Matrikon(TM) clarifies trading halt and management cease trade order
EDMONTON, April 16 - Matrikon Inc. (TSX: MTK) has had trading in
its shares halted by the Investment Industry Regulatory Organization of Canada
("IIROC") prior to market open today as a result of an administrative error.
Yesterday, Matrikon announced that a Management Cease Trade Order ("MCTO") had
been granted by the Alberta Securities Commission ("ASC") due to the late
filing of the second quarter financial statements and other related filings.
Communication between the ASC and IIROC called the order a CTO (Cease
Trade Order), thus IIROC halted trading while awaiting confirmation from ASC.
Once that confirmation is received, trading will resume.
As stated yesterday, Matrikon will report consolidated results for Q2-09
on Saturday, April 18, 2009. A conference call will be held on Monday, April
20 at 8:30 am ET (6:30 am MT).
To participate live, call 416-644-3414 in the Toronto area and
1-800-733-7560 for all other areas.
A replay will be available until midnight, May 10, 2009. To access the
playback service, please dial 416-640-1917 in Toronto or 1-877-289-8525
elsewhere, reservation number 21302363 followed by the number sign.
The conference call will also be webcast and podcast at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2605460
Matrikon is a registered trademark of Matrikon Inc.
For further information:
Nicole Sayler,
Corporate Communications Director,
(780) 945-4010,
1-877-628-7456 x 4010,
Email: nicole.sayler@matrikon.com