Proceedings

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

- AND -

IN THE MATTER OF
GREENSTAR AGRICULTURAL CORPORATION AND LIANYUN GUAN

REASONS AND DECISION ON SANCTIONS AND COSTS
(Sections 127 and 127.1 of the Act)



Hearing:

In writing

 

 

 

Decision:

January 28, 2016

 

 

 

Panel:

Christopher Portner

--

Commissioner

 

Submissions:

Jed Friedman

--

For Staff of the Commission

REASONS AND DECISION ON SANCTIONS AND COSTS

I. INTRODUCTION

[1] This was a written hearing before the Ontario Securities Commission (the "Commission") pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") to determine whether it is in the public interest to make an Order with respect to sanctions and costs against GreenStar Agricultural Corporation ("GreenStar") and Lianyun Guan ("Guan" and, together with GreenStar, the "Respondents").

[2] GreenStar is a holding company which conducted substantially all of its business and operations through its subsidiary, Fujian Pucheng Star of Green Foodstuff Co., Ltd. ("Fujian Pucheng"). Fujian Pucheng's management and its farming and food processing operations are located in the People's Republic of China (the "PRC").

[3] In the decision on the merits in this matter, (2015) 38 O.S.C.B. 8271 (the "Merits Decision"), the Panel found that GreenStar has not complied with Ontario securities law and has acted contrary to the public interest by failing to:

(a) File audited annual financial statements for the year ended December 31, 2013 as required by section 4.1 and paragraph 4.2(b) of National Instrument 51-102 -- Continuous Disclosure Obligations ("NI 51-102") and the related Management's Discussion and Analysis ("MD&A") required by section 5.1 of NI 51-102;

(b) File interim financial statements for the three-month periods ended March 31, 2014, June 30, 2014 and September 30, 2014 required by subsections 4.3(1), (2), (2.1) and (3) and paragraph 4.4(b) of NI 51-102, and the related MD&A required by section 5.1 of NI 51-102;

(c) File a certification of annual filings required by section 4.1 of National Instrument 52-109 -- Certification of Disclosure in Issuers' Annual and Interim Filings ("NI 52-109") for the year ended December 31, 2013;

(d) File certifications of interim filings required by section 5.1 of NI 52-109 for the interim periods ended March 31, 2014, June 30, 2014 and September 30, 2014;

(e) Maintain an audit committee in accordance with section 2.1 of National Instrument 52-110 -- Audit Committees;

(f) File a change of auditor notice in accordance with subsection 4.11(5)(b) of NI 51-102; and

(g) Pay its participation fee for the year ended December 31, 2013 in accordance with sections 2.2 and 2.3 of the Commission's Rule 13-502 Fees.

[4] The Panel found that Guan did not comply with Ontario securities law and acted contrary to the public interest by failing to:

(a) File an amended Appointment of Agent for Service of Process following the resignations of Guan's and Fujian Pucheng's agents in accordance with National Instrument 41-101 -- General Prospectus Requirements;

(b) Co-operate with the audit of GreenStar's fiscal year ended December 31, 2013, which failure included, in particular, the failure to arrange for the auditors to visit GreenStar's bank and the tax bureau to perform certain audit procedures and the failure to provide copies of official receipts, information and documents to the auditors on a timely basis; and

(c) Provide sufficient funding to the auditors to complete the 2013 audit and by frustrating the efforts of three law firms in the PRC to conduct an independent investigation on behalf of the Audit Committee of GreenStar.

[5] The Panel also found that, as a director and the Chief Executive Officer of GreenStar and the primary decision maker with respect to GreenStar and its subsidiaries, including Fujian Picheng, Guan is liable pursuant to section 129.2 of the Act for GreenStar's contraventions of Ontario securities law described above.

[6] The Panel found that Guan's conduct, which is described above, shows a complete disregard for the integrity of Ontario's capital markets, was abusive to investors and was contrary to the public interest.

II. POSITIONS OF THE PARTIES

A. Staff

[7] Staff submits that the following sanctions should be imposed on GreenStar:

(a) An order pursuant to paragraph 2 of subsection 127(1) of the Act, that trading in any securities of GreenStar shall permanently cease;

(b) An order pursuant to paragraph 2 of subsection 127(1) of the Act, that trading in any securities by GreenStar shall permanently cease;

(c) An order pursuant to paragraph 2.1 of subsection 127(1) of the Act, that the acquisition of any securities by GreenStar shall be prohibited permanently; and

(d) An order pursuant to paragraph 3 of subsection 127(1) of the Act, that any exemptions contained in Ontario securities law do not apply to GreenStar permanently.

[8] Staff submits that the following sanctions should be imposed on Guan:

(a) An order pursuant to paragraph 2 of subsection 127(1) of the Act, that the trading of any securities by Guan shall be prohibited permanently;

(b) An order pursuant to paragraph 2.1 of subsection 127(1) of the Act, that the acquisition of any securities by Guan shall be prohibited permanently;

(c) An order pursuant to paragraph 3 of subsection 127(1) of the Act, that any exemptions contained in Ontario securities law do not apply to Guan permanently;

(d) An order pursuant to paragraph 7 of subsection 127(1) of the Act, that Guan resign all positions that he may hold as a director or officer of an issuer;

(e) An order pursuant to paragraphs 8, 8.2, and 8.4 of subsection 127(1) of the Act, that Guan be prohibited permanently from becoming or acting as a director or officer of any issuer, registrant and investment fund manager; and

(f) An order pursuant to paragraph 8.5 of subsection 127(1) of the Act, that Guan be prohibited permanently from becoming or acting as a registrant, as an investment fund manager and as a promoter.

[9] Staff submits that the proposed sanctions against the Respondents are appropriate and in the public interest. The Respondents have shown an utter disregard for their investors, for the integrity of Ontario capital markets and for the Commission. They acted contrary to the public interest and breached fundamental requirements of Ontario securities law. Accordingly, Staff submits that the public interest requires the removal of the Respondents from Ontario's capital markets.

[10] Staff further submits that the sanctions sought are consistent with the guidance regarding the importance of continuous disclosure provided by the Commission in Re Zungui Haixi Corp., (2012) 35 O.S.C.B. 8287 ("Zungui") and by the Alberta Securities Commission in Re Flag Resources (1985) Ltd., 2010 ABASC 289, aff'd Alberta (Securities Commission) v. Flag Resources (1985) Ltd., [2011] A.J. No. 858 (CA).

[11] With respect to costs and taking into account Rule 18.2 of the Commission's Rules of Procedure which lists the factors that the Commission may consider in determining costs, Staff requests that the Respondents be ordered to pay $129,845.66, and submits that such amount represents a portion of Staff's costs and is reasonable in the circumstances.

B. Respondents

[12] The Respondents did not appear or make submissions, and did not object to the hearing on the merits being determined on the basis of the written record.

[13] The Respondents have similarly not appeared or made submissions, and have not objected to this hearing regarding sanctions and costs being determined on the basis of the written record.

[14] Pursuant to subsection 7(2) of the Statutory Powers Procedure Act, R.S.O. c. S.22, the Commission has jurisdiction to proceed with a hearing in the absence of the Respondents if the Respondents have been given notice but have not appeared. I am satisfied that the Respondents have been given notice and, accordingly, it is appropriate that this hearing proceed in the absence of the Respondents.

III. ANALYSIS WITH RESPECT TO SANCTIONS

A. Overview of the law regarding the appropriate sanctions

[15] In determining what sanctions should be imposed on the Respondents, I am guided by the underlying purposes of the Act set out in section 1.1 of the Act which are to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in those markets.

[16] The purpose of an order imposing sanctions under section 127 of the Act is protective and preventative. It is to restrain future conduct that is likely to be prejudicial to the public interest in fair and efficient capital markets. As stated by the Supreme Court of Canada in Committee for the Equal Treatment of Asbestos Minority Shareholders v. Ontario (Securities Commission), [2001] 2 S.C.R. 132, at para. 43:

... [t]he role of the OSC under s. 127 is to protect the public interest by removing from the capital markets those whose past conduct is so abusive as to warrant apprehension of future conduct detrimental to the integrity of the capital markets.

[17] With respect to the deterrence of the Respondents and other like-minded persons, the Supreme Court of Canada held in Re Cartaway Resources Corp., [2004] 1 S.C.R. 672 ("Cartaway") that the Commission is not prevented from considering general deterrence in making an order with respect to sanctions. The Court further stated that "... it is reasonable to view general deterrence as an appropriate, and perhaps necessary, consideration in making orders that are both protective and preventative." (Cartaway, supra at para. 60.)

[18] In determining the appropriate sanctions, I must ensure that the sanctions are proportionate to both the particular circumstances of the case and the conduct of each of the Respondents (Re M.C.J.C. Holdings Inc., (2002) 25 O.S.C.B. 1133 ("M.C.J.C. Holdings") at 1134). I will also consider the range of sanctions ordered in similar cases.

[19] The Commission has considered the following non-exhaustive list of factors in determining the appropriate sanctions:

(a) The seriousness of the conduct and the breaches of the Act;

(b) The respondent's experience in the marketplace;

(c) The level of a respondent's activity in the marketplace;

(d) Whether or not there has been a recognition by a respondent of the seriousness of the improprieties;

(e) Whether or not the sanctions imposed may serve to deter not only those involved in the case being considered but any like-minded people from engaging in similar abuses of the capital markets;

(f) The size of any profit made or loss avoided from the illegal conduct;

(g) The size of any financial sanction or voluntary payment when considering other factors;

(h) The reputation and prestige of the respondent;

(i) The shame or financial pain that any sanction would reasonably cause to the respondent;

(j) The effect any sanction might have on the livelihood of the respondent;

(k) The restraint any sanction may have on the ability of a respondent to participate without check in the capital markets; and

(l) Any mitigating factors, including the remorse of the respondent.

(Re Belteco Holdings Inc., (1998) 21 O.S.C.B. 7743 at 7746; M.C.J.C. Holdings, supra at 1136.)

B. Appropriate sanctions

1. Seriousness of the Respondents' conduct

[20] Financial disclosure in accordance with the requirements of Ontario securities law is essential to the operation of Ontario's capital markets. As stated by the Commission in Re Phillip Services Corp., (2006) 29 O.S.C.B. 3941 at para. 7, "Disclosure is the cornerstone principle of securities regulation. All persons investing in securities should have equal access to information that may affect their investment decisions."

[21] As noted in paragraphs 8 to 11 of the Merits Decision, despite GreenStar's shares having been cease-traded, GreenStar did not comply with its disclosure requirements. In GreenStar's press release dated September 4, 2014, which followed the Commission's order that GreenStar's shares be ceased-traded, GreenStar stated that its Board of Directors had been unable to confirm numerous material facts concerning the status of GreenStar's business operations due to numerous conflicting representations by GreenStar's China-based management team.

[22] In a further press release dated September 11, 2014, GreenStar stated that its Canadian management team had recently discovered that the real property of Fujian Pucheng had been put up for auction by a Chinese financial institution as the result of a judgment granted by the local courts and that its Audit Committee and the Canadian directors and management had strong concerns about unauthorized activities in China and their failure to receive further information, documentation and funding from Guan notwithstanding repeated requests.

[23] Guan was the President, Chief Executive Officer and Chairman of the Board of Directors of GreenStar, and was responsible for ensuring that GreenStar met its disclosure requirements.{1} As noted above, the Panel found that Guan had not only failed to ensure that GreenStar met its disclosure requirements, he also frustrated and failed to co-operate with the audit of GreenStar's fiscal year ended December 31, 2013, failed to provide sufficient funding to the auditors to complete the 2013 audit, and frustrated the efforts of three law firms to conduct an independent investigation on behalf of GreenStar's Audit Committee.

[24] The Panel found that Guan's conduct showed a complete disregard for the integrity of Ontario's capital markets, was abusive to investors and was contrary to the public interest.

2. The Respondents' activity in the marketplace

[25] The Respondents were significant market participants. GreenStar participated in Ontario's capital markets by completing a reverse take-over of Aquarius Capital Corp. on May 31, 2011 and by listing its common shares on the TSX Venture Exchange on June 7, 2011.{2} GreenStar has been a reporting issuer since May 31, 2011 and, as noted above, Guan has been the President, Chief Executive Officer and Chairman of the Board of Directors of GreenStar since it became a reporting issuer (Merits Decision at para. 1).

3. Specific and general deterrence

[26] Like the respondents in Zungui, the Respondents have totally absented themselves from this jurisdiction and have demonstrated by their conduct that they are fundamentally ungovernable. The sanctions imposed as a result of the Respondents' conduct should preclude them from similar activity in Ontario's capital markets in the future. The following statements from Zungui apply equally to the Respondents:

... compliance with financial reporting requirements is essential to the functioning of capital markets. Failure to comply with these requirements will result in serious consequences for investors and for public confidence in the capital markets. Sanctioning of such conduct should send a clear message of deterrence to those who participate in the capital markets and should strongly discourage market participants from ignoring their obligations to maintain an audit committee and provide accurate and timely financial disclosure.{3}

4. Mitigating factors

[27] The Respondents did not participate in this hearing and there was no evidence before me of any mitigating factors.

5. Conclusion regarding the appropriate sanctions

[28] The circumstances of the Respondents' conduct is similar to that of the respondents in Zungui. In Zungui, the Panel described the seriousness of the conduct in question as follows:

Zungui and its management, the Individual Respondents, have failed to comply with basic requirements relating to the maintenance of an audit committee and public disclosure through the filing of audited financial statements. Their conduct is harmful to Ontario's capital markets and public confidence in the capital markets. Zungui shareholders are left with shares of a company for which complete financial information is not available, and without any current prospect that this information will be forthcoming.{4}

[29] In Zungui, the Panel found that the protection of Ontario's capital markets and public confidence in those markets required that Zungui and its principals be permanently prohibited from future participation in Ontario's capital markets.{5}

[30] In light of the foregoing, I find that it is in the public interest that GreenStar and Guan be removed from Ontario's capital markets and agree that the sanctions requested by Staff should be imposed on them.

IV. ANALYSIS WITH RESPECT TO COSTS

[31] Staff submits that the Respondents should be ordered to pay $129,845.66 and, in support of its submission, Staff provided the Affidavit of Yolanda Leung, sworn October 9, 2015, attaching a Bill of Costs, time dockets and invoices for disbursements (the "Leung Affidavit"). In preparing its Bill of Costs, Staff has limited the costs to the time recorded in relation to issues that became the subject of the Statement of Allegations in this matter and to the costs of the lead investigator and lead litigator.{6}

[32] Staff incurred fees of $143,362.50 but only seek the recovery of $123,682.50. Staff incurred disbursements of $6,163.16 and seek the full recovery of that amount.

[33] In exercising my discretion to order costs, I considered the factors set out in Rule 18.2 of the Commission's Rules of Procedure (2014) 37 OSCB 4168 and the factors cited by the Commission in Re Ochnik, (2016) 29 O.S.C.B. 5917 ("Ochnik") at para. 29. Of particular relevance to the determination of costs are (i) the failure of the Respondents to co-operate with Staff; (ii) the failure of the Respondents to participate in the proceeding; and (iii) the seriousness of the findings relating to the Respondents' failure to comply with Ontario securities laws.

[34] I note that the costs in the matter were reduced from what they would have otherwise been as a result of the hearing on the merits being conducted in writing.

[35] In the circumstances, I am satisfied that the costs requested by Staff are reasonable.

V. CONCLUSION

[36] For the reasons stated above, I find that it is in the public interest to order the following, and will issue a separate order to that effect:

(a) Pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities of GreenStar shall permanently cease;

(b) Pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by GreenStar shall permanently cease;

(c) Pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by GreenStar is prohibited permanently;

(d) Pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to GreenStar permanently;

(e) Pursuant to paragraph 2 of subsection 127(1) of the Act, the trading of any securities by Guan is prohibited permanently;

(f) Pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Guan is prohibited permanently;

(g) Pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Guan permanently;

(h) Pursuant to paragraph 7 of subsection 127(1) of the Act, Guan shall resign all positions that he may hold as a director or officer of an issuer;

(i) Pursuant to paragraphs 8, 8.2 and 8.4 of subsection 127(1) of the Act, Guan is prohibited permanently from becoming or acting as a director or officer of any issuer, registrant, and investment fund manager;

(j) Pursuant to paragraph 8.5 of subsection 127(1) of the Act, Guan is prohibited permanently from becoming or acting as a registrant, as an investment fund manager and as a promoter; and

(k) Pursuant to section 127.1 of the Act, Guan shall pay the investigation and hearing costs incurred in this matter in the amount of $129,845.66.

Dated at Toronto this 28th day of January, 2016.

"Christopher Portner"

{1} Re Standard Trustco Ltd. (1992), 15 O.S.C.B. 4322 at 4364.

{2} Affidavit of Marcel Tillie, sworn May 22, 2015, at para. 7.

{3} Zungui, supra at para. 33.

{4} Zungui, supra at para. 27.

{5} Zungui, supra at paras. 34-35, 38 and 47.

{6} Leung Affidavit at paras. 4 to 6.

 

Chapter 4 -- Cease Trading Orders

Temporary, Permanent & Rescinding Issuer Cease Trading Orders

Company Name

Date of Temporary Order

Date of Hearing

Date of Permanent Order

Date of Lapse/Revoke

 

__________

__________

__________

__________

__________

THERE ARE NO ITEMS TO REPORT THIS WEEK.

Failure to File Cease Trade Orders

Company Name

Date of Order

Date of Revocation

 

__________

__________

__________

THERE ARE NO ITEMS TO REPORT THIS WEEK.

 

Temporary, Permanent & Rescinding Management Cease Trading Orders

Company Name

Date of Order or Temporary Order

Date of Hearing

Date of Permanent Order

Date of Lapse/ Expire

Date of Issuer Temporary Order

 

Almonty Industries Inc.

29 January 2016

10 February 2016

__________

__________

__________

 

Boomerang Oil, Inc.

29 January 2016

10 February 2016

__________

__________

__________

 

Outstanding Management & Insider Cease Trading Orders

Company Name

Date of Order or Temporary Order

Date of Hearing

Date of Permanent Order

Date of Lapse/ Expire

Date of Issuer Temporary Order

 

Almonty Industries Inc.

29 January 2016

10 February 2016

__________

__________

__________

 

Boomerang Oil, Inc.

29 January 2016

10 February 2016

__________

__________

__________

 

Enerdynamic Hybrid Technologies Corp.

4 November 2015

16 November 2015

16 November 2015

__________

__________

 

Enerdynamic Hybrid Technologies Corp.

22 October 2015

4 November 2015

4 November 2015

__________

__________

 

Enerdynamic Hybrid Technologies Corp.

15 October 2015

28 October 2015

28 October 2015

__________

__________

 

Starrex International Ltd.

30 December 2015

11 January 2016

11 January 2016

__________

__________

 

Tango Mining Limited

7 January 2016

20 January 2016

20 January 2016

__________

__________

 

West Red Lake Gold Mines Inc.

24 December 2015

6 January 2016

6 January 2016

__________

__________

 

Chapter 11 -- IPOs, New Issues and Secondary Financings

Issuer Name:

AIP Canadian Enhanced Income Class
AIP Global Macro Class
Principal Regulator -- Ontario

Type and Date:

Preliminary Simplified Prospectuses dated January 25, 2016
NP 11-202 Receipt dated January 27, 2016

Offering Price and Description:

Series A, F and I Shares

Underwriter(s) or Distributor(s):

-

Promoter(s):

AIP Asset Management Inc.

Project #2438533

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Chorus II Balanced Growth Portfolio
Chorus II Balanced Income Portfolio
Chorus II Conservative Portfolio
Chorus II Growth Portfolio
Chorus II High Growth Portfolio
Chorus II Maximum Growth Portfolio
Desjardins American Equity Growth Currency Neutral Corporate Class
Desjardins American Equity Growth Currency Neutral Fund
Desjardins Canadian Equity Income Corporate Class
Desjardins Canadian Equity Income Fund
Desjardins Canadian Equity Value Corporate Class
Desjardins Canadian Preferred Share Corporate Class
Desjardins Canadian Preferred Share Fund
Desjardins Dividend Growth Corporate Class
Desjardins Global Infrastructure Fund
Desjardins Ibrix Global Bond Fund
Desjardins Ibrix Low Volatility Emerging Markets Fund
Melodia 100 Percent Equity Growth Portfolio
SocieTerra Balanced Portfolio
SocieTerra Conservative Portfolio
Principal Regulator -- Quebec

Type and Date:

Preliminary Simplified Prospectuses dated January 27, 2016
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

Underwriter(s) or Distributor(s):

-

Promoter(s):

Desjardins Investments Inc.

Project #2439258

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

CUP Capital Corp.
Principal Regulator -- Ontario

Type and Date:

Amended and Restated Preliminary CPC Prospectus dated January 25, 2016
NP 11-202 Receipt dated January 26, 2016

Offering Price and Description:

Underwriter(s) or Distributor(s):

Mackie Research Capital Corporation

Promoter(s):

-

Project #2395811

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

GreenSpace Brands Inc.
Principal Regulator -- Ontario

Type and Date:

2nd Amended and Restated Preliminary Short Form Prospectuses dated January 26, 2016
NP 11-202 Receipt dated January 27, 2016

Offering Price and Description:

Offering: $8,383,500.00 -- 9,315,000 Units
Price: $0.90 per Unit

Underwriter(s) or Distributor(s):

Canaccord Genuity Corp.
GMP Securities L.P.
Beacon Securities Limited
Dundee Securities Ltd.

Promoter(s):

Matthew von Teichman

Project #2429700

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Integra Gold Corp.
Principal Regulator -- British Columbia

Type and Date:

Preliminary Short Form Prospectuses dated January 27, 2016
NP 11-202 Receipt dated January 27, 2016

Offering Price and Description:

$15,000,000.00 -- 30,000,000 Flow-Through Common Shares
Price: $0.50 per Flow-Through Common Share

Underwriter(s) or Distributor(s):

Cormark Securities Inc.
Paradigm Capital Inc.
GMP Securities L.P
Macquarie Capitalmarkets Canada Ltd.
Beacon Securities Limited
Haywood Securities Inc.
Mackie Research Capital Corporation

Promoter(s):

-

Project #2437945

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Mackenzie Core Plus Canadian Fixed Income ETF
Mackenzie Core Plus Global Fixed Income ETF
Mackenzie Floating Rate Income ETF
Mackenzie Unconstrained Bond ETF
Principal Regulator -- Ontario

Type and Date:

Preliminary Long Form Prospectus dated January 25, 2016
NP 11-202 Receipt dated January 26, 2016

Offering Price and Description:

Units

Underwriter(s) or Distributor(s):

Promoter(s):

Mackenzie Financial Corporation

Project #2438229

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

The Empire Life Insurance Company
Principal Regulator -- Ontario

Type and Date:

Preliminary Short Form Prospectus dated January 28, 2016
NP 11-202 Receipt dated January 28, 2016

Offering Price and Description:

$130,000,000.00 -- 5,200,000 Non-Cumulative Rate Reset Preferred Shares, Series 1
Price: $25.00 per Preferred Share

Underwriter(s) or Distributor(s):

Scotia Capital Inc.
CIBC World Markets Inc.
TD Securities Inc.
BMO Nesbitt Burns Inc.
RBC Dominion Securities Inc.
National Bank Financial Inc.
GMP Securities L.P.
Manulife Securities Incorporated
Raymond James Ltd.

Promoter(s):

-

Project #2438192

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Advanced Education Savings Plan
Legacy Education Savings Plan
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectus dated January 27, 2016
NP 11-202 Receipt dated February 1, 2016

Offering Price and Description:

Units @ Net Asset Value

Underwriter(s) or Distributor(s):

Global RESP Corporation

Promoter(s):

Global Educational Trust Foundation

Project #2390893

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Aquinox Pharmaceuticals, Inc.
Principal Regulator -- British Columbia

Type and Date:

Final Shelf Prospectus dated January 26, 2016
NP 11-202 Receipt dated January 26, 2016

Offering Price and Description:

US$200,000,000.00
Common Stock
Preferred Stock
Debt Securities
Warrants

Underwriter(s) or Distributor(s):

-

Promoter(s):

-

Project #2435371

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

BMO Aggregate Bond Index ETF
BMO China Equity Index ETF (formerly, BMO China Equity Hedged to CAD Index ETF)
BMO Discount Bond Index ETF
BMO Dow Jones Industrial Average Hedged to CAD Index ETF
BMO Emerging Markets Bond Hedged to CAD Index ETF
BMO Equal Weight REITs Index ETF
BMO Equal Weight US Banks Hedged to CAD Index ETF
BMO Equal Weight US Banks Index ETF
BMO Equal Weight US Health Care Hedged to CAD Index ETF
BMO Equal Weight Utilities Index ETF
BMO Global Infrastructure Index ETF
BMO High Yield US Corporate Bond Hedged to CAD Index ETF
BMO India Equity Index ETF (formerly, BMO India Equity Hedged to CAD Index ETF)
BMO Junior Gas Index ETF
BMO Junior Gold Index ETF
BMO Junior Oil Index ETF
BMO Laddered Preferred Share Index ETF (formerly BMO S&P/TSX Laddered Preferred Share Index ETF)
BMO Long Corporate Bond Index ETF
BMO Long Federal Bond Index ETF
BMO Long Provincial Bond Index ETF
BMO Mid Corporate Bond Index ETF
BMO Mid Federal Bond Index ETF
BMO Mid Provincial Bond Index ETF
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF
BMO Mid-Term US IG Corporate Bond Index ETF
BMO MSCI All Country World High Quality Index ETF
BMO MSCI EAFE Hedged to CAD Index ETF (formerly, BMO International Equity Hedged to CAD Index ETF)
BMO MSCI EAFE Index ETF
BMO MSCI Emerging Markets Index ETF (formerly, BMO Emerging Markets Equity Index ETF)
BMO MSCI Europe High Quality Hedged to CAD Index ETF
BMO MSCI USA High Quality Index ETF
BMO Nasdaq 100 Equity Hedged to CAD Index ETF
BMO Real Return Bond Index ETF
BMO S&P 500 Hedged to CAD Index ETF (formerly, BMO US Equity Hedged to CAD Index ETF)
BMO S&P 500 Index ETF
BMO S&P/TSX Capped Composite Index ETF (formerly, BMO Dow Jones Canada Titans 60 Index ETF)
BMO S&P/TSX Equal Weight Banks Index ETF
BMO S&P/TSX Equal Weight Global Base Metals Hedged to CAD Index ETF
BMO S&P/TSX Equal Weight Global Gold Index ETF
BMO S&P/TSX Equal Weight Industrials Index ETF
BMO S&P/TSX Equal Weight Oil & Gas Index ETF
BMO Short Corporate Bond Index ETF
BMO Short Federal Bond Index ETF
BMO Short Provincial Bond Index ETF
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectuses dated January 29, 2016
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

CAD and USD units

Underwriter(s) or Distributor(s):

Promoter(s):

-

Project #2432367

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

BMO Canadian Dividend ETF
BMO Covered Call Canadian Banks ETF
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF
BMO Covered Call Utilities ETF
BMO Equity Linked Corporate Bond ETF
BMO Europe High Dividend Covered Call Hedged to CAD ETF
BMO Floating Rate High Yield ETF
BMO International Dividend ETF
BMO International Dividend Hedged to CAD ETF
BMO Low Volatility Canadian Equity ETF
BMO Low Volatility Emerging Markets Equity ETF
BMO Low Volatility International Equity ETF
BMO Low Volatility International Equity Hedged to CAD ETF
BMO Low Volatility US Equity ETF
BMO Low Volatility US Equity Hedged to CAD ETF
BMO Monthly Income ETF
BMO Ultra Short-Term Bond ETF (formerly, BMO 2013 Corporate Bond Target Maturity ETF)
BMO US Dividend ETF
BMO US Dividend Hedged to CAD ETF
BMO US High Dividend Covered Call ETF
BMO US Put Write ETF
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectus dated January 29, 2016
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

CAD and USD units

Underwriter(s) or Distributor(s):

Promoter(s):

BMO Asset Management Inc.

Project #2432296

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

CMP 2016 Resource Limited Partnership
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectus dated January 26, 2016
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

Maximum: $30,000,000 -- 30,000 Limited Partnership Units @ $1,000/Unit
Minimum: $5,000,000 -- 5,000 Limited Partnership Units @ $1,000/Unit

Underwriter(s) or Distributor(s):

Scotia Capital Inc.
CIBC World Markets Inc.
National Bank Financial Inc.
RBC Dominion Securities Inc.
BMO Nesbitt Burns Inc.
TD Securities Inc.
Dundee Securities Ltd.
Canaccord Genuity Corp.
Desjardins Securities Inc.
Industrial Alliance Securities Inc.
Raymond James Ltd.

Promoter(s):

Goodman GP Ltd.
Goodman & Company, Investment Counsel Inc.

Project #2429916

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Corus Entertainment Inc.
Principal Regulator -- Ontario

Type and Date:

Final Short Form Prospectus dated January 27, 2016
NP 11-202 Receipt dated January 27, 2016

Offering Price and Description:

$228,600,000.00 -- 25,400,000 Subscription Receipts, each representing the right to receive one Class B Non-Voting Participating Share
PRICE: $9.00 per Subscription Receipt

Underwriter(s) or Distributor(s):

RBC Dominion Securities Inc.
TD Securities Inc.
BMO Nesbitt Burns Inc.
CIBC World Markets Inc.
Scotia Capital Inc.
National Bank Financial Inc.
Desjardins Securities Inc.
HSBC Securities (Canada) Inc.
Cormark Securities Inc.

Promoter(s):

-

Project #2436946

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Cott Corporation
Principal Regulator -- Ontario

Type and Date:

Amendment #1 dated January 22, 2016 to Final Shelf Prospectuses dated May 19, 2015
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

U.S.$ 450,000,000.00 -- Debt Securities, Common Shares, Preferred Shares, Depositary Shares, Warrants, Stock Purchase Contracts and Stock Purchase Units

Underwriter(s) or Distributor(s):

-

Promoter(s):

-

Project #2348490

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Dynamic Venture Opportunities Fund Ltd.

Type and Date:

Final Long Form Prospectus dated January 25, 2016
Receipted on January 26, 2016

Offering Price and Description:

Dynamic Venture Opportunities Fund Ltd.
Class A Shares, Series II
Continuous Offering Price -- Net Asset Value Per Share

Underwriter(s) or Distributor(s):

-

Promoter(s):

-

Project #2429300

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Fidelity American Balanced Fund
Fidelity American Disciplined Equity Currency Neutral Fund
Fidelity American Disciplined Equity Fund
Fidelity American Equity Fund
Fidelity American High Yield Currency Neutral Fund
Fidelity American High Yield Fund
Fidelity American Opportunities Fund
Fidelity AsiaStar Fund
Fidelity Balanced Portfolio
Fidelity Canadian Asset Allocation Fund
Fidelity Canadian Balanced Fund
Fidelity Canadian Bond Fund
Fidelity Canadian Disciplined Equity Fund
Fidelity Canadian Focused Equity Investment Trust
Fidelity Canadian Growth Company Fund
Fidelity Canadian Large Cap Fund
Fidelity Canadian Money Market Fund
Fidelity Canadian Opportunities Fund
Fidelity Canadian Short Term Bond Fund
Fidelity China Fund
Fidelity ClearPath 2005 Portfolio
Fidelity ClearPath 2010 Portfolio
Fidelity ClearPath 2015 Portfolio
Fidelity ClearPath 2020 Portfolio
Fidelity ClearPath 2025 Portfolio
Fidelity ClearPath 2030 Portfolio
Fidelity ClearPath 2035 Portfolio
Fidelity ClearPath 2040 Portfolio
Fidelity ClearPath 2045 Portfolio
Fidelity ClearPath 2050 Portfolio
Fidelity ClearPath 2055 Portfolio
Fidelity ClearPath Income Portfolio
Fidelity Conservative Income Fund
Fidelity Corporate Bond Fund
Fidelity Dividend Fund
Fidelity Dividend Plus Fund (formerly Fidelity Income Trust Fund)
Fidelity Emerging Markets Fund
Fidelity Europe Fund
Fidelity Event Driven Opportunities Fund
Fidelity Far East Fund
Fidelity Floating Rate High Income Currency Neutral Fund
Fidelity Floating Rate High Income Fund
Fidelity Global Asset Allocation Fund
Fidelity Global Balanced Portfolio
Fidelity Global Bond Currency Neutral Fund
Fidelity Global Bond Fund
Fidelity Global Concentrated Equity Fund (formerly Fidelity Global Opportunities Fund)
Fidelity Global Consumer Industries Fund
Fidelity Global Disciplined Equity Currency Neutral Fund
Fidelity Global Disciplined Equity Fund
Fidelity Global Dividend Fund
Fidelity Global Dividend Investment Trust
Fidelity Global Financial Services Fund
Fidelity Global Fund
Fidelity Global Growth Portfolio
Fidelity Global Health Care Fund
Fidelity Global Income Portfolio
Fidelity Global Intrinsic Value Investment Trust
Fidelity Global Large Cap Fund
Fidelity Global Monthly Income Fund
Fidelity Global Natural Resources Fund
Fidelity Global Real Estate Fund
Fidelity Global Small Cap Fund
Fidelity Global Technology Fund
Fidelity Global Telecommunications Fund
Fidelity Greater Canada Fund
Fidelity Growth Portfolio
Fidelity Income Allocation Fund
Fidelity Income Portfolio
Fidelity Income Replacement 2017 Portfolio
Fidelity Income Replacement 2019 Portfolio
Fidelity Income Replacement 2021 Portfolio
Fidelity Income Replacement 2023 Portfolio
Fidelity Income Replacement 2025 Portfolio
Fidelity Income Replacement 2027 Portfolio
Fidelity Income Replacement 2029 Portfolio
Fidelity Income Replacement 2031 Portfolio
Fidelity Income Replacement 2033 Portfolio
Fidelity Income Replacement 2035 Portfolio
Fidelity Income Replacement 2037 Portfolio
Fidelity International Disciplined Equity Currency Neutral Fund
Fidelity International Disciplined Equity Fund
Fidelity International Growth Fund (formerly Fidelity Overseas Fund)
Fidelity International Value Fund
Fidelity Japan Fund
Fidelity Frontier Emerging Markets Fund (formerly Fidelity Latin America Fund)
Fidelity Monthly Income Fund
Fidelity NorthStar Balanced Currency Neutral Fund
Fidelity NorthStar Balanced Fund
Fidelity NorthStar Fund
Fidelity Small Cap America Fund
Fidelity Special Situations Fund
Fidelity Strategic Income Fund
Fidelity Tactical Fixed Income Fund
Fidelity Tactical High Income Currency Neutral Fund
Fidelity Tactical High Income Fund
Fidelity Tactical Strategies Fund
Fidelity True North Fund
Fidelity U.S. All Cap Fund
Fidelity U.S. Dividend Currency Neutral Fund
Fidelity U.S. Dividend Fund
Fidelity U.S. Dividend Investment Trust
Fidelity U.S. Dividend Registered Fund
Fidelity U.S. Focused Stock Fund (formerly Fidelity Growth America Fund)
Fidelity U.S. Money Market Fund
Fidelity U.S. Monthly Income Currency Neutral Fund
Fidelity U.S. Monthly Income Fund
Principal Regulator -- Ontario

Type and Date:

Amendment #1 dated January 15, 2016 to Final Simplified Prospectuses and Annual Information Form dated December 16, 2015
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

-

Underwriter(s) or Distributor(s):

Fidelity Investments Canada ULC
Fidelity Investments Canadaz ULC
Fidelity Investments Canada Limited
Fidelity Investments Canada ULC

Promoter(s):

FIDELITY INVESTMENTS CANADA ULC

Project #2399033

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

First Trust Short Duration High Yield Bond ETF (CAD-Hedged) (formerly First Trust Advantaged Short Duration High Yield
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectus dated January 25, 2016
NP 11-202 Receipt dated January 26, 2016

Offering Price and Description:

Common Units and Advisor Class Units @ Net Asset Value

Underwriter(s) or Distributor(s):

-

Promoter(s):

FT Portfolios Canada Co.

Project #2401969

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Fortified Trust
Principal Regulator -- Ontario

Type and Date:

Final Base Shelf Prospectus dated January 29, 2016
NP 11-202 Receipt dated February 1, 2016

Offering Price and Description:

Up to $5,000,000,000 Real Estate Secured Line of Credit Backed Notes

Underwriter(s) or Distributor(s):

BMO Nesbitt Burns Inc.

Promoter(s):

Bank of Montreal

Project #2436724

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Investment Grade Managed Duration Income Fund
Principal Regulator -- Ontario

Type and Date:

Final Short Form Prospectus dated January 28, 2016
NP 11-202 Receipt dated January 28, 2016

Offering Price and Description:

Maximum $15,000,000
$10.00 per Class A2 Unit and $9.60 per Class T Unit
Minimum Purchase: 100 Units

Underwriter(s) or Distributor(s):

National Bank Financial Inc.
BMO Nesbitt Burns Inc.
CIBC World Markets Inc.
Scotia Capital Inc.
GMP Securities L.P.
Canaccord Genuity Corp.
Raymond James Ltd.
Desjardins Securities Inc.
Manulife Securities Incorporated
Industrial Alliance Securities Inc.
Mackie Research Capital Corporation

Promoter(s):

Purpose Investments Inc.
National Bank Financial Inc.

Project #2436940

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Legacy Education Savings Plan (formerly, Global Educational Trust Plan)
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectus dated January 27, 2016
NP 11-202 Receipt dated February 1, 2016

Offering Price and Description:

Units @ Net Asset Value

Underwriter(s) or Distributor(s):

Global RESP Corporation

Promoter(s):

Global Educational Trust Foundation

Project #2414660

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Symmetry Growth Portfolio Class
Symmetry Moderate Growth Portfolio Class
Principal Regulator -- Ontario

Type and Date:

Amendment #1 dated January 25, 2016 to Final Simplified Prospectuses and Annual Information Form dated November 26, 2015
NP 11-202 Receipt dated February 1, 2016

Offering Price and Description:

Series LX

Underwriter(s) or Distributor(s):

LBC Financial Services Inc.
LBC Financial Services Inc
LBC Financial Services Inc.

Promoter(s):

Mackenzie Financial Corporation

Project #2404100

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Manulife Portrait Aggressive Portfolio (formerly Standard Life Aggressive Portfolio)
Standard Life Balanced Fund
Standard Life Canadian Bond Fund
Manulife Canadian Dividend Growth Class (formerly Standard Life Canadian Dividend Growth Class)
Manulife Canadian Dividend Growth Fund (formerly Standard Life Canadian Dividend Growth Fund)
Standard Life Canadian Equity Fund
Standard Life Canadian Equity Growth Fund
Standard Life Canadian Equity Value Fund
Standard Life Canadian Small Cap Fund
Manulife Portrait Conservative Portfolio (formerly Standard Life Conservative Portfolio)
Standard Life Conservative Portfolio Class
Manulife Canadian Corporate Bond Fund (formerly Standard Life Corporate Bond Fund)
Manulife Conservative Income Fund (formerly Standard Life Diversified Income Fund)
Manulife Portrait Dividend Growth & Income Portfolio (formerly Standard Life Dividend Growth & Income Portfolio)
Manulife Portrait Dividend Growth & Income Portfolio Class (formerly Standard Life Dividend Growth & Income Portfolio Cl
Manulife Canadian Dividend Income Class (formerly Standard Life Dividend Income Class)
Manulife Canadian Dividend Income Fund (formerly Standard Life Dividend Income Fund)
Standard Life Emerging Markets Debt Fund
Manulife Emerging Markets Class (formerly Standard Life Emerging Markets Dividend Class)
Manulife Emerging Markets Fund (formerly Standard Life Emerging Markets Dividend Fund)
Standard Life European Equity Fund
Standard Life Global Bond Fund
Manulife Global Dividend Growth Class (formerly Standard Life Global Dividend Growth Class)
Manulife Global Dividend Growth Fund (formerly Standard Life Global Dividend Growth Fund)
Manulife Global Equity Unconstrained Class (formerly Standard Life Global Equity Class)
Manulife Global Equity Unconstrained Fund (formerly Standard Life Global Equity Fund)
Standard Life Global Equity Value Fund
Manulife Global Real Estate Unconstrained Fund (formerly Standard Life Global Real Estate Fund)
Manulife Portrait Growth Portfolio (formerly Standard Life Growth Portfolio)
Manulife Portrait Growth Portfolio Class (formerly Standard Life Growth Portfolio Class)
Standard Life High Yield Bond Fund
Standard Life International Equity Fund
Manulife Portrait Moderate Portfolio (formerly Standard Life Moderate Portfolio)
Standard Life Moderate Portfolio Class
Standard Life Money Market Fund
Manulife Canadian Monthly Income Class (formerly Standard Life Monthly Income Class)
Manulife Canadian Monthly Income Fund (formerly Standard Life Monthly Income Fund)
Standard Life Short Term Bond Fund
Standard Life Short Term Yield Class
Standard Life Tactical Bond Fund
Manulife Tactical Income Fund (formerly Standard Life Tactical Income Fund)
Manulife U.S. Dividend Income Fund (formerly Standard Life U.S. Dividend Growth Fund)
Standard Life U.S. Equity Value Class
Standard Life U.S. Equity Value Fund
Manulife Unhedged U.S. Monthly High Income Fund (formerly Standard Life U.S. Monthly Income Fund)
Principal Regulator -- Ontario

Type and Date:

Amendment No. 2 dated January 15, 2016 to Simplified Prospectuses of the New Series dated November 9, 2015 and Amendment No. 2 dated January 15, 2016 to the Annual Information Form of the Funds dated November 9, 2015
NP 11-202 Receipt dated January 27, 2016

Offering Price and Description:

ADVISOR SERIES, SERIES D, SERIES F, SERIES FT5, SERIES FT6, SERIES FT7, SERIES FT8, SERIES I, SERIES T5, SERIES T6, SERIES T7 AND SERIES T8

Underwriter(s) or Distributor(s):

Manulife Asset Management Investments Inc.
Manulife Asset Management Investments Inc.
Manulife Asset Management Investment Inc.
Manulife AssetManagement Investments Inc.

Promoter(s):

Manulife Asset Management Limited

Project #2393585

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

MRF 2016 Resource Limited Partnership
Principal Regulator -- Alberta

Type and Date:

Final Long Form Prospectus dated January 28, 2016
NP 11-202 Receipt dated January 28, 2016

Offering Price and Description:

Maximum Offering: $30,000,000 -- 1,200,000 Units
Minimum Offering: $5,000,000 -- 200,000 Units
Price: $25.00 Per Unit

Underwriter(s) or Distributor(s):

CIBC World Markets Inc.
RBC Dominion Securities Inc.
Scotia Capital Inc.
BMO Nesbitt Burns Inc.
National Bank Financial Inc.
TD Securities Inc.
GMP Securities L.P.
Manulife Securities Incorporated
Canaccord Genuity Corp.
Middlefield Capital Corporation
Industrial Alliance Securities Inc.
Raymond James Ltd.

Promoter(s):

Middlefield Resource Corporation

Project #2431751

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

NCE Diversified Flow-Through (16) Limited Partnership
Principal Regulator -- Ontario

Type and Date:

Final Long Form Prospectus dated January 28, 2016
NP 11-202 Receipt dated January 29, 2016

Offering Price and Description:

A maximum of 2,000,000 and a minimum of 200,000 Limited Partnership Units @ $25/Unit

Underwriter(s) or Distributor(s):

RBC Dominion Securities Inc.
CIBC World Markets Inc.
National Bank Financial Inc.
BMO Nesbitt Burns Inc.
Scotia Bank Financial Inc.
TD Securities Inc.
GMP Securities L.P.
Manulife Securities Incorporated
Canaccord Genuity Corp.
Desjardins Securities Inc.
Raymond James Ltd.
Dundee Securities Ltd.
Industrial Alliance Securities Inc.
Laurentian Bank Securities Inc.
Mackie Research Capital Corporation

Promoter(s):

Petro Assets Inc.

Project #2430549

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Issuer Name:

Manulife Global Healthcare Trust
Principal Jurisdiction -- Ontario

Type and Date:

Preliminary Long Form Prospectus dated September 25, 2015
Withdrawn on January 26, 2016

Offering Price and Description:

Maximum Offering: $ * -- * Units
Minimum Offering: $20,000,000.00 -- 2,000,000 Class A Units
Price: $10.00 per Class A Unit and U.S. $10.00 per Class U Unit
Minimum Subscription: $1,000.00 for Class A Units and U.S. $1,000.00 for Class U Uniits

Underwriter(s) or Distributor(s):

RBC Dominion Securities Inc.
CIBC World Markets Inc.
BMO Nesbitt Burns Inc.
National Bank Financial Inc.
Scotia Capital Inc.
TD Securities Inc.
GMP Securities L.P.
Manulife Securities Incorporated
Raymond James Ltd.
Canaccord Genuity Corp.
Desjardins Securities Inc.

Promoter(s):

Manulife Asset Management Limited

Project #2400880

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Chapter 12 -- Registrations

Registrants

Type

Company

Category of Registration

Effective Date

 

Voluntary Surrender

Fin-Xo Valeurs Mobilieres Inc. / Fin-Xo Securities Inc.

Investment Dealer

January 26, 2016

 

Voluntary Surrender

Great Pacific Mortgage & Investments Ltd.

Exempt Market Dealer

January 27, 2016

 

 

 

From: Exempt Market Dealer, Investment Fund Manager and Portfolio Manager

 

Change in Registration Category

Greenrock Capital Partners Inc.

 

January 27, 2016

 

 

To: Investment Fund Manager and Portfolio Manager

 

 

New Registration

Freshcap Financial Inc.

Portfolio Manager

February 1, 2016