ASC extends temporary trading halt against Robix Environmental Technologies, Inc.

CALGARY, Feb. 23, 2018 /CNW/ - The Alberta Securities Commission (ASC) has extended a February 2, 2018 halt trade order that stopped all trading in securities and derivatives of Robix Environmental Technologies, Inc., which has been quoted for trading in Canada on the Canadian Securities Exchange under the symbol RZX.

The halt trade order was issued because, among other reasons, the ASC's Executive Director had "become aware that information, other than information filed under Alberta securities laws, that when disclosed to the public may cause or is likely to cause unusual fluctuations in the volume of trading in, or the market price of, a security or derivative."  The extension was issued with the Issuer's consent and upon the Executive Director's determination that an extension was necessary and in the public interest.

Trading of Robix will remain halted until any proceeding initiated under the Securities Act is finally determined or otherwise concluded, or until the extension order is terminated, revoked, or varied by the Executive Director, or on application by Robix or any other directly affected party.

A copy of the order can be found on the ASC website at albertasecurities.com.

The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors.  As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

SOURCE Alberta Securities Commission