More Details On Cease Trade Order Citation: 2014 BCSECCOM 164 Cease Trade Order
AFG Flameguard Ltd., Alaska Hydro Corporation, Alston Energy Inc., American Natural Energy Corporation, Arrowstar Resources Ltd., BacTech Environmental Corporation, BioExx Specialty Proteins Ltd., BNP Resources Inc., Capital DGMC Inc., Caspian Energy Inc., CJL Capital Inc., Cobalt Coal Ltd., Diamond Hawk Mining Corp., Gastem Inc., Genoil Inc., Go Capital I, Inc., Hermes Financial Inc., Hodgins' Auctioneers Inc., Industrialex Manufacturing Corp., Intercept Energy Services Inc., Kirkland Precious Metals Corp., Lovitt Resources Inc., New Guinea Gold Corporation, Nord Resources Corporation, Outback Resources Inc., Pacific Bay Minerals Ltd., Pacific Standard Properties Inc., Pan American Fertilizer Corp., Ponderosa Fund, Poplar Creek Resources Inc., Regent Ventures Ltd., Rodinia Oil Corp., Silver Fields Resources Inc., Silver Shield Resources Corp., Sphere Resources Inc., Sunrise Resources Ltd., Tamerlane Ventures Inc., Threegold Resources Inc., Times Three Wireless Inc., TransEuro Energy Corp. (each referred to separately as the Reporting Issuer) Section 164 of the Securities Act, R.S.B.C. 1996, c. 418 ¶ 1
The Reporting Issuer has not filed:
1. a comparative financial statement for its financial year ended December 31, 2013, as
required under Part 4 of National Instrument 51-102 Continuous Disclosure
Obligations (NI 51-102), and
2. a Form 51-102F1 Management's Discussion and Analysis for the period ended
December 31, 2013, as required under Part 5 of NI 51-102
(the required records). ¶ 2 Under section 164(1) of the Act, the Executive Director orders that all trading in the securities of the Reporting Issuer cease until:
1. it files the required records, completed in accordance with the Act and rules, and
2. the Executive Director revokes this order as it applies to the Reporting Issuer. ¶
3 Despite this order, a beneficial shareholder of the Reporting Issuer who is not, and was
not at the date of this order, an insider or control person of that Reporting Issuer, may
sell securities of the Reporting Issuer acquired before the date of this order, if:
1. the sale is made through a market outside Canada, and
2. the sale is made through an investment dealer registered in British Columbia. ¶ 4 May 8, 2014
Michael L. Moretto, CA, CPA (Illinois) Manager Corporate Finance