Tudor Corporation Ltd.

October 02, 2007 13:07 ET

Tudor Announces Management Cease Trade Orders

CALGARY, ALBERTA--(Marketwire - Oct. 2, 2007) - Tudor Corporation Ltd. (TSX:TDR) (the "Corporation") announces that, further to the Corporation's application under CSA Staff Notice 57-301 and OSC Policy 57-603 requesting that a Management Cease Trade Order rather than an Issuer Cease Trade Order be imposed in respect of the late filing of the Corporation's financial statements, Annual Information Form, 51-101 Forms F1, F2 and F3 for the year ending June 30, 2007 (as announced by press release on September 24, 2007), the Alberta Securities Commission, on October 1, 2007, has granted a Temporary Cease Trade Order in respect of each individual that is, or was, at any time since the end of the period covered by the last financial statements filed by the Corporation a director, officer or other insider of the Corporation who, during that time, had or may have had, access to material information with respect to the Corporation that has not been generally disclosed.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Such forward-looking statements or information are based on a number of assumptions which may prove to be incorrect. Although Tudor believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on such forward-looking statements because Tudor can not give assurance that such expectations will prove to be correct.

The TSX Inc. does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Tudor Corporation Ltd.
    Lionel Conn
    (403) 250-7225
    (403) 291-5146 (FAX)
    Tudor Corporation Ltd.
    2929 - 15 Street NE
    Calgary, AB T2E 7L8