Core Viewpoint - Carbon Done Right Developments Inc. has received a cease trade order from the British Columbia Securities Commission due to failure to file required continuous disclosure documents by the deadline [1][2]. Group 1: Cease Trade Order Details - The cease trade order (CTO) prohibits all trading in the company's securities until the required filings are made and the CTO is revoked [2]. - The company aims to resolve the issues causing the delay and expects to file the necessary documents by September 30, 2025 [3]. Group 2: Company Background - Carbon Done Right is a provider of high-quality carbon credits sourced from afforestation and reforestation projects [1]. - The company focuses on nature-based carbon assets to meet the growing demand for carbon credits from companies pursuing Net Zero goals [4]. - It engages in various arrangements with government entities in jurisdictions such as Sierra Leone, Yucatan, Guyana, and Suriname to enhance greenhouse gas sequestration [4]. Group 3: Required Filings - The documents that were not filed include the Annual Audited Financial Statements for the year ended March 31, 2025, Management Discussion & Analysis, and certificates from the CEO and CFO [6].
CARBON DONE RIGHT DEVELOPMENTS INC. ANNOUNCES CEASE TRADE ORDER
GlobeNewswire News Roomยท2025-07-30 23:20