Life Sciences Institute Inc.

Life Sciences Institute Inc.

December 08, 2010 14:15 ET

Life Sciences Files Third Quarter Financial Statements

CALGARY, ALBERTA--(Marketwire - Dec. 8, 2010) - Life Sciences Institute Inc. (TSX VENTURE:LSN) (the "Corporation") announces that, as of December 6, 2010, it has filed its interim financial statements and management's discussion and analysis (collectively, the "Filings") for the period ended September 30, 2010. 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. As a result of the late Filings, the Alberta Securities Commission issued a cease trade order against the securities of the Corporation as of December 3, 2010. 

On December 6, 2010, the Corporation submitted a revocation application under National Policy 12-202 to the Alberta Securities Commission seeking the revocation of the cease trade order. Further, on December 7, 2010 the Corporation submitted a reinstatement application to the TSX Venture Exchange seeking reinstatement of trading on 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