FEC Resources Receives Cease Trade Order from BCSC
FEC Resources (OTC Pink: FECOF) has received a cease trade order (CTO) from the British Columbia Securities Commission (BCSC) on May 15, 2025. The order mandates the suspension of trading in the company's securities due to failure to file required financial documents for the year ended December 31, 2024. The missing documents include:
- Audited Annual Financial Statements
- Management's Discussion and Analysis
- CEO and CFO Certifications
- Annual Information Form
The company is working with its auditors and expects to complete the necessary filings before the end of May 2025. Trading can only resume after the BCSC's Executive Director revokes the CTO following the submission of all required documents.
FEC Resources (OTC Pink: FECOF) ha ricevuto un ordine di cessazione delle negoziazioni (CTO) dalla British Columbia Securities Commission (BCSC) il 15 maggio 2025. L'ordine impone la sospensione delle negoziazioni dei titoli della società a causa della mancata presentazione dei documenti finanziari richiesti per l'anno chiuso al 31 dicembre 2024. I documenti mancanti includono:
- Bilanci annuali certificati
- Relazione della direzione e analisi
- Certificazioni del CEO e del CFO
- Modulo informativo annuale
La società sta collaborando con i revisori contabili e prevede di completare le presentazioni necessarie entro la fine di maggio 2025. Le negoziazioni potranno riprendere solo dopo che il Direttore Esecutivo della BCSC avrà revocato il CTO a seguito della presentazione di tutti i documenti richiesti.
FEC Resources (OTC Pink: FECOF) ha recibido una orden de cese de operaciones (CTO) de la Comisión de Valores de Columbia Británica (BCSC) el 15 de mayo de 2025. La orden exige la suspensión de la negociación de los valores de la empresa debido a la falta de presentación de los documentos financieros requeridos para el año terminado el 31 de diciembre de 2024. Los documentos faltantes incluyen:
- Estados financieros anuales auditados
- Informe de gestión y análisis
- Certificaciones del CEO y CFO
- Formulario de información anual
La empresa está trabajando con sus auditores y espera completar las presentaciones necesarias antes de finales de mayo de 2025. La negociación solo podrá reanudarse después de que el Director Ejecutivo de la BCSC revoque la CTO tras la presentación de todos los documentos requeridos.
FEC Resources (OTC Pink: FECOF)는 2025년 5월 15일 브리티시컬럼비아 증권위원회(BCSC)로부터 거래중지명령(CTO)을 받았습니다. 이 명령은 2024년 12월 31일 종료된 연도에 대한 필수 재무서류를 제출하지 않아 회사 증권 거래를 중단하도록 요구합니다. 누락된 서류는 다음과 같습니다:
- 감사된 연간 재무제표
- 경영진 토론 및 분석
- CEO 및 CFO 인증서
- 연례 정보 양식
회사는 감사인과 협력하여 2025년 5월 말까지 필요한 제출을 완료할 예정입니다. 모든 필수 서류 제출 후 BCSC 집행 이사가 CTO를 해제해야만 거래가 재개될 수 있습니다.
FEC Resources (OTC Pink : FECOF) a reçu une ordonnance de cessation de négociation (CTO) de la Commission des valeurs mobilières de la Colombie-Britannique (BCSC) le 15 mai 2025. Cette ordonnance impose la suspension des négociations sur les titres de la société en raison du non-dépôt des documents financiers requis pour l'exercice clos le 31 décembre 2024. Les documents manquants comprennent :
- États financiers annuels audités
- Analyse et discussion de la direction
- Certifications du PDG et du directeur financier
- Formulaire d'information annuel
La société collabore avec ses auditeurs et prévoit de finaliser les dépôts nécessaires avant la fin mai 2025. Les négociations ne pourront reprendre qu'après que le directeur exécutif de la BCSC aura levé la CTO suite à la soumission de tous les documents requis.
FEC Resources (OTC Pink: FECOF) hat am 15. Mai 2025 eine Handelsaussetzung (CTO) von der British Columbia Securities Commission (BCSC) erhalten. Die Anordnung verlangt die Aussetzung des Handels mit den Wertpapieren des Unternehmens aufgrund der Nichtvorlage der erforderlichen Finanzdokumente für das zum 31. Dezember 2024 endende Geschäftsjahr. Fehlende Dokumente sind:
- Geprüfte Jahresabschlüsse
- Bericht der Geschäftsleitung und Analyse
- Bescheinigungen des CEO und CFO
- Jahresinformationsformular
Das Unternehmen arbeitet mit seinen Wirtschaftsprüfern zusammen und erwartet, die erforderlichen Einreichungen bis Ende Mai 2025 abzuschließen. Der Handel kann erst wieder aufgenommen werden, nachdem der Geschäftsführer der BCSC die CTO nach Einreichung aller erforderlichen Dokumente aufgehoben hat.
- Company expects to complete required filings before the end of May 2025
- Received cease trade order from BCSC
- Trading of company securities suspended
- Failed to file required annual financial documents for 2024
- Company currently non-compliant with regulatory requirements
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") reports that on May 15, 2025 it received a cease trade order (CTO) from the British Columbia Securities Commission ("BCSC"). The CTO requires that the trading of the Company's securities must be ceased until the Company files its Audited Annual Financial Statements for the year ended December 31, 2024, its Management's Discussion and Analysis for the year ended December 31, 2024, the Certifications of the Chief Executive Officer and Chief Financial Officer for the year ended December 31, 2024, and its Annual Information Form for the year ended December 31, 2024.
Upon completion of the filing, and before trading in the securities of the Company is allowed to commence, the Executive Director of the BCSC also has to revoke the CTO.
The Company is currently working with its auditors to compelte the necessary filings and anticipates filing all the required documents before the end of May.
On behalf of the Board of,
FEC Resources Inc.
Daniel Carlos
Director and Chief Executive Officer
For more information please e-mail info@FECResources.com or visit the FEC Resources website at www.fecresources.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252425
FAQ
Why did FECOF receive a cease trade order from BCSC in May 2025?
When will FECOF resume trading after the May 2025 cease trade order?
What documents does FECOF need to file to lift the cease trade order?
When does FECOF expect to complete the required filings to lift the cease trade order?
