Halt Trade Orders

The BC Securities Commission may issue a Halt Trade Order under certain circumstances, including:

• Unexplained and unusual trading fluctuations
• Undisclosed information that may cause unusual trading fluctuations
• Undisclosed material changes
• Other circumstances that could result in disorderly trading of an issuer’s securities

A Halt Trade Order is temporary, prohibiting all securities trading, including trading through an exchange, securities issuances by issuers and private transactions. Halt Trade Orders may remain in effect for no more than 15 business days, subject to extension.