| THE SECURITIES ACT | ) |
Order No. 2987 |
) |
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| Section 148 | ) |
July 11, 2000 |
NPS ALLELIX CORP.
WHEREAS:
(A) NPS Allelix 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 August 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 & 6 Months Period ended November 30, 1999 and February 29, 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 July 11, 2000 to July 25, 2000, both dates inclusive, or until such earlier date as:
(a) the Issuer files a copy of the Financial Statements; and
(b) the Issuer submits a written request to the Commission to have this order revoked.
DIRECTOR