CALGARY, ALBERTA--(Marketwired - April 9, 2013) -
(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)
Labrador Technologies Inc. (TSX VENTURE:LTX) ("Labrador" or the "Company") announces that the Alberta Securities Commission ("ASC") has issued a Cease Trade Order ("CTO"), effective April 5, 2013, prohibiting the trading of securities of the Company. The CTO was issued as a result of the failure of the Company to file interim unaudited financial statements, interim management's discussion and analysis, and certification of interim filings for the interim period ended 31 January 2013.
The CTO will remain in effect until Labrador files its interim unaudited financial statements, interim management's discussion and analysis, and certification of interim filings for the interim period ended 31 January 2013 and a revocation order is granted by the ASC.
The interim unaudited financial statements, interim management's discussion and analysis, and certification of interim filings for the interim period ended 31 January 2013 were filed on SEDAR at www.sedar.com today and the Company is preparing an application for a revocation order for submission to the ASC.
Labrador® specializes in secure, web-based retrieval software that seamlessly visualizes and maps Oil & Gas data on both mobile devises and the desktop.
Certain information regarding Labrador set forth in this news release, including the application for a revocation order and the filing of the Company's interim filings may constitute forward-looking statements under applicable securities laws and necessarily involve substantial known and unknown risks and uncertainties. The forward-looking statements contained in this document are made as at the date of this news release and Labrador does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Ronald Sterne
CEO
(403) 263-6325