Citation: 2018 BCSECCOM 377
Cease Trade Order
Marc Geen
Mervyn Geen
(each referred to separately as the Insider)
And
Speakeasy Cannabis Club Ltd.
Section 164 of the Securities Act, R.S.B.C. 1996, c. 418
¶ 1 Speakeasy Cannabis Club Ltd. is a reporting issuer and has not filed:
1. annual audited financial statements for the year ended July 31, 2018, as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), and
2. a Form 51-102F1 Management's Discussion and Analysis for the period ended July 31, 2018, as required under Part 5 of NI 51-102
(the required records).
¶ 2 The Insider may have knowledge of, or access to, a material fact or material change regarding Speakeasy Cannabis that has not been generally disclosed.
¶ 3 Speakeasy Cannabis has agreed to file, immediately after this order is granted, the Notice of Default and, if applicable, Default Status Reports, set out in National Policy 12-203 Management Cease Trade Orders.
¶ 4 Under section 164(1) of the Act, the Executive Director orders that all trading by the Insider in the securities of Speakeasy Cannabis cease until:
1. Speakeasy Cannabis files the required records, completed in accordance with the Act and rules, and
2. the Executive Director revokes this order.
¶ 5 December 3, 2018
Jody-Ann Edman, CPA, CA
Assistant Manager, Financial Reporting
Corporate Finance