Nexera Reports On Cease Trade Order
Nexera Energy (TSXV: NGY, OTC: EMBYF) has announced it received a cease trade order (CTO) from the Alberta Securities Commission on August 5, 2025, due to failing to file required annual financial documents by the July 29, 2025 deadline.
The missing documents include the audited annual financial statements for the year ended March 31, 2025, management's discussion and analysis, CEO/CFO certificates, and oil and gas annual disclosures. The CTO affects trading in all Nexera securities but can be revoked if the company files the required documents within 90 days, which management anticipates completing.
Nexera Energy (TSXV: NGY, OTC: EMBYF) ha annunciato di aver ricevuto un ordine di cessazione delle negoziazioni (CTO) dalla Alberta Securities Commission il 5 agosto 2025, a causa del mancato deposito dei documenti finanziari annuali richiesti entro la scadenza del 29 luglio 2025.
I documenti mancanti includono il bilancio annuale certificato per l'anno concluso il 31 marzo 2025, la discussione e analisi della gestione, le certificazioni del CEO/CFO e le dichiarazioni annuali relative a petrolio e gas. Il CTO impedisce la negoziazione di tutti i titoli Nexera, ma può essere revocato se la società presenta i documenti richiesti entro 90 giorni, termine che la direzione prevede di rispettare.
Nexera Energy (TSXV: NGY, OTC: EMBYF) ha anunciado que recibió una orden de cese de comercio (CTO) de la Comisión de Valores de Alberta el 5 de agosto de 2025, debido a no presentar los documentos financieros anuales requeridos antes de la fecha límite del 29 de julio de 2025.
Los documentos faltantes incluyen los estados financieros anuales auditados para el año terminado el 31 de marzo de 2025, el análisis y discusión de la gerencia, los certificados del CEO/CFO y las divulgaciones anuales de petróleo y gas. La CTO afecta el comercio de todos los valores de Nexera, pero puede ser revocada si la empresa presenta los documentos requeridos dentro de los 90 días, lo cual la gerencia anticipa completar.
Nexera Energy (TSXV: NGY, OTC: EMBYF)는 2025년 8월 5일 앨버타 증권 위원회로부터 거래 중지 명령(CTO)을 받았다고 발표했습니다. 이는 2025년 7월 29일까지 필수 연간 재무 서류를 제출하지 못했기 때문입니다.
누락된 서류에는 2025년 3월 31일 종료된 연도에 대한 감사된 연간 재무제표, 경영진의 토론 및 분석, CEO/CFO 인증서, 석유 및 가스 연간 공개자료가 포함됩니다. 이 CTO는 Nexera의 모든 증권 거래에 영향을 미치지만, 회사가 90일 내에 필요한 서류를 제출하면 해제될 수 있으며, 경영진은 이를 완료할 것으로 예상하고 있습니다.
Nexera Energy (TSXV : NGY, OTC : EMBYF) a annoncé avoir reçu une ordonnance de cessation de négociation (CTO) de la part de la Alberta Securities Commission le 5 août 2025, en raison du non-dépôt des documents financiers annuels requis avant la date limite du 29 juillet 2025.
Les documents manquants comprennent les états financiers annuels audités pour l'exercice clos le 31 mars 2025, l'analyse et la discussion de la direction, les certificats du PDG/CFO, ainsi que les divulgations annuelles relatives au pétrole et au gaz. La CTO affecte la négociation de toutes les valeurs Nexera, mais peut être levée si la société dépose les documents requis dans les 90 jours, ce que la direction prévoit de faire.
Nexera Energy (TSXV: NGY, OTC: EMBYF) hat am 5. August 2025 eine Handelsstopp-Anordnung (CTO) von der Alberta Securities Commission erhalten, da die erforderlichen jährlichen Finanzdokumente nicht bis zum 29. Juli 2025 eingereicht wurden.
Die fehlenden Dokumente umfassen die geprüften Jahresabschlüsse für das zum 31. März 2025 endende Geschäftsjahr, die Management-Diskussion und -Analyse, CEO/CFO-Zertifikate sowie jährliche Offenlegungen im Bereich Öl und Gas. Die CTO betrifft den Handel mit allen Nexera-Wertpapieren, kann jedoch aufgehoben werden, wenn das Unternehmen die erforderlichen Unterlagen innerhalb von 90 Tagen einreicht, was das Management erwartet.
- None.
- Company failed to file required annual financial statements by deadline
- Cease trade order issued affecting all securities trading
- Trading suspended until required documents are filed
Calgary, Alberta and San Antonio, Texas--(Newsfile Corp. - August 6, 2025) - Nexera Energy Inc. (TSXV: NGY) (OTC Pink: EMBYF) (the "Corporation", the "Company" or "Nexera") reports that the Corporation has not as yet filed its audited annual financial statements for the year ended March 31, 2025, the related management's discussion and analysis, the certificates of its CEO and CFO and the related oil and gas annual disclosures (collectively, the "Required Filings") with Canadian securities regulators by the prescribed filing deadline (July 29, 2025). The Corporation and its advisors are working diligently and expeditiously to complete such work, and the Corporation intends to make the Required Filings as soon as possible.
In connection with this delayed Required Filings, the Corporation received a cease trade order ("CTO") issued by the Alberta Securities Commission ("ASC") on August 05, 2025. The CTO affects trading in all securities of the Corporation and will remain in effect until such time as the Corporation has made the Required Filings. If the Required Filings are made within 90 days of the date of the CTO, which the Corporation anticipates will be completed, the required filings will constitute the Corporation's application to have the CTO fully revoked.
For further information, please contact:
Nexera Energy Inc. President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@nexeraenergy.com
www.nexeraenergy.com.
About Nexera Energy Inc.
Nexera Energy Inc. (TSXV: NGY) is an energy company with oil producing properties in Southwest Texas. Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon Projects. The Company also now owns
Forward Looking Statements
Except for statements of historical fact relating to the Company, certain information contained herein relating to the timing of the filing of financial statements constitutes forward-looking statements. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Except as required by applicable securities laws, the Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261548
FAQ
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