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THE SECURITIES ACT |
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Order No. 7207 |
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Sections 148, 19(5), and 148.3 |
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October 14, 2015 |
JAMES STUART ADAMS
AND A25 GOLD PRODUCERS CORP.
WHEREAS:
(A) On March 5, 2015, the Ontario Securities Commission (“OSC”) issued an order against James Stuart Adams and A25 Gold Producers Corp. (“OSC Order”);
(B) On August 27, 2015, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) to consider whether or not it was in the public interest to grant orders with respect to James Stuart Adams (“ADAMS”) and A25 Gold Producers Corp. (“A25”);
(C) ADAMS and A25, self-represented, each for themselves have consented to the issuance of this order and have waived their respective rights to a full hearing;
(D) 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, trading in securities or derivatives by and of A25 cease permanently.
2. THAT, pursuant to section 148 of the Act, ADAMS cease trading in securities or derivatives until and including March 5, 2020.
3. 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 A25 permanently.
4. 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 ADAMS until and including March 5, 2020.
5. THAT, pursuant to section 148.3 of the Act, ADAMS resign all positions he holds as a director or officer of an issuer and be prohibited from becoming or acting as a director or officer of any issuer until and including March 5, 2020.
BY ORDER OF THE COMMISSION
Director