on Sassy Gold Corp. (CVE:SASY)
Sassy Gold Corp. Faces Cease Trade Order
Sassy Gold Corp., a Canadian exploration company, announced that the British Columbia Securities Commission has issued a Failure-to-File Cease Trade Order (FFCTO). This order, dated November 3, 2025, was issued due to the company's failure to submit required financial documents for the year ending June 30, 2025. The missing documents include annual audited financial statements, management's discussion and analysis, and certification of filings.
As a result, trading of Sassy's securities is prohibited across Canadian jurisdictions adopting the applicable regulation, until compliance is achieved. The company cites a lack of financial resources as a barrier to completing the audit and necessary disclosures. Management is exploring strategic alternatives and sources of capital, yet outcomes remain uncertain.
R. H.
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