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Bullboard - Stock Discussion Forum Encore Renaissance Resources Corp V.EZ

TSXV:EZ - Post Discussion

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Post by dogger2 on Jun 23, 2010 12:22pm

BCSC Q&A

Question ?
 
 
Hello BCSC ;
 
I'm writing in regard to Encore Renaissance Resources . Encore was cease traded by the BCSC on 03/08/2010 for failure to file . Encore trades on the OTC as well as the Venture and the BCSC's cease trade has an exception in the cease trade that allows shareholders in Canada to sell their shares on the OTC as long as their investment dealer is registered in in British Columbia . The Alberta Securities Commission recently issued a cease trade for Encore as well , however it does not contain the exception that would allow trading on the OCT for those who hold shares in Canada .
 
Is it still possible to sell shares on the OTC ???
 
Regards Dogger
 
 
 
Answer
 
 

Thank you for contacting the British Columbia Securities Commission (BCSC).

If you are a resident of British Columbia, you can sell your Encore Renaissance Resources shares on the OTC or through an investment dealer in British Columbia.

You cannot sell your shares if you are a resident of Alberta.

If you need more help, please contact us again.

British Columbia Securities Commission
PO Box 10142, Pacific Centre
701 West Georgia Street
Vancouver, BC V7Y 1L2
Inquiries@bcsc.bc.ca

604-899-6500 - Main Switchboard
604-899-6854 - Inquiries or Complaints
1-800-373-6393 - Toll Free in Canada
604-899-6506 - Fax


 
 
Comment by dogger2 on Jun 23, 2010 2:39pm
 Question ? Hello BCSC Thank you so much for the prompt responce . I'm wondering how the cease trade orders in BC & Alberta effect the other provinces . Could you still sell shares on the OTC if you reside in Ontario ?? Thanks again ,Dogger  Answer: Thank you for contacting the British Columbia Securities Commission (BCSC) again.British Columbia is the ...more