Tough sledding out there for some Sask potash juniors Encanto Potash suspended by BCSC, OSC
2021-07-08 19:47 ET - Cease Trade/Suspend Company
A cease trade order was issued by the British Columbia and Securities Commission and the Ontario Securities Commission on July 7, 2021, against Encanto Potash Corp., for failing to file its annual audited financial statements for the year ended Dec. 31, 2020, and its interim financial report for the period ended March 31, 2021, the management's discussion and analysis for the periods ended Dec. 31, 2021, and March 31, 2021, and the certification of annual and interim filings for the periods ended Dec. 31, 2020, and March 31, 2021.
Upon revocation of the cease trade order, the company's shares will remain suspended until the company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.