The delay is due to increased transaction volume following a recent acquisition, necessitating more time for audit completion. The company has obtained a Management Cease Trade Order from the British Columbia Securities Commission, allowing them until March 31, 2025, to file the required documents. During this period, the CEO and CFO are barred from trading the company’s securities, though the public may continue to do so. This development impacts the company’s operations by temporarily restricting certain trading activities but does not affect the overall trading of its shares by the public. The company confirms there are no insolvency proceedings against it.

More about Rmr Science Technologies

YTD Price Performance: -24.00%

Average Trading Volume: 68,697

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.01M

For detailed information about TTGI stock, go to TipRanks’ Stock Analysis page.

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