Remarks C02225-2016

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Xurpas Inc.X

PSE Disclosure Form 4-33 - Voluntary Trading Halt

Subject of the Disclosure

Request for temporary trading halt

Background/Description of the Disclosure

A special meeting of the Corporation's Board of Directors has been called, during which meeting certain matters will be presented for approval.

For this reason, the Corporation would like to respectfully request the Exchange that a temporary trading halt be implemented beginning 9:00 a.m. on Tuesday.

Stock Symbol(s) of Affected Securities

X

Trading Halt Details
Execution Date Apr 26, 2016
Execution Time 9:00 a.m.
Lifting Date TBA
Lifting Time TBA
Reason(s) for the request

This is in anticipation of some announcements that will be made after the said meeting of the Board of Directors to address the Corporation's liquidity, which may materially affect market activity as well as the trading prices of its common shares on the Exchange.

Other Relevant Information

N/A

Filed on behalf by:
Name Mark Gorriceta
Designation Assistant Chief Information Officer