In the news release, IIROC Trading Halt - AVM, issued 08-Mar-2016 by Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions, pls note that the halt time should read "2:58 PM" not "2:38 PM" The complete, corrected release follows:
TORONTO, March 8, 2016 /CNW/ - The following issues have been halted by IIROC:
Company: Avarone Metals Inc.
CSE Symbol: AVM (all issues)
Reason: Pending News
Halt Time (ET): 2:58 PM
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCEInvestment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions