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Peeks Social Receives Cease Trade Order and Suspension From TradingTORONTO, Sept. 13, 2019 (GLOBE NEWSWIRE) -- Peeks Social Ltd. (the "Corporation", or “Peeks”) (TSXV: PEEK, OTCQB: PKSLF) announced that further to its press release dated September 6, 2019, the Ontario Securities Commission (“OSC”) has issued a Cease Trade Order (“CTO”) effective September 9, 2019, against the Corporation for failure to file the following by June 28, 2019:
As a result, the Corporation has received notice from the TSX Venture Exchange (“TSXV”) that trading in the Corporation’s securities has been suspended. TSXV also provided the Corporation with notice that it intends to downgrade the Corporation from Tier 1 to Tier 2 if the Corporation has not been reinstated for trading by eptember 30, 2019. Trading in the Corporation’s securities may only be reinstated once the Corporation has completed the necessary filings, the CTO has been lifted and it has completed an application to TSXV for reinstatement. Th Corporation will provide an update on timing as it becomes available. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release. For further information, please contact:
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