sur Xebra Brands Ltd (CVE:XBRA)
Xebra Brands Ltd. Updates on Management Cease Trade Order
Xebra Brands Ltd., an international cannabis company, has provided an update on its management cease trade order (MCTO). This order relates to the delay in filing the company's audited annual financial statements and management's discussion and analysis for the fiscal year ending February 28, 2025.
The delay, initially announced on July 2, 2025, arose from liquidity constraints and recent changes in management. Xebra Brands Ltd. is working to complete these filings by August 29, 2025, and will issue bi-weekly updates during this period.
The company has confirmed that, as of the date of this release, there have been no material developments beyond what has already been disclosed. The MCTO will remain in effect until the required filings are made.
R. E.
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