ASC files withdrawal against Poseidon Concepts Corp.

CALGARY, Dec. 5, 2013 /CNW/ - The Executive Director of the Alberta Securities Commission (ASC) has withdrawn allegations contained in a September 20, 2013 Notice of Hearing involving Poseidon Concepts Corp.

A copy of the Notice of Withdrawal has been posted to the ASC website at www.albertasecurities.com

The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors.  As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

SOURCE: Alberta Securities Commission