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The Investment Industry Regulatory Organization of Canada (IIROC) the national self-regulatory organization which oversees all investment dealers and trading activity, has informed all Brokerage Firms that all buy and sell orders for BE Resources Inc (ticker: BER) transacted on Friday, July 22, 2011 will be cancelled. On Friday, July 22, 2011 the company released an erroneous news announcement that contained mathematical errors in their assay results.
As a result, all impacted buy and sell orders will be cancelled the evening of July 25.