Red­line in­ves­ti­gates re­cir­cu­la­tion of old news re­lease

Stockwatch Daily - - TECHNOLOGY & TELECOM - Ms. Joan Ritchie re­ports

TRAD­ING OF the com­mon shares of Red­line Com­mu­ni­ca­tions Group Inc. on the Toronto Stock Ex­change was tem­po­rar­ily halted this morn­ing af­ter the com­pany was made aware of a re­cir­cu­la­tion of a pre­vi­ously is­sued press re­lease from 2010. The re­lease, which is en­ti­tled, “Red­line Part­ners with In­ter­ac­tive Com­mu­ni­ca­tions Group to De­liver Na­tion­wide Pub­lic Safety Net­work through­out Pak­istan,” was orig­i­nally is­sued and filed on SEDAR on Oct. 14, 2010. The cause and source of the re­cir­cu­la­tion of the re­lease is be­ing in­ves­ti­gated. Given that the press re­lease only made ref­er­ence to Oct. 14 and did not in­clude the year, Red­line Com­mu­ni­ca­tions Group be­lieves that a clar­i­fi­ca­tion was nec­es­sary to en­sure that in­vestors would not be led to be­lieve that this was an Oct. 14, 2018, press re­lease.

About Red­line Com­mu­ni­ca­tions Group Inc. Red­line Com­mu­ni­ca­tions Group de­signs and man­u­fac­tures pow­er­ful wide-area wire­less net­works for mis­sion-crit­i­cal ap­pli­ca­tions in chal­leng­ing lo­ca­tions. Red­line Com­mu­ni­ca­tions Group net­works are used by oil and gas com­pa­nies on­shore and off­shore; min­ing com­pa­nies on sur­face and un­der­ground oper­a­tions; mu­nic­i­pal­i­ties to re­motely mon­i­tor in­fra­struc­ture; and spe­cial­ized tele­com ser­vice providers to de­liver pre­mium ser­vices.

John Brunette, Eric A Demirian, David John Roberts, Nizar Jaf­fer Somji, Stephen Joseph Sorocky, Robert Lloyd Wil­liams

(RDL) Shares: 17,215,469

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