CALGARY, Sept. 9 /CNW/ - The Alberta Securities Commission (ASC) has
issued an Order reflecting an agreement between TransAlta Corporation and
Canadian Hydro Developers Inc. regarding TransAlta's effort to cease trade
Canadian Hydro Developers' shareholder rights plan.
The Order provides that effective 12 p.m., September 21, 2009, trading
cease in respect of any securities issued or to be issued in connection with
the Canadian Hydro Developers' shareholders rights plan in so far as they
relate to the TransAlta take-over bid.
A copy of the Order is posted on the ASC website at
The ASC is the regulatory agency responsible for administering the
province's securities laws. It is entrusted with fostering a fair and
efficient capital market in Alberta and protecting investors. As a member of
the Canadian Securities Administrators, the ASC works to improve, coordinate
and harmonize the regulation of Canada's capital markets.
For further information:
For further information: For Media Inquiries: Mark Dickey, Senior
Communications Advisor, (403) 297-4481, firstname.lastname@example.org; For Investor
Inquiries: ASC Public Inquiries, Toll Free, 1-877-355-4488