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CIRO Halts Trading of Lithium Ionic Corp (LTH) Awaiting News

VANCOUVER, BC, April 12, 2024 – The Canadian Investment Regulatory Organization (CIRO) has halted trading for Lithium Ionic Corp (LTH) due to pending news. The halt on all issues came into effect at 8:43 AM ET.
CIRO occasionally imposes trading halts to maintain a fair and orderly market. As Canada’s national self-regulatory body, CIRO monitors investment dealers and trading on the country’s debt and equity markets.

Reason for the Trading Halt

The trading suspension of Lithium Ionic Corp (LTH) on the TSX-Venture exchange is due to the anticipation of significant news from the company.

Impact of Trading Halts

Trading halts safeguard investors by preventing trading on insider or significant undisclosed information. CIRO enforces these suspensions to ensure transparency and fairness in the market.

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