Allana Potash Clarifies February 9, 2011 Trading Activity
TORONTO, ONTARIO, Feb. 9, 2011 (Marketwire) --
Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or "the Company"), announces that the Investment Industry Regulatory Organization of Canada ("IIROC"), the regulation services provider of the TSX Venture Exchange, has ruled that all trades in the common shares of Allana that took place between 11:26:27 a.m. and 11:31:50 a.m. on February 9, 2011 at prices below CAD $1.76 per share will be re-priced to CAD $1.76 per share. The ruling is being made by IIROC on the basis that the trades were unreasonable.
The Company remains encouraged by the success of the exploration program ongoing at its Ethiopian potash project and will continue to update investors as additional results become available.
I hope this will not tarnish the interview tomorrow on BNN. Sure there will be question to answer.
What ur thoughts?
