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Suspension of trading

20 Dec 2018 16:30

RNS Number : 1819L
HaloSource Corporation
20 December 2018
 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

HaloSource Corporation

("HaloSource" or the "Company")

Suspension of trading

Further to its most recent announcement on 3 December 2018, HaloSource Corporation (HAL.LN, HALO.LN), the global clean water technology company traded on London Stock Exchange's AIM market, today provides the following financing update.

Whilst the Company has continued to explore financing and other strategic options since 3 December 2018, it appears unlikely that any transaction will be sufficient to fund the Company as a going concern. Therefore, the Company has requested and been granted an immediate suspension of trading of the Company's common shares on AIM.

 

Enquiries:

 

HaloSource, Inc.

James Thompson, Chief Executive Officer

+1 425 419 2257

Craig Crowell, Chief Financial Officer

+1 425 419 2248

WH Ireland Limited (NOMAD and Broker)

Chris Fielding / Chris Viggor

+44 (0)20 7220 1666

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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12th Oct 20123:00 pmRNSShareholder approval for Placing of £16 million
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14th Jun 20127:00 amRNSGreen Technology Expands into Indonesia
27th Apr 20127:00 amRNSResult of Annual General Meeting
25th Apr 20127:00 amRNSDirector Dealing Announcement
17th Apr 20127:00 amRNSHalosource Signs First Strategic Chinese Partner
23rd Mar 20127:00 amRNSDirector/PDMR Shareholding
22nd Mar 20122:59 pmRNSDirector/PDMR Shareholding
22nd Mar 20122:57 pmRNSDirector Dealings
13th Mar 20127:00 amRNSPreliminary Results
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