GLG Life Tech Corporation Announces Revocation Orders Issued by Ontario and Manitoba Securities Commissions
28 6월 2013 - 3:56AM
GLG Life Tech Corporation (TSX:GLG) ("GLG" or the "Company"), a
vertically-integrated leader in the agricultural and commercial
development of high quality stevia, announces that the Ontario
Securities Commission and the Manitoba Securities Commission have
issued revocation orders on June 27, 2013 and June 17, 2013
respectively relating to their respective cease trade orders issued
on May 16, 2012 and July 9, 2012.
We expect that the Company's shares will resume trading on the
Toronto Stock Exchange shortly.
Forward-looking statements: This press release contains certain
information that may constitute "forward-looking statements" and
"forward looking information" (collectively, "forward-looking
statements") within the meaning of applicable securities laws. Such
forward-looking statements include, without limitation, statements
evaluating the market, potential demand for stevia and general
economic conditions and discussing future-oriented costs and
expenditures. Often, but not always, forward-looking statements can
be identified by the use of words such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes" or variations of such words and phrases
or words and phrases that state or indicate that certain actions,
events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved.
While the Company has based these forward-looking statements on
its current expectations about future events, the statements are
not guarantees of the Company's future performance and are subject
to risks, uncertainties, assumptions and other factors which could
cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. Such
factors include amongst others the effects of general economic
conditions, consumer demand for our products and new orders from
our customers and distributors, changing foreign exchange rates and
actions by government authorities, uncertainties associated with
legal proceedings and negotiations, industry supply levels,
competitive pricing pressures and misjudgments in the course of
preparing forward-looking statements. Specific reference is made to
the risks set forth under the heading "Risk Factors" in the
Company's Annual Information Form for the financial year ended
December 31, 2012. In light of these factors, the forward-looking
events discussed in this press release might not occur.
Further, although the Company has attempted to identify factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
As there can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements,
readers should not place undue reliance on forward-looking
statements.
CONTACT: Stuart Wooldridge
Phone: +1 (604) 669-2602 ext 104
Email: ir@glglifetech.com
GLG Life Tech (TSX:GLG)
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GLG Life Tech (TSX:GLG)
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