FINRA will or can lift the halt on the USA side after 10 business days if they chose too. Truthfully, I m sure the news release CIRO wants to see with take place first IMO
$TWOH
Love the example used by FINRA:
"For example, FINRA may impose a halt if a stock is listed on a foreign securities exchange and that exchange halts trading in the stock for regulatory reasons, typically due to public interest concerns or for a pending news announcement. In addition, FINRA may halt trading and quotation in an OTC stock if the OTC stock is a derivative or component of a stock listed on a U.S. or foreign exchange and such exchange imposes a trading halt in the listed stock."
"FINRA disseminates a notice of the halt to the marketplace. At that time, broker-dealers may not quote or trade the security until FINRA gives notice that the halt is no longer in effect, or until 10 business days have passed, unless FINRA determines to continue the halt for longer than 10 days."
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