Proceedings

PDF Version

PDF Version



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

ORDER



    WHEREAS on April 6, 2010, the Ontario Securities Commission (the “Commission”) issued a temporary cease trade order pursuant to subsections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) ordering: that all trading in the securities of MX-IV Ltd. (“MX-IV”) shall cease; that Ameron Oil and Gas Ltd. (“Ameron”), MX-IV and their representatives cease trading in all securities; and that any exemptions contained in Ontario securities law do not apply to Ameron and MX-IV (the “Temporary Order”);

    AND WHEREAS on December 13, 2010, Staff of the Commission (“Staff”) issued a Statement of Allegations (the “Allegations”) against Ameron, MX-IV, Gaye Knowles, Giorgio Knowles, Anthony Howorth (“Howorth”), Vadim Tsatskin (“Tsatskin”), Mark Grinshpun (“Grinshpun”), Oded Pasternak (“Pasternak”), and Allan Walker (“Walker”) (collectively, the “Respondents”);

    AND WHEREAS on March 22, 2011, the Commission ordered that Gaye Knowles, Giorgio Knowles, Howorth, Tsatskin, Grinshpun, Pasternak and Walker be added to the Temporary Order;

    AND WHEREAS on April 4, 2011, the Commission ordered that the Temporary Order be extended to the conclusion of the hearing on the merits in this matter;

    AND WHEREAS the Commission has ordered that the hearing on the merits commence on March 6, 2012, at 10:00 a.m. at the offices of the Commission, 20 Queen Street West, 17th Floor, Toronto, and shall continue on March 7, 8, 9, 12, 14, 15, 16, 19, 20 and 21, 2012;

    AND WHEREAS the Commission has approved settlement agreements between Staff and each of Tsatskin, Pasternak, Walker, Grinshpun and Gaye Knowles;

    AND WHEREAS Staff has withdrawn the allegations made in connection with the December 13, 2010, Notice of Hearing against all remaining Respondents in this matter, being Ameron, MX-IV, Giorgio Knowles and Howorth;

    IT IS ORDERED that the dates scheduled for the hearing on the merits in this matter are vacated.

    DATED at Toronto this 24th day of February, 2012.

 

" Mary G. Condon "
Mary G. Condon