| THE SECURITIES ACT | ) |
Order No. 2948 |
) |
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| Section | ) |
June 13, 2000 |
GREENSTONE RESOURCES LTD.
WHEREAS:
(A) Greenstone Resources Ltd. (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 31st;
(C) The Issuer has failed to file with The Manitoba Securities Commission (the "Commission") a copy of its Interim financial statements (the "Financial Statements") for the 3 Months Period ended March 31, 2000 as required by section 129(5)[Interim] 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 June 13, 2000 to June 27, 2000, both dates inclusive, or until such earlier date as:
(a) the Issuer files a copy of the Financial Statements to the Commission; and
(b) the Issuer submits a written request to the Commission to have this order revoked.
DIRECTOR