RE: if anything material has been accomplished...I just spoke with someone at RS(Toronto Office) and they summed up the info below. The one thing they did stress is that it really depends on the contents of the NR itself if the stock will be halted.
P.S. RS couldn't confirm the timing of the NR for Falcon. Hey, I figured it was worth a shot. Guess I'll be glued to my computer afterhours/early tomorrow morning as I'm sure may of us will.
Regards,
SD
Trading halt info. From the TSX.com website
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Depending on the nature and timing of the news release, RS may determine that a halt in trading occur until the news release is reviewed and disseminated appropriately. If an announcement is to be made during trading hours, trading in the Listed Shares of an Issuer may be halted until the announcement is made public and disseminated. RS will determine the amount of time necessary for dissemination in a particular case, based on the significance and complexity of the announcement.
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7.4
Trading will normally be halted if:
(a) the Issuer requests a halt before dissemination of a news release announcing Material Information during trading that may immediately affect the value or price of the Issuer's Listed Shares. RS must be advised of the Material Information and halt request as soon as possible, by phone, so that it can consider whether to halt trading pending receipt and dissemination of the news release. Management of the Issuer should consult with RS in order to assess the expected impact of any announcement that might justify a temporary halt in trading; and
(b) unusual trading suggests that important information regarding Material Information is selectively available. RS may require that the Issuer either disseminate an initial news release if it has not yet done so, or issue a further news release to rectify the situation.
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