Proceedings

Notice from the
Office of the Secretary
Ontario

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

March 23, 2011


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF AMERON OIL AND GAS LTD., MX-IV LTD., GAYE KNOWLES,
GIORGIO KNOWLES, ANTHONY HOWORTH, VADIM TSATSKIN, MARK GRINSHPUN,
ODED PASTERNAK and ALLAN WALKER



TORONTO – The Commission issued an Order in the above named matter which provides that,

  • pursuant to clause 2 of subsection 127(1) of the Act, Gaye Knowles, Giorgio Knowles, Howorth, Tsatskin, Grinshpun, Pasternak and Walker shall cease trading in all securities;
  • pursuant to clause 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Gaye Knowles, Giorgio Knowles, Howorth, Tsatskin, Grinshpun, Pasternak and Walker;
  • the Temporary Order in respect of the Individual Respondents shall take effect immediately and shall expire on the fifteenth day after its making unless extended by the Commission;
  • for clarity, the Temporary Order in respect of Ameron and MX-IV is extended to the conclusion of the hearing on the merits; and
  • the hearing in this matter is adjourned to April 4th, 2011 at 11:00 a.m. or on such other date or time as provided by the Secretary’s Office and agreed to by the parties.

A copy of the Order dated March 23, 2011 is available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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