Business
British Columbia Securities Commission - Cease Trade Order
British Columbia Securities Commission - Cease Trade Order.
About this update from Cnbx Pharmaceuticals Inc.
[{"type":"text","content":"2011 BCSECCOM 409Cease Trade OrderAmerican Mining CorporationSection 164 of the Securities Act, R.S.B.C. 1996, c. 418¶ 1\tAmerican Mining Corporation (American Mining) is a Nevada corporation that is an OTC reporting issuer under BC Instrument 51-509 Issuers Quoted on the U.S. Over-the-Counter Markets(BCI 51-509).¶ 2\tAmerican Mining has not filed:1.\tinterim financial statements for the interim periods ended November 30, 2008, February 28, 2009, May 31, 2009, November 30, 2009, February 28, 2010, May 31, 2010, November 30, 2010, February 28, 2011 and May 31, 2011, as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations(NI 51-102) and section 5(b) of BCI 51-509, 2.\tcomparative annual financial statements for its financial years ended August 31, 2009 and August 31, 2010, as required under Part 4 of NI 51-502 and section 5(b) of BCI 51-509,3.\tForm 51-102F1 Management's Discussion and Analysisfor the periods ended November 30, 2008, February 28, 2009, May 31, 2009, August 31, 2009, November 30, 2009, February 28, 2010, May 31, 2010, August 31, 2010, November 30, 2010, February 28, 2011 and May 31, 2011, as required under Part 5 of NI 51-102 and section 5(b) of BCI 51-509, 4.\tForm 51-102F2 Annual Information Formfor the years ended August 31, 2009 and August 31, 2010, as required under section 5(c) of BCI 51-509, 5.\tcopies of news releases and related material change reports disclosing material changes in American Mining’s affairs since September 15, 2008, including:(a)\tits agreement on May 29, 2009 with SuperPV Technology Inc. to acquire a licence to manufacture and distribute certain products for 85 million shares of American Mining’s common stock (common shares), representing 86% of its outstanding common shares, and the rescission of the agreement on June 30, 2009,(b)\tits agreement on November 25, 2009, to acquire by assignment the right to acquire up to a 49% working interest in six natural gas wells in Alberta for up to $1,000,000, the related proposed issue of 75 million common shares, and the subsequent non-completion of the acquisition,(c)\tthe 20 to one reverse split of its outstanding common shares and amendment and restatement of its Articles of Incorporation effective September 30, 2009,(d)\tin April 2011, mana...