Arehada Mining Limited
TSX : AHD

Arehada Mining Limited

April 07, 2011 14:37 ET

Arehada Subject to Temporary Cease Trade Order

TORONTO, ONTARIO--(Marketwire - April 7, 2011) - Arehada Mining Limited ("Arehada" or the "Company")(TSX:AHD) reports that a temporary cease trade order was issued by the Ontario Securities Commission (the "Commission") on April 6, 2011 due to the fact that the Company failed to file the audited financial statements for the year ended December 31, 2010, accompanying management's discussion and analysis, annual information form and related CEO and CFO certifications, as required by Ontario securities law.

Pursuant to the temporary order, effective immediately, all trading in the securities of the Company, whether direct or indirect, shall cease for a period of 15 days from the date of the order.

The Commission also gave notice that if the default continues, a hearing will be held to consider whether an order should be made that all trading in the securities of the Company cease permanently or for such period as is specified in such order by reason of the continued default.

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The above contains forward looking information that is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Generally, forward looking information can be identified by the use of forward looking terminology such as "plans", "expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Although we believe the expectations reflected in our forward looking information are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Readers should not place undue reliance on forward looking information.

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