CSE Bulletin: Suspensions - MGW, PLCN, ASEP, GRCM

On May 7, 2025, the Canadian Securities Exchange (CSE) announced the immediate suspension of four companies in accordance with CSE Policy 3, treating the suspensions as Regulatory Halts under National Instrument 23-101 Trading Rules. The affected companies, which have received Cease Trade Orders from various securities commissions, include:

1. **Maple Leaf Green World Inc. (MGW)** - Under the jurisdiction of the Alberta Securities Commission. 2. **Cannibble Food-Tech Ltd. (PLCN)** - Suspended by the British Columbia Securities Commission. 3. **ASEP Medical Holdings Inc. (ASEP)** - Also under the oversight of the British Columbia Securities Commission. 4. **Geologica Resource Corp. (GRCM)** - Facing suspension from the British Columbia Securities Commission as well.

The regulatory bodies have issued these Cease Trade Orders, which prevent trading in the specified securities until further notice. Market participants are encouraged to stay informed about these developments as the suspensions can significantly impact shareholder value and overall market perception of the involved companies.

For additional details regarding the Cease Trade Orders, stakeholders and interested parties can refer to the Canadian Securities Administrators Cease Trade Order database available at www.securities-administrators.ca. Leniency or resolution of the suspensions is contingent on forthcoming information that may address the regulatory concerns raised by the commissions.

For any inquiries or further information, the CSE listings department can be reached at (416) 367-7340 or via email at Listings@thecse.com. The CSE remains committed to maintaining transparency and upholding regulatory standards to protect investors within the marketplace.

The recent CSE Bulletin highlighting the suspension of four companies—Maple Leaf Green World Inc. (MGW), Cannibble Food-Tech Ltd. (PLCN), ASEP Medical Holdings Inc. (ASEP), and Geologica Resource Corp. (GRCM)—raises significant concerns for investors in the Canadian Securities Exchange landscape. Suspensions due to regulatory halts, particularly linked to Cease Trade Orders issued by various securities commissions, can indicate underlying issues such as financial distress, failure to comply with reporting requirements, or potential fraudulent activities.

For investors, these suspensions serve as red flags. First, they signify that trading of these stocks is currently halted, which can restrict liquidity and increase volatility once trading resumes. The Alberta Securities Commission and the British Columbia Securities Commission's involvement suggests that investor protection is a priority and that rigorous oversight remains paramount in the market.

It's crucial for investors to exercise caution and conduct thorough due diligence. The aforementioned companies, operating in diverse sectors—from cannabis with MGW to food technology with PLCN, and medical holdings with ASEP—demonstrate the breadth of exposure to industry-specific risks. Understanding the reasons behind the regulatory actions is vital; the Cease Trade Order database can be a useful resource for this purpose.

As a market strategist, I advise potential investors to stay clear of these assets until there is a clearer indication of resolution regarding the regulatory issues. Monitoring updates from the CSE and announcements from the affected companies is essential. Moreover, diversifying investments across stable sectors could mitigate risk, especially in a landscape where regulatory scrutiny is increasing. Ultimately, due diligence and market vigilance are the best paths forward amid such uncertainties.