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

Jun 30, 2008


    TORONTO, June 30 /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: 10:12 am 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.