CALGARY, Aug. 8, 2016 /CNW/ - The Alberta Securities Commission (ASC) has issued a cease trade order against OmniArch Global Bond Corporation. The cease trade order was issued after ASC staff determined OmniArch Global Bond Corporation's offering memorandum dated November 27, 2015 was not completed in accordance with Alberta securities laws.
The cease trade order prohibits all trading or purchasing in OmniArch Global Bond Corporation securities until the cease trade order has been revoked or varied.
A copy of the cease trade order is available on the ASC website at www.albertasecurities.com.
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 with 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.
SOURCE Alberta Securities Commission
For further information: please contact: For Media Inquiries: Nicole Tuncay, Senior Advisor, Investor Education, 403-297-4008; For Investor Inquiries: ASC Public Inquiries, Toll Free 1-877-355-4488