Orders and Exemptions

Decision Information

Decision Content

THE MAN ITO BA SECURITIES THE SECURITIES ACT ) Order No. 6735 COMMISSION ) Sections 148, 19(5), and 148.3 ) May 29, 2013 ALBERTA ENERGY CORP., DRAGO GOLD CORP., DAVID C. CAMPBELL, AND JULIAN M. SYLVESTER WHEREAS: (A) On January 6, 2011, the Ontario Securities Commission ("OSC") issued an order against Alberta Energy Corp., Drago Gold Corp ., David C. Campbell, Julian M. Sylvester, and others ("OSC Order"); (B) On April 4, 2013, 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 section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended ("Act") with respect to Alberta Energy Corp. ("ALBERTA ENERGY"), Drago Gold Corp. ("DRAGO"), David C. Campbell ("CAMPBELL"), Julian M. Sylvester ("SYLVESTER") and/or others; (C) This hearing matter came before a panel of the Commission on May 29, 2013; (D) Upon reviewing the documentary evidence and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondents ALBERTA ENERGY, DRAGO, CAMPBELL and SYLVESTER, and upon reviewing the Affidavits of Service, filed, and being satisfied as to service upon the respondents, 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, ALBERTA ENERGY, DRAGO, CAMPBELL and SYLVESTER cease trading in securities permanently. 2. THAT, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to each of ALBERTA ENERGY, DRAGO, CAMPBELL and SYLVESTER permanently. 3. THAT, pursuant to section 148.3 of the Act, CAMPBELL and SYLVESTER immediately resign all positions each may hold as a director or officer 500-4(1(l SL Mary Avtmue, 'WinnipeJ.:, Manitoba RJC 4K5 tel : (Z04) '145.2548 fax: (204) 945 .0JJO W\VW.msq:ov.mb.ca
of any issuer and be prohibited permanently from becoming or acting as a director or officer of any issuer. BY ORDER OF THE COMMISSION 2 Director
 You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.