IIROC Trading Halt - EFN.N; EFN.PR.G

TORONTO, May 29, 2015 /CNW/ - The following issues have been halted by IIROC:

Company: Element Financial Corporation SUBSCRIPTION RECEIPTS

TSX Symbol: EFN.N

Reason: Pending Closing

Halt Time (ET): 7:56 AM ET

Company: Element Financial Corporation
6.50% CUMULATIVE 5-YEAR RATE RESET
PREFERRED SHARES, SERIES G

TSX Symbol: EFN.PR.G

Reason: Pending Closing

Halt Time (ET): 7:56 AM ET

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

For further information: IIROC Inquiries 1-877-442-4322 (Option 2) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.