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- by manilatimes.net
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Canada Energy Partners Announces Private Placement, Partial Revocation Order and Variation Order
VANCOUVER, British Columbia, April 11, 2025 (GLOBE NEWSWIRE) -- Canada Energy Partners Inc. (NEX:CE.H) (the 'Company”) announces that on February 5, 2025 the British Columbia Securities Commission (the 'BCSC”) granted a partial revocation (the 'Partial Revocation”) of a failure-to-file cease trade order ('FFCTO”) previously issued by the BCSC on September 4, 2024. The Partial Revocation permits the Company to complete a private placement transaction for the purpose of finalizing its annual financial statements for the year ended April 30, 2024, interim financial statements, management's discussion and analysis and certification of interim filings for the periods ended July 31, 2024 and October 31, 2024, as well as provide funding for certain operational, filing and debt expenses.