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THE SECURITIES ACT |
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Order No. 7141 |
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Sections 148 and 148.3 |
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June 23, 2015 |
ALEXANDER ANDERSON
WHEREAS:
(A) On August 19, 2014, the British Columbia Securities Commission (“BCSC”) issued a Decision against Alexander Anderson (“BCSC Decision”);
(B) On March 12, 2015, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) whether or not it was in the public interest to grant orders pursuant to sections 148 and 148.3 of the Act with respect to Alexander Anderson (“ANDERSON”);
(C) ANDERSON, self-represented, has consented to the issuance of this order and has waived his right to a full hearing;
(D) The Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 148.3 of the Act, ANDERSON resign any position he holds as a director or officer of an issuer, other than Bull Moose Mines Limited.
2. THAT, pursuant to sections 148 and 148.3 of the Act, until the latest of August 19, 2016, the date upon which the Director of the Commission has received confirmation that ANDERSON has paid to the BCSC the administrative penalty ordered in paragraph 72(11) of the BCSC Decision, and the date upon which he successfully completes a director and officer course, ANDERSON:
(a) cease trading in securities, except that he may trade securities for his own account through a registrant, if he first gives the registrant a copy of this order;
(b) be prohibited from becoming or acting as a director or officer of any issuer, other than Bull Moose Mines Limited provided that it does not engage in capital raising activities in Manitoba.
BY ORDER OF THE COMMISSION
Director