Investment Industry Regulatory Organization of Canada - Trading Halt - Velan Inc. - VLN


    TORONTO, July 21 /CNW/ - The following issues have been halted by
Investment Industry Regulatory Organization of Canada (IIROC):

    Issuer Name: Velan Inc.
    TSX Ticker Symbol: VLN
    Time of Halt: 12:24pm ET
    Reason for Halt: Pending News

For further information:

For further information: contact - IIROC Inquiries (416) 646-7299 - *
Please note that IIROC is not able to provide any additional information
regarding a specific trading halt. Information is limited to general enquiries
only.