CALGARY, Oct. 31, 2016 /CNW/ - The Alberta Securities Commission (ASC) has issued a 15-day halt trade order that stops all trading in securities and derivatives of Gold Lakes Corp., which is quoted for trading in the United States on the OTC Link ATS.
The halt trade order was issued because the ASC's Executive Director "considers that circumstances exist or are about to occur that could result in other than orderly trading of security or derivative of Gold Lakes" and that it is "in the public interest to halt trading of the securities and derivatives of Gold Lakes."
The order is in effect until end of day November 18, 2016, or until revoked by the Executive Director, whichever occurs first.
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: For Media Inquiries: Nicole Tuncay, Senior Communications Advisor, 403.297.4008; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488