CALGARY, AB, June 29, 2020 /CNW/ - The Alberta Securities Commission (ASC) has issued a 15-day halt trade order that stops all trading in securities and derivatives of SoftLab9 Software Solutions Inc., which is quoted for trading in Canada on the Canadian Securities Exchange under the symbol SOFT.
The ASC may issue a halt trade order in certain situations, including when it considers that there are unexplained and unusual fluctuations in the volume of trading in, and market price of, an issuer's securities or when it considers that circumstances exist or are about to occur that could result in other than an orderly trading of a security.
The order is in effect until end of day July 20, 2020, 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: Theresa Schroder, Senior Communications Advisor, 587.830.4286; For Investor Inquiries: ASC Public Inquiries, Toll Free ,1.877.355.4488