Redline Communications Provides Update on Halt Trade Notification
TORONTO, Nov. 8, 2018 /CNW/ - Trading of the common shares of Redline Communications Group Inc. (the "Company") (TSX: RDL) 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, 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 October 14 and did not include the year, the Company believes that a clarification was necessary to ensure that investors would not be led to believe that this was an October 14, 2018 press release.
About Redline Communications
Redline Communications (www.rdlcom.com) designs and manufactures powerful wide-area wireless networks for mission-critical applications in challenging locations. Redline networks are used by Oil & Gas companies onshore and offshore, Mining companies on surface and underground operations, by municipalities to remotely monitor infrastructure, and by specialized telecom service providers to deliver premium services. Thousands of businesses worldwide rely on Redline to engineer, plan and deliver ruggedized, secure and reliable networks for their IoT, voice, data, and video communications needs. For more information visit www.rdlcom.com.
SOURCE Redline Communications Group Inc.
Redline Contacts: Joan Ritchie, Chief Financial Officer, +1-905-479-8344, [email protected]; Cory Pala, Investor Relations, +1-416-657-2400, [email protected]
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