CALGARY, Jan. 23, 2013 /CNW/ - The Alberta Securities Commission (ASC)
has reciprocated a cease-trade order imposed by the British Columbia
Securities Commission (BCSC) on Digagogo Ventures Corp.
The BCSC found that certain Digagogo Ventures' disclosure in filings and
a news release was not completed in accordance with British Columbia
securities laws. The BCSC ordered on August 10, 2011 that trading in
securities of Digagogo Ventures cease until that disclosure is properly
According to evidence provided to an ASC panel, Digagogo Ventures is
operating in Red Deer through a licensee and at least one Albertan has
invested in Digagogo Ventures. The ASC panel found it is in the public
interest to order that all trading in securities of Digagogo Ventures
cease until the BCSC order is revoked.
A copy of the decision 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 to foster a fair and
efficient capital market in Alberta and to protect investors. As a
member of the Canadian Securities Administrators, the ASC works to
improve, coordinate and harmonize the regulation of Canada's capital
SOURCE: Alberta Securities Commission
For further information:
For Media Inquiries: Mark Dickey
Director, Communications and Investor Education
For Investor Inquiries: ASC Public Inquiries
Toll Free 1-877-355-4488