Bullboard - Stock Discussion Forum Magnetic North Acquisition Corp V.MNC

Alternate Symbol(s): BKBLF | V.MNC.PR.A

Magnetic North Acquisition Corp. is a Canada-based investment and merchant banking company. The Company is focused on providing financial advice and services to companies in the clean power technology, oilfield services, consumer products, and technology (software and hardware) sectors. The Company invests and manages businesses on behalf of its shareholders.

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Magnetic North Acquisition Corp > What have they been doing ?

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Post by chance18 on Jul 21, 2024 2:04pm

What have they been doing ?

Magnetic North Acquisition Corp.

Jul 15, 2024, 16:30 ET

CALGARY, AB and TORONTO, July 15, 2024 /CNW/ - Magnetic North Acquisition Corp. (TSXV: MNC) (TSXV: MNC.PR.A) ("Magnetic North" or the "Company") announces that the Alberta Securities Commission (the "ASC") has issued a cease trade order against the Company for the Company's failure to file its audited annual financial statements, accompanying management discussion and analysis, and certifications for the financial year ended December 31, 2023, and the corresponding interim financial statements, management discussion and analysis, and certifications for the period ended March 31, 2024. As previously announced, the Company has experienced unexpected delays in the preparation of its annual filings, which were due April 29, 2024.