cease trade order
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Xebra Brands Provides Update on Share Consolidation
Xebra Brands (CSE:XBRA) will implement a 1-for-10 share consolidation on September 19, 2025, reducing outstanding shares to approximately 8,065,442. Trading of XBRA is currently suspended due to a cease trade order (CTO) issued by the British Columbia Securities Commission on September 3, 2025. The CTO resulted from Xebra’s failure to file required financial documents. The company will retain its name and symbol; however, new CUSIP and ISIN numbers are assigned. Trading will remain halted until compliance is achieved and the BCSC lifts the CTO.
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Voxtur Issues Cease Trade Order and Default Notice
Voxtur Analytics (VXTRF) received a cease trade order (CTO) from Canadian securities authorities on September 5, 2025, for failing to file its Q2 2025 financial statements. The CTO prohibits trading of company securities in Canada. Voxtur also faces potential downgrade to the OTC Pink market if Q2 financials aren’t posted by October 13, 2025. The company received a Notice of Default from its lender due to missed debt payments, failure to maintain required EBITDA, and unpaid interest.
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Nexera Announces Cease Trade Order
On August 5, 2025, Nexera Energy (NGY, EMBYF) received a cease trade order (CTO) from the Alberta Securities Commission due to a failure to file annual financial documents by the July 29 deadline. The missing documents include audited financial statements, management’s analysis, CEO/CFO certifications, and oil/gas disclosures. The CTO halts trading in all Nexera securities but can be revoked if the company files the required documents within 90 days, which management anticipates.
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Battery Mineral Resources Reports Q1 2025 Financial Results, Appoints Keith Spano to Board and Audit Committee
Battery Mineral Resources (BTRMF) filed its Q1 2025 financials on SEDAR+ (July 11, 2025) and anticipates trading to resume around July 15, 2025, pending cease trade order revocation. Keith Spano was appointed to the Board of Directors and as Head of the Audit Committee, replacing Joe Tuso in that role (Tuso remains a Director). Spano brings financial and audit experience from Yorktown Partners. The company focuses on copper production and has projects including the Punitaqui Mining Complex in Chile.
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Altima Delays Filing Audited Annual Financials and MD&A
Altima Energy Inc. has announced a delay in filing its annual financial statements for the fiscal year ending February 28, 2025, due to unforeseen technical issues affecting its auditors. Consequently, the British Columbia Securities Commission has issued a management cease trade order. Altima anticipates filing the required documents by August 29, 2025, and will provide bi-weekly default status reports. Trading of its shares by non-insiders remains permitted.