PyroGenesis Inc T.PYR

About the lack of a Halt

[MidtownGuy]

A halt is not a requirement. Furthermore, it's the exchange, not the company, that determines whether a halt is enacted. For the TSX, that's the Market Surveillance group that makes that call. Clearly the exchange did not believe a halt was warranted, so didn't do so.


“It is is neither the intention nor practice of Market Surveillance to halt trading for all news releases from listed companies. A news release is discussed by Market Surveillance and the listed company prior to its release and a determination is made as to whether a trading halt is justified based upon the impact which the particular announcement is expected to have on the market for the company’s securities."

Source: https://www.tsx.com/ebooks/en/timely-disclosure/files/assets/common/downloads/publication.pdf

[developbc]

Was just about to post something similiar...so thank you Midtown.  Very exciting times to be a PYR shareholder as 3D Powders, DROSITE, TORCHES etc...about to seriously take off.   Long and strong PYR!!!!

[Yajne]

....and Peter seems to love doing things "aggressively" like perfecting the mid-day 'hot drop' without a halt. I know P3 has in the past stated other reasons for the mid-day release, but I still gotta believe he likes catching some folks with their "shorts" down.