Nexacon Energy has sought a deadline extension for submitting its financial reports.
The Toronto-based company blamed its U.S. tax filings for impacting the delay.
The firm, which looks to achieve healthy total investment returns through participation in oil and gas partnerships, will now have until June 30 to file its audited financial report for 2013.
Michael Wexler, board chairman and chief executive, said: “There is no particular reason for the delay although I should think that the April 30th tax filing season in North America in particular may have impacted the time available for our accountants and auditors to complete their work. I want to assure our stakeholders that we will put our foot to the pedal so to speak to complete and file the company’s 2013 Audited Report as quickly as possible now.”
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