Friday, May 21, 2010

BCSC revoked the CTO (per Century`s AGM circular, pg 23)

At the time the circular was printed, no update was given about the status of the Quebec regulatory. Online documents now show that Quebec has since revoked its CTO also, but no official word in the circular about Quebec due likely to print cutoff timing. It now comes down to the TSX-V going through the entire processing of collecting all the valid documents, resetting the systems to allow trading to occur again and communicating with all the necessary parties to give the green light (and timing). I see that that blog posters are suggesting that the green light is next Tuesday.

Here is the comment from Century`s AGM Cirular:

``On May 12, 2010 the Company announced that the BCSC had invoked a cease trade order with respect to the Company’s shares as a result of the Company’s failure to file its annual financial statements and management’s discussion and analysis for the year ended December 31, 2009. As of the date of this Circular, the Company has filed its annual filings for 2009 and the BCSC has revoked the cease trade order.``

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