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WALTON WESTPHALIA DEVELOPMENT CORPORATION ANNOUNCES REVOCATION OF CEASE TRADE ORDER

2018/05/11

CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) is pleased to announce the revocation of the cease trade order (“CTO”) previously issued by the Alberta Securities Commission and the Ontario Securities Commission (the “Commissions”) on May 4, 2018, and disclosed in the Corporation’s press release dated May 9, 2018. The CTO was issued as the Corporation did not file its financial statements for the fiscal year-ended December 31, 2017, the related management’s discussion and analysis and its officer certifications for the fiscal year-ended December 31, 2017 (collectively, the “Annual Filings”) by April 30, 2018. The Corporation rectified the continuous disclosure default and completed the filing of its Annual Filings on May 9, 2018, and the Commissions revoked the CTO on May 11, 2018 as a result of the filings.