MPL Comments on TSX Venture Exchange Trading Halt
September 29 2009 - 11:36PM
Marketwired
MPL Communications Inc. (TSX VENTURE: MPZ) advises that trading in
its common shares was halted this afternoon by the TSX Venture
Exchange.
The TSXV instituted a compliance review of MPL's affairs in
early September, expressing dissatisfaction with elements of MPL's
corporate governance practices and continuous disclosure. MPL does
not agree with the TSX's position and gave a full response by the
requested response date. The TSXV replied that MPL's response was
neither complete nor satisfactory. MPL disagrees but intends to
work with the TSXV towards a resumption of trading. A further
announcement will be made as events require it.
MPL is an internationally recognized independent investment
advisory publisher of nine investment advisory newsletters, an
investment newspaper published twice monthly, an investment
advisory web site and an on-line equity research service. MPL also
publishes two non-financial newsletters for health and dental
professionals. Almost all subscribers are located in Canada.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: MPL Communications Inc. Stephen D. Pepper Chairman
416-869-1177 spepper@mplcomm.com
Mpl Communications (Tier2) (TSXV:MPZ)
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