LGC Capital Granted Management Cease Trade Order

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[{"type":"text","content":"\n\n\n\nLGC Capital Granted Management Cease Trade Order\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTRÉAL, Jan. 30, 2019\n\n\n\nMONTRÉAL, Jan. 30, 2019 /CNW Telbec/ - LGC Capital Ltd. (the \"Corporation\" or \"LGC\") (TSXV: LG) announces that its principal regulator, the Autorité des marchés financiers (the \"AMF\"), has accepted the Corporation's request for, and the AMF has granted, a management cease trade order (the \"MCTO\").  As previously announced on January 28, 2019, the application for the MCTO was made by the Corporation due to a delay in the filing of the Corporation's annual audited financial statements for the financial year ended September 30, 2018, the accompanying management's discussion and analysis and the related CEO and CFO certifications (collectively, the \"Required Filings\").\nThe MCTO restricts all trading in securities of the Corporation, whether direct or indirect, by the Chief Executive Officer, the Chief Financial Officer and the directors of the Corporation until such time as the Required Filings have been filed by the Corporation and the MCTO has been lifted. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities. However, the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Corporation affecting all of the securities of the Corporation.\nAs previously announced, the Corporation was not in a position to timely file the Required Filings.  LGC's board of directors and its management confirm that they are working expeditiously to meet the Corporation's obligations relating to the filing of the Required Filings, and the Corporation continues to expect to file the Required Filings no later than February 15, 2019.\nDuring the MCTO, the Corporation confirms that it will comply with the provisions of the alternative information guidelines set out in Policy Statement 12-203 respecting Management Cease Trad...

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