AGÕæÈ˹ٷ½

STOCK TITAN

FEC Resources Receives Cease Trade Order from BCSC

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

FEC Resources (OTC Pink: FECOF) has received a cease trade order (CTO) from the British Columbia Securities Commission (BCSC) on May 15, 2025. The order mandates the suspension of trading in the company's securities due to failure to file required financial documents for the year ended December 31, 2024. The missing documents include:

  • Audited Annual Financial Statements
  • Management's Discussion and Analysis
  • CEO and CFO Certifications
  • Annual Information Form

The company is working with its auditors and expects to complete the necessary filings before the end of May 2025. Trading can only resume after the BCSC's Executive Director revokes the CTO following the submission of all required documents.

FEC Resources (OTC Pink: FECOF) ha ricevuto un ordine di cessazione delle negoziazioni (CTO) dalla British Columbia Securities Commission (BCSC) il 15 maggio 2025. L'ordine impone la sospensione delle negoziazioni dei titoli della società a causa della mancata presentazione dei documenti finanziari richiesti per l'anno chiuso al 31 dicembre 2024. I documenti mancanti includono:

  • Bilanci annuali certificati
  • Relazione della direzione e analisi
  • Certificazioni del CEO e del CFO
  • Modulo informativo annuale

La società sta collaborando con i revisori contabili e prevede di completare le presentazioni necessarie entro la fine di maggio 2025. Le negoziazioni potranno riprendere solo dopo che il Direttore Esecutivo della BCSC avrà revocato il CTO a seguito della presentazione di tutti i documenti richiesti.

FEC Resources (OTC Pink: FECOF) ha recibido una orden de cese de operaciones (CTO) de la Comisión de Valores de Columbia Británica (BCSC) el 15 de mayo de 2025. La orden exige la suspensión de la negociación de los valores de la empresa debido a la falta de presentación de los documentos financieros requeridos para el año terminado el 31 de diciembre de 2024. Los documentos faltantes incluyen:

  • Estados financieros anuales auditados
  • Informe de gestión y análisis
  • Certificaciones del CEO y CFO
  • Formulario de información anual

La empresa está trabajando con sus auditores y espera completar las presentaciones necesarias antes de finales de mayo de 2025. La negociación solo podrá reanudarse después de que el Director Ejecutivo de la BCSC revoque la CTO tras la presentación de todos los documentos requeridos.

FEC Resources (OTC Pink: FECOF)ëŠ� 2025ë…� 5ì›� 15ì� 브리티시컬럼비아 ì¦ê¶Œìœ„ì›íš�(BCSC)로부í„� 거래중지명령(°ä°Õ°¿)ì� 받았습니ë‹�. ì� ëª…ë ¹ì€ 2024ë…� 12ì›� 31ì� 종료ë� ì—°ë„ì—� 대í•� 필수 재무서류ë¥� 제출하지 않아 회사 ì¦ê¶Œ 거래ë¥� 중단하ë„ë¡� 요구합니ë‹�. 누ë½ë� 서류ëŠ� 다ìŒê³� 같습니다:

  • ê°ì‚¬ë� ì—°ê°„ 재무제표
  • ê²½ì˜ì§� 토론 ë°� ë¶„ì„
  • CEO ë°� CFO ì¸ì¦ì„�
  • ì—°ë¡€ ì •ë³´ ì–‘ì‹

회사ëŠ� ê°ì‚¬ì¸ê³¼ 협력하여 2025ë…� 5ì›� ë§ê¹Œì§€ í•„ìš”í•� 제출ì� 완료í•� 예정입니ë‹�. 모든 필수 서류 제출 í›� BCSC ì§‘í–‰ ì´ì‚¬ê°€ CTOë¥� 해제해야ë§� 거래가 재개ë� ìˆ� 있습니다.

FEC Resources (OTC Pink : FECOF) a reçu une ordonnance de cessation de négociation (CTO) de la Commission des valeurs mobilières de la Colombie-Britannique (BCSC) le 15 mai 2025. Cette ordonnance impose la suspension des négociations sur les titres de la société en raison du non-dépôt des documents financiers requis pour l'exercice clos le 31 décembre 2024. Les documents manquants comprennent :

  • États financiers annuels audités
  • Analyse et discussion de la direction
  • Certifications du PDG et du directeur financier
  • Formulaire d'information annuel

La société collabore avec ses auditeurs et prévoit de finaliser les dépôts nécessaires avant la fin mai 2025. Les négociations ne pourront reprendre qu'après que le directeur exécutif de la BCSC aura levé la CTO suite à la soumission de tous les documents requis.

FEC Resources (OTC Pink: FECOF) hat am 15. Mai 2025 eine Handelsaussetzung (CTO) von der British Columbia Securities Commission (BCSC) erhalten. Die Anordnung verlangt die Aussetzung des Handels mit den Wertpapieren des Unternehmens aufgrund der Nichtvorlage der erforderlichen Finanzdokumente für das zum 31. Dezember 2024 endende Geschäftsjahr. Fehlende Dokumente sind:

  • Geprüfte Jahresabschlüsse
  • Bericht der Geschäftsleitung und Analyse
  • Bescheinigungen des CEO und CFO
  • Jahresinformationsformular

Das Unternehmen arbeitet mit seinen Wirtschaftsprüfern zusammen und erwartet, die erforderlichen Einreichungen bis Ende Mai 2025 abzuschließen. Der Handel kann erst wieder aufgenommen werden, nachdem der Geschäftsführer der BCSC die CTO nach Einreichung aller erforderlichen Dokumente aufgehoben hat.

Positive
  • Company expects to complete required filings before the end of May 2025
Negative
  • Received cease trade order from BCSC
  • Trading of company securities suspended
  • Failed to file required annual financial documents for 2024
  • Company currently non-compliant with regulatory requirements

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") reports that on May 15, 2025 it received a cease trade order (CTO) from the British Columbia Securities Commission ("BCSC"). The CTO requires that the trading of the Company's securities must be ceased until the Company files its Audited Annual Financial Statements for the year ended December 31, 2024, its Management's Discussion and Analysis for the year ended December 31, 2024, the Certifications of the Chief Executive Officer and Chief Financial Officer for the year ended December 31, 2024, and its Annual Information Form for the year ended December 31, 2024.

Upon completion of the filing, and before trading in the securities of the Company is allowed to commence, the Executive Director of the BCSC also has to revoke the CTO.

The Company is currently working with its auditors to compelte the necessary filings and anticipates filing all the required documents before the end of May.

On behalf of the Board of,

FEC Resources Inc.

Daniel Carlos
Director and Chief Executive Officer

For more information please e-mail [email protected] or visit the FEC Resources website at .

To view the source version of this press release, please visit

FAQ

Why did FECOF receive a cease trade order from BCSC in May 2025?

FEC Resources (FECOF) received a cease trade order because it failed to file required annual financial documents for 2024, including audited financial statements, MD&A, CEO/CFO certifications, and annual information form.

When will FECOF resume trading after the May 2025 cease trade order?

Trading can only resume after FEC Resources files all required documents and the BCSC's Executive Director explicitly revokes the cease trade order.

What documents does FECOF need to file to lift the cease trade order?

FECOF needs to file its 2024 Audited Annual Financial Statements, Management's Discussion and Analysis, CEO/CFO Certifications, and Annual Information Form.

When does FECOF expect to complete the required filings to lift the cease trade order?

FEC Resources expects to complete and file all required documents before the end of May 2025.
Fec Resources

OTC:FECOF

FECOF Rankings

FECOF Latest News

FECOF Stock Data

1.98M
123.34M
85.68%
0.02%
Oil & Gas E&P
Energy
Canada
Vancouver