| THE SECURITIES ACT | ) |
Order No. 5751 |
) |
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| Section 148 and 148.3 | ) |
August 13, 2008 |
RALPH BROMLEY
WHEREAS:
(A) On January 29, 2007, the Executive Director of the British Columbia Securities Commission (“BCSC”) entered into a settlement (“Settlement”) with Ralph Bromley (“BROMLEY”) and made an order against him (“BCSC Order”);
(B) In the Settlement, BROMLEY consented to any securities regulator in Canada relying upon the facts admitted in the Settlement solely for the purpose of making an order similar to the one contemplated in the Settlement;
(C) On June 9, 2008, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) with respect to BROMLEY;
(D) BROMLEY has consented to the issuance of this Order and has waived his right to a full hearing;
(E) 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 of the Act, BROMLEY cease trading in securities until January 29, 2012.
2. THAT, pursuant to section 148.3 of the Act, BROMLEY resign any position he may hold as a director or officer of any issuer, and is prohibited from becoming or acting as a director or officer of any issuer, until January 29, 2012, except that he may continue to act as a director or officer of the following privately held companies: Philup McCartridge Ltd. and Freedom Water Co.
3. THAT BROMLEY will not engage in investor relations activities until January 29, 2012.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement