International Softrock Announces Management Cease Trade Order
Calgary, Alberta (FSCwire) - International SoftRock Oil Company Limited (“ISOC” or the “Company”) (TSXV: SOF) announces today that it anticipates not being able to issue its annual financial statements and related management discussion and analysis for the year ended December 31, 2017 (the “Annual Statements”) by the required due date of April 30, 2017. The Corporation continues to take steps to complete the statements and will issue the same once it is able. The Corporation has applied to the Alberta Securities Commission (“ASC”) for a temporary cease trade order that will prohibit the management of the Corporation from trading in the securities of the Corporation until such time as the Annual Statements are issued. No decision has yet been issued by the ASC on this application.
The ASC may grant the application and issue the management cease trade order or it may impose an issuer cease trade order if the Annual Statements are not filed in a timely fashion.
For further information contact:
David Pinkman, Chief Financial Officer
International SoftRock Oil Company Limited
Tel: 1 403 863 6034
Email: dpinkman@softrockoil.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/international04192017.pdf
Source: International SoftRock Oil Company Limited (TSX Venture:SOF)
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