CIRO halts trading of Alphamin Resources Corp. amid pending news
- Trading for Alphamin Resources Corp. was halted by CIRO on March 13, 2025, at 7:37 AM ET.
- The halt was implemented due to pending news that could affect stock value.
- CIRO aims to ensure a fair market, and trading can resume once the news is disclosed.
On March 13, 2025, the Canadian Investment Regulatory Organization (CIRO) announced that it had halted trading for Alphamin Resources Corp., a company listed on the TSX-Venture under the symbol AFM. The halt was implemented at 7:37 AM ET, and it was categorized as a pending news halt. Such halts are part of CIRO's mandate to maintain a fair and orderly market within the Canadian investment space, ensuring that all market participants have access to material information before trading resumes. CIRO's decision reflects its role as the national self-regulatory organization overseeing trading activities in Canada, including both debt and equity markets. The reason for the halt remains unspecified but indicates that a significant announcement concerning Alphamin is anticipated, which may have implications for its stock price and investor sentiment.