CALGARY, Nov. 18 /CNW/ - The Alberta Securities Commission ("ASC") has extended an Interim Cease Trade Order against British Columbia-based Liberty International Mineral Corporation and its President and CEO Leonard Allen Lindstrom. The Interim Cease Trade Order remains in effect until a hearing into this matter is concluded and a decision is rendered, or until otherwise ordered by the ASC.
The ASC originally issued an Interim Cease Trade Order on November 2, 2009 after an ASC panel heard evidence from ASC staff that Liberty International Mineral and Leonard Allen Lindstrom engaged in illegal distributions of Liberty International Mineral securities in Alberta.
The extended Interim Cease Trade Order prohibits all trading in or purchasing of Liberty International Mineral securities and any trading in securities or use of securities law exemptions by Liberty International Mineral or by Leonard Allen Lindstrom.
Copies of the Interim Cease Trade Order, Extension Order and Notice of Hearing are 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 markets.
SOURCE Alberta Securities Commission
For further information: For further information: For Media Inquiries: Mark Dickey, Senior Communications Advisor, (403) 297-4481; For Investor Inquiries: ASC Public Inquiries, Toll Free 1-877-355-4488