MedX Reports Lifting of Cease Trade Order By Ontario Securities Commission
08 Mayo 2012 - 8:42PM
PR Newswire (Canada)
MedX Shares May Be Trading Within 2-3 days After Exchange Review
MISSISSAUGA, ON, May 9, 2012 /CNW/ - MedX Health Corp., (TSXV.MDX)
a global leader in drug free, non-invasive low level laser light
therapy and light imaging systems, today announced the company has
been notified by the Ontario Securities Commission that the Cease
Trade Order issued May 7, 2012 has been lifted, since the Company
has now filed all financial documents required; however,
reinstatement to trading can occur only after the Exchange has
concluded its reinstatement review to ensure the Company has
satisfactorily complied with Exchange requirements. The
reinstatement review process usually takes a minimum of two (2)
days, and would mean the shares could possibly be trading as early
as next week. About MedX Health Corp. MedX is a twelve (12) year
old Canadian company, headquartered in Mississauga, Ontario
(Toronto), and is a global leader in the design, manufacturing and
distribution of quality low level laser and light therapy
technologies for use in numerous medical settings, including
rehab/chiropractic, dental, wound care, and veterinary medicine,
providing patients with drug free and non-invasive treatment of
tissue damage and pain. MedX laser and light products are FDA
approved, Health Canada cleared, and CE Mark approved for use in
North America as well as the European Union. MedX Health
acquired the worldwide assets of MoleMate, for early detection of
skin cancer, in June, 2011. For a complete profile of
MoleMate and the core technologies visit www.simsys-molemate.com.
This press release does not constitute an offer of any securities
for sale. This press release contains certain forward-looking
statements within the meaning of applicable Canadian securities
legislation. These forward-looking statements involve certain
risks and uncertainties that could cause actual results to differ,
including, without limitation, the company's limited operating
history and history of losses, the inability to successfully obtain
further funding, the inability to raise capital on terms acceptable
to the company, the inability to compete effectively in the
marketplace, the inability to complete the proposed acquisition and
such other risks that could cause the actual results to differ
materially from those contained in the company's projections or
forward-looking statements. All forward-looking statements in
this press release are based on information available to the
company as of the date hereof, and the company undertakes no
obligation to update forward-looking statements to reflect events
or circumstances occurring after the date of this press release.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this press
release. MedX Health Corp. CONTACT: Contacts:Investors:Steve
GuillenPresident and Chief Executive OfficerMedX Health Corp.
investor@medxhealth.comPhone: (905) 670-4428
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