Orca Energy Group Faces Filing Delay, Seeks Management Cease Trade Order

April 23, 2026 - 17:10

TORTOLA, British Virgin Islands – Orca Energy Group Inc. has announced that it expects a short-term delay in filing its audited consolidated annual financial statements for the year ended December 31, 2025, along with the associated management’s discussion and analysis and required CEO and CFO certifications. The company attributed the delay to complications in completing its audit process.

As a result of this anticipated late filing, Orca has voluntarily applied for a Management Cease Trade Order (MCTO) from the applicable securities regulatory authorities. The MCTO, if granted, would restrict trading in the company’s securities by its senior management and insiders, while allowing the general public to continue trading the company’s shares on the market. This measure is intended to provide Orca with additional time to finalize and file its annual documents without imposing a full trading halt on the company’s stock.

The company stated that it is working diligently with its auditors to complete the necessary work and expects to file the required financial statements and certifications as soon as possible. Orca emphasized that the delay is not related to any material change in its business operations or financial condition, but rather to the timing and complexity of the audit process. The company will provide further updates as the situation develops.