Post by
Looneytunes on Oct 05, 2022 4:51pm
Reply from Tsx
Having emailed a query to the TSX, I received the below reply today and it would appear that the halt order issued on 7th September was never revoked. Dear Mr Tunes, Thank you for your email regarding CVR Medical. A Cease Trade Order (CTO) was issued by the British Columbia Securities Commission (BSCS) on September 7 2022 and subsequently a Halt Trade by IIROC, please refer to the following link: https://www.bcsc.bc.ca/-/media/PWS/New-Resources/Decision-and-Orders/Cease-Trade-Orders/2022/2022-BCSECCOM-369.pdf For future reference, I have attached a link to the IIROC website Halts & Resumptions click on Search then type the companys name or stock symbol in the Keywords field. You can also review CVR Medicals filings on SEDAR, please refer to www.sedar.com In addition, I have included some definitions around trading halts as follows: A trading halt is issued to suspend trading in a security while material news from the company is disseminated. Halts are usually temporary - less than two hours - with trading resuming once the company has issued the important news. Halts and resumptions are issued by IIROC or a marketplace upon which the security is listed or quoted. A Cease Trade Order (CTO) is issued against a company for a variety of reasons including failing to meet its disclosure requirements such as filing a quarterly or annual financial statement, or as a result of an enforcement action that involves an investigation of wrongdoing. A CTO is often in place for an extended period of time and can be indefinite. CTOs are issued by the Securities Commissions. A suspension is issued by an exchange in situations when companies fail to meet listing requirements. A business halt, or an "Exchange halt" is typically a long trading halt implemented by the Exchange due to an ongoing review or business issues such as non-payment of fees. Halts lasting longer than a few hours are usually business halts. You may also want to contact the company directly and speak with their Investor Relations department: https://cvrmed.com/contact/ A significant part of IIROC's role is to develop, administer and enforce the trading rules known as UMIR in the Canadian securities market. You may find out more about UMIR by visiting our website here. Regards, Luis Interdonato Sr. Complaints & Inquiries Specialist Investment Industry Regulatory Organization of Canada 525 Viger St. W., Ste. 601, Montreal, Quebec H2Z 0B2 Toll free: 1-877-442-4322 | Fax: 1-888-497-6172 investorinquiries@iiroc.ca IIROC: Protecting Investors and Fostering Fair and Efficient Capital Markets across Canada. Description: Description: IIROC_BI_2Col_C_noTag From: Looney Tunes Sent: Tuesday, October 4, 2022 7:45 AM Subject: CVR Medical Good morning, I'm enquiring into the fate of CVR Medical, a company that until 3rd October 2022 was listed on the TSX but that seems to have just disappeared, I assume taking its investors fund with it. I'd appreciate if you could advise why there was no notification of what has happened
Comment by
Abovenbeyond on Oct 05, 2022 6:49pm
Then why can I put in a bid or ask on my investerline account ?