Business
ASC - Cease Trade Order
ASC - Cease Trade Order.
About this update from Strata Pwr Corp.
[{"type":"text","content":"Citation: 2017 ABASC 70 \t\t\t\t\t\tDate: 20170508Strata Oil & Gas Inc.(the Issuer)CEASE TRADE ORDERUnder the securities legislation of Alberta (Legislation)Background1. This is the order of the Executive Director of the Alberta Securities Commission (Decision Maker).2. The Issuer has not filed the following periodic disclosure required by the Legislation:(a) annual audited financial statements, annual management’s discussion and analysis, certification of the annual filings, and annual information form for the year ended 31 December 2016.3. As a result of this order, if the Issuer is a reporting issuer in a jurisdiction in which Multilateral Instrument 11-103 Failure-to-File Cease Trade Orders in Multiple Jurisdictions applies, a person or company must not trade in or purchase a security of the issuer in that jurisdiction, except in accordance with the conditions that are contained in this order, if any, for so long as this order remains in effect.4. Further, this order takes automatic effect in each jurisdiction of Canada that has a statutory reciprocal order provision, subject to the terms of the local securities legislation.Interpretation5. Terms defined in the Legislation, National Instrument 14-101 Definitions or National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions have the same meaning if used in this order, unless otherwise defined.Order6. The Decision Maker is satisfied that the decision concerning the cease trade meets the test set out in the Legislation to make this decision.7. It is ordered under the Legislation that trading and purchasing cease in respect of each security of the Issuer.8 May 2017“original signed by”Tom GrahamDirector, Corporate FinanceAlberta Securities Commission","length":2539,"tagName":"div"}]