| THE SECURITIES ACT | ) |
Order No. 5827 |
) |
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| Section 19(5) | ) |
December 17, 2008 |
TRICLEAN ENTERPRISES INC.
WHEREAS:
(A) On October 6, 2008, The Manitoba Securities Commission ("Commission") issued a Notice of Hearing ("Notice"), by reason of the allegations set out in the Statement of Allegations of staff of the Commission dated October 6, 2008 ("Statement of Allegations"), giving notice of its intention to hold a hearing to consider, inter alia, whether or not it was in the public interest to grant an order pursuant to subsection 19(5) of The Securities Act ("Act") with respect to TRICLEAN ENTERPRISES INC. ("TRICLEAN");
(B) The first returnable date of the matter was December 17, 2008;
(C) Upon hearing the submissions of counsel for staff of the Commission, no one appearing for the respondent, and upon reviewing the Affidavit of Service, filed, and being satisfied as to service upon the respondent, the Commission is of the opinion that it is in the public interest to make this interim order.
IT IS ORDERED:
1. THAT, pursuant to sections 19(5) and 146(2) of the Act:
(a) subsection 19(1) of the Act does not, with respect to such trades referred to in those sections, apply to TRICLEAN; and
(b) subsection 19(2) of the Act does not, with respect to such securities referred to in that section, apply to TRICLEAN,
until this matter has been heard by a panel of the Commission and a decision is rendered.
2. THAT the hearing of this matter before a panel of the Commission be set for five days from June 1, 2009 through to June 5, 2009 inclusive commencing each day at 9:00 a.m., to which time this matter is adjourned.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement