Arehada Mining Limited

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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