Baru Gold Corp Updates Status Of MCTO
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Baru Gold Corp. has updated the status of its Management Cease Trade Order (MCTO) issued by the British Columbia Securities Commission. The MCTO restricts trading by the company's officers, board, and insiders but not the public. The company has now filed its overdue financial statements.
February 19, 2025 | 10:00 pm
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Baru Gold Corp. has filed its overdue financial statements, leading to an update on the Management Cease Trade Order. The MCTO restricts trading by insiders but not the public.
The filing of overdue financial statements is a positive step towards compliance, but the MCTO remains in place for insiders. This news is neutral for short-term stock price as public trading is unaffected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100