Pulse Oil Corp. Announces Suspension of Trading

Core Viewpoint - Pulse Oil Corp. has had its trading suspended on the TSX Venture Exchange due to a cease trade order issued by the British Columbia Securities Commission, which is expected to be resolved once the company meets its filing requirements [1][2]. Company Overview - Pulse Oil Corp. is a Canadian company focused on a 100% working interest in the Enhanced Oil Recovery (EOR) Project located in West Central Alberta, Canada, which includes two established Nisku pinnacle reef reservoirs that have been producing sweet light crude oil for over 40 years [5]. - The company has implemented a recovery methodology involving NGL solvent injection to enhance oil recovery from these reservoirs, with under 10 million barrels of oil recovered to date, representing approximately 30% recovery factor from the pools [6]. Financial and Operational Status - The company has total reclamation liabilities of $2.96 million, which is considered low compared to many peers in the Western Canadian industry [6]. - The CEO of Pulse Oil Corp. has expressed confidence that the company will complete its annual filings within the next week, which is expected to lead to the revocation of the cease trade order and the resumption of trading [2][3].