In the news release, IIROC Trading Halt - CHR, issued 23-Oct-2020 by Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions over CNW, the halt reason should have been 'Pending News' rather than 'Pending Closing' as incorrectly transmitted by CNW. The complete, corrected release follows:

IIROC Trading Halt - CHR

TORONTO, Oct. 23, 2020 /CNW/ - The following issues have been halted by IIROC:

Company: Chorus Aviation Inc.

TSX Symbol: CHR

All Issues: Yes

Reason: Pending News

Halt Time (ET): 1:08 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

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