Orders and Exemptions

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THE SECURITIES ACT
)
Order No. 5679
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Section 148 and 148.3
)
April 23, 2008

 

CAMERON KUIPERS, ULTIMATE VENTURES INC.,
and TRIVERA INVESTMENTS INC.

WHEREAS:

(A) On November 30, 2006, the Executive Director of the British Columbia Securities Commission (“BCSC”) entered into a settlement (“Settlement”) with Cameron Kuipers (“KUIPERS”), ULTIMATE VENTURES INC., and TRIVERA INVESTMENTS INC. and made an order against them (“BCSC Order”);

(B) In paragraph 5 of the Settlement, entitled Consent to Reciprocal Orders, each of KUIPERS, ULTIMATE VENTURES INC., and TRIVERA INVESTMENTS INC. consented to any securities regulator in Canada relying on the facts admitted in the Settlement solely for the purpose of making an order similar to that contemplated in the Settlement;

(C) The Manitoba Securities 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 KUIPERS, ULTIMATE VENTURES INC., and/or TRIVERA INVESTMENTS INC.;

(D) KUIPERS, ULTIMATE VENTURES INC., and TRIVERA INVESTMENTS INC. advised in advance of the hearing date that they were not contesting the issuance of this Order and would not be appearing and have waived their respective rights to a full hearing;

(E) Upon hearing the submissions of counsel for staff of the Commission, no one appearing for the respondents, and upon reviewing the Affidavit of Service, filed, 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, KUIPERS, ULTIMATE VENTURES INC., and TRIVERA INVESTMENTS INC. cease trading in securities commencing forthwith until November 29th, 2022, except that KUIPERS may purchase or trade securities in one registered retirement savings account and one cash account in his name held with a registered dealer provided KUIPERS first delivers a copy of this Order to the registered dealer.

2. THAT, pursuant to section 148.3 of the Act, KUIPERS resign any position he may hold as, and is prohibited from becoming or acting as, a director or officer of any issuer until the later of:

(a) November 29th, 2022; and

(b) KUIPERS successfully completes a course of study satisfactory to the Executive Director of the BCSC concerning the duties and responsibilities of directors and officers;

except that KUIPERS may be a director and officer of 0775127 B.C. Ltd., a private issuer, provided that he is the sole shareholder of that issuer and it does not engage in any investor relations activities until after November 29th, 2022.

3. THAT KUIPERS, ULTIMATE VENTURES INC., and TRIVERA INVESTMENTS INC. not engage in any investor relations activities until after November 29th, 2022.

BY ORDER OF THE COMMISSION

Director, Legal and Enforcement

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