Premier Financial (US:PFC) Thenewswireยท2025-07-19 02:00Core Viewpoint - PetroFrontier Corp. is facing significant delays in filing its annual financial statements, leading to a management cease trade order and a failure-to-file cease trade order from the Alberta Securities Commission, resulting in a halt of trading of its common shares on the TSX Venture Exchange [1][2]. Group 1: Company Updates - The Alberta Securities Commission issued a management cease trade order to PetroFrontier due to delays in filing its annual financial statements for the year ended December 31, 2024 [1]. - A failure-to-file cease trade order was issued on July 17, 2025, which has halted the trading of the company's common shares [1]. - The delays in filing are attributed to the receipt of financial and other required information from the general partner of the company's limited partnership investment, affecting the external auditor's ability to complete the audit [1]. Group 2: Financial Reporting - The company's interim financial statements for the three months ended March 31, 2025, will only be filed after the annual financial statements are submitted [2]. - The board of directors and management are actively working to meet the obligations related to the filing of both the annual and interim financial statements [2]. Group 3: Company Profile - PetroFrontier is a junior energy company focused on developing two Mannville heavy oil plays located in the Cold Lake and Wabasca areas of Alberta [3].