TSX Venture Exchange Cease Trade Order

VANCOUVER, May 11, 2015 /CNW/ -

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 11, 2015
TSX Venture Companies

A Cease Trade Order has been issued by the Ontario Securities Commission on May 11, 2015 against the following companies for failing to file the documents indicated within the required time period:

Symbol	Tier	Company	Failure to File	Period
				Ending
				(Y/M/D)
PXL	2	Palliser Oil & Gas Corporation	Audited annual financial statements
			for the year ended	14/12/31
			Management's discussion and
			analysis relating to the audited
			annual financial statements for
			the year ended	14/12/31
			Certification of the foregoing filings
			as required by National Instrument
			52-109 Certification of Disclosure in
			Issuers' Annual and Interim Filings
RED	2	Redwater Energy Corp	Audited annual financial statements
			for the year ended	14/12/31
			Management's discussion and
			analysis relating to the audited
			annual financial statements for
			the year ended	14/12/31
			Certification of the foregoing filings
			as required by National Instrument
			52-109 Certification of Disclosure in
			Issuers' Annual and Interim Filings

Upon revocation of the  Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.

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SOURCE TSX Venture Exchange

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