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Stock impact report

Kolibri Global Energy Inc. Announces Anticipated Late Filing of Financial Statements

Kolibri Global Energy Inc. (KGEI) 
Company Research Source: Business Wire
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the "Company") announced today that it will likely miss its filing deadline of April 2, 2024 to file audited annual financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended December 31, 2023 (collectively, the "Annual Filings"), as required under applicable Canadian securities laws.In connection with the Company's inability to file the Annual Filings on time, the Company has applied for a Management Cease Trade Order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") and is waiting for the British Columbia Securities Commission approval.The Company recently engaged Marcum LLP as the Company’s new auditor due to the Company’s listing on the NASDAQ stock exchange. The Company and Marcum LLP are performing their due diligence and procedures to meet regulatory requirements. The additional time will prov Show less Read more
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