Life Sciences Institute Inc.

Life Sciences Institute Inc.

December 24, 2010 09:00 ET

Life Sciences Announces Revocation of Cease Trade Order

CALGARY, ALBERTA--(Marketwire - Dec. 24, 2010) - Life Sciences Institute Inc. (TSX VENTURE:LSN) (the "Corporation") announces that the Alberta Securities Commission ("ASC") has revoked its cease trade order dated December 3, 2010 (the "Cease Trade Order") issued as a result of the late filing of the Corporation's interim financial statements and management's discussion and analysis for the period ended September 30, 2010 (the "Filings").

The Filings were prepared prior to the filing deadline of November 29, 2010 and forwarded to its agent for filing; however, due to a computer malfunction at the agent's office, they were not filed on SEDAR. 

The Corporation's previously announced application to the TSX Venture Exchange seeking reinstatement of trading on the TSX Venture Exchange has been updated with the ASC's revocation order and is now under final review by the TSX Venture Exchange.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Life Sciences Institute Inc.
    Robert C. Thomas
    President and Chief Executive Officer
    (403) 247-4319