1st May 2018 11:00
LONDON (Alliance News) - Avocet Mining PLC on Tuesday requested its shares been suspended from trading in London as it failed to publish its annual accounts on time.
Avocet said the failure to do so comes due to the "complexity" of the accounting treatment of some events which occurred in 2017 and early 2018, which raised questions it could not resolve in time.
The company said it is working with auditors to get the audit done as soon as possible, and then it will file its 2017 financial report and apply for shares to be re-admitted to trading.
Avocet currently operates the Inata gold mine in Burkina Faso as well as exploration projects in both that country and Guinea.
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