Securities Law & Instruments

Ontario Securities Commission Bulletin (OSCB)



(published weekly on behalf of the OSC by Carswell)


Volume 34, Issue 18
-- May 6, 2011 --


Table of Contents


Chapter 1 Notices / News Releases 5163
1.1 Notices 5163
1.1.1 Current Proceedings Before The Ontario Securities Commission 5163
1.1.2 CSA Staff Notice 11-314 – Update of CSA Instruments 5163
1.1.3 Revisions to CSA Staff Notice 24-305 – Frequently Asked Questions About National Instrument 24-101 – Institutional Trade Matching and Settlement and Related Companion Policy 5171
1.2 Notices of Hearing 5190
1.2.1 GrowthWorks Canadian Fund Ltd. and GrowthWorks Ltd. – s. 127(1) of the Act and Rule 16 of the OSC Rules of Procedure (2010), 33 O.S.C.B. 8017 5190
1.3 News Releases 5194
1.3.1 Canadian Securities Regulators Propose Enhanced Policy Concerning Electronic Delivery of Documents 5194
1.4 Notices from the Office of the Secretary 5195
1.4.1 Irwin Boock et al. 5195
1.4.2 American Heritage Stock Transfer Inc. et al. 5195
1.4.3 Bernard Boily 5196
1.4.4 Peter Sbaraglia 5196
1.4.5 North American Financial Group Inc. et al. 5197
1.4.6 Marlon Gary Hibbert et al. 5197
1.4.7 Borealis International Inc. et al. 5198
1.4.8 Biovail Corporation et al. 5198
1.4.9 Innovative Gifting Inc. et al. 5199
1.4.10 Firestar Capital Management Corp. et al. 5199
1.4.11 GrowthWorks Canadian Fund Ltd. and GrowthWorks Ltd. 5200
1.4.12 David M O’Brien 5200
Chapter 2 Decisions, Orders and Rulings 5201
2.1 Decisions 5201
2.1.1 Western Coal Corp. – s. 1(10) 5201
2.1.2 Franconia Minerals Corporation – s. 1(10) 5202
2.1.3 Connor, Clark & Lunn Conservative Income & Growth Fund and Connor, Clark & Lunn Capital Markets Inc. 5203
2.1.4 Algonquin Power Co. – s. 1(10) 5205
2.1.5 Exclamation Investments Corporation 5206
2.1.6 Nesscap Energy Inc. 5210
2.1.7 Cirrus Energy Corporation 5213
2.1.8 Castlerock Investments Inc. et. al. 5214
2.1.9 Petro Uno Resources Ltd. – s. 1(10) 5220
2.1.10 Sprott Asset Management LP et al. 5221
2.1.11 frontierAlt Funds Management Limited et al. 5226
2.1.12 Kria Resources Ltd. – s. 1(10) 5228
2.1.13 First Asset Investment Management Inc. 5229
2.1.14 First Asset Investment Management Inc. 5232
2.1.15 Mackenzie Financial Corporation 5235
2.2 Orders 5240
2.2.1 Irwin Boock et al. – ss. 127, 127.1 5240
2.2.2 American Heritage Stock Transfer Inc. et al. – s. 127(7) 5242
2.2.3 Bernard Boily – s. 127 5243
2.2.4 Peter Sbaraglia – s. 127 5244
2.2.5 North American Financial Group Inc. et al. – ss. 127(7), 127(8) 5244
2.2.6 Marlon Gary Hibbert et al. – s. 127 5245
2.2.7 Borealis International Inc. et al. –ss. 127(1), 127.1 5247
2.2.8 Innovative Gifting Inc. et al. – s. 127 5252
2.2.9 Firestar Capital Management Corp. et al. – s. 127(8) 5253
2.2.10 Touchstone Exploration Inc. – s. 1(11)(b) 5255
2.2.11 David M O’Brien 5257
2.2.12 CME Clearing Europe Limited – s. 147 5259
2.3 Rulings (nil)
Chapter 3 Reasons: Decisions, Orders and Rulings 5261
3.1 OSC Decisions, Orders and Rulings 5261
3.1.1 Borealis International Inc. et al. – ss. 127, 127.1 5261
3.1.2 David M. O’Brien 5277
3.2 Court Decisions, Order and Rulings (nil)
Chapter 4 Cease Trading Orders 5279
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 5279
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 5279
4.2.2 Outstanding Management & Insider Cease Trading Orders 5279
Chapter 5 Rules and Policies (nil)
Chapter 6 Request for Comments (nil)
Chapter 7 Insider Reporting 5281
Chapter 8 Notice of Exempt Financings 5343
Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 5343
Chapter 9 Legislation (nil)
Chapter 11 IPOs, New Issues and Secondary Financings 5345
Chapter 12 Registrations 5357
12.1.1 Registrants 5357
Chapter 13 SROs, Marketplaces, and Clearing Agencies 5359
13.1 SROs (nil)
13.2 Marketplaces (nil)
13.3 Clearing Agencies 5359
13.3.1 Material Amendments to CDS Rules – Real Time Continuous Net Settlement Process – Request for Comments 5359
13.3.2 Material Amendments to CDS Procedures – Real Time CNS Settlement and CNS Settlement Hold – Request for Comments 5365
13.3.3 CME Clearing Europe Limited – Notice of Commission Order – Application for Interim Exemptive Relief 5404
Chapter 25 Other Information 5405
25.1 Consents 5405
25.1.1 EPM Mining Ventures Inc. – s. 4(b) of the Regulation 5405
Index 5407