Proceedings

Notice from the
Office of the Secretary

Ontario Crest

Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

July 21, 2015


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

- AND -

IN THE MATTER OF GITC INVESTMENTS AND TRADING CANADA LTD.
carrying on business as GITC INVESTMENTS AND TRADING CANADA INC. and GITC, GITC INC., and AMAL TAWFIQ ASFOUR



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

  1. the Temporary Order is extended until the conclusion of the hearing of the merits; and specifically:
    1. that all trading in any securities by GITC, GITC Inc., and Asfour shall cease; and
    2. that the exemptions contained in Ontario securities law do not apply to any of GITC, GITC Inc., and Asfour; and
  1. any person or company affected by this Order may apply to the Commission for an order revoking or varying this Order pursuant to section 144 of the Act upon seven days written notice to Staff of the Commission.

A copy of the Order dated July 20, 2015 is www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
SECRETARY

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