PetroFrontier Corp. Provides Update on the Delay in Filing of its 2024 Annual Financial Statements and Announces Delay in Filing of its Q1 Interim Financial Statements | PFRRF Stock News

May 31, 2025

PetroFrontier Corp. (TSXV: PFC) delays filing of 2024 Annual and Q1 2025 Financial Statements.
A Management Cease Trade Order (MCTO) restricts CEO and CFO from trading until filings are complete.
Anticipated filing dates are June 26, 2025, for the Annual Filings and July 10, 2025, for Q1 Filings.

PetroFrontier Corp. (PFC) has announced a delay in the filing of its 2024 Annual Financial Statements and the Q1 2025 Interim Financial Statements. The delay is attributed to issues in receiving necessary financial information from the general partner of the company's limited partnership investment, which has subsequently impacted the external auditor's ability to complete the audit process.

The company now expects to submit its 2024 Annual Financial Statements by June 26, 2025, and the Q1 2025 Financial Statements by July 10, 2025. In connection with this delay, a Management Cease Trade Order (MCTO) has been imposed, which prohibits the CEO and CFO from trading in the company's securities until the filings are complete.

PetroFrontier has requested an extension to the MCTO, though the approval for this extension remains uncertain. To maintain compliance with NP 12-203 guidelines amid the filing delays, the company will continue to release biweekly default status reports. These reports will provide updates as the company works towards meeting its new filing deadlines.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.