Redline investigates recirculation of old news release
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
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