Rare Earth Minerals PLC: Mexico Lithium Project JV Partner Trading Halt in Canada
November 4, 2013 (Source: Rare Earth Minerals PLC) — Rare Earth Minerals plc (AIM: REM) advises that’s its JV partner in the Fleur – El Sauz Lithium Project in northern Mexico, Bacanora Mineral Ltd (“Bacanora”) have this morning requested a Trading Halt of their shares on the Canadian Exchange.
Bacanora’s Release states:
IIROC Trading Halt – BCN
VANCOUVER, Nov. 4, 2013 /CNW/ – The following issues have been halted by IIROC:
Company: Bacanora Minerals Ltd.
TSX-Venture Symbol: BCN
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Reason: At the Request of the Company Pending News
Halt Time (ET): 8:00 AM ET
The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC)
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