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Pulse Oil Corp. Announces Suspension of Trading
VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Pulse Oil Corp. (“ Pulse ...
About this update from Pulse Oil Corp.
[{"type":"text","content":"Pulse Oil Corp. Announces Suspension of Trading\n\n\n\n VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Pulse Oil Corp. (“\n \n Pulse\n \n ” or the \"\n \n Company\n \n ”) (TSXV: PUL) announces that TSX Venture Exchange (“\n \n TSXV\n \n ”) has suspended trading in Pulse’s common shares due to a cease trade order (“\n \n CTO\n \n ”) issued by the British Columbia Securities Commission. TSXV has noted that reinstatement to trading can occur only when the CTO is revoked and TSXV has concluded its reinstatement review to ensure the Company has satisfactorily complied with TSXV requirements.\n \n\n Pulse Oil Corp. CEO, Garth Johnson commented “The CTO was issued due to the Company being late in meeting its year end filing requirements. Our team believes that we will be in a position to get all materials filed in the next week and as a result, we should be able to get the CTO revoked and be back trading again. We will also update shareholders on operational progress in the coming weeks.”\n \n\n\n Forward-Looking Statements\n \n\n\n This news release contains “forward-looking information” within the meaning of applicable Canadian ‎securities legislation. All statements, other than statements of historical fact, included herein are forward-‎looking information. In this news release, such statements include but are not limited to the expectation of the Company’s management that its annual filings will be made in the next week, leading to the revocation of the CTO and the resumption of trading in Pulse’s common shares. There can be no assurance that such forward-‎looking information will prove to be accurate, and actual results and future events could differ materially from ‎those anticipated in such forward-looking information.\n \n\n This forward-looking information reflects ‎Pulse’s current beliefs and is based on information currently available to Pulse and on ‎assumptions Pulse believes are reasonable. These assumptions include that the audit of the Company’s annual financial statements will soon be completed, followed by the revoking of the CTO and re-start trading on the TSXV.\n \n\n A description of ‎risk factors that may cause actual results to differ mater...