CALGARY, Feb. 10, 2017 /CNW/ - The Alberta Securities Commission (ASC) has issued a 15-day halt trade order that stops all trading in securities and derivatives of Horizon Minerals Corp., which is quoted for trading in the United States on the OTC Link under the symbol HZNM:QB.
The halt trade order was issued because the ASC's Executive Director "considers that there are unexplained and unusual fluctuations in the volume of trading in, and market price of, securities and derivatives of Horizon" and that it is "in the public interest to halt trading of the securities and derivatives of Horizon."
The order is in effect until end of day March 3, 2017, or until revoked by the Executive Director, whichever comes 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