OSC Proceedings
| Notice from the Office of the Secretary |
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| Ontario Securities Commission 20 Queen St. W. Box 55, Suite 1900 Toronto, ON M5H 3S8 |
Commission des valeurs mobilières de l'Ontario |
FOR IMMEDIATE RELEASE September 2, 2009 |
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C.5, AS AMENDED
- AND -
IN THE MATTER OF
GLOBAL PETROLEUM STRATEGIES, LLC,
PETROLEUM UNLIMITED, LLC AND ROGER A. KIMMEL JR.
R.S.O. 1990, C.5, AS AMENDED
- AND -
IN THE MATTER OF
GLOBAL PETROLEUM STRATEGIES, LLC,
PETROLEUM UNLIMITED, LLC AND ROGER A. KIMMEL JR.
TORONTO – Following a hearing held today, the Commission issued an Order in the above matter which provides that
- Pursuant to paragraph 2 of subsection 127(1) of the Act, Petroleum Unlimited LLC and Roger A. Kimmel Jr. cease trading in or purchasing securities for a period of seven years, and;
- Pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Petroleum Unlimited LLC and Roger A. Kimmel Jr. for a period of seven years;
- Pursuant to paragraph 2 of subsection 127(1) of the Act, Global Petroleum Strategies LLC cease trading in or purchasing securities permanently, and;
- Pursuant to paragraph 3 of subsection 127(1) of the Act, any of the exemptions contained in Ontario securities law do not apply to Global Petroleum Strategies LLC permanently.
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY
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| For media inquiries: | Wendy Dey Director, Communications & Public Affairs 416-593-8120 Laurie Gillett Manager, Public Affairs 416-595-8913 Carolyn Shaw-Rimmington Assistant Manager, Public Affairs 416-593-2361 |
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