| THE SECURITIES ACT | ) |
Order No. 4456 |
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| Section 148 | ) |
August 18, 2004 |
CABLETEL COMMUNICATIONS CORP.
WHEREAS:
(A) Cabletel Communications Corp. (the "Issuer") is subject to the requirements of Part XII of The Securities Act (the "Act");
(B) The Issuer has a financial year end of December 31;
(C) The Issuer has failed to file with The Manitoba Securities Commission (the "Commission") a copy of its audited annual financial statements for the year ended December 31, 2003 and interim statements for the three-month period ended March 31, 2004 (the “Financial Statements”) as required by sections 120 and 129 of the Act;
(D) On the basis of the foregoing, I am of the opinion that it is in the public interest that trading in the securities of the Issuer should cease forthwith for a period of fifteen days and I am further of the opinion that the holding of a hearing would cause a delay which would be prejudicial to the public interest.
I HEREBY ORDER pursuant to a delegation to me by the Commission under subsection 4(1) of the Act of the powers in that behalf:
1. THAT, pursuant to section 148(1) of the Act, trading in the securities of the Issuer shall cease forthwith for a period of fifteen days from August 18, 2004 to September 1, 2004, both dates inclusive, or until such earlier date as:
(a) the Issuer files a copy of the Financial Statements and pays all outstanding filing fees to the Commission; and
(b) the Issuer submits a written request to the Commission to have this order revoked.
"Bob
Bouchard" |