The Ontario Securities Commission
OSC Bulletin
October 10, 2013
Volume 36, Issue 41
(2013), 36 OSCB
The Ontario Securities Commission administers the Securities Act of Ontario (R.S.O. 1990, c. S.5) and the Commodity Futures Act of Ontario (R.S.O. 1990, c. C.20)
The Ontario Securities Commission Published under the authority of the Commission by: Cadillac Fairview Tower Carswell, a Thomson Reuters business Suite 1903, Box 55 One Corporate Plaza 20 Queen Street West 2075 Kennedy Road Toronto, Ontario Toronto, Ontario M5H 3S8 M1T 3V4
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Table of Contents
Chapter 1 Notices / News Releases 2.1.12 Medicago Inc. – s. 1(10) ...... 9769 1.1 Notices ...... 9709 2.2 Orders ...... 9770 1.1.1 Current Proceedings before the 2.2.1 David M. O’Brien – s. 9(1) of the SPPA Ontario Securities Commission ...... 9709 and Rules 5.2(1), 8.1 of the OSC 1.1.2 OSC Staff Notice 21-707 – Swap Rules of Procedure ...... 9770 Execution Facilities – Exemption from 2.2.2 Oversea Chinese Fund Limited Requirement to be Recognized Partnership et al. – ss. 127(7) and (8)...... 9774 as an Exchange ...... 9716 2.2.3 Ernst & Young LLP (Audits of Zungui 1.1.3 CSA Staff Notice 13-320 Regarding Haixi Corporation) – ss. 127, 127.1 ...... 9775 Implementation of Multilateral Instrument 2.2.4 Global Consulting and Financial 13-102 System Fees for SEDAR and NRD Services et al. – ss. 27, 127(1), 127(10) ...... 9776 and Related Consequential Amendments 2.2.5 First Quadrant, L.P. – s. 80 of the CFA ...... 9778 to CSA National Systems Rules ...... 9717 2.2.6 Alpha Trading Systems Limited 1.2 Notices of Hearing ...... 9719 Partnership et al. – s. 15.1 of NI 21-101 1.2.1 Weizhen Tang – ss. 127(1), 127(10) ...... 9719 Marketplace Operation ...... 9786 1.2.2 Normand Gauthier et al. – s. 127 of the 2.2.7 360 Trading Networks Inc. – s. 147 ...... 9789 Act and Rule 12 of the OSC Rules 2.2.8 BGC Derivative Markets, L.P. – s. 147 ...... 9794 of Procedure ...... 9722 2.2.9 INFX SEF, Inc. – s. 147 ...... 9799 1.3 News Releases ...... 9723 2.2.10 Javelin SEF, LLC – s. 147 ...... 9804 1.3.1 September 20, 2013 Meeting of the 2.2.11 Bloomberg SEF LLC – s. 147 ...... 9809 Principals of the OTC Derivative 2.2.12 GFI Swaps Exchange LLC – s. 147 ...... 9814 Regulators Group ...... 9723 2.2.13 ICAP SEF (US) LLC – s. 147 ...... 9819 1.3.2 CSA Announces Change in Cutover Date 2.2.14 TeraExchange, LLC – s. 147 ...... 9824 for Information Management Services ...... 9725 2.2.15 ICE SWAP TRADE, LLC – s. 147 ...... 9829 1.3.3 CSA Encourages All Canadians to Take 2.2.16 Thomson Reuters (SEF) LLC – s. 147 ...... 9835 Time to “Check Before You Invest” ...... 9726 2.1.17 tpSEF Inc. – s. 147 ...... 9840 1.4 Notices from the Office 2.2.18 Tradition SEF Inc. – s. 147 ...... 9845 of the Secretary ...... 9728 2.2.19 TW SEF LLC – s. 147 ...... 9850 1.4.1 David M. O’Brien ...... 9728 2.3 Rulings ...... (nil) 1.4.2 Oversea Chinese Fund Limited Partnership et al...... 9728 Chapter 3 Reasons: Decisions, Orders and 1.4.3 Weizhen Tang ...... 9729 Rulings ...... 9855 1.4.4 Normand Gauthier et al...... 9729 3.1 OSC Decisions, Orders and Rulings ...... 9855 1.4.5 Ernst & Young LLP (Audits of Zungui 3.1.1 FCPF Corporation (formerly known as Haixi Corporation) ...... 9730 Redev Corporation) and Richard Crenian ...... 9855 1.4.6 Global Consulting and Financial 3.1.2 Global Consulting and Financial Services et al...... 9730 Services et al...... 9859 3.2 Court Decisions, Order and Rulings ...... (nil) Chapter 2 Decisions, Orders and Rulings ...... 9731 2.1 Decisions ...... 9731 Chapter 4 Cease Trading Orders ...... 9861 2.1.1 Robert W. Baird & Co. Incorporated ...... 9731 4.1.1 Temporary, Permanent & Rescinding 2.1.2 Canadian Lamb Producers Issuer Cease Trading Orders ...... 9861 Cooperative Inc...... 9735 4.2.1 Temporary, Permanent & Rescinding 2.1.3 CMC Markets UK Plc and Management Cease Trading Orders ...... 9861 CMC Markets Canada Inc...... 9742 4.2.2 Outstanding Management & Insider 2.1.4 Timbercreek Mortgage Investment Cease Trading Orders ...... 9861 Corporation ...... 9749 2.1.5 Stuart Investment Management Chapter 5 Rules and Policies ...... (nil) Limited et al...... 9751 2.1.6 Counsel Portfolio Services Inc. and Chapter 6 Request for Comments ...... (nil) IPC Securities Corporation ...... 9753 2.1.7 Desjardins Investments Inc. et al...... 9754 Chapter 7 Insider Reporting ...... 9863 2.1.8 Timbercreek Senior Mortgage Investment Corporation ...... 9758 Chapter 8 Notice of Exempt Financings...... 9837 2.1.9 Guardian Capital LP et al...... 9760 Reports of Trades Submitted on 2.1.10 Guardian Capital LP et al...... 9764 Forms 45-106F1 and 45-501F1 ...... 9737 2.1.11 Galvanic Applied Sciences Inc...... 9768
October 10, 2013 (2013), 36 OSCB
Table of Contents
Chapter 9 Legislation ...... (nil)
Chapter 11 IPOs, New Issues and Secondary Financings ...... 9991
Chapter 12 Registrations ...... 10003 12.1.1 Registrants ...... 10003
Chapter 13 SROs, Marketplaces and Clearing Agencies ...... 10005 13.1 SROs...... 10005 13.1.1 Notice of Ministerial Approval of Memorandum of Understanding between Certain Provincial Securities Regulators Concerning the Mutual Fund Dealers Association of Canada (MFDA) ...... 10005 13.1.2 OSC Staff Notice of Approval – MFDA Proposed Amendments to MFDA Rules 2.2.5 (Relationship Disclosure), 2.4.4 (Transaction Fees or Charges) and 5.4.2 (Trade Confirmations – Automatic Payment Plans) ...... 10006 13.2 Marketplaces ...... (nil) 13.3 Clearing Agencies ...... (nil)
Chapter 25 Other Information ...... 10007 25.1 Approvals ...... 10007 25.1.1 Capital International Asset Management (Canada) Inc. – s. 213(3)(b) of the LTCA ...... 10007
Index ...... 10009
October 10, 2013 (2013), 36 OSCB
Chapter 1
Notices / News Releases
1.1 Notices SCHEDULED OSC HEARINGS
1.1.1 Current Proceedings Before The Ontario October 15-18, Eda Marie Agueci, Dennis Wing, Securities Commission October 23 – Santo Iacono, Josephine Raponi, November 4, Kimberley Stephany, Henry October 10, 2013 November 6-12, Fiorillo, Giuseppe (Joseph) November 14- Fiorini, John Serpa, Ian Telfer, CURRENT PROCEEDINGS 18, November Jacob Gornitzki and Pollen 20 – December Services Limited BEFORE 2, December 4- 16 and s. 127 ONTARIO SECURITIES COMMISSION December 18- 20, 2013 C. Price in attendance for Staff ------10:00 a.m. Panel: EPK/DL/AMR Unless otherwise indicated in the date column, all hearings will take place at the following location: October 18, Heritage Education Funds Inc. Ontario Securities Commission 2013 Cadillac Fairview Tower s. 127 20 Queen Street West, 17th Floor 10:00 a.m. Toronto, Ontario D. Ferris in attendance for Staff M5H 3S8 Panel: JEAT Telephone: 416-597-0681 Telecopier: 416-593-8348
CDS TDX 76 October 21, Children’s Education Funds Inc. 2013 ------s. 127 2:00 p.m. THE COMMISSIONERS D. Ferris in attendance for Staff
Howard I. Wetston, Chair — HIW Panel: JEAT
James E. A. Turner, Vice Chair — JEAT Lawrence E. Ritchie, Vice Chair — LER October 22, Knowledge First Financial Inc. 2013 Mary G. Condon, Vice Chair — MGC s. 127 Sinan O. Akdeniz — SOA 3:00 p.m. Catherine E. Bateman — CEB D. Ferris in attendance for Staff
James D. Carnwath — JDC Panel: JEAT Sarah B. Kavanagh — SBK Edward P. Kerwin — EPK October 23, Innovative Gifting Inc., Terence Vern Krishna __ VK 2013 Lushington, Z2A Corp., and Deborah Leckman — DL Christine Hewitt 10:00 a.m. Alan J. Lenczner — AJL s. 127 Christopher Portner — CP Judith N. Robertson — JNR M. Vaillancourt in attendance for Staff AnneMarie Ryan — AMR Charles Wesley Moore (Wes) Scott — CWMS Panel: JEAT
October 10, 2013 (2013) 36 OSCB 9709
Notices / News Releases
October 24, Energy Syndications Inc., November 12, Irwin Boock, Stanton Defreitas, 2013 Green Syndications Inc., 2013 Jason Wong, Saudia Allie, Alena Syndications Canada Inc., Dubinsky, Alex Khodjaiants 10:00 a.m. Daniel Strumos, Michael Baum 10:00 a.m. Select American Transfer Co., and Douglas William Chaddock Leasesmart, Inc., Advanced Growing Systems, Inc., s. 127 International Energy Ltd., Nutrione Corporation, Pocketop C. Johnson in attendance for Staff Corporation, Asia Telecom Ltd., Pharm Control Ltd., Cambridge Panel: AJL Resources Corporation, Compushare Transfer Corporation, Federated October 25, Juniper Fund Management Purchaser, Inc., TCC Industries, 2013 Corporation, Juniper Income Inc., First National Entertainment Fund, Juniper Equity Growth Corporation, WGI Holdings, Inc. 10:00 a.m. Fund and Roy Brown (a.k.a. Roy and Enerbrite Technologies Brown-Rodrigues) Group
s.127 and 127.1 s. 127 and 127.1
D. Ferris in attendance for Staff D. Campbell in attendance for Staff
Panel: VK Panel: VK
October 28, Andrea Lee Mccarthy, BFM November 13, Weizhen Tang 2013 Industries Inc. and Liquid Gold 2013 International Corp. (aka Liquid s. 127 10:00 a.m. Gold International Inc.) 10:00 a.m. C. Rossi in attendance for Staff s. 127 Panel: TBA J. Feasby/C. Watson in attendance for Staff November 21, Oversea Chinese Fund Limited Panel: JDC 2013 Partnership, Weizhen Tang and Associates Inc., Weizhen Tang 10:00 a.m. Corp., and Weizhen Tang November 4 Systematech Solutions Inc., and November April Vuong and Hao Quach s. 127 and 127.1 6-18, 2013 s. 127 H. Craig in attendance for Staff 10:00 a.m. D. Ferris in attendance for Staff Panel: JEAT
Panel: JDC November 28- MRS Sciences Inc. (formerly 29, 2013 Morningside Capital Corp.), November 4 Portfolio Capital Inc., David Americo DeRosa, Ronald and November Rogerson and Amy Hanna- 10:00 a.m. Sherman, Edward Emmons and 6-11, 2013 Rogerson Ivan Cavric
10:00 a.m. s.127 s. 127 and 127(1)
J. Lynch in attendance for Staff D. Ferris in attendance for Staff
Panel: JEAT Panel: MGC/CP
October 10, 2013 (2013) 36 OSCB 9710
Notices / News Releases
December 4, New Hudson Television January 27, Welcome Place Inc., Daniel 2013 Corporation, New Hudson 2014 Maxsood also known as Television L.L.C. & James Dmitry Muhammad M. Khan, Tao Zhang, 10:00 a.m. Salganov 10:00 a.m. and Talat Ashraf
s. 127 s. 127
C. Watson in attendance for Staff G. Smyth in attendance for Staff
Panel: TBA Panel: TBA
December 5, Quadrexx Asset Management February 3, Tricoastal Capital Partners LLC, 2013 Inc., Quadrexx Secured Assets 2014 Tricoastal Capital Management Inc., Offshore Oil Vessel Supply Ltd. and Keith Macdonald 10:00 a.m. Services LP, Quibik Income Fund 10:00 a.m. Summers and Quibik Opportunities Fund s.127 s. 127 C Johnson/G. Smyth in attendance D. Ferris in attendance for Staff for Staff
Panel: JEAT Panel: TBA
December 17, Global Energy Group, Ltd., New March 17-24 & Newer Technologies Limited, 2013 Gold Limited Partnerships, March 26, 2014 Ryan Pickering and Rodger Frey Christina Harper, Howard Rash, 3:30 p.m. Michael Schaumer, Elliot Feder, 10:00 a.m. s. 127 and 127.1 Vadim Tsatskin, Oded Pasternak, Alan Silverstein, Herbert B. Shulman in attendance for staff Groberman, Allan Walker, Peter Robinson, Vyacheslav Panel: TBA Brikman, Nikola Bajovski, Bruce Cohen and Andrew Shiff March 27, 2014 AMTE Services Inc., Osler Energy s. 127 Corporation, Ranjit Grewal, Phillip 10:00 a.m. Colbert and Edward Ozga C. Watson in attendance for Staff s. 127 Panel: EPK C. Rossi in attendance for Staff
January 13, International Strategic Panel: JEAT January 15-27, Investments, International January 29 – Strategic Investments February 10, Inc., Somin Holdings Inc., Nazim March 31 – Issam El-Bouji, Global RESP February 12-14 Gillani and Ryan J. Driscoll. April 7, April 9- Corporation, Global Growth and February 17, April 21 and Assets Inc., Global Educational 18-21, 2014 s. 127 April 23-30, Trust Foundation and Margaret 2014 Singh 10:00 a.m. C. Watson in attendance for Staff 10:00 a.m. s. 127 and 127.1 Panel: TBA M. Vaillancourt in attendance for Staff
Panel: TBA
October 10, 2013 (2013) 36 OSCB 9711
Notices / News Releases
March 31 – Ronald James Ovenden, New May 1, 2015 Ernst & Young LLP (Audits of April 7 and April Solutions Capital Inc., New Zungui Haixi Corporation) 9-11, 2014 Solutions Financial Corporation 10:00 a.m. and New Solutions Financial (Ii) s. 127 and 127.1 10:00 a.m. Corporation J. Friedman in attendance s. 127 for Staff
Y. Chisholm in attendance for Staff Panel: TBA
Panel: TBA In writing Morgan Dragon Development Corp., John Cheong (aka Kim June 2, 4-6, 10- Sino-Forest Corporation, Allen Meng Cheong), Herman Tse, 16, 18-20, 24- Chan, Albert Ip, Alfred C.T. Hung, Devon Ricketts and Mark Griffiths 30, July 3-4, 8- George Ho, Simon Yeung and 14, 16-18, 22- David Horsley s. 127 25, August 11, 13-15, 19-25, s.127 J. Feasby in attendance for Staff 27-29, September 2-8, H. Craig in attendance for Staff Panel: EPK 10-15, October 15-20, 22-24, Panel: TBA 28-31, In writing Blackwood & Rose Inc., Steven November 3, 5- Zetchus and Justin Kreller (also 7, 11, 19-21, known as Justin Kay) 25-28, December 1, 3- s. 37, 127 and 127.1 5, 9-15, 17-19, 2014, January C. Rossi in attendance for Staff 7-12, 14-16, 20- 26, 28-30, and Panel: JEAT February 3- 9, 11-13, 2015 In writing Bunting & Waddington Inc., Arvind Sanmugam and Julie September 15- Paul Azeff, Korin Bobrow, Winget 22, September Mitchell Finkelstein, Howard 24, September Jeffrey Miller and Man Kin Cheng s. 127 and 127.1 29 – October 6, (a.k.a. Francis Cheng) October 8-10, M. Britton/A. Pelletier in attendance October 14- s. 127 for Staff October 20, October 22- T. Center/D. Campbell in attendance Panel: EPK November 3 for Staff and November In writing Global Consulting and Financial 5-7, 2014 Panel: TBA Services, Global Capital Group, Crown Capital Management 10:00 a.m. Corp., Michael Chomica, Jan November 11- Ernst & Young LLP Chomica and Lorne Banks 17, 19-21, November 25 – s. 127 and 127.1 s. 127 December 1, December 3-5, H. Craig in attendance for Staff C. Rossi in attendance for Staff 9-15, 17-19, 2014, January Panel: TBA Panel: AJL 14-16, 20-26, 28-30, February 3-9, 11-13, 17- 23, 25-27 and March 3-6, 2015
October 10, 2013 (2013) 36 OSCB 9712
Notices / News Releases
TBA Yama Abdullah Yaqeen TBA David M. O’Brien
s. 8(2) s. 37, 127 and 127.1
J. Superina in attendance for Staff B. Shulman in attendance for Staff
Panel: TBA Panel: TBA
TBA Microsourceonline Inc., Michael TBA Crown Hill Capital Corporation Peter Anzelmo, Vito Curalli, Jaime and Wayne Lawrence Pushka S. Lobo, Sumit Majumdar and Jeffrey David Mandell s. 127
s. 127 A. Perschy/A. Pelletier in attendance for Staff Panel: TBA Panel: TBA
TBA Frank Dunn, Douglas Beatty, Michael Gollogly TBA Portus Alternative Asset Management Inc., Portus Asset s. 127 Management Inc., Boaz Manor, Michael Mendelson, Michael Panel: TBA Labanowich and John Ogg
s. 127 TBA Gold-Quest International and Sandra Gale H. Craig in attendance for Staff
s. 127 Panel: TBA
C. Johnson in attendance for Staff TBA Fawad Ul Haq Khan and Panel: TBA Khan Trading Associates Inc. carrying on business as Money Plus TBA Brilliante Brasilcan Resources Corp., York Rio Resources Inc., s. 60 and 60.1 of the Commodity Brian W. Aidelman, Jason Futures Act Georgiadis, Richard Taylor and Victor York T. Center in attendance for Staff
s. 127 Panel: TBA
H. Craig in attendance for Staff TBA Global RESP Corporation and Panel: TBA Global Growth Assets Inc.
s. 127 TBA Uranium308 Resources Inc., Michael Friedman, George D. Ferris in attendance for Staff Schwartz, Peter Robinson, and Shafi Khan Panel: TBA
s. 127
H. Craig/C. Rossi in attendance for Staff
Panel: TBA
October 10, 2013 (2013) 36 OSCB 9713
Notices / News Releases
TBA Garth H. Drabinsky, Myron I. TBA Kevin Warren Zietsoff Gottlieb and Gordon Eckstein s. 127 s. 127 J. Feasby in attendance for Staff J. Friedman in attendance for Staff Panel: TBA Panel: TBA
TBA North American Financial Group TBA New Hudson Television LLC & Inc., North American Capital Inc., Dmitry James Salganov Alexander Flavio Arconti, and Luigino Arconti s. 127 s. 127 C. Watson in attendance for Staff M. Vaillancourt in attendance for Panel: TBA Staff
TBA Jowdat Waheed and Bruce Walter Panel: TBA
s. 127 TBA David Charles Phillips and John Russell Wilson J. Lynch in attendance for Staff s. 127
Y. Chisholm/B. Shulman in attendance for Staff TBA Alexander Christ Doulis (aka Alexander Christos Doulis, Panel: TBA aka Alexandros Christodoulidis) and Liberty Consulting Ltd. TBA Global Consulting and Financial s. 127 Services, Crown Capital Management Corporation, J. Feasby in attendance for Staff Canadian Private Audit Service, Executive Asset Management, Panel: TBA Michael Chomica, Peter Siklos (also known as Peter Kuti), Jan Chomica, Conrad M. Black, John A and Lorne Banks Boultbee and Peter Y. Atkinson s. 127
s. 127 and 127.1 C. Rossi in attendance for Staff
J. Friedman in attendance for Staff Panel: TBA
Panel: TBA TBA Pro-Financial Asset Management Inc. TBA 2196768 Ontario Ltd carrying on business as Rare Investments, s. 127 Ramadhar Dookhie, Adil Sunderji and Evgueni Todorov D. Ferris in attendance for Staff
s. 127 Panel: TBA
D. Campbell in attendance for Staff
Panel: TBA
October 10, 2013 (2013) 36 OSCB 9714
Notices / News Releases
TBA Ground Wealth Inc., Michelle Dunk, Adrion Smith, Joel Webster, Douglas DeBoer, Armadillo Energy Inc., Armadillo Energy, Inc., and Armadillo Energy LLC
s. 127
J. Feasby in attendance for Staff
Panel: TBA
ADJOURNED SINE DIE
Global Privacy Management Trust and Robert Cranston
LandBankers International MX, S.A. De C.V.; Sierra Madre Holdings MX, S.A. De C.V.; L&B LandBanking Trust S.A. De C.V.; Brian J. Wolf Zacarias; Roger Fernando Ayuso Loyo, Alan Hemingway, Kelly Friesen, Sonja A. McAdam, Ed Moore, Kim Moore, Jason Rogers and Dave Urrutia
October 10, 2013 (2013) 36 OSCB 9715
Notices / News Releases
1.1.2 OSC Staff Notice 21-707 – Swap Execution Facilities – Exemption from Requirement to be Recognized as an Exchange
OSC STAFF NOTICE 21-707 – SWAP EXECUTION FACILITIES – EXEMPTION FROM REQUIREMENT TO BE RECOGNIZED AS AN EXCHANGE
Swap execution facilities (SEFs) are a new type of marketplace for trading swaps in the United States. They are governed by the Dodd-Frank Act and rules of the United States Commodity Futures Trading Commission.
Because SEFs have self-regulatory responsibilities, they are considered “exchanges” under Ontario securities law. If a SEF provides access to participants in Ontario, it is considered to be doing business in Ontario and must be recognized as an exchange or obtain an exemption from recognition.
The Commission has exempted certain SEFs from the requirement to be recognized as an exchange, subject to the terms and conditions set out in each order. Copies of the exemption orders are in Chapter 2 of this Bulletin and on the OSC website.
Please refer any questions to
Timothy Baikie Senior Legal Counsel, Market Regulation Ontario Securities Commission 416-593-8136 [email protected]
Alex Petro Oversight Analyst, Market Regulation Ontario Securities Commission 416-263-3796 [email protected]
October 10, 2013 (2013) 36 OSCB 9716
Notices / News Releases
1.1.3 CSA Staff Notice 13-320 Regarding Implementation of Multilateral Instrument 13-102 System Fees for SEDAR and NRD and Related Consequential Amendments to CSA National Systems Rules
CSA Staff Notice 13-320 Regarding Implementation of Multilateral Instrument 13-102 System Fees for SEDAR and NRD and Related Consequential Amendments to CSA National Systems Rules
October 8, 2013
This notice provides an update on the transition of the operation of SEDAR, SEDI and NRD (the CSA National Systems) from CDS INC. to CGI Information Systems and Management Consultants Inc. (CGI) and the implementation of Multilateral Instrument 13-102 System Fees for SEDAR and NRD (MI 13-102) and related amendments to:
• National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR) (NI 13-101),
• National Instrument 31-102 National Registration Database (NI 31-102), and
• National Instrument 55-102 System for Electronic Disclosure by Insiders (SEDI) (NI 55-102),
(the Related Consequential Amendments).
In April the Canadian Securities Administrators (CSA) announced that a new service agreement had been signed with CGI pursuant to which CGI will assume responsibility for hosting, operating and maintaining the CSA National Systems when the agreements with the current service provider expire. CSA staff previously announced that CGI would assume responsibility for SEDAR, SEDI and NRD related services on October 12, 2013. This implementation cutover has now been rescheduled to December 2, 2013.
The system fees that are described in MI 13-102 will still be implemented on October 12. However, the CSA will delay implementing the Related Consequential Amendments until December 2. CSA members, other than the Ontario Securities Commission (OSC), have either amended the effective date of the Related Consequential Amendments to December 2, 2013 or intend to issue blanket orders to delay the effective date of the Related Consequential Amendments.
While the OSC cannot delay the effective date of the amendments, OSC staff request that, until December 2, 2013, Ontario market participants continue to treat CDS INC. as the SEDAR filing service contractor under NI 13-101, the SEDI operator under NI 55-102 and the NRD administrator under NI 31-102 and OSC Rule 31-509 National Registration Database (Commodity Futures Act), as if the Related Consequential Amendments were not in force.
Questions
Please refer your questions to any of the following:
Autorité des marchés financiers Mathieu Laberge Legal Counsel Legal Affairs 514-395-0337 ext.2537 1-877-525-0337 ext. 2537 [email protected]
Alberta Securities Commission Samir Sabharwal Associate General Counsel 403-297-7389 [email protected]
October 10, 2013 (2013) 36 OSCB 9717
Notices / News Releases
British Columbia Securities Commission David M. Thompson General Counsel 604-899-6537 [email protected]
Manitoba Securities Commission Chris Besko Legal Counsel – Deputy Director 204-945-2561 [email protected]
Ontario Securities Commission Robert Galea Legal Counsel General Counsel’s Office 416-593-2321 [email protected]
October 10, 2013 (2013) 36 OSCB 9718
Notices / News Releases
1.2 Notices of Hearing
1.2.1 Weizhen Tang – ss. 127(1), 127(10)
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF WEIZHEN TANG
NOTICE OF HEARING (Subsections 127(1) and 127(10))
TAKE NOTICE THAT the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to subsections 127(1) and 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), at the offices of the Commission, 20 Queen Street West, 17th Floor Hearing Room, Toronto, Ontario, commencing on November 13, 2013 at 10:00 a.m.
TO CONSIDER whether, in the opinion of the Commission, it is it is in the public interest, pursuant to subsections 127(1) and 127(10) of the Act, to order that:
a. pursuant to clause 2 of subsection 127(1) of the Act, trading in any securities by Tang cease permanently or for such period as is specified by the Commission;
b. pursuant to clause 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Tang is prohibited permanently or for such other period as is specified by the Commission;
c. pursuant to clause 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Tang permanently or for such period as is specified by the Commission;
d. pursuant to clause 6 of subsection 127(1) of the Act, Tang be reprimanded;
e. pursuant to clauses 7, 8.1 and 8.3 of subsection 127(1) of the Act, Tang resign all positions that he may hold as an officer or director of any issuer, registrant or investment fund manager;
f. pursuant to clauses 8, 8.2 and 8.4 of subsection 127(1) of the Act, Tang be prohibited permanently or for such other period as is specified by the Commission from becoming or acting as an officer or director of any issuer, registrant or investment fund manager;
g. pursuant to clause 8.5 of subsection 127(1) of the Act, Tang be prohibited permanently or for such other period as is specified by the Commission from becoming or acting as a registrant, an investment fund manager or a promoter; and
h. to make such other order or orders as the Commission considers appropriate.
BY REASON of the allegations set out in the Statement of Allegations of Staff of the Commission dated September 30, 2013 and such additional allegations as counsel may advise and the Commission may permit;
AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel at the hearing;
AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceedings.
DATED at Toronto this 30th day of September 2013.
“John Stevenson” Secretary to the Commission
October 10, 2013 (2013) 36 OSCB 9719
Notices / News Releases
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF WEIZHEN TANG
STATEMENT OF ALLEGATIONS OF STAFF OF THE ONTARIO SECURITIES COMMISSION
Staff of the Ontario Securities Commission (“Staff”) allege:
I. OVERVIEW
1. On October 30, 2012, following a trial in the Ontario Superior Court of Justice before a judge and jury, Weizhen Tang (“Tang”) was found guilty of one count of fraud over $5,000 contrary to section 380(1) of the Criminal Code, R.S.C. 1985, c. C-46, as amended (the "Criminal Code").
2. A sentencing hearing was subsequently held before Justice O’Marra who issued oral reasons on February 1, 2013 (the “Reasons for Sentence”) and sentenced Tang to, inter alia, a term of imprisonment of six years.
3. The offence for which Tang was convicted arose from a transaction, business or course of conduct related to securities and/or derivatives.
4. Staff are seeking an inter-jurisdictional enforcement order reciprocating Tang’s conviction, pursuant to paragraph 1 of subsection 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”).
5. The conduct for which Tang was convicted took place between January 2006 and March 2009 (the “Material Time”).
II. THE RESPONDENT
6. Tang is resident of Ontario. From January 22, 2008 to March 17, 2009 Tang was registered with the Ontario Securities Commission (the “Commission”) as a Trading Officer of Weizhen Tang Corp., a dealer registered in the category of limited market dealer.
III. THE SUPERIOR COURT OF JUSTICE PROCEEDINGS
The Conviction
7. The offence with which Tang was charged was set forth in the indictment, on which he was tried and convicted, as follows:
WEIZHEN TANG stands charged that he, during the period from and including the 1st day of March in the year 1999, to and including the 31st day of March in the year 2009, at the City of Toronto, in the Toronto Region, by deceit, falsehood or other fraudulent means, did defraud members of the public of monies of a value exceeding five thousand dollars, contrary to section 380(1) (a) of the Criminal Code, as amended.
The Sentencing Findings
8. In the Reasons for Sentence, Justice O’Marra found, among other things, that:
a. [t]he nature of [Tang’s] offence involved defrauding investors from Canada, [the] United States and China in an investment fund he managed;
b. [Tang] raised over $50 million from January 2006 to March 2009;
c. by February 27, 2009, there was little more than $1,400 left in the fund; and
d. there was overwhelming evidence presented at the trial that Mr. Tang committed fraud:
October 10, 2013 (2013) 36 OSCB 9720
Notices / News Releases
i. by making false representations to potential investors as to the nature of the investments he would make for them;
ii. by providing false account statement about the earned returns on the investors’ investment contributions;
iii. by using money of recent investors to redeem the accounts of earlier investors, a fraudulent practice referred to as a “Ponzi” scheme; and
iv. the unwarranted collection of service and commission fees, contrary to representations made to his investors of his “no profit, no fees” policy.
The Sentence
9. Justice O’Marra sentenced Tang to six years in the penitentiary and ordered Tang to pay a fine in lieu of forfeiture of $2,849,459.50 within five years after he completes his sentence. Justice O’Marra further ordered that in default of payment of the fine, Tang be imprisoned for an additional five years.
IV. JURISDICTION OF THE ONTARIO SECURITIES COMMISSION
10. Pursuant to paragraph 1 of subsection 127(10) of the Act, Tang’s conviction for an offence arising from a transaction, business or course of conduct related to securities or derivatives may form the basis for an order in the public interest made under subsection 127(1) of the Act.
11. Staff submit that it is in the public interest to make orders against Tang.
12. Staff reserve the right to amend these allegations and to make such further and other allegations as Staff deem fit and the Commission may permit.
DATED at Toronto, this 30th day of September 2013.
October 10, 2013 (2013) 36 OSCB 9721
Notices / News Releases
1.2.2 Normand Gauthier et al. – s. 127 of the Act and Rule 12 of the OSC Rules of Procedure
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF NORMAND GAUTHIER, GENTREE ASSET MANAGEMENT INC., R.E.A.L. GROUP FUND III (CANADA) LP, and CANPRO INCOME FUND I, LP
AND
IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN STAFF OF THE ONTARIO SECURITIES COMMISSION AND NORMAND GAUTHIER, GENTREE ASSET MANAGEMENT INC., R.E.A.L. GROUP FUND III (CANADA) LP, and CANPRO INCOME FUND I, LP
NOTICE OF HEARING (Section 127 of the Act and Rule 12 of the Commission’s Rules of Procedure)
TAKE NOTICE THAT the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to section 127 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") at the offices of the Commission, at 20 Queen Street West, 17th Floor, Toronto, Ontario, M5H 3S8, on October 8, 2013 at 3:30 p.m., or as soon thereafter as the hearing can be held:
AND TAKE NOTICE that the purpose of the hearing is for the Commission to consider whether it is in the public interest to approve the Settlement Agreement between Staff of the Commission and Normand Gauthier, Gentree Asset Management Inc., R.E.A.L. Group Fund III (Canada) LP, and CanPro Income Fund I, LP;
BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission dated March 27, 2012, and such additional allegations as counsel may advise and the Commission may permit;
AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;
AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceedings.
DATED at Toronto this 2nd day of October, 2013.
“Daisy G. Aranha” Per: John Stevenson Secretary to the Commission
October 10, 2013 (2013) 36 OSCB 9722
Notices / News Releases
1.3 News Releases
1.3.1 September 20, 2013 Meeting of the Principals of the OTC Derivative Regulators Group
FOR IMMEDIATE RELEASE October 3, 2013
SEPTEMBER 20, 2013 MEETING OF THE PRINCIPALS OF THE OTC DERIVATIVE REGULATORS GROUP
TORONTO – Principals and senior representatives of authorities responsible for the regulation of the over-the-counter (OTC) derivatives markets in Australia, Brazil, the European Union, Hong Kong, Japan, Ontario, Québec, Singapore, Switzerland and the United States met on 20 September 2013 at the headquarters of the European Securities and Markets Authority (ESMA) in Paris.
The Principals and representatives include:
• Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA);
• Greg Medcraft, Chairman of the Australian Securities and Investments Commission;
• Leonardo Pereira, Chairman of the Comissão de Valores Mobiliários (Brazil);
• Patrick Pearson, Acting Director at the European Commission;
• Ashley Alder, Chief Executive Officer of the Hong Kong Securities and Futures Commission;
• Masamichi Kono, Vice-Commissioner of the Japan Financial Services Agency;
• Howard Wetston, Chair of the Ontario Securities Commission;
• Anne Héritier Lachat, Chair of the Swiss Financial Market Supervisory Authority;
• Gary Gensler, Chairman of the United States Commodity Futures Trading Commission;
• Mary Jo White, Chair of the United States Securities and Exchange Commission;
• Chuan Teck Lee, Assistant Managing Director at the Monetary Authority of Singapore;
• Louis Morisset, President and CEO, l’Autorité des marchés financiers du Québec.
The Principals discussed generally:
1. The application of clearing requirements to foreign branches and affiliates;
2. Risk mitigation techniques for non-centrally cleared derivatives transactions, such as timely confirmation, portfolio reconciliation, portfolio compression, valuation and dispute resolution;
3. The need to cooperate in the implementation of internationally agreed standards on margin for non-centrally cleared derivatives transactions;
4. Cooperation on equivalence and substituted compliance assessments among the relevant authorities;
5. Cooperation between authorities in the supervision of registered foreign entities;
The Principals agreed to meet again in February to continue the discussion of the above points.
For Media Inquiries: [email protected]
Carolyn Shaw-Rimmington Manager, Public Affairs 416-593-2361
October 10, 2013 (2013) 36 OSCB 9723
Notices / News Releases
Aly Vitunski Senior Media Relations Specialist 416-593-8263
Alison Ford Media Relations Specialist 416-593-8307
Follow us on Twitter: OSC_News
For Investor Inquiries:
OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)
October 10, 2013 (2013) 36 OSCB 9724
Notices / News Releases
1.3.2 CSA Announces Change in Cutover Date for Information Management Services
FOR IMMEDIATE RELEASE October 7, 2013
CSA ANNOUNCES CHANGE IN CUTOVER DATE FOR INFORMATION MANAGEMENT SERVICES
Toronto – The Canadian Securities Administrators (CSA) announced in April 2013, the signing of a new service agreement with CGI Information Systems and Management Consultants Inc. Under the agreement CGI will assume responsibility for the hosting, operation and maintenance of the System for Electronic Document Analysis and Retrieval (SEDAR), the System for Electronic Disclosure by Insiders (SEDI) and the National Registration Database (NRD) (collectively, the “CSA National Systems”) later this year.
The implementation date for the cutover of all SEDAR, SEDI and NRD related services from the previous service provider to CGI was originally scheduled for October 12, 2013, to coincide with the new fee schedule. The implementation cutover date will now take place on Monday, December 2, 2013. More details will be provided as the date approaches.
The revised fees for SEDAR and NRD described in Multilateral Instrument 13-102 System Fees for SEDAR and NRD will be implemented on October 12, 2013 as previously announced. Consequently, SEDAR filers and filing agents who currently have the SEDAR desktop software installed on their workstations will be required to download an update as of that date to account for the new fees.
In addition, on December 2, 2013 new SEDAR desktop software will be provided. Installation of this new software is required to continue to have access to the SEDAR system. Additional information on this installation requirement will follow on the SEDAR website and in a separate communique in November.
Note that users of the SEDI and NRD systems do not need to do anything in preparation for the transition.
Questions concerning the information provided in this release or relating to the transition in general may be directed to [email protected].
The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
For more information:
Carolyn Shaw-Rimmington Mark Dickey Ontario Securities Commission Alberta Securities Commission 416-593-2361 403-297-4481
Sylvain Théberge Richard Gilhooley Autorité des marchés financiers British Columbia Securities Commission 514-940-2176 604-899-6713
October 10, 2013 (2013) 36 OSCB 9725
Notices / News Releases
1.3.3 CSA Encourages All Canadians to Take Time to “Check Before You Invest”
FOR IMMEDIATE RELEASE October 8, 2013
CSA ENCOURAGES ALL CANADIANS TO TAKE TIME TO “CHECK BEFORE YOU INVEST”
Vancouver – October is Investor Education Month and the Canadian Securities Administrators (CSA) is encouraging investors to make use of free online investor education tools that can help with finding and working with a registered financial adviser.
This month, the CSA added two new resources to its website to assist investors complete a background check and registration search – Check Before You Invest and Understanding Registration. The CSA has also refreshed its Working with a Financial Adviser brochure.
“Before investors work with a financial adviser, it is essential that they do some homework on the adviser’s background and registration status,” said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “Investors must do their due diligence whenever they are considering making an investment with a new financial adviser, and the CSA resources can help.”
The CSA provides a ‘check registration’ webpage (www.aretheyregistered.ca) where investors can find:
• the National Registration Search – an online tool that makes checking your financial adviser’s registration quick and easy;
• Understanding Registration – a resource that helps investors understand the results of their search;
• Check Before You Invest – a workbook that people can use to record results of their background research; and
• Working with a Financial Adviser – an updated brochure that walks investors through the steps they should take when considering and working with a financial adviser.
Canadians should also watch for investor education tweets throughout October on @CSA_News for helpful tips and information.
Other brochures and additional information is available on the CSA’s website, www.securities-administrators.ca, in the Investor Tools section.
The CSA, the council of securities regulators of Canada’s provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets. Their mandate is to protect investors from unfair or fraudulent practices through regulation of the securities industry. Part of this protection is educating investors about the risk, responsibilities and rewards of investing.
For more information:
Richard Gilhooley British Columbia Securities Commission 604-899-6713
Carolyn Shaw-Rimmington Ontario Securities Commission 416-593-2361
Sylvain Théberge Autorité des marchés financiers 514-940-2176
Mark Dickey Alberta Securities Commission 403-297-2665
October 10, 2013 (2013) 36 OSCB 9726
Notices / News Releases
Ainsley Cunningham Manitoba Securities Commission 204-945-4733
Wendy Connors-Beckett Financial and Consumer Services Commission New Brunswick 506-643-7745
Tanya Wiltshire Nova Scotia Securities Commission 902-424-8586
Daniela Machuca Financial and Consumer Affairs Authority of Saskatchewan 306-787-5842
Janice Callbeck The Office of the Superintendent of Securities, P.E.I. 902-368-6288
Craig Whalen Office of the Superintendent of Securities Government of Newfoundland and Labrador 709-729-5661
Rhonda Horte Office of the Yukon Superintendent of Securities 867-667-5466
Louis Arki Nunavut Securities Office 867-975-6587
Donn MacDougall Northwest Territories Securities Office 867-920-8984
October 10, 2013 (2013) 36 OSCB 9727
Notices / News Releases
1.4 Notices from the Office of the Secretary 1.4.2 Oversea Chinese Fund Limited Partnership et al. 1.4.1 David M. O’Brien FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE October 2, 2013 October 1, 2013 IN THE MATTER OF IN THE MATTER OF THE SECURITIES ACT, THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED R.S.O. 1990, c. S.5, AS AMENDED AND AND IN THE MATTER OF IN THE MATTER OF OVERSEA CHINESE FUND LIMITED PARTNERSHIP, DAVID M. O’BRIEN WEIZHEN TANG AND ASSOCIATES INC., WEIZHEN TANG CORP. AND WEIZHEN TANG TORONTO – The Commission issued an Order in the above named matter which provides that: TORONTO – The Commission issued a Temporary Order in the above named which provides that the Temporary 1. a confidential pre-hearing conference shall Order is extended until November 25, 2013 and the hearing take place on December 11, 2013 at 10:00 of this matter is adjourned to November 21, 2013 at 10:00 a.m.; a.m. without prejudice to the Respondents to bring an application to vary the Temporary Order pursuant to 2. O’Brien shall file and serve any materials on section 144 of the Act. which he intends to rely at the pre-hearing conference by December 2, 2013; and A copy of the Temporary Order dated September 30, 2013 is available at www.osc.gov.on.ca. 3. the records from the September 30, 2013 and December 11, 2013 confidential pre-hearing OFFICE OF THE SECRETARY conferences shall be sealed and treated as JOHN P. STEVENSON confidential pursuant to subsection 9(1) of the SECRETARY SPPA and rule 8.1 and subrule 5.2(1) of the Rules of Procedure. For media inquiries: [email protected] The pre-hearing conference will be in camera. Carolyn Shaw-Rimmington A copy of the Order dated September 30, 2013 is available Manager, Public Affairs at www.osc.gov.on.ca. 416-593-2361
OFFICE OF THE SECRETARY Aly Vitunski JOHN P. STEVENSON Senior Media Relations Specialist SECRETARY 416-593-8263
For media inquiries: Alison Ford [email protected] Media Relations Specialist 416-593-8307 Carolyn Shaw-Rimmington Manager, Public Affairs For investor inquiries: 416-593-2361 OSC Contact Centre Aly Vitunski 416-593-8314 Senior Media Relations Specialist 1-877-785-1555 (Toll Free) 416-593-8263
Alison Ford Media Relations Specialist 416-593-8307
For investor inquiries:
OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)
October 10, 2013 (2013) 36 OSCB 9728
Notices / News Releases
1.4.3 Weizhen Tang 1.4.4 Normand Gauthier et al.
FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE October 2, 2013 October 3, 2013
IN THE MATTER OF IN THE MATTER OF THE SECURITIES ACT, THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED R.S.O. 1990, c. S.5, AS AMENDED
AND AND
IN THE MATTER OF IN THE MATTER OF WEIZHEN TANG NORMAND GAUTHIER, GENTREE ASSET MANAGEMENT INC., TORONTO – The Office of the Secretary issued a Notice of R.E.A.L. GROUP FUND III (CANADA) LP, and Hearing pursuant to subsections 127(1) and 127(10) CANPRO INCOME FUND I, LP setting the matter down to be heard on November 13, 2013 at 10:00 a.m. or as soon thereafter as the hearing can be AND held in the above named matter. IN THE MATTER OF A copy of the Notice of Hearing dated September 30, 2013 A SETTLEMENT AGREEMENT BETWEEN STAFF and Statement of Allegations of Staff of the Ontario OF THE ONTARIO SECURITIES COMMISSION AND Securities Commission dated September 30, 2013 are NORMAND GAUTHIER, GENTREE ASSET available at www.osc.gov.on.ca. MANAGEMENT INC., R.E.A.L. GROUP FUND III (CANADA) LP, and CANPRO INCOME FUND I, LP OFFICE OF THE SECRETARY JOHN P. STEVENSON TORONTO – The Office of the Secretary issued a Notice of SECRETARY Hearing for a hearing to consider whether it is in the public interest to approve a settlement agreement entered into by For media inquiries: Staff of the Commission and Normand Gauthier, Gentree [email protected] Asset Management Inc., R.E.A.L. Group Fund III (Canada) LP, and CanPro Income Fund I, LP. The hearing will be Carolyn Shaw-Rimmington held on October 8, 2013 at 3:30 p.m. on the 17th floor of Manager, Public Affairs the Commission's offices located at 20 Queen Street West, 416-593-2361 Toronto.
Aly Vitunski A copy of the Notice of Hearing dated October 2, 2013 is Senior Media Relations Specialist available at www.osc.gov.on.ca. 416-593-8263 OFFICE OF THE SECRETARY Alison Ford JOHN P. STEVENSON Media Relations Specialist SECRETARY 416-593-8307 For media inquiries: For investor inquiries: [email protected]
OSC Contact Centre Carolyn Shaw-Rimmington 416-593-8314 Manager, Public Affairs 1-877-785-1555 (Toll Free) 416-593-2361
Aly Vitunski Senior Media Relations Specialist 416-593-8263
Alison Ford Media Relations Specialist 416-593-8307
For investor inquiries:
OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)
October 10, 2013 (2013) 36 OSCB 9729
Notices / News Releases
1.4.5 Ernst & Young LLP (Audits of Zungui Haixi 1.4.6 Global Consulting and Financial Services et al. Corporation) FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE October 4, 2013 October 4, 2013 IN THE MATTER OF IN THE MATTER OF THE SECURITIES ACT, THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED R.S.O. 1990, c. S.5, AS AMENDED AND AND IN THE MATTER OF IN THE MATTER OF GLOBAL CONSULTING AND FINANCIAL SERVICES, ERNST & YOUNG LLP GLOBAL CAPITAL GROUP, (AUDITS OF ZUNGUI HAIXI CORPORATION) CROWN CAPITAL MANAGEMENT CORP., MICHAEL CHOMICA, JAN CHOMICA and TORONTO – The Commission issued an Order in the LORNE BANKS above named matter which provides that: TORONTO – The Commission issued an Order on October 1. the Merits Hearing shall commence on 2, 2013 pursuant to Sections 37, 127(1) and 127(10) of the May 1, 2015 and continue as directed by Securities Act. The Commission also issued its Reasons Order of the Commission; and For Sanctions dated October 2, 2013 in the above named matter. 2. A further confidential pre-hearing shall be held on December 11, 2013 at 11:00 A copy of the Reasons For Sanctions and the Order dated a.m., or such other date as is agreed by October 2, 2013 are available at www.osc.gov.on.ca. the parties and set by the Office of the Secretary. OFFICE OF THE SECRETARY JOHN P. STEVENSON The pre-hearing conference will be held in camera. SECRETARY
A copy of the Order dated September 30, 2013 is available For media inquiries: at www.osc.gov.on.ca. [email protected]
OFFICE OF THE SECRETARY Carolyn Shaw-Rimmington JOHN P. STEVENSON Manager, Public Affairs SECRETARY 416-593-2361
For media inquiries: Aly Vitunski [email protected] Senior Media Relations Specialist 416-593-8263 Carolyn Shaw-Rimmington Manager, Public Affairs Alison Ford 416-593-2361 Media Relations Specialist 416-593-8307 Aly Vitunski Senior Media Relations Specialist For investor inquiries: 416-593-8263 OSC Contact Centre Alison Ford 416-593-8314 Media Relations Specialist 1-877-785-1555 (Toll Free) 416-593-8307
For investor inquiries:
OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)
October 10, 2013 (2013) 36 OSCB 9730
Chapter 2
Decisions, Orders and Rulings
2.1 Decisions a decision under the securities legislation of Ontario (the Legislation) exempting the Filer from 2.1.1 Robert W. Baird & Co. Incorporated (i) the requirements of section 12.1 Capital Headnote Requirements (Section 12.1) of National Instru- ment 31-103 Registration Requirements, Exemp- US broker-dealer registered as portfolio manager in Ontario tions and Ongoing Registrant Obligations (NI 31- – Relief granted to filer permitting it to file SEC Form X-17a- 103) that the Filer maintain excess working capital 5 (FOCUS Report) in lieu of Form 31-103F1 – Represen- calculated using Form 31-103F1 Calculation of tation that the filer will, in the event that it provides a Excess Working Capital (Form 31-103F1); and guarantee of any debt of a third party, deduct the total amount of the guarantee from its excess net capital on the (ii) the requirements of section 12.13 Delivering finan- FOCUS Report, consistent with the requirements of SEC cial information – adviser of NI 31-103, that the Rule 15c3-1 – Exemption granted from requirement to Filer deliver a completed Form 31-103F1 showing prepare financial statements on an audited unconsolidated the calculation of its excess working capital as at basis – Exemption granted from requirements to provide the end of the financial year and as at the end of annual financial statements on a comparative basis and the immediately preceding financial year; that at least one director sign the statement of financial position – Filer to deliver the annual financial statements so long as the Filer calculates its excess net capital using that it files with the SEC and FINRA – Filer must append the U.S. Securities and Exchange Commission (SEC) Form audited supplemental information to annual audited X-17a-5 (the FOCUS Report) and delivers the FOCUS financial statements that corresponds with line 3480 Report in lieu of delivering Form 31-103F1 as required by through to and including line 3910 “Computation of Net NI 31-103 (the FOCUS Report Relief) and for so long as Capital” in the FOCUS Report and the auditor’s report the Filer is subject to SEC Rule 15c3-1 Net Capital relating to the Filer’s financial statements expresses an Requirements for Brokers or Dealers (Rule 15c3-1) and unmodified opinion on the supplemental information – SEC Rule 17a-5 Reports to be Made by Certain Brokers Exemption Sought shall expire on December 31, 2014. and Dealers (Rule 17a-5); and
Applicable Legislative Provisions (iii) the requirements of subsection 3.15(b) Acceptable Accounting Principles for Foreign Registrants of National Instrument 31-103 Registration Requirements, National Instrument 52-107 Acceptable Account- Exemptions and Ongoing Registrant Obligations, ing Principles and Auditing Standards (NI 52-107) ss. 12.1, 12.13, 15.1. that financial statements be prepared in accor- National Instrument 52-107 Acceptable Accounting dance with U.S. GAAP, except that any invest- Principles and Accounting Standards, ss. 3.15, ments in subsidiaries, jointly controlled entities 5.1. and associates must be accounted for as specified for separate financial statements in Inter- October 1, 2013 national Accounting Standard 27 Consolidated and Separate Financial Statements (IAS 27); and IN THE MATTER OF THE SECURITIES LEGISLATION OF (iv) the requirements of section 12.10 Annual financial ONTARIO statements of NI 31-103 that the Filer prepare a (the Jurisdiction) statement of comprehensive income, a statement of changes in equity, a statement of cash flows AND and a statement of financial position for the financial year immediately preceding the most IN THE MATTER OF recently completed financial year and that at least ROBERT W. BAIRD & CO. INCORPORATED one director of the Filer sign the Filer’s statement (the Filer) of financial position;
DECISION so long as the Filer delivers to the regulator the annual audited financial statements that it files with the SEC and Background FINRA (the Financial Statements Relief, and, together with the Focus Report Relief, the Exemption Sought). The Ontario Securities Commission (the Commission) has received an application from the Filer (the Application) for
October 10, 2013 (2013) 36 OSCB 9731
Decisions, Orders and Rulings
Interpretation that the Filer operates in compliance with SEC Rule 15c3-1. Terms defined in National Instrument 14-101 Definitions and NI 52-107 have the same meaning if used in this 9. The Filer is required to prepare and file a FOCUS decision, unless otherwise defined. Report with United States regulators, which is the financial and operational report containing a net Representations capital calculation.
This decision is based on the following facts represented 10. The FOCUS Report provides a more by the Filer: comprehensive description of the business activities of the Filer, and more accurately reflects 1. The Filer is a corporation formed under the laws of those activities including client lending activity, the State of Wisconsin. The head office of the than would be provided by Form 31-103F1, and Filer is located in Milwaukee, Wisconsin. the minimum SEC Rule 15c3-1 requirements applicable to the Filer are a substantially greater 2. The Filer provides wealth management, capital amount than the minimum requirement of NI 31- markets, private equity, and asset management 103. services to individuals, corporations, institutional investors, and municipalities in the United States. 11. The Filer will, in the event that it provides a guarantee of any debt of a third party, deduct the 3. The Filer is registered as a broker-dealer and an total amount of the guarantee from its excess net investment adviser with the SEC and is a member capital on the FOCUS Report, consistent with the of the Financial Industry Regulatory Authority required treatment of such a guarantee under (FINRA). The Filer is a member of the NASDAQ Form 31-103F1. Stock Market, NYSE MKT LLC, BATS Z- Exchange, Inc., BATS Y-Exchange Inc. and the 12. The Filer is subject to certain U.S. reporting New York Stock Exchange. requirements under Rule 17a-5 Reports to Be Made by Certain Brokers and Dealers of the 4. The Filer is registered as a portfolio manager in Securities and Exchange Act, 1934 (SEA Rule Ontario. The Filer is not currently registered in any 17a-5), including the requirement to prepare and other capacity in any Canadian jurisdiction. The file annual audited financial statements. SEA Rule Filer does not currently rely on its registration as a 17a-5 requires that the annual audited financial Portfolio Manager for any activities in Canada. statements of the Filer be filed with the SEC and FINRA. 5. The Filer relies on the international dealer exemption under section 8.18 of NI 31-103 in 13. The SEC currently permits the Filer to file audited Ontario, Alberta, British Columbia, Quebec and consolidated annual financial statements that are Manitoba. The Filer is in compliance with the prepared in accordance with U.S. GAAP, whereas conditions of the international dealer exemption in subsection 3.15(b) of NI 52-107 would require the NI 31-103 and the fee requirement for entities Filer to prepare non-consolidated financial relying on the international dealer exemption statements. under OSC Rule 13-502 Fees. 14. Section 12.10 of NI 31-103 provides that annual 6. With the decision of the Director under the financial statements delivered to the regulator Legislation to grant the Exemption Sought the must include a statement of comprehensive Filer will not be in default of the requirements of income, a statement of changes in equity, a the Legislation. statement of cash flows and a statement of financial position for the most recently completed 7. Under NI 31-103, the Filer is required to calculate financial year and the financial year immediately its excess working capital using Form 31-103F1. preceding the most recently completed financial year, along with notes thereto. Further, section 8. The Filer is subject to regulatory capital 12.10 of NI 31-103 also requires that the requirements under the Securities Exchange Act statement of financial position be signed by at of 1934, specifically Rule 15c3-1, that are least one director of the registered firm. designed to provide regulatory protections that are substantially similar to the protections provided by 15. The annual audited financial statements that the the regulations regarding excess working capital Filer prepares and files with the SEC and FINRA to which dealer members of the Investment include the statement of comprehensive income, Industry Regulatory Organization of Canada the statement of changes in equity, the statement (IIROC) are subject. The Filer is in compliance in of cash flows and the statement of financial all material respects with Rule 15c3-1. The SEC position for the financial year immediately and FINRA have the responsibility for ensuring preceding the most recently completed financial year. However, the signature of a director of the
October 10, 2013 (2013) 36 OSCB 9732
Decisions, Orders and Rulings
Filer for the statement of financial position is not (c) the Filer delivers to the Commission no required by the SEC or FINRA and is not included. later than the 90th day after the end of its These are requirements under section 12.10 of NI respective financial year its FOCUS 31-103. Report as filed with the SEC and FINRA and its annual financial statements 16. The accounting principles and methods used to prepared in accordance with U.S. GAAP prepare the FOCUS Reports that the Filer deliver as permitted by SEA Rule 17a-5; in lieu of Form 31-103F1 are consistent with the accounting principles and methods used to (d) the Filer prepares the FOCUS Report on prepare the annual audited financial statements an unconsolidated basis; that each Filer files with the SEC and FINRA. (e) the Filer will, in the event that it provides 17. Audited supplemental information to the Filer's a guarantee of any debt of a third party, annual audited financial statements, as required deduct the total amount of the guarantee by SEA Rule 17a-5, which includes supplemental from its excess net capital on the FOCUS information that correspond with line 3480 through Report, consistent with the requirements to and including line 3910 "Computation of Net of SEC Rule 15c3-1; Capital" in the FOCUS Report, along with the auditor's report which expresses an unmodified (f) the Filer notifies the Commission as soon opinion on this supplemental information, would as possible if at any time its excess net allow the regulator to assess the capital position of capital as reported in box 3920 of its the Filer and, therefore, achieve the same most recently filed FOCUS Report, regulatory outcomes as the requirements for declines to or is less than zero, and annual audited financial statements prepared in ensures that such capital is not less than accordance with subsection 3.15(b) of NI 52-107 zero for 2 consecutive days; and section 12.10 of NI 31-103. Accordingly, it would be burdensome and costly for the Filer, if it (g) the Filer gives prompt written notice to was required to prepare and file unconsolidated the Commission of any significant issues annual audited financial statements. arising from analysis by U.S. securities regulators of the FOCUS Report filed by Decision the Filer pursuant to SEC and FINRA requirements; The Director is satisfied that the decision meets the test set out in the Legislation for the Ontario Securities Commission (h) the Filer gives prompt written notice to to make the decision. the Commission if the Filer has received written notice from the SEC or FINRA of The decision of the Director under the Legislation is that any material non-compliance in the the Exemption Sought is granted so long as: preparation and filing of its annual financial statements pursuant to the (a) the Filer is registered, and in good requirements of SEA Rule 17a-5; standing, under the securities legislation of the United States in a category of (i) the Filer provides the Commission with at registration that permits it to carry on the least five days written notice prior to any activities in the United States that repayment of subordinated intercompany registration as an investment dealer debt or termination of a subordination would permit it to carry on in Ontario; agreement with respect to intercompany debt; (b) by virtue of the registration referred to in paragraph (a), including required mem- (j) the Filer appends audited supplemental bership in one or more self-regulatory information to its annual audited financial organizations, the Filer is subject to SEC statements, as required by SEA Rule Rule 15c3-1 and SEC Rule 17a-5; and 17a-5, which includes supplemental that the protections provided by SEC information that corresponds with line Rule 15c3-1 and SEC Rule 17a-5 in 3480 through to and including line 3910 respect of maintaining excess net capital "Computation of Net Capital" in the are substantially similar to the protections FOCUS Report; and provided by the capital requirements of IIROC that would be applicable to the (k) the auditor's report relating to the Filer's Filer respectively if they were registered financial statements expresses an under the Legislation as an investment unmodified opinion on the supplemental dealer and were a member of IIROC; information referred to in (j).
October 10, 2013 (2013) 36 OSCB 9733
Decisions, Orders and Rulings
It is further the decision of the Director that the Exemption Sought shall expire on December 31, 2014.
“Marrianne Bridge” Deputy Director, Compliance & Registrant Regulation Ontario Securities Commission
October 10, 2013 (2013) 36 OSCB 9734
Decisions, Orders and Rulings
2.1.2 Canadian Lamb Producers Cooperative Inc.
Headnote
National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Application for relief from the prospectus requirement in connection with the issuance, from time to time, of membership and investment shares of a federally incorporated cooperative. The purpose of the cooperative is to assist members in the marketing and distribution of lamb products through a company incorporated under the Canada Business Corporations Act. Relief granted subject to conditions.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am.
May 9, 2013
IN THE MATTER OF THE SECURITIES LEGISLATION OF SASKATCHEWAN AND ONTARIO (the Jurisdictions)
AND
IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS
AND
IN THE MATTER OF CANADIAN LAMB PRODUCERS COOPERATIVE INC. (the Filer or Cooperative)
DECISION
Background
The securities regulatory authority or regulator in each of the Jurisdictions (Decision Maker) has received an application from the Filer for a decision under the securities legislation of the Jurisdictions (the Legislation) that the prospectus requirement contained in the Legislation of the Jurisdictions (the Prospectus Requirement) shall not apply to the issuance, from time to time, of Membership Shares and Investment Shares of the Filer to Prospective Members (as defined below) or to the first trade of such shares by a Member (as defined below) to another Member or the Filer (the Exemption Sought).
Furthermore, the Decision Maker have received a request from the Filer for a decision under the Legislation that the application for this decision, the supporting materials and this decision (the Decision, and collectively, the Confidential Material) be kept confidential until the earlier of (i) the date that the Filer advises the Decision Maker that there is no longer any need for the Confidential Material to remain confidential; and (ii) the date that is 90 days after the date of this Decision.
Under National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions (for a dual application):
(a) the Financial and Consumers Affairs Authority of Saskatchewan is the principal regulator for this Application;
(b) the Filer has provided notice that Section 4.7(1) of Multilateral Instrument 11-102 – Passport System (MI 11-102) is intended to be relied upon in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Prince Edward Island, Quebec and Yukon (collectively, Other Jurisdictions); and
(c) this Decision is the Decision of the principal regulator and evidences the Decision of the securities regulatory authority or regulator in Ontario.
Interpretation
Terms defined in NI 14-101 – Definitions and MI 11-102 have the same meanings if used in this Decision, unless otherwise defined.
October 10, 2013 (2013) 36 OSCB 9735
Decisions, Orders and Rulings
Representations
This Decision is based on the following facts represented by the Filer:
The Filer
1. The Filer is incorporated under the Canada Cooperatives Act and will extend membership solely to lamb producers meeting its eligibility requirements (discussed below) in each of the Jurisdictions and Other Jurisdictions in order to facilitate the production, processing and marketing of lamb products on a national basis for both the domestic and export markets.
2. The Filer will incorporate a subsidiary, tentatively to be called the Canadian Lamb Company Inc. (the Company), under the Canada Business Corporations Act to conduct the day-to-day business activities of the Filer, as discussed further below. The Filer will remain the controlling shareholder of the Company as the articles of incorporation of the Company will contain a restriction on the transfer of shares of the Company or any interest therein that would result in the Filer ceasing to directly or indirectly own less than 75 per cent of the voting rights attached to all outstanding securities of the Company. As a result of the aforesaid restriction, the Filer will have ownership of sufficient voting rights to enable the election of a majority of the members of the board of directors of the Company.
3. The Chair of the board of directors of the Filer will also be the Chair of the board of directors of the Company, and three individual lamb producers are to be appointed to the Company’s board of directors.
4. The Filer’s ownership interest in the Company is intended to facilitate the business objectives of the Filer and is not for investment purposes.
5. The securities of the Company to which voting rights are attached that are not owned directly or indirectly by the Filer may be owned by not more than 12 investors who are not Members and are at arm’s length at the time of investment to each of the Filer and the Company and their respective directors or officers, and in each case are either participants in, or otherwise knowledgeable about, the lamb industry.
6. The articles of incorporation of the Company will contain a restriction limiting the percentage of shares of all classes of the Company that may be issued to any person or company other than the Filer to no more than 25 per cent.
7. In accordance with the requirements of the Canada Cooperatives Act, the Filer will have a fixed place of business in more than one province and will thus establish offices in two jurisdictions, namely, in Guelph, Ontario and in Saskatoon, Saskatchewan. The registered and head office of the Filer is located in Saskatoon.
8. In compliance with the applicable provisions of the Canada Cooperatives Act, the Filer will hold annual meetings of Members.
9. The Filer is not a reporting issuer under applicable Canadian securities laws of any jurisdiction and has no present intention of becoming a reporting issuer in Saskatchewan or any of the other Jurisdictions.
10. There is currently no market for the shares in the capital stock of the Filer. The Filer has no present intention of listing its shares on any stock exchange or market.
Business of the Filer and the Company
11. The business of the Filer is restricted in its articles of incorporation to the purchase of lamb for processing and the subsequent marketing and sale thereof. The Filer’s principal activities (as distinct from those of the Company, discussed below) will be to recruit members of the Filer (Members), and to purchase lamb from Members and, if required to meet the Filer’s needs, non-Member lamb producers and approved feedlots.
12. To be eligible for membership in the Cooperative, lamb producers will be required to execute a producer agreement with the Filer pursuant to which the lamb producer will provide its commitment to deliver to the Filer, and the Filer will undertake to purchase from the lamb producer, a specified number of lambs per calendar year that is not less than 25 (the Producer Agreement). The price to be paid by the Filer under the Producer Agreement will be at a premium of $0.05 per pound live weight to an amount equal to the average of three specified lamb price standards (namely, Ontario Stockyards at Cookstown, Ontario, the Ontario Livestock Exchange at Kitchener, Ontario and the Brussels Livestock Exchange at Brussels, Ontario, or in each case any successor stockyard chosen by the Filer) as of the date that title to the lamb is transferred to the Filer.
October 10, 2013 (2013) 36 OSCB 9736
Decisions, Orders and Rulings
13. The commitment of the Filer to purchase the producer’s lambs under the Producer Agreement at this premium price is the principal benefit that Members will receive from membership in the Cooperative, providing them with a reliable source of income. This level of certainty is not currently attainable in the market, as it is common practice for purchasers to vary a previously discussed purchase price at the time of sale, or to defer the time of purchase by several weeks.
14. Over time, Members will be provided with exclusive access to extension and business services designed to help increase productivity and improve profitability. As minor improvements in productivity may be expected to have a significant impact on the profitability of a Member’s operation, such services represent a potentially significant business benefit to Members.
15. The lamb purchased by the Filer will be sold by the Filer to the Company at a price equal to the purchase price paid by the Filer plus an administrative fee, which initially will be 3%. Such fees will represent a principal source of funding for the Filer’s activities.
16. Generally, the Company will undertake to conduct the business and marketing activities of the Filer. Key areas of responsibility for the Company will include transportation, processing, product development, marketing, distribution and sale of lamb purchased from the Filer.
17. The Company will be involved in transporting the purchased lamb from various designated collection points. It is also planned that the Company will be responsible for the establishment and operation of processing facilities in various jurisdictions in order to reduce transportation costs. Processing facilities will be utilized to develop and manufacture a range of value-added lamb-based products on a regular basis. The Company will be responsible for the storage of fresh or frozen lamb products as well as for the marketing, distribution and sale of such products to customers.
18. The Company will make its sale arrangements of lamb and lamb products directly and without the employment of third party brokers, thereby avoiding broker and related fees otherwise customarily paid by producers to the extent that they sell their lamb and lamb products directly. The associated savings will enhance the Company’s ability to pay a premium price to the Filer that in turn enhances its ability to pay the premium price to producers pursuant to the Producer Agreement.
19. The board of directors and management of the Filer is comprised of individuals with extensive and diverse experience in the lamb industry, representing a number of geographic regions in Canada. The Filer and the Company will have separate boards of directors and management teams, recognizing the need for operational expertise and experience in the functional areas to be performed by the Company. The board of directors of the Company will include individuals with the marketing and business expertise relevant to the Company’s contemplated operations.
20. The Company will raise capital from sources independent of Members pursuant to debt arrangements and/or the issuance of securities pursuant to available exemptions from the Prospectus Requirement.
21. Any profits earned by the Company from the sale of lamb products will initially be used to fund its operations. Such profits may ultimately result in the payment of dividends to the shareholders of the Company, including the Filer, to the extent the Company has positive net income and available cash after payment of any required dividends to preferred shareholders of the Company. Such dividends will, in turn, be used by the Filer to fund its activities and operations. The Filer may also distribute dividends to its shareholders, to the extent the Filer has positive net income and available cash.
22. As Members will be required to purchase a number of Investment Shares (defined in paragraph 25 below) equal to the number of lambs that each Member agrees to sell to the Filer pursuant to the Producer Agreement, any distribution of dividends to Members will be proportionate to the dollar value of each Member’s net sales of lambs to the Filer.
The Offering of Shares by the Filer
23. As a condition of membership in the Filer: (i) a Prospective Member will be required to enter into a Producer Agreement with the Filer; and (ii) membership in the Filer will be restricted to active lamb producers in all Canadian jurisdictions (collectively the Eligibility Criteria, and any person or company meeting the Eligibility Criteria, a Prospective Member). Active lamb producers include individuals, partnerships, business corporations and cooperative associations engaged in the production of lamb. To be considered an active lamb producer and qualify for membership in the Filer, the Producer Agreement requires that a Member must have a sufficient number of ewes such that the producer is able to commit to deliver a minimum of 25 lambs to the Filer per calendar year for market. To the extent that a lamb producer is commencing its operations, it may as an exception to the foregoing be permitted to become a Member if it is able to acquire lambs that, together with its own, enable it to meet the minimum requirement to deliver 25 lambs in its first
October 10, 2013 (2013) 36 OSCB 9737
Decisions, Orders and Rulings
calendar year of operations. It is anticipated that the number of lamb producers that will be interested in membership under this exception and that will be accepted for membership will be very limited.
24. In addition, as a condition of membership to be reflected in the Producer Agreement, during the first year of membership, the number of lambs that a Member may commit to sell to the Filer will be limited to the number that is equivalent to 25% of the Member’s ewe flock.
25. The Filer will be authorized to issue an unlimited number of membership shares (Membership Shares) and an unlimited number of Class 1 and Class 2 investment shares (Investment Shares).
26. Members will be required to purchase a number of Investment Shares equal to the number of lambs that the producer agrees to sell to the Filer pursuant to the Producer Agreement. Members will not be required to purchase additional shares, but will be permitted to do so to the extent they determine to do so in order to sell additional lambs to the Filer in accordance with the terms of the Producer Agreement, which requires ownership by a Member of a number of Investment Shares equal to the number of lambs to be sold by such Member to the Filer in each calendar year.
27. In general terms, Investment Shares will be non-voting (unless afforded voting rights under the Canada Cooperatives Act), will bear non-cumulative dividends declared at the discretion of the board of directors of the Filer (the Board), and will be redeemable at any time for a price equal to their fair market value as determined by the Board. In the event of the dissolution of the Cooperative, the holders of Investment Shares will be entitled to receive, on a pro rata basis with the holders of other classes of Investment Shares but before any distribution of assets among the holders of Membership Shares, the applicable redemption price, including any declared and unpaid dividends thereon, with Class 1 Investment Shares having a limited dissolution preference over the Class 2 Investment Shares of an aggregate of $1.00.
28. Class 1 Investment Shares will be offered to Prospective Members producing lamb for sale within Canada, while Class 2 Investment Shares will be offered to lamb producers entering into an agreement with the Filer to sell lambs for export to foreign jurisdictions.
29. Investment Shares will be offered at an initial purchase price of $30.00 per share, and the purchase price may be varied by the Filer in the future up to a maximum price of $100.00 per share as a function of fluctuations in the market price of lamb and potential changes to the premiums offered by the Filer.
30. The number of lambs to be delivered to the Filer by each Member for domestic sale will be limited to a maximum of 1,000 lambs per calendar year, resulting in a maximum investment in Class 1 Investment Shares at $30.00 per share of $30,000.00. The number of lambs to be delivered to the Filer by each Member for export will be limited to a maximum of 3,000 lambs per calendar year, resulting in a maximum investment in Class 2 Investment Shares at $30.00 per share of $90,000.00. This higher limit is designed to meet the objectives of lamb producers that have made significant capital investments in their operations for the purpose of selling to the export market, which offers prices at a premium to that received for domestic sales.
31. As a condition of acquiring Investment Shares, each Member must subscribe for or hold one Membership Share.
32. Membership Shares will have voting rights and will entitle the holders of such shares to a right to share in the distribution of assets of the Filer upon its dissolution. Membership Shares will have an initial purchase price of $500.00 per share, and the offering price may be varied by the Filer in the future up to a maximum price of $2,500.00 per share as a function of fluctuations in the market price of lamb and potential changes to the premiums offered by the Filer.
33. The initial purchase price of the Investment Shares and the Membership Shares was determined by the Board with the input of an advisory group of active lamb producers from 6 provinces after consultation with other non-advisory group lamb producers. The purchase price of the Investment Shares and Membership Shares and their respective redemption prices will be determined by the Board on an ongoing basis, having regard to the input of lamb producers, supporting provincial lamb marketing agencies and the Filer’s management, and consideration of the Filer’s business, financial condition and operating results, and other factors determined relevant from time to time.
34. Members to which the Filer issues Membership Shares or Investment Shares will be provided with a contractual right of action against the Filer with respect to any misrepresentation contained in the disclosure provided in the Disclosure Document (defined below) equivalent to the statutory right provided by section 130.1 of the Securities Act (Ontario) (the Contractual Right of Action), in addition to any other right or remedy available at law to the Member. The Disclosure Document will contain a description of the Contractual Right of Action and a statement that the Contractual Right of Action is in addition to any other right or remedy available at law to the Member.
October 10, 2013 (2013) 36 OSCB 9738
Decisions, Orders and Rulings
35. Prospective Members also will be provided with the Contractual Right of Action upon entry into the subscription agreement to acquire shares of the Filer and with the right to withdraw from their subscription commitment within two business days of signing their subscription agreement (the Right of Withdrawal).
36. Each lamb producer approached for membership in the Cooperative will receive a disclosure document (a Disclosure Document) containing a certificate signed by the Chief Executive Officer, the Chief Financial Officer, and two directors of the Filer stating that the Disclosure Document contains no untrue statement of a material fact and does not omit to state a material fact that is required to be stated or omit to state a material fact that is necessary to make a statement not misleading in light of the circumstances in which it was made. The Disclosure Document will include disclosure respecting:
(a) the proposed business operations of the Filer;
(b) an overview of the industry and market for lamb products;
(c) the objectives and operations of the Filer and the Company;
(d) the marketing to be conducted;
(e) the initial working capital requirements;
(f) the basis for determination of the purchase price and the redemption price of the Investment Shares and Membership Shares by the Board referred to in paragraph 33;
(g) the membership solicitation to be undertaken;
(h) the ownership structure of the Company and limits on that ownership;
(i) description of officers and directors of the Filer and Company;
(j) compensation of officers and directors of the Filer and Company on an aggregate basis;
(k) conflicts of interest between the Filer and Company and any of their respective officers and directors;
(l) restrictions on transfer of shares and the terms of the two classes of shares;
(m) description of the Contractual Right of Action and Right of Withdrawal;
(n) a description of any exemptive relief granted in respect of the securities of the Filer; and
(o) risks associated with membership, including risk factors for a start-up indicating that the operations of the Filer and the Company have not yet been established and that there can be no assurance of their profitability or of the ability of the Filer and the Company to perform their obligations under the Producer Agreement.
The Disclosure Document will have appended thereto the following: the articles of incorporation and by-laws of the Filer; a copy of the Producer Agreement; a form of subscription agreement; and, to the extent that the Filer has been in operation for a period in excess of 90 days or more after its first fiscal year end, its most recent audited annual financial statements referred to in paragraph 40.
37. Concurrently with or prior to the receipt of the Disclosure Document, Prospective Members will be provided with a risk acknowledgement form, substantially similar to Form 45-106F4 (the Risk Acknowledgement Form), which Prospective Members will be required to sign.
38. In addition to sending copies of updated Disclosure Documents to Members on an annual basis, the Filer will provide Members with reports of any material change in the business of the Filer or the Company in a timely manner and an updated version of the Disclosure Document to Members on an annual basis.
39. Shares in the Filer will only be issued to Prospective Members that the Filer reasonably determines will be in a position to evaluate whether the business benefit of membership in the Filer supports the cost of the shares to be purchased from the Filer.
October 10, 2013 (2013) 36 OSCB 9739
Decisions, Orders and Rulings
40. The Filer will send Members copies of its audited annual financial statements in accordance with section 247 of the Canada Cooperatives Act, and a proxy circular and form of proxy in respect of the annual meeting of Members in accordance with section 166 of the Canada Cooperatives Act.
41. In addition, the Filer intends to provide the Members with voluntary monthly financial and operating reports on the activities of the organization. Financial information, including financial statements of the Company and any other subsidiary of the Filer, will be made available to any Member upon request and may be viewed at either the Saskatoon Saskatchewan head office or the marketing office in Guelph Ontario, in accordance with section 249 of the Canada Cooperatives Act.
42. The Filer does not currently intend to issue any securities other than the Membership Shares and the Investment Shares.
Restrictions on the Transfer of Shares
43. Any transfer of Membership Shares or Investment Shares will be subject to a restriction requiring that the transfer shall be approved by resolution of the Board or a person authorized by such resolution to approve such transfers. As referred to in paragraph 23, and pursuant to the Articles of the Filer as a condition of membership in the Filer, a Prospective Member will be required to enter into a Producer Agreement with the Filer. The transferee of such shares shall be required to meet the Eligibility Criteria for admission to membership in the Filer prior to the transfer. Approval of the transfer of Investment Shares will be conditional upon the transferee’s commitment to sell the requisite number of lambs in accordance with the terms of the Producer Agreement.
Termination of Membership
44. A Member’s membership in the Filer shall be terminated: on the date of receipt by the Filer of such Member’s written request to terminate membership, or the date specified in such notice, whichever is the later, provided that the Member will agree not to withdraw prior to expiry of the initial three year term of the Producer Agreement; by resolution of the Board to terminate such Member’s membership; or by delivery to such Member of the written decision of a person authorized by Board resolution to make such determination at his/her reasonable discretion. Membership Shares and Investment Shares held by such Member shall be redeemed at a redemption price determined in accordance with paragraph 33.
45. Upon death of a Member, Membership Shares and Investment Shares held by such Member shall be redeemed in accordance with paragraph 33 and shall form part of the deceased Member’s estate, provided that if one or more of the deceased Member’s heirs meet the Eligibility Criteria and enters into a Producer Agreement with the Filer, the deceased Member’s shares may be transferred to such heir(s) subject to the transfer restriction referred to in paragraph 43 and to the following requirements: Such deceased Member’s heir(s) may acquire the deceased Member’s shares and become the registered holder of such shares (or designate a registered holder) provided that the heir(s), in accordance with the Canada Cooperatives Act, deposits the following information with the Filer, together with any reasonable assurances that the Filer may require: (i) the share certificate representing the shares appropriately endorsed or, in the alternative, a document proving that the deceased Member was the shareholder; (ii) a document proving the death of the deceased Member; and (iii) a document proving that the heir has the right under the law of the place in which the deceased Member was domiciled immediately before their death to deal with the shares.
Decision
Each of the Decision Makers is satisfied that the Decision meets the tests set out in the Legislation for the Decision Maker to make the Decision.
Relief from the Prospectus Requirement
The Decision of the Decision Maker under the Legislation is that the Exemption Sought is granted provided that:
(a) the Filer is in compliance with the provisions of the Canada Cooperatives Act.
(b) the only shares to be issued by the Filer are Membership Shares and Investment Shares.
(c) neither the Filer nor the Company is a reporting issuer in any of the Jurisdictions.
(d) no securities of the Filer or the Company are listed on a securities exchange or other marketplace.
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Decisions, Orders and Rulings
(e) the articles of incorporation of the Company contain a restriction limiting the percentage of shares of all classes of the Company that may be issued to any person or company other than the Filer to no more than 25 per cent.
(f) the Filer maintains ownership of securities of the Company to which are attached not less than 75 per cent of the voting rights attached to all outstanding securities of the Company so as to enable the Filer to elect a majority of the board of directors of the Company.
(g) shares in the Filer are only issued to Members and to Prospective Members that the Filer reasonably determines will be in a position to evaluate whether the business benefit of membership in the Cooperative supports the cost of the shares to be purchased from the Filer.
(h) the Filer does not make any written or oral representations to Prospective Members regarding potential future profits from membership in the Filer or regarding any profits arising from the Filer’s interest in the Company.
(i) at the time of entry into the subscription agreement to acquire Membership Shares and Investment Shares, Prospective Members are provided with the Contractual Right of Action and the Right of Withdrawal.
(j) solicitations for membership in the Filer are conducted solely by the Filer, and there are no finder’s fees or commission paid in connection with the issuance or transfer of shares of the Filer.
(k) the Filer restricts the issuance and transfer of shares of the Filer to Prospective Members that meet the Eligibility Criteria.
(l) prior to the initial trade of any shares by the Filer to a lamb producer meeting the Eligibility Criteria for membership in the Filer, the Filer delivers to such lamb producer a copy of:
(i) the articles of incorporation of the Filer;
(ii) the by-laws of the Filer;
(iii) the Producer Agreement;
(iv) this Decision;
(v) a form of subscription agreement;
(vi) the Disclosure Document containing all of the disclosure specified in paragraph 36 above;
(vii) the Risk Acknowledgement Form; and
(viii) to the extent that the Filer has been in operation for a period of 90 days or more after its first fiscal year end, its most recent audited annual financial statements.
(m) the Filer will provide ongoing disclosure to Members in accordance with the requirements of the Canada Cooperatives Act, including certain disclosure as to the affairs of the Company, as described in paragraphs 37 and 40 above.
(n) the exemptions contained in this Decision cease to be effective if any of the provisions of the articles of incorporation of the Filer relevant to the exemptions granted herein are amended in any material respect without prior written notice to, and consent of, the Decision Maker.
(o) the first trade in any Membership Share or Investment Share by a Member to a person or company other than another Member or the Filer is deemed to be a distribution.
Furthermore, the Decision of the Decision Maker is that the confidentiality sought is granted.
“Dean Murrison” Director, Securities Division Financial and Consumer Affairs Authority of Saskatchewan
October 10, 2013 (2013) 36 OSCB 9741
Decisions, Orders and Rulings
2.1.3 CMC Markets UK Plc and CMC Markets Canada Inc.
Headnote
Application by UK-based filer (Filer) and Canadian dealer affiliate (Dealer) (collectively, Applicants) for relief from prospectus requirement in connection with distribution by Filer through Dealer of "contracts for difference" and foreign exchange contracts (collectively CFDs) to investors resident in Applicable Jurisdictions subject to four-year sunset clause and other terms and conditions – Filer regulated by the United Kingdom Financial Conduct Authority (FCA) – Dealer is registered in Ontario as investment dealer and a member of the Investment Industry Regulatory Organization of Canada (IIROC) – Applicants seeking relief to permit Applicants to offer CFDs to investors in Applicable Jurisdictions on a similar basis as in Québec, including relief permitting Applicants to distribute CFDs on the basis of clear and plain language risk disclosure document rather than a prospectus – risk disclosure document contains disclosure substantially similar to risk disclosure document required for recognized options in OSC Rule 91-502 Trades in Recognized Options and the regime for OTC derivatives contemplated by former proposed OSC Rule 91-504 OTC Derivatives (which was not adopted) – Relief granted subject to conditions
Legislation Cited
Securities Act, R.S.O. 1990, c. S.5, as am., ss. 53, 74(1). NI 45-106 Prospectus and Registration Exemptions, s. 2.3. OSC Rule 91-502 Trades in Recognized Options. OSC Rule 91-503 Trades in Commodity Futures Contracts and Commodity Futures Options Entered into on Commodity Futures Exchanges Situate Outside of Ontario . Proposed OSC Rule 91-504 OTC Derivatives (not adopted).
October 1, 2013
IN THE MATTER OF THE SECURITIES LEGISLATION OF ONTARIO (the Jurisdiction)
AND
IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS
AND
IN THE MATTER OF CMC MARKETS UK PLC AND CMC MARKETS CANADA INC. (the Filers)
DECISION
Background
The principal regulator in the Jurisdiction has received an application (the Application) from CMC Markets UK Plc (CMC UK) and CMC Markets Canada Inc. (CMC Canada) (CMC UK and CMC Canada, together the Filers) for a decision under the securities legislation of the Jurisdiction (the Legislation) that the Filers and its respective officers, directors and representatives be exempt from the prospectus requirement in respect of the distribution of contracts for difference and over-the-counter (OTC) foreign exchange contracts (collectively, CFDs) to investors resident in Canada (the Requested Relief) subject to the terms and conditions below.
Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application):
(a) the Ontario Securities Commission is the principal regulator for this application (the Principal Regulator); and
(b) the Filers have provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102) is intended to be relied upon in each of the other provinces and territories of Canada, other than the provinces of Québec and Alberta, (the Non-Principal Jurisdictions, and, together with the Jurisdiction, the Applicable Jurisdictions).
October 10, 2013 (2013) 36 OSCB 9742
Decisions, Orders and Rulings
Interpretation
Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision, unless otherwise defined.
Representations
This decision is based on the following facts represented by the Filers:
The Filers
1. CMC UK is a company organized under the laws of England and Wales with its principal office in London, United Kingdom. Founded in 1989, CMC UK is an established international on-line trading company which, with its affiliates, offers CFDs to a broad range of clients in many countries.
2. CMC UK is a privately held company, controlled indirectly by its principal founder, Mr. Peter Cruddas. CMC Markets Plc, the ultimate parent company of both CMC UK and CMC Canada, is a privately held company controlled directly by its principal founder, Mr. Peter Cruddas.
3. CMC UK is authorized and regulated by the United Kingdom Financial Conduct Authority (the FCA) in the United Kingdom. CMC UK is currently regulated as full scope BIPRU investment firm by the FCA. CMC UK is licensed in the U.K., among other things, to act as principal to its clients in the products it offers and may deal with all categories of clients, including directly with retail clients. Furthermore, CMC UK is regulated on a consolidated basis in the UK by the FCA.
4. CMC UK is a "regulated entity" as defined in the rules and regulations (the IIROC Rules) of the Investment Industry Regulatory Organization of Canada (IIROC).
5. CMC UK has established a Canadian dealer affiliate, CMC Canada, to act as a dealer for CFDs offered by CMC UK to Canadian clients.
6. CMC Canada is a corporation amalgamated under the laws of Canada with its principal office in Toronto, Ontario. CMC Canada is an affiliate of CMC UK. CMC Markets plc is the ultimate parent company of both CMC UK and CMC Canada.
7. CMC Canada is registered as a dealer in the category of investment dealer in each of the provinces and territories of Canada, and is a member of IIROC.
8. Neither of the Filers has any securities listed or quoted on an exchange or marketplace in any jurisdiction inside or outside of Canada.
9. Neither of the Filer are, to the best of its knowledge, in default of any requirements of securities legislation in Canada or IIROC Rules or IIROC Acceptable Practices (as defined below) or similar legislation in the United Kingdom.
10. The Filers currently offer OTC derivatives in which the underlying interests consist entirely of currencies (OTC foreign exchange contracts) to "accredited investors" (as defined in National Instrument 45-106 Prospectus and Registration Exemptions) in the province of Alberta (NI 45-106), to retail investors resident in Ontario pursuant to In the Matter of CMC Markets UK Plc and CMC Markets Canada Inc. dated October 8, 2009 (the October 8, 2009 order), to retail investors resident in British Columbia pursuant to In the Matter of CMC Markets UK Plc and CMC Markets Canada Inc. dated May 14, 2010 (the May 14, 2010 order) and notice filed on July 27, 2011 under section 4.7 of MI 11-102 Passport System of the Filers’ intent to rely on the October 8, 2009 order for comparable relief in the Non-Principal Jurisdictions other than British Columbia (the July 27, 2011 notice).
11. The Filers wish to offer OTC foreign exchange contracts and other types of CFDs to investors in the Applicable Jurisdictions on the terms and conditions described in this Decision. For the Interim Period (as defined below), the Filers are seeking the Requested Relief in connection with this proposed offering of CFDs in Ontario and intends to rely on this Decision and the Passport System described in MI 11-102 to offer CFDs in the Non-Principal Jurisdictions.
12. In Québec, the Filers have applied for qualification under section 82 of the Derivatives Act (Québec) (the QDA) and authorization referred to in the second paragraph of section 82 or in section 83 of the QDA from the Autorité des marchés financiers (the AMF) to offer CFDs to both accredited and retail investors pursuant to the provisions of the QDA.
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13. As a member of IIROC, CMC Canada is only permitted to enter into CFDs pursuant to the rules and regulations of IIROC (the IIROC Rules).
14. In addition, IIROC has communicated to its members certain additional expectations as to acceptable business practices (IIROC Acceptable Practices) as articulated in IIROC's "Regulatory Analysis of Contracts for Differences (CFDs)" published by IIROC on June 6, 2007, as amended on September 12, 2007, for any IIROC member proposing to offer OTC foreign exchange contracts or other types of CFDs to investors. To the best of its knowledge, each of the Filers is in compliance with IIROC Acceptable Practices in offering CFDs. The Filers will continue to offer CFDs in accordance with IIROC Acceptable Practices as may be established from time to time.
15. CMC Canada is required by IIROC to maintain a certain level of capital to address the business risks associated with its activities. The capital reporting required by IIROC (as per the calculation in the Joint Regulatory Financial Questionnaire (the JRFQ) and the Monthly Financial Reports to IIROC) is based predominantly on the generation of financial statements and calculations as to ensure capital adequacy. CMC Canada, as an IIROC member, is required to have a specified minimum capital which includes having any additional capital required with regards to margin requirements and other risks. This risk calculation is summarized as a risk adjusted capital calculation which is submitted in the firm's JRFQ and required to be kept positive at all times.
16. CMC UK is authorized and regulated by the FCA in the United Kingdom. CMC UK is currently regulated as a full scope BIPRU firm with the FCA. CMC UK is licensed, among other things, to act as principal to its clients in the products offered and may deal with all categories of clients, including directly with retail investors.
17. In order for a firm to be authorized and regulated by the FCA, the FCA must be satisfied that the firm meets certain threshold conditions prescribed by the Financial Services and Markets Act 2000 and under the FCA’s Handbook of Rules and Guidance. In similar fashion to reviews conducted by IIROC and the Principal Regulator, the FCA reviews, among other things, the firm’s legal status, location of offices, adequacy of resources and suitability. In order to remain authorized, a registered firm must demonstrate its continuing compliance with these conditions.
18. As an FCA-regulated firm, CMC UK is required to comply with certain rules of the FCA (the FCA Rules). The FCA Rules seek to ensure, among other things, that regulated firms satisfy certain minimum standards. These minimum standards include the requirement that CMC UK maintain adequate financial resources at all times, so that CMC UK is able to meet its liabilities as they fall due. The FCA requires CMC UK to maintain capital resources equal to or in excess of its base capital requirement plus a firm specific variable capital requirement to address market, capital and operational risks. CMC UK monitors its regulatory capital on a daily basis (or more frequently depending on market conditions).
19. The FCA also requires CMC UK to
(a) file financial reports on a monthly basis with the FCA;
(b) immediately notify the FCA of any breach of the capital adequacy requirement; and
(c) submit its audited financial statements within three months of the financial year end together with an annual return and reconciliation of the annual return to the audited financial statements.
Online Trading Platform
20. The Filers’ Marketmaker® platform (the Trading Platform) is a proprietary and fully automated internet-based trading platform which allows clients to trade CFDs on an execution-only basis.
21. The Trading Platform is a key component in a comprehensive risk management strategy which will help the Filers' clients and the Filers to manage the risk associated with leveraged products. This risk management system has evolved over many years with the objective of meeting the mutual interests of all relevant parties (including, in particular, clients). These attributes and services are described in more detail below:
a) Real-time client reporting. Clients are provided with a real-time view of their account status. This includes how tick-by-tick price movements affect their account balances and required margins. Clients can view this information at any time by logging into their account.
b) Fully automated risk management system. Clients are instructed that they must maintain the required margin against their position(s). The risk management functionality of the Trading Platform ensures that client positions are closed out when the client no longer maintains sufficient margin in their account to support the position, thereby preventing the client from being placed in a margin call situation or losing more than their
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Decisions, Orders and Rulings
stated risk capital or cumulative loss limit. This functionality also ensures that the Filers will not incur any credit risk vis-à-vis its customers in respect of CFD transactions.
c) Wide range of order types. The Trading Platform also provides risk management tools such as stop loss orders, limit orders, contingent orders and upper and lower bounds on market orders. These tools are designed to help clients reduce the risk of loss.
22. The Trading Platform is similar to those developed for on-line brokerages in that the client trades without other communication with, or advice from, the dealer. The Trading Platform is not a "marketplace" as defined in National Instrument 21-101 Marketplace Operation since a marketplace is any facility that brings together multiple buyers and sellers by matching orders in fungible contracts in a nondiscretionary manner.
23. CMC UK is the counterparty to its clients' CFD trades; it will not act as an intermediary, broker or trustee in respect of the CFD transactions. Neither of the Filers manage any discretionary accounts, nor do they provide any trading advice or recommendations regarding CFD transactions.
24. The CFDs are OTC contracts and are not transferable.
25. The ability to lever an investment is one of the principal features of CFDs. Leverage allows clients to magnify investment returns (or losses) by reducing the initial capital outlay required to achieve the same market exposure that would be obtained by investing directly in the underlying currency or instrument.
26. IIROC Rules and IIROC Acceptable Practices set out detailed requirements and expectations relating to leverage and margin for offerings of CFDs. The degree of leverage may be amended in accordance with IIROC Rules and IIROC Acceptable Practices as may be established from time to time.
27. Pursuant to section 13.12 Restriction on lending to clients of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, only those firms that are registered as investment dealers (a condition of which is to be a member of IIROC) may lend money, extend credit or provide margin to a client.
Structure of CFDs
28. A CFD is a derivative product that allows clients to obtain economic exposure to the price movement of an underlying instrument, such as a share, index, market sector, currency pair, treasury or commodity, without the need for ownership and physical settlement of the underlying instrument. Unlike certain OTC derivatives, such as forward contracts, CFDs do not require or oblige either the principal counterparty (being CMC UK for the purposes of the Requested Relief) nor any agent (being CMC Canada for the purposes of the Requested Relief) to deliver the underlying instrument.
29. CFDs to be offered by the Filers will not confer the right or obligation to acquire or deliver the underlying security or instrument itself, and will not confer any other rights of shareholders of the underlying security or instrument, such as voting rights. Rather, a CFD is a derivative instrument which is represented by an agreement between a counterparty and a client to exchange the difference between the opening price of a CFD position and the price of the CFD at the closing of the position. The value of the CFD is generally reflective of the movement in prices at which the underlying instrument is traded at the time of opening and closing the position in the CFD.
30. CFDs allow clients to take a long or short position on an underlying instrument, but unlike futures contracts they have no fixed expiry date or standard contract size or an obligation for physical delivery of the underlying instrument.
31. CFDs allow clients to obtain exposure to markets and instruments that may not be available directly, or may not be available in a cost-effective manner.
CFDs Distributed in the Applicable Jurisdictions
32. Certain types of CFDs, such as CFDs where the underlying instrument is a security, may be considered to be "securities" under the securities legislation of the Applicable Jurisdictions.
33. Investors wishing to purchase CFDs must open an account with CMC Canada and complete a principal contract with CMC UK
34. Prior to a client's first CFD transaction and as part of the account opening process, the Filers will provide the client with a separate risk disclosure document that clearly explains, in plain language, the transaction and the risks associated with the transaction (the risk disclosure document). The risk disclosure document includes the required risk
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Decisions, Orders and Rulings
disclosure set forth in Schedule A to the Regulations to the QDA and leverage risk disclosure required under IIROC Rules. The risk disclosure document contains disclosure that is substantially similar to the risk disclosure statement required for recognized options in OSC Rule 91-502 Trades in Recognized Options (which provides both registration and prospectus exemptions) (OSC Rule 91-502) and the regime for OTC derivatives contemplated by OSC SN 91-702 (as defined below) and proposed OSC Rule 91-504 OTC Derivatives (which was not adopted) (Proposed Rule 91- 504). The Filers will ensure that, prior to a client's first trade in a CFD transaction, a complete copy of the risk disclosure document provided to that client has been delivered, or has previously been delivered, to the Principal Regulator.
35. Prior to the client's first CFD transaction and as part of the account opening process, CMC Canada will obtain a written or electronic acknowledgement from the client confirming that the client has received, read and understood the risk disclosure document. Such acknowledgement will be separate and prominent from other acknowledgements provided by the client as part of the account opening process.
36. As customary in the industry, and due to the fact that this information is subject to factors beyond the control of the Filers (such as changes in IIROC Rules), information such as the underlying instrument listing and associated margin rates would not be disclosed in the risk disclosure document but will be available on CMC Canada’s website and the Trading Platform.
Satisfaction of the Registration Requirement
37. The role of CMC Canada as it relates to the CFD offering will be limited to acting as an execution-only dealer. In this role, CMC Canada will, among other things, be responsible to approve all marketing, for holding of clients funds, and for client approval (including the review of know-your-client (KYC) due diligence and account opening suitability assessments).
38. IIROC Rules exempt member firms that provide execution-only services such as discount brokerage from the obligation to determine whether each trade is suitable for the client. However, IIROC has exercised its discretion to impose additional requirements on members proposing to trade in CFDs and requires, among other things, that:
(a) applicable risk disclosure documents and client suitability waivers provided be in a form acceptable to IIROC;
(b) the firm's policies and procedures, amongst other things, require CMC Canada to assess whether CFD trading is appropriate for a client before an account is approved to be opened. This account opening suitability process includes an assessment of the client's investment knowledge and trading experience, client identification, screening applicants and customers against lists of prohibited/blocked persons, and detecting and reporting suspicious trading and potential terrorist financing and money laundering activities to applicable enforcement authorities ;
(c) CMC Canada’s registered supervisors who conduct the KYC and initial product suitability analysis will meet, or be exempted from, the proficiency requirements for futures trading and shall maintain appropriate IIROC registration; and
(d) cumulative loss limits for each client's account be established (this is a measure normally used by IIROC in connection with futures trading accounts).
39. The CFDs offered in Canada will be offered in compliance with applicable IIROC Rules and other IIROC Acceptable Practices.
40. IIROC limits the underlying instruments in respect which member firm may offer CFDs since only certain securities are eligible for reduced margin rates. For example, underlying equity securities must be listed or quoted on certain "recognized exchanges" (as that term is defined in IIROC Rules) such as the Toronto Stock Exchange or the New York Stock Exchange. The purpose of these limits is to ensure that CFDs offered in Canada will only be available in respect of underlying instruments that are traded in well-regulated markets, in significant enough volumes and with adequate publicly available information, so that clients can form a sufficient understanding of the exposure represented by a given CFD.
41. IIROC Rules prohibit the margining of CFDs where the underlying instrument is a synthetic product (single U.S. sector or "mini-indices"). For example, Sector CFDs (i.e., basket of equities for the financial institutions industry) may be offered to non-Canadian clients; however, this is not permissible under IIROC Rules.
42. IIROC members seeking to trade CFDs are generally precluded, by virtue of the nature of the contracts, from distributing CFDs that confer the right or obligation to acquire or deliver the underlying security or instrument itself
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Decisions, Orders and Rulings
(convertible CFDs), or that confer any other rights of shareholders of the underlying security or instrument, such as voting rights.
43. The Requested Relief, if granted, would substantially harmonize the position of the regulators in the Applicable Jurisdictions on the offering of CFDs to investors in the Applicable Jurisdictions with how those products are offered to investors in Québec under the QDA. The QDA provides a legislative framework to govern derivatives activities within the province. Among other things, the QDA requires such products to be offered to investors through an IIROC member and the distribution of a standardized risk disclosure document rather than a prospectus in order to distribute such contracts to investors resident in Québec.
44. The Requested Relief, if granted, would be consistent with the guidelines articulated by Staff of the Principal Regulator in OSC Staff Notice 91-702 Offerings of Contracts for Difference and Foreign Exchange Contracts to Investors (OSC SN 91-702). OSC SN 91-702 provides guidance with regards to the distributions of CFDs, foreign exchange contracts and similar OTC derivative products to investors in the Jurisdiction.
45. The Principal Regulator has previously recognized that the prospectus requirement may not be well suited for the distribution of certain derivative products to investors in the Jurisdiction, and that alternative requirements, including requirements based on clear and plain language risk disclosure, may be better suited for certain derivatives.
46. In Ontario, both OSC Rule 91-502 and OSC Rule 91-503 Trades in Commodity Futures Contracts and Commodity Futures Options Entered into on Commodity Futures Exchanges Situate Outside of Ontario (OSC Rule 91-503) provide for a prospectus exemption for the trading of derivative products to clients. The Requested Relief is consistent with the principles and requirements of OSC Rule 91-502, OSC Rule 91-503 and Proposed Rule 91-504.
47. The Filers have also submitted that the Requested Relief, if granted, would harmonize the Principal Regulator's position on the offering of CFDs with certain other foreign jurisdictions that have concluded that a clear, plain language risk disclosure document is appropriate for retail clients seeking to trade in foreign exchange contracts.
48. The Filers are of the view that requiring compliance with the prospectus requirement in order to enter into CFDs with retail clients would not be appropriate since the disclosure of a great deal of the information required under a prospectus and under the reporting issuer regime is not material to a client seeking to enter into a CFD transaction. The information to be given to such a client should principally focus on enhancing the client's appreciation of product risk including counterparty risk. In addition, most CFD transactions are of short duration (positions are generally opened and closed on the same day).
49. CMC UK is regulated by the FCA which has a robust compliance regime including specific requirements to address market, capital and operational risks. CMC Canada is regulated by IIROC, which has a robust compliance regime including specific requirements to address market, capital and operational risks.
50. The Filers have submitted that the regulatory regimes developed by the FCA, AMF and IIROC for CFDs adequately address issues relating to the potential risk to the clients of CMC UK acting as counterparty. In view of these regulatory regimes, investors would receive little or no additional benefit from requiring the Filers to also comply with the prospectus requirement.
51. The Requested Relief in respect of each Applicable Jurisdiction is conditional on the CMC Canada being registered as an investment dealer with the securities regulator in such Applicable Jurisdiction and maintaining its membership with IIROC and that all CFD transactions be conducted pursuant to IIROC Rules and in accordance with IIROC Acceptable Practices.
Decision
The Principal Regulator is satisfied that the test set out in the Legislation to make the Decision is met.
The Decision of the Principal Regulator is that the Requested Relief is granted provided that:
(a) the Filers shall not rely on any of: (i) the October 8, 2009 order; (ii) the May 14, 2010 order; and (iii) the July 27, 2011 notice.
(b) all CFDs traded with residents in the Applicable Jurisdictions shall be executed through CMC Canada;
(c) CMC UK remains registered with the FCA and in compliance with FCA Rules;
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(d) with respect to residents of an Applicable Jurisdiction, CMC Canada remains registered as a dealer in the category of investment dealer with the Principal Regulator and the Commission in such Applicable Jurisdiction and a member of IIROC;
(e) all CFD transactions with clients resident in the Applicable Jurisdictions shall be conducted pursuant to IIROC Rules imposed on members seeking to trade in CFDs and in accordance with IIROC Acceptable Practices, as amended from time to time;
(f) if the Filers continue to offer CFDs to residents of Québec, all CFD transactions with clients resident in the Applicable Jurisdictions be conducted pursuant to the rules and regulations of the QDA and the AMF, as amended from time to time, unless and to the extent there is a conflict between i) the rules and regulations of the QDA and the AMF, and ii) the requirements of the securities laws of the Applicable Jurisdictions, the IIROC Rules and IIROC Acceptable Practices, in which case the latter shall prevail;
(g) prior to a client first entering into a CFD transaction, the Filers has provided to the client the risk disclosure document described in paragraph 34 and have delivered, or have previously delivered, a copy of the risk disclosure document provided to that client to the Principal Regulator;
(h) prior to the client's first CFD transaction and as part of the account opening process, the Filers has obtained a written or electronic acknowledgement from the client, as described in paragraph 35, confirming that the client has received, read and understood the risk disclosure document;
(i) the Filers has furnished to the Principal Regulator the name and principal occupation of its officers or directors, together with either the personal information form and authorization of indirect collection, use and disclosure of personal information provided for in National Instrument 41-101 General Prospectus Requirements or the registration information form for an individual provided for in Form 33-109F4 of National Instrument 33-109 Registration Information Requirements completed by any officer or director;
(j) the Filers shall promptly inform the Principal Regulator in writing of any material change affecting the Filers, being any change in the business, activities, operations or financial results or condition of the Filers that may reasonably be perceived by a counterparty to a derivative to be material;
(k) the Filers shall promptly inform the Principal Regulator in writing if a self-regulatory organization or any other regulatory authority or organization initiates proceedings or renders a judgment related to disciplinary matters against the Filers concerning the conduct of activities with respect to CFDs;
(l) within 90 days following the end of its financial year, CMC UK shall submit to the Principal Regulator the audited annual financial statements of CMC UK; and
(m) the Requested Relief shall immediately expire upon the earliest of:
(i) four years from the date that this Decision is issued;
(ii) in respect of a subject Applicable Jurisdiction or Québec, the issuance of an order or decision by a court, the Commission in such Applicable Jurisdiction, the AMF (in respect of Québec) or other similar regulatory body that suspends or terminates the ability of the Filers to offer CFDs to clients in such Applicable Jurisdiction or Québec; and
(iii) with respect to an Applicable Jurisdiction, the coming into force of legislation or a rule by its Commission regarding the distribution of OTC derivatives to investors in such Applicable Jurisdiction
(the Interim Period).
“Wesley M. Scott” Commissioner Ontario Securities Commission
“Alan Lenczner” Commissioner Ontario Securities Commission
October 10, 2013 (2013) 36 OSCB 9748
Decisions, Orders and Rulings
2.1.4 Timbercreek Mortgage Investment Corporation ii) section 4.2, such that the Filer will not be required to prepare and file its interim management report Headnote of fund performance in respect of the period ended June 30, 2013 (the “2013 Interim MRFP”); National Policy 11-203 Process for Exemptive Relief and Applications in Multiple Jurisdictions – Relief granted from requirement to file interim financial statements and iii) the delivery obligations in respect of the 2013 81- management report of fund performance in accordance 106 Interim Financial Statements and 2013 with NI 81-106 based on the fact that the issuer filed an Interim MRFP contained in sections 5.1, 5.4 and interim financial report and management’s discussion & 5.5; analysis in accordance with NI 51-102 – relief granted in connection with the issuer’s transition from the regulatory (collectively, the “Exemptive Relief Sought”). regime for reporting issuers that are investment funds to the regulatory regime for reporting issuers that are not Under the Process for Exemptive Relief Applications in investment funds – upon completion of the transition, issuer Multiple Jurisdictions (for a passport application): will be subject to NI 51-102 – National Instrument 81-106 Investment Fund Continuous Disclosure. (a) the Ontario Securities Commission is the principal regulator for this application, and Applicable Legislative Provisions (b) the Filer has provided notice that section 4.7(1) of National Instrument 81-106 Investment Fund Continuous Multilateral Instrument 11-102 Passport System Disclosure, Parts 2 and 3 and sections 4.2, 5.1, (“MI 11-102”) is intended to be relied upon in 5.4, 5.5, 17.1. British Columbia, Alberta, Saskatchewan, Mani- toba, Nova Scotia, New Brunswick, Prince Edward August 26, 2013 Island, Newfoundland and Labrador, the North- west Territories, Nunavut and Yukon. IN THE MATTER OF THE SECURITIES LEGISLATION OF Interpretation ONTARIO (the “Jurisdiction”) Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this AND decision, unless otherwise defined.
IN THE MATTER OF Representations THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS This decision is based on the following facts represented by the Filer: AND (a) The Filer is currently an investment fund and the IN THE MATTER OF manager of the Filer is Timbercreek Asset TIMBERCREEK MORTGAGE Management Ltd. (the “Manager”). The head INVESTMENT CORPORATION office of the Manager is located in Toronto, (the “Filer”) Ontario.
DECISION (b) The Filer is a corporation incorporated on April 30, 2008 under the Business Corporations Act Background (Ontario). Its head office and registered office is at 1000 Yonge Street, Suite 500, Toronto, Ontario The principal regulator in the Jurisdiction has received an M4W 2K2. application from the Filer for a decision under the securities legislation of the Jurisdiction of the principal regulator (the (c) The Filer’s Class A shares are listed on the “Legislation”) pursuant to section 17.1 of National Toronto Stock Exchange under the symbol “TMC” Instrument 81-106 Investment Fund Continuous Disclosure and it is a reporting issuer in all provinces and (“NI 81-106”) exempting the Filer from the following territories of Canada other than Québec. provisions of NI 81-106: (d) The Filer is not in default of any securities i) Parts 2 and 3, such that the Filer will not be legislation in any province or territory of Canada. required to prepare its interim financial statements in respect of the period ended June 30, 2013 (the (e) As an investment fund, the Filer is subject to the “2013 81-106 Interim Financial Statements”) in continuous disclosure requirements of NI 81-106. accordance with Canadian GAAP as applicable to public enterprises; (f) The Filer’s financial year-end is December 31.
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(g) Pursuant to sections 2.4 and 2.6 of NI 81-106, the avoid any confusion to the public arising from any Filer is required to file the 2013 Interim 81-106 inconsistency between (i) the Financial Disclosure Financial Statements on or before the 60th day and (ii) the 2013 81-106 Interim Financial after June 30, 2013 and the 2013 Interim 81-106 Statements and the 2013 Interim MRFP, and is Financial Statements must be prepared in seeking the Exemptive Relief Sought. accordance with Canadian GAAP as applicable to public enterprises. Decision
(h) Pursuant to sections 4.2 and 4.4 of NI 81-106, the The principal regulator is satisfied that the decision meets Filer is required to file the 2013 Interim MRFP at the test set out in the Legislation for the principal regulator the same time that it files the 2013 81-106 Interim to make this decision. Financial Statements, and the 2013 Interim MRFP must be prepared in accordance with Part C of The decision of the principal regulator under the Legislation Form 81-106F1 Contents of Annual and Interim is that the Exemptive Relief Sought is granted provided Management Report of Fund Performance. that:
(i) The Filer is currently contemplating a transition 1. In addition to filing the Circular, the Filer also files (the “Proposed Transition”) from its status as an the interim financial report and MD&A for the investment fund that is subject to the Canadian interim period ended June 30, 2013 that were securities regulatory regime for investment funds prepared in accordance with the requirements of that are reporting issuers to a public company that NI 51-102 on SEDAR on or before August 29, is subject to the Canadian securities regulatory 2013; and regime for reporting issuers that are not investment funds, and intends to hold a 2. in the event that the Proposed Transition is not shareholders’ meeting on September 12, 2013 to approved at the Shareholders’ Meeting or is, for approve, among other resolutions, the Proposed any other reason, not implemented, the Filer Transition (the “Shareholders’ Meeting”). prepares the 2013 81-106 Interim Financial Statements and the 2013 Interim MRFP in (j) The Filer filed a management information circular accordance with NI 81-106, such 2013 81-106 (the “Circular”) in respect of the Shareholders’ Interim Financial Statements and 2013 Interim Meeting on August 19, 2013 which contains a MRFP to be filed no later than the date falling 60 description of the Proposed Transition. days after the date of the Shareholders’ Meeting.
(k) If the Proposed Transition is approved at the “Vera Nunes” Shareholders’ Meeting and the directors of the Manager, Investment Funds Branch Filer decide to proceed with the Proposed Ontario Securities Commission Transition, the Filer will become subject to National Instrument 51-102 Continuous Disclosure Obligations (“NI 51-102”) and, pursuant to NI 51- 102, the Filer will be required to file its interim financial reports and MD&A (as defined in NI 51- 102) on or before the 45th day after the first quarter ended after the Proposed Transition has been effected (currently anticipated to be the quarter ending September 30, 2013) and thereafter on a quarterly basis, and such interim financial reports must be prepared in accordance with IFRS.
(l) The Filer prepared and included in the Circular comparative annual financial statements and MD&A for the years ended December 31, 2012 and 2011, interim financial report and MD&A for the interim period ended March 31, 2013 and interim financial report and MD&A for the interim period ended June 30, 2013 (together, the “Financial Disclosure”), all prepared in accordance with the requirements of NI 51-102.
(m) Given that the Financial Disclosure has been prepared in accordance with IFRS and has been made available to the public together with the Circular on August 19, 2013, the Filer wishes to
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Decisions, Orders and Rulings
2.1.5 Stuart Investment Management Limited et al. tration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103), pursuant to section 15.1 of NI 31- Headnote 103, to permit James Thomas Kiernan, a director, officer, ultimate designated person (UDP), chief compliance officer Under paragraph 4.1(1)(a) of National Instrument 31-103 (CCO), dealing representative and advising representative Registration Requirements, Exemptions and Ongoing of Cornerstone, to be registered as a director, officer, UDP, Registrant Obligations a registered firm must not permit an CCO and dealing representative of Stuart, for a period of individual to act as a dealing, advising or associate six months to facilitate the purchase of Stuart by Sunnyside advising representative of the registered firm if the Investments Inc. (Sunnyside) (the Exemption Sought). individual acts as an officer, partner or director of another registered firm that is not an affiliate of the first-mentioned Under the Process for Exemptive Relief Applications in firm. The firms require relief for a limited period of time. The Multiple Jurisdictions (for a passport application): individual will have sufficient time to adequately serve both firms. As one firm is largely inactive, conflicts of interest are (a) the Ontario Securities Commission is the principal unlikely to arise. The firms have policies in place to handle regulator for this application, and potential conflicts of interest. The firms are exempted from the prohibition. (b) the Filers have provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System Applicable Legislative Provisions (MI 11-102) is intended to be relied upon in Alberta and British Columbia (with Ontario, the National Instrument 31-103 Registration Requirements, Jurisdictions). Exemptions and Ongoing Registrant Obligations, ss. 4.1, 15.1. Interpretation
October 2, 2013 Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this IN THE MATTER OF decision, unless otherwise defined. THE SECURITIES LEGISLATION OF ONTARIO Representations (THE JURISDICTION) This decision is based on the following facts represented AND by the Filers:
IN THE MATTER OF 1. Stuart is registered as an investment dealer in THE PROCESS FOR EXEMPTIVE RELIEF Alberta, British Columbia, Ontario and Quebec; as APPLICATIONS IN MULTIPLE JURISDICTIONS a derivatives dealer in Quebec and as a futures commission merchant in Ontario. It is in the AND process of surrendering its registrations as a derivatives dealer in Quebec and as a futures IN THE MATTER OF commission merchant in Ontario. Stuart is also a STUART INVESTMENT MANAGEMENT LIMITED dealer member of the Investment Industry Regu- (STUART) latory Organization of Canada (IIROC). Stuart’s head office is in Toronto, Ontario. AND 2. Stuart provides advisory and discretionary CORNERSTONE ASSET MANAGEMENT L.P. investment management services to retail clients (CORNERSTONE) and investment banking services to issuers and other corporate clients. AND 3. Cornerstone is registered as a commodity trading JAMES THOMAS KIERNAN manager, exempt market dealer and portfolio (KIERNAN) (STUART, CORNERSTONE and KIERNAN manager in Ontario and as an exempt market are, collectively, THE FILERS) dealer in Alberta and British Columbia. It is in the process of surrendering its registrations as a DECISION commodity trading manager and portfolio manager in Ontario. Cornerstone’s head office is Background in Toronto, Ontario.
The principal regulator in the Jurisdiction has received an 4. While Cornerstone has previously conducted application from the Filers for a decision under the exempt distributions, at present its only business securities legislation of the Jurisdiction of the principal is providing merger and acquisition advice to regulator (the Legislation) for relief from the requirement in private companies for a fee. Cornerstone has no paragraph 4.1(1)(a) of National Instrument 31-103 Regis-
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clients to whom it provides portfolio management 11. There is a valid business reason for the Dual services. Registration. By the end of the six-month contractual period, Kiernan will know whether he 5. Kiernan is registered in Alberta, British Columbia, will remain longer with Stuart or will leave Stuart, Ontario and Quebec as a director, officer, UDP, in which case he will carry on with Cornerstone’s CCO, dealing representative and advising business. The temporary exemption will also give representative of Cornerstone and he is also him an opportunity to seek other solutions to the registered as a director, officer, UDP, CCO and prohibition in paragraph 4.1(1)(a) of NI 31-103. dealing representative of Stuart (the Dual Registration). 12. Kiernan will have sufficient time to adequately meet his obligations to both Stuart and 6. Kiernan is the controlling shareholder of Cornerstone. Cornerstone Capital Partners L.P., which is the controlling shareholder of both Stuart and 13. Stuart and Cornerstone have in place policies and Cornerstone; therefore Stuart and Cornerstone procedures to address any conflicts of interest that are affiliates. may arise as a result of the Dual Registration and the fact that Cornerstone will not engage in any 7. Kiernan and Cornerstone Capital Partners L.P. registerable activities will facilitate this, by largely have entered into an agreement to sell all of the or entirely avoiding any conflicts of interest. shares of Stuart to Sunnyside (the Proposed Specifically, Kiernan is prohibited from contacting Acquisition). any client of Stuart regarding any transactions being conducted through Cornerstone and, 8. On completion of the Proposed Acquisition, therefore, Cornerstone deals will not be sold to Cornerstone and Stuart will no longer be affiliates. Stuart clients. In the absence of the Exemption Sought, Kiernan would be prohibited under paragraph 4.1(1)(a) of 14. Moreover, while the proposed purchasers will not NI 31-103 from acting as a director, officer, UDP, be actively engaged in Stuart’s business until they CCO, dealing representative and advising have attained the requisite proficiency and representative of Cornerstone, while also acting become registered, as a practical matter, they will as a director, officer, UDP, CCO and dealing have veto power over any major transactions representative of Stuart. undertaken by Stuart.
9. Kiernan has agreed to remain as a director, 15. All new and existing clients of Stuart will receive officer, UDP, CCO and dealing representative of conflicts of interest and shared premises Stuart for a period of six months after the disclosure. Proposed Acquisition closes, after which Sunnyside and Kiernan will determine whether he 16. Cornerstone will inform its clients in writing of the will continue to be employed with Stuart. He may terms and conditions placed on the firm. relinquish some of those positions on agreement with Sunnyside. Decision
10. Cornerstone has agreed to terms and conditions The principal regulator is satisfied that the decision meets being placed on its registration which include that: the test set out in the Legislation for the principal regulator to make the decision. (i) Cornerstone and all its registered individuals shall not engage in any The decision of the principal regulator under the Legislation registerable activities under securities is that the Exemption Sought is granted. The Exemption law on Cornerstone’s behalf. Sought shall expire six months from the date hereof.
(ii) Cornerstone must not open any new “Marrianne Bridge” accounts. Deputy Director, Compliance and Registrant Regulation Ontario Securities Commission (iii) Cornerstone must inform its clients in writing of the terms and conditions placed on the firm.
These terms and conditions will be in place until such time as Kiernan’s registration status has been made compliant with paragraph 4.1(1)(a) of NI 31-103, whether through a permanent exemption or a change in his positions with Stuart or Cornerstone.
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2.1.6 Counsel Portfolio Services Inc. and IPC Representations Securities Corporation This decision is based on the following facts represented Headnote by the Filers:
Under paragraph 4.1(1)(b) of National Instrument 31-103 1. Counsel is registered as an investment fund Registration Requirements, Exemptions and Ongoing manager in Ontario and Newfoundland and Registrant Obligations a registered firm must not permit an Labrador, and as an adviser in the category of individual to act as a dealing, advising or associate portfolio manager in Ontario. The head office of advising representative of the registered firm if the Counsel is located in Ontario. Counsel manages individual is registered as a dealing, advising or associate 24 mutual funds offered by simplified prospectus. advising representative of another registered firm. The Filers are affiliated entities and have valid business 2. IPC is registered as a dealer in the category of reasons for the individuals to be registered with both firms. investment dealer in each of Ontario, British The Filers have policies in place to handle potential Columbia, Alberta, Manitoba, Saskatchewan, New conflicts of interest. The Filers are exempted from the Brunswick, Nova Scotia, Prince Edward Island, prohibition. Québec and Newfoundland and Labrador. IPC is a member of the Investment Industry Regulatory Applicable Legislative Provisions Organization of Canada (IIROC). The head office of IPC is located in Ontario. IPC has a Private National Instrument 31-103 Registration Requirements, Wealth program with managed model portfolios. Exemptions and Ongoing Registrant Obligations, ss. 4.1, 15.1. 3. Each of Counsel and IPC is a direct wholly-owned subsidiary of Investment Planning Counsel Inc. October 4, 2013 4. The Filers are not, to the best of their knowledge, IN THE MATTER OF in default of any requirements of securities THE SECURITIES LEGISLATION OF legislation in any jurisdiction of Canada. ONTARIO (the Jurisdiction) 5. Taylor is registered as a dealing representative of IPC. He is authorized by IIROC to manage AND investment portfolios on a discretionary basis and acts as a Portfolio Manager for the IPC Private IN THE MATTER OF Wealth program. He is resident in Ontario. COUNSEL PORTFOLIO SERVICES INC. (COUNSEL) 6. Taylor is familiar with the business model of the IPC group of companies, including that of AND Counsel.
IPC SECURITIES CORPORATION 7. IPC has engaged Counsel to monitor its sub- (IPC) (collectively, the Filers) advisers’ adherence to their mandates and to evaluate changes within their corporate structure DECISION or their investment management teams to determine if any such change(s) might impact their Background ability to meet stated investment objectives. As part of its service offering, Counsel also works The regulator in the Jurisdiction (the Decision Maker) has closely with IPC dealing representatives to received an application from the Filers for a decision under construct portfolios and conduct asset allocation the securities legislation of the Jurisdiction (the analysis. Legislation) for relief from the restriction under paragraph 4.1(1)(b) of National Instrument 31-103 Registration 8. Taylor’s role as an advising representative at Requirements, Exemptions and Ongoing Registrant Counsel would not involve advising clients directly Obligations (NI 31-103) to permit Geoffrey Gordon Taylor but would be to: (Taylor), who is currently registered as a dealing representative of IPC, to be registered as an advising (a) assist IPC dealing representatives with representative of Counsel (the Dual Registration or portfolio construction and asset allocation Requested Relief). analysis;
Interpretation (b) participate in Counsel’s due diligence, selection and oversight of sub-advisers; Terms defined in National Instrument 14-101 Definitions and have the same meaning in this decision unless otherwise defined.
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(c) conduct asset allocation analysis and 2.1.7 Desjardins Investments Inc. et al. rebalancing in respect of portfolio services offered by Counsel. Headnote
9. The valid business reasons for Taylor to be Policy Statement 11-203 Process for Exemptive Relief registered with both Filers are for business Applications in Multiple Jurisdictions – exemption from logistics and succession planning. subsection 2.1(1) of Regulation 81-102 respecting Mutual Funds to permit global bond mutual funds to invest more 10. Taylor will have sufficient time to adequately serve than 10 percent of net assets issued by a foreign both Filers. government or permitted supranational agency, subject to certain conditions. 11. The Filers are each wholly-owned subsidiaries of Investment Planning Counsel Inc. and Applicable Legislative Provisions accordingly, the Dual Registration will not give rise to the conflicts of interest present in a similar Regulation 81-102 respecting Mutual Funds, ss. 2.1(1), arrangement involving unrelated, arm's length 19.1. firms. The interests of Counsel and IPC are aligned, and as Taylor’s role at Counsel would be [Translation] to support the business activities and interest of both IPC and Counsel, the potential for conflicts of September 24, 2013 interest arising from the Dual Registration is remote. IN THE MATTER OF THE SECURITIES LEGISLATION OF 12. Counsel and IPCs have in place written policies QUÉBEC AND ONTARIO and procedures to address any potential conflicts (the Jurisdictions) of interest that may arise as a result of the Dual Registration, and believe that they will be able to AND appropriately deal with these conflicts. IN THE MATTER OF 13. The Dual Registration will be disclosed to clients THE PROCESS FOR EXEMPTIVE RELIEF of IPC. Counsel’s unitholders are provided APPLICATIONS IN MULTIPLE JURISDICTIONS disclosure of its affiliated registrant relationship with IPC in its annual information form and in the AND simplified prospectus for its mutual funds. IN THE MATTER OF 14. In the absence of the Requested Relief, the Filers DESJARDINS INVESTMENTS INC. would be prohibited under paragraph 4.1(1)(b) of (the Filer) NI 31-103 from permitting Taylor to act as an advising representative of Counsel while he is AND registered as a dealing representative of IPC, even though Counsel and IPC are affiliated. THE DESJARDINS GLOBAL TACTICAL BOND FUND (the Global Bond Fund) Decision AND The Decision Maker is satisfied that the decision meets the test set out in the Legislation for the Decision Maker to THE DESJARDINS EMERGING MARKETS BOND FUND make the decision. (the Emerging Markets Bond Fund and, collectively with the Global Bond Fund, the Funds) The decision of the Decision Maker under the Legislation is that the Requested Relief is granted. DECISION
“Marrianne Bridge” Background Deputy Director, Compliance and Registrant Regulation The securities regulatory authority or regulator in each of Ontario Securities Commission the Jurisdictions (the Decision Maker) has received an application from the Filer on behalf of the Funds for a decision under the securities legislation of the Jurisdictions (the Legislation) for an exemption under section 19.1 of Regulation 81-102 respecting Mutual Funds (c. V-1.1, r. 39) (Regulation 81-102) from the concentration restriction in subsection 2.1(1) of Regulation 81-102 in order to permit the Funds to invest more than 10% of their asset net value,
October 10, 2013 (2013) 36 OSCB 9754
Decisions, Orders and Rulings immediately after a transaction, in Foreign Government dated January 5, 2009, as amended. Desjardins Securities (as defined below) (the Exemption Sought). Trust Inc. acts as trustee.
Under the Process for Exemptive Relief Applications in 7. On June 27, 2013, each of the Funds filed with Multiple Jurisdictions (for a dual application): each jurisdiction of Canada a preliminary prospectus and a preliminary annual information (a) the Autorité des marchés financiers is the form governed by Regulation 81-101 respecting principal regulator for this application, Mutual Fund Prospectus Disclosure (c. V-1.1, r.38) in order to proceed with an initial public (b) the Filer has provided notice that section 4.7(1) of offering. It is expected that each of the Funds will Regulation 11-102 respecting Passport System (c. become reporting issuers in all jurisdictions of V-1.1, r. 1) (Regulation 11-102) is intended to be Canada upon the issuance of a receipt for their relied upon in British Columbia, Alberta, final prospectus (the Final Prospectus). Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland 8. The Funds are mutual funds and upon issuance of and Labrador, Nunavut, Northwest Territories and a receipt for their Final Prospectus, they will be Yukon Territory, and subject to Regulation 81-102.
(c) the decision is the decision of the principal 9. Desjardins Global Asset Management Inc. regulator and evidences the decision of the (DGAM) acts as portfolio manager of the Funds securities regulatory authority or regulator in and is also responsible for retaining portfolio sub- Ontario. advisers for the Funds. DGAM is duly registered in Alberta, Manitoba, Nova Scotia, Ontario and Interpretation Québec as an adviser in the category of portfolio manager. DGAM is also duly registered in Québec Terms defined in Regulation 14-101 respecting Definitions as a derivatives portfolio manager pursuant to the (c. V-1.1, r. 3), Regulation 25-101 respecting Designated Derivatives Act (RSQ, c. I-14.01) (the Derivatives Rating Organizations (c. V-1.1, r. 8.1), Regulation 11-102 Act) and in Ontario as a commodity trading and Regulation 81-102 have the same meaning if used in manager pursuant to the Commodity Futures Act this decision, unless otherwise defined. (RSO 1990, c. C.20) (the Commodity Futures Act). Representations 10. The Global Bond Fund’s investment objectives are This decision is based on the following facts represented to provide a high income return and some long- by the Filer: term capital appreciation by investing primarily in fixed-income securities of issuers throughout the The Filer world.
1. The Filer is a corporation incorporated under the 11. PIMCO Canada Corp. (PIMCO) acts as sub- Business Corporation Act (RSQ, c. S-31.1) of adviser for the Global Bond Fund. PIMCO is duly Québec. registered as adviser in the category of portfolio manager in Alberta, British-Columbia, Manitoba, 2. The Filer’s head office is located at 1 Complexe Saskatchewan, Nova Scotia, Québec and Ontario. Desjardins, CP 7, 36th South Tower, Montréal, PIMCO is also duly registered in Québec as Québec, Canada, H5B 1B2. derivatives portfolio manager pursuant to the Derivatives Act and in Ontario as commodity 3. The Filer, or an affiliate of the Filer, will be the trading manager pursuant to the Commodity Act. investment fund manager, promoter, registrar and transfer agent of the Funds. 12. The Global Bond Fund invests primarily in global credit markets including, without limitation, good 4. The Filer is duly registered as an investment fund quality corporate bonds, high-yield corporate manager in Québec, Ontario and Newfoundland bonds and emerging market bonds. The good and Labrador. quality corporate bonds have a DBRS credit rating of “BBB” or better, or any equivalent credit rating 5. The Filer is not in default of securities legislation in set by another designated rating organization. The any of the jurisdictions of Canada. high-yield corporate bonds, for their part, have a DBRS credit rating of less than “BBB”, or any The Funds equivalent credit rating set by another designated rating organization. 6. The Funds are open-ended investment trusts established under the laws of Québec pursuant to 13. The Emerging Markets Bond Fund’s investment an amended and restated declaration of trust objectives are to provide a high income return and some long-term capital appreciation by investing
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primarily in fixed-income securities of emerging one or more other designated rating markets issuers. organizations or their DRO affiliates.
14. Aberdeen Asset Management Inc. (Aberdeen) (such evidences of indebtedness are collectively acts as sub-adviser for the Emerging Markets referred to as Foreign Government Securities). Bond Fund. Aberdeen is a non-resident of Canada and provides advice to the Emerging Markets 18. Subsection 2.1(1) of Regulation 81-102 prohibits Bond Fund in reliance on the international adviser the Funds from purchasing a security of an issuer statutory exemption from registration provided if, immediately after the transaction, more than under subsection 8.26(3) of Regulation 31-103 10% of the net asset value of a Fund, taken at respecting Registration Requirements, market value at the time of the transaction, would Exemptions and Ongoing Registrant Obligations be invested in securities of any issuer (the (c. V-1.1, r. 10). Concentration Restriction).
15. The Emerging Markets Bond Fund invests 19. The Concentration Restriction does not apply to a primarily in government bonds in emerging purchase of, among other things, a government markets denominated in U.S. dollars or local security as defined in section of Regulation 81- currencies. The Emerging Markets Bond Fund 102, which means an evidence of indebtedness may also invest in emerging markets corporate that is issued, or fully and unconditionally bonds. Aberdeen’s investment process hinges on guaranteed as to principal and interest, by any of a detailed analysis of the countries in light of the government of Canada, the government of a global economic trends. Constantly updated, this jurisdiction or the government of the United States analysis is used to create a prospective analysis of America. of the countries’ credit profile and evolution of the capital markets. A country’s macro-economic 20. Foreign Government Securities do not meet the profile, the nature of its political institutions and definition of government security, as defined in the robustness of its micro-economic stakeholders Regulation 81-102. all play a central role in the analysis of its solvency. 21. The Exemption Sought, which relaxes the limitations in the Concentration Restriction, will 16. Each of the Funds is not in default of securities enhance the ability of the Funds to pursue and legislation in any of the jurisdictions of Canada. achieve their investment objectives.
Reasons for the Exemption Sought 22. Standard & Poor’s uses two general categories to derive a credit rating for government debt, namely 17. The Filer would like the Funds to have the economic risk and political risk. The first category flexibility to invest up to: is a quantitative assessment of a government's ability to meet its debt obligations. The second is (a) 20% of their net asset value, immediately the government's preparedness to meet its after a transaction, in evidences of obligations, for a government may be able to pay, indebtedness of any one issuer if those but be unwilling to do so for policy reasons. evidences of indebtedness are (i) issued, Standard & Poor’s rates issuers on a scale from or guaranteed fully as to principal and the highest credit rating of AAA to a lowest rating interest, by supranational agencies or of D. Other designated rating organizations have governments other than the government similar practices. The Exemption Sought of Canada, the government of a contemplates only investing in the two highest jurisdiction or the government of the rating levels of investment grade debt. United States of America and (ii) rated “AA” by Standard & Poor’s Rating 23. Higher concentration limits may allow the Funds to Services (Canada) or its DRO affiliate, or benefit from investment efficiencies and reduced have an equivalent rating by one or more transaction costs as certain foreign government designated rating organizations or their treasury offerings are more readily available for DRO affiliates; and investment and trades can be completed faster in certain markets that are more readily accessible to (b) 35% of their net asset value, immediately foreign investment. after a transaction, in evidences of indebtedness of any one issuer, if those 24. The credit risk and liquidity characteristics of the securities are (i) issued by issuers Foreign Government Securities are similar to the described in subparagraph (a) above and credit risk and liquidity characteristics of the types (ii) rated “AAA” by Standard & Poor’s of securities that fall within the meaning of Rating Services (Canada) or its DRO government security in Regulation 81-102. As affiliate, or have an equivalent rating by such, a limited increase in the maximum percentage of the net asset value of the Funds
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Decisions, Orders and Rulings
that can be invested in the Foreign Government 5. the prospectus of the Funds will disclose any Securities will not result in a material increase of additional risks associated with the concentration the credit risk and the concentration risk of the of net assets of the Funds in securities of fewer Funds. issuers, such as the potential additional exposure to the risk of default of the issuer in which the 25. The Filer believes that the Exemption Sought is Funds have so invested and the risks, including not contrary to the public interest, is in the best foreign exchange risks, of investing in the country interest of the Funds and represents the business in which that issuer is located; and judgement of responsible persons uninfluenced by considerations other than the best interests of the 6. the prospectus of the Funds will disclose, in the Funds. investment strategies section, the details of the exemption granted along with the conditions Decision imposed and the type of securities covered by the Exemption Sought. Each of the Decision Makers is satisfied that the decision meets the test set out in the Legislation for the Decision “Josée Deslauriers” Maker to make the decision. Senior Director, Investment Funds and Continuous Disclosure The decision of the Decision Makers under the Legislation Autorité des marchés financiers is that the Exemption Sought is granted provided that:
1. each of the Funds may only invest up to:
(a) 20% of its net asset value, immediately after a transaction, in evidences of indebtedness of any one issuer if those evidences of indebtedness are issued, or guaranteed fully as to principal and interest, by supranational agencies or governments other than the government of Canada, the government of a jurisdiction or the government of the United States of America and rated “AA” by Standard & Poor’s Rating Services (Canada) or its DRO affiliate, or have an equivalent rating by one or more designated rating organizations or their DRO affiliates;
(b) 35% of its net asset value, immediately after a transaction, in evidences of indebtedness of any one issuer, if those securities are issued by issuers described in subparagraph (a) above and rated “AAA” by Standard & Poor’s Rating Services (Canada) or its DRO affiliate, or have an equivalent rating by one or more other designated rating organizations or their DRO affiliates;
2. subparagraphs (a) and (b) above cannot be combined for any one issuer;
3. the securities that are purchased pursuant to the Exemption Sought are traded on a mature and liquid market;
4. the acquisition of the evidences of indebtedness pursuant to the Exemption Sought is consistent with the fundamental investment objectives of each of the Funds;
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2.1.8 Timbercreek Senior Mortgage Investment ii) section 4.2, such that the Filer will not be required Corporation to prepare and file its interim management report of fund performance in respect of the period Headnote ended June 30, 2013 (the “2013 Interim MRFP”); and National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Relief granted from iii) the delivery obligations in respect of the 2013 81- requirement to file interim financial statements and 106 Interim Financial Statements and 2013 management report of fund performance in accordance Interim MRFP contained in sections 5.1, 5.4 and with NI 81-106 based on the fact that the issuer file an 5.5; interim financial report and management’s discussion & analysis in accordance with NI 51-102 – relief granted in (collectively, the “Exemptive Relief Sought”). connection with the issuer’s transition from the regulatory regime for reporting issuers that are investment funds to Under the Process for Exemptive Relief Applications in the regulatory regime for reporting issuers that are not Multiple Jurisdictions (for a passport application): investment funds – upon completion of the transition, issuer will be subject to NI 51-102 – National Instrument 81-106 (a) the Ontario Securities Commission is the principal Investment Fund Continuous Disclosure. regulator for this application, and
Applicable Legislative Provisions (b) the Filer has provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System National Instrument 81-106 Investment Fund Continuous (“MI 11-102”) is intended to be relied upon in Disclosure, Parts 2 and 3 and ss. 4.2, 5.1, 5.4, 5.5, 17.1. British Columbia, Alberta, Saskatchewan, Mani- toba, Québec, Nova Scotia, New Brunswick, August 26, 2013 Prince Edward Island, Newfoundland and Labrador, the Northwest Territories, Nunavut and IN THE MATTER OF Yukon. THE SECURITIES LEGISLATION OF ONTARIO Interpretation (the “Jurisdiction”) Terms defined in National Instrument 14-101 Definitions AND and MI 11-102 have the same meaning if used in this decision, unless otherwise defined. IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF Representations APPLICATIONS IN MULTIPLE JURISDICTIONS This decision is based on the following facts represented AND by the Filer:
IN THE MATTER OF (a) The Filer is currently an investment fund and the TIMBERCREEK SENIOR MORTGAGE manager of the Filer is Timbercreek Asset INVESTMENT CORPORATION Management Ltd. (the “Manager”). The head (the “Filer”) office of the Manager is located in Toronto, Ontario. DECISION (b) The Filer is a federal corporation incorporated on Background December 1, 2011 under the Canada Business Corporations Act. Its head office and registered The principal regulator in the Jurisdiction has received an office is at 1000 Yonge Street, Suite 500, Toronto, application from the Filer for a decision under the securities Ontario M4W 2K2. legislation of the Jurisdiction of the principal regulator (the “Legislation”) pursuant to section 17.1 of National (c) The Filer’s Class A shares are listed on the Instrument 81-106 Investment Fund Continuous Disclosure Toronto Stock Exchange under the symbol “MTG” (“NI 81-106”) exempting the Filer from the following and it is a reporting issuer in all provinces and provisions of NI 81-106: territories of Canada. i) Parts 2 and 3, such that the Filer will not be (d) The Filer is not in default of any securities required to prepare its interim financial statements legislation in any province or territory of Canada. in respect of the period ended June 30, 2013 (the “2013 81-106 Interim Financial Statements”) in (e) As an investment fund, the Filer is subject to the accordance with Canadian GAAP as applicable to continuous disclosure requirements of NI 81-106. public enterprises; (f) The Filer’s financial year-end is December 31.
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(g) Pursuant to sections 2.4 and 2.6 of NI 81-106, the avoid any confusion to the public arising from any Filer is required to file the 2013 Interim 81-106 inconsistency between (i) the Financial Disclosure Financial Statements on or before the 60th day and (ii) the 2013 81-106 Interim Financial after June 30, 2013 and the 2013 Interim 81-106 Statements and the 2013 Interim MRFP, and is Financial Statements must be prepared in seeking the Exemptive Relief Sought. accordance with Canadian GAAP as applicable to public enterprises. Decision
(h) Pursuant to sections 4.2 and 4.4 of NI 81-106, the The principal regulator is satisfied that the decision meets Filer is required to file the 2013 Interim MRFP at the test set out in the Legislation for the principal regulator the same time that it files the 2013 81-106 Interim to make this decision. Financial Statements, and the 2013 Interim MRFP must be prepared in accordance with Part C of The decision of the principal regulator under the Legislation Form 81-106F1 Contents of Annual and Interim is that the Exemptive Relief Sought is granted provided Management Report of Fund Performance. that:
(i) The Filer is currently contemplating a transition 1. In addition to filing the Circular, the Filer also files (the “Proposed Transition”) from its status as an the interim financial report and MD&A for the investment fund that is subject to the Canadian interim period ended June 30, 2013 that were securities regulatory regime for investment funds prepared in accordance with the requirements of that are reporting issuers to a public company that NI 51-102 on SEDAR on or before August 29, is subject to the Canadian securities regulatory 2013; and regime for reporting issuers that are not investment funds, and intends to hold a 2. in the event that the Proposed Transition is not shareholders’ meeting on September 12, 2013 to approved at the Shareholders’ Meeting or is, for approve, among other resolutions, the Proposed any other reason, not implemented, the Filer Transition (the “Shareholders’ Meeting”). prepares the 2013 81-106 Interim Financial Statements and the 2013 Interim MRFP in (j) The Filer filed a management information circular accordance with NI 81-106, such 2013 81-106 (the “Circular”) in respect of the Shareholders’ Interim Financial Statements and 2013 Interim Meeting on August 19, 2013 which contains a MRFP to be filed no later than the date falling 60 description of the Proposed Transition. days after the date of the Shareholders’ Meeting.
(k) If the Proposed Transition is approved at the “Vera Nunes” Shareholders’ Meeting and the directors of the Manager, Investment Funds Branch Filer decide to proceed with the Proposed Ontario Securities Commission Transition, the Filer will become subject to National Instrument 51-102 Continuous Disclosure Obligations (“NI 51-102”) and, pursuant to NI 51- 102, the Filer will be required to file its interim financial reports and MD&A (as defined in NI 51- 102) on or before the 45th day after the first quarter ended after the Proposed Transition has been effected (currently anticipated to be the quarter ending September 30, 2013) and thereafter on a quarterly basis, and such interim financial reports must be prepared in accordance with IFRS.
(l) The Filer prepared and included in the Circular comparative annual financial statements and MD&A for the years ended December 31, 2012 and 2011, interim financial report and MD&A for the interim period ended March 31, 2013, and interim financial report and MD&A for the interim period ended June 30, 2013 (together, the “Financial Disclosure”), all prepared in accordance with the requirements of NI 51-102.
(m) Given that the Financial Disclosure has been prepared in accordance with IFRS and has been made available to the public together with the Circular on August 19, 2013, the Filer wishes to
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Decisions, Orders and Rulings
2.1.9 Guardian Capital LP et al.
Headnote
National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – relief granted from section 4.4 of National Instrument 81-106 Investment Fund Continuous Disclosure for the purposes of the relief requested from Form 81- 106F1, Items 3.1(7), 4.1(1), 4.1(2), 4.2(1), 4.3(1) and 4.3(2) of Part B of Form 81-106F1, and Items 3(1) and 4 of Part C of Form 81-106F1, to permit mutual funds to include in annual and interim management reports of fund performance the financial highlights and past performance of the funds that are derived from the funds’ annual financial statements that pertain to time periods when the funds were not a reporting issuer – the funds distributed their securities under prospectus exemptions prior to becoming reporting issuers – the funds have complied with the investment restrictions and practices in NI 81-102 since inception – the funds are managed substantially similarly since commencing to distribute securities under a simplified prospectus – the funds have prepared annual financial statements since inception and in accordance with NI 81-106– the financial highlights and performance data of the funds for the time periods before they became reporting issuers is relevant and useful information for investors.
Applicable Legislative Provisions
National Instrument 81-106 Mutual Fund Continuous Disclosure, ss. 4.4 and 17.1. Items 3.1(7), 4.1(1), 4.1(2), 4.2(1), 4.3(1) and 4.3(2) of Part B of Form 81-106F1 and Items 3(1) and 4 of Part C of Form 81- 106F1.
September 30, 2013
IN THE MATTER OF THE SECURITIES LEGISLATION OF ONTARIO (the Jurisdiction)
AND
IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS
AND
IN THE MATTER OF GUARDIAN CAPITAL LP (the Filer)
AND
GUARDIAN BALANCED FUND, GUARDIAN BALANCED INCOME FUND, GUARDIAN CANADIAN BOND FUND, GUARDIAN CANADIAN EQUITY FUND, GUARDIAN CANADIAN GROWTH EQUITY FUND, GUARDIAN CANADIAN PLUS EQUITY FUND, GUARDIAN CANADIAN SHORT-TERM INVESTMENT FUND, GUARDIAN CANADIAN SMALL/MID CAP EQUITY FUND, GUARDIAN EQUITY INCOME FUND, GUARDIAN GLOBAL DIVIDEND GROWTH FUND, GUARDIAN GLOBAL EQUITY FUND, GUARDIAN GROWTH & INCOME FUND, GUARDIAN HIGH YIELD BOND FUND, GUARDIAN INTERNATIONAL EQUITY FUND AND GUARDIAN U.S. EQUITY FUND (individually, a Fund and collectively, the Funds)
DECISION
Background
The principal regulator in the Jurisdiction has received an application (the Application) from the Filer on behalf of the Funds for a decision under the securities legislation of the regulator (the Legislation) exempting the Funds from:
(a) Section 4.4 of NI 81-106 for the purposes of relief requested herein from Form 81-106F1 – Contents of Annual and Interim Management Report of Fund Performance (Form 81-106F1); and
October 10, 2013 (2013) 36 OSCB 9760
Decisions, Orders and Rulings
(b) Items 3.1(7), 4.1(1), 4.1(2), 4.2(1), 4.3(1) and 4.3(2) of Part B of Form 81-106F1 and Items 3(1) and 4 of Part C of Form 81-106F1 to permit each Fund, with respect to its Series I Units, to include in its annual and interim management reports of fund performance the past performance data of the Fund notwithstanding that such performance data relates to a period prior to the Fund offering its securities under a prospectus,
(collectively, the Requested Relief).
Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application):
(a) the Ontario Securities Commission is the principal regulator for the Application, and
(b) the Filer has provided notice that Section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102) is intended to be relied upon in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut.
Interpretation
Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision, unless otherwise defined.
Representations
This decision is based on the following facts represented by the Filer:
1. Each Fund is an open-ended mutual fund trust created under the laws of the Province of Ontario on the following dates:
Fund Name Date of Inception
Guardian Canadian Equity Fund December 1, 1985 Guardian Canadian Growth Equity Fund July 31, 1986
Guardian Balanced Fund July 31, 1995
Guardian U.S. Equity Fund November 28, 1995
Guardian Canadian Bond Fund January 3, 1997
Guardian Canadian Small/Mid Cap Equity Fund January 3, 1997
Guardian International Equity Fund January 3, 1997 Guardian Global Equity Fund July 10, 1998
Guardian High Yield Bond Fund May 1, 1999
Guardian Equity Income Fund February 14, 2003
Guardian Canadian Plus Equity Fund January 1, 2006
Guardian Canadian Short-Term Investment Fund February 2, 2009 Guardian Global Dividend Growth Fund May 31, 2010
Guardian Growth & Income Fund September 30, 2012
Guardian Balanced Income Fund October 22, 2012
(individually, an Inception Date, and collectively, the Inception Dates).
2. Each Fund is governed by an amended and restated master declaration of trust dated March 14, 2011, as amended.
3. The Filer is the investment fund manager of the Funds. The head office of the Filer is located in Ontario.
October 10, 2013 (2013) 36 OSCB 9761
Decisions, Orders and Rulings
4. Since the respective Inception Dates until March 30, 2011, Series I units (the Series I Units) of each Fund, other than Guardian Balanced Income Fund and Guardian Growth & Income Fund (individually, a 2013 New Fund and collectively, the 2013 New Funds), were distributed to investors on a prospectus-exempt basis in accordance with National Instrument 45-106 – Prospectus and Registration Exemptions (NI 45-106) and its predecessor legislation in each Jurisdiction. Since the respective Inception Dates of the 2013 New Funds until April 8, 2013, Series I Units of each 2013 New Fund were distributed to investors on a prospectus-exempt basis in accordance with NI 45-106 in each Jurisdiction.
5. Since the issuance of the receipt for the simplified prospectus and annual information form on March 30, 2011, each Fund, other than the 2013 New Funds, has distributed Series I Units to the public and each Fund, other than the 2013 New Funds, also became a reporting issuer under the securities legislation of each province and territory of Canada, other than Québec (collectively, the “Jurisdictions”). In addition, each Fund, other than the 2013 New Funds, became subject to the requirements of National Instrument 81-102 – Mutual Funds (NI 81-102) and National Instrument 81-106 – Investment Fund Continuous Disclosure (NI 81-106) that apply only to investment funds that are reporting issuers.
6. Each 2013 New Fund commenced distributing its Series I Units pursuant to a simplified prospectus dated April 5, 2013 (the Prospectus). Since the issuance of the receipt for the Prospectus and annual information form of the Funds on April 8, 2013, each 2013 New Fund became a reporting issuer in each of the Jurisdictions and became subject to the requirements of NI 81-102. Each 2013 New Fund also became subject to the requirements of NI 81-106 that apply only to investment funds that are reporting issuers.
7. The Filer and the Funds are not in default of securities legislation in any province or territory of Canada.
8. Since its Inception Date, as a “mutual fund in Ontario”, each Fund has prepared and sent annual and interim financial statements to all holders of its securities in accordance with NI 81-106.
9. Since its Inception Date, each Fund has complied with the investment restrictions and practices contained in NI 81-102, including not using leverage in the management of its portfolio.
10. Each Fund has been managed substantially similarly after it became a reporting issuer as it was prior to becoming a reporting issuer. As a result of each Fund becoming a reporting issuer:
i. the Fund’s investment objectives have not changed, other than to provide additional detail as required by National Instrument 81-101 – Mutual Fund Prospectus Disclosure (NI 81-101);
ii. the management fee charged to the Fund in respect of its Series I Units has not changed;
iii. the day-to-day administration of the Fund has not changed, other than to comply with the additional regulatory requirements associated with being a reporting issuer (none of which would have impacted the portfolio management of the Fund) and to provide additional features that are available to investors of mutual funds managed by the Filer, as described in the Prospectus; and
iv. the management expense ratio of the Series I Units of each Fund has not increased by more than 0.10%, which the Filer considers to be an immaterial amount.
11. As a reporting issuer, each Fund is required under NI 81-106 to prepare and send annual and interim management reports of fund performance (individually, an MRFP and collectively, the MRFPs) in accordance with NI 81-106.
12. Without the Requested Relief, the MRFPs of each Fund cannot include financial highlights and performance data of the Fund that relate to a period prior to its becoming a reporting issuer.
13. The Filer also proposes to present the performance data of the Series I Units of each Fund for the time period since its inception in sales communications and fund facts of each Fund. The Filer has filed a separate application for exemptive relief from certain provisions of NI 81-102 and Form 81-101F3 – Contents of Fund Facts Document to permit each Fund, with respect to its Series I Units, to include its performance data since its inception in sales communications and fund facts (the NI 81-102 and NI 81-101 Relief).
14. The performance data and other financial data of each Fund for the time period before it became a reporting issuer is significant and meaningful information for existing and prospective investors of the Series I Units of the Fund.
October 10, 2013 (2013) 36 OSCB 9762
Decisions, Orders and Rulings
Decision
The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision.
The decision of the principal regulator under the Legislation is that the Requested Relief is granted provided that:
(a) any MRFP that includes performance data of Series I Units of each Fund relating to a period prior to when each Fund was a reporting issuer discloses:
(i) that the Fund was not a reporting issuer during such period;
(ii) that the expenses of the Fund would have been higher during such period had the Fund been subject to the additional regulatory requirements applicable to a reporting issuer; and
(iii) that the financial statements of the Fund for such period are posted on the Fund’s website and are available to investors upon request;
(b) the Filer posts the financial statements of each Fund for the past 10 years or since the Fund’s inception, whichever period is lesser, on the Fund’s website and makes those financial statements available to investors upon request; and
(c) the Funds prepare the Prospectus, sales communications and fund facts in accordance with the NI 81-102 and NI 81- 101 Relief.
“Vera Nunes” Manager, Investment Funds Ontario Securities Commission
October 10, 2013 (2013) 36 OSCB 9763
Decisions, Orders and Rulings
2.1.10 Guardian Capital LP et al.
Headnote
National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – relief granted from sections 15.3(2), 15.3(4)(c), 15.6(a)(i), 15.6(d), 15.8(2)(a) and 15.8(3)(a) of National Instrument 81-102 Mutual Funds to permit mutual funds, including mutual funds that have not distributed securities under a simplified prospectus in a jurisdiction for 12 consecutive months, to include in their sales communications performance data for the period when the funds were not reporting issuers – relief also granted from section 2.1 of National Instrument 81-101 Mutual Fund Prospectus Disclosure for the purposes of the relief requested from Item 4 of Part 1 of Form 81-101F3 Contents of Fund Facts Document, to permit the Funds to include in their respective fund facts for Class I units, the past performance data for the period when the funds were not reporting issuers – funds distributed their securities under prospectus exemptions prior to becoming reporting issuers – the funds have complied with the investment restrictions and practices in NI 81-102 since inception – the funds are managed substantially similarly since commencing to distribute securities under a simplified prospectus – the funds have prepared annual audited financial statements since inception – the performance data of the funds for the time period before it became a reporting issuer is relevant and useful information for investors.
Applicable Legislative Provisions
National Instrument 81-102 Mutual Funds, ss. 15.3(2), 15.3(4)(c), 15.6(a)(i), 15.6(d), 15.8(2)(a), 15.8(3)(a), 19.1. National Instrument 81-101 Mutual Fund Prospectus Disclosure, s. 2.1. Item 4 of Part I of Form 81-101F3 Contents of Fund Facts Document.
September 30, 2013
IN THE MATTER OF THE SECURITIES LEGISLATION OF ONTARIO (the Jurisdiction),
AND
IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS
AND
IN THE MATTER OF GUARDIAN CAPITAL LP (the Filer)
AND
GUARDIAN BALANCED FUND, GUARDIAN BALANCED INCOME FUND, GUARDIAN CANADIAN BOND FUND, GUARDIAN CANADIAN EQUITY FUND, GUARDIAN CANADIAN GROWTH EQUITY FUND, GUARDIAN CANADIAN PLUS EQUITY FUND, GUARDIAN CANADIAN SHORT-TERM INVESTMENT FUND, GUARDIAN CANADIAN SMALL/MID CAP EQUITY FUND, GUARDIAN EQUITY INCOME FUND, GUARDIAN GLOBAL DIVIDEND GROWTH FUND, GUARDIAN GLOBAL EQUITY FUND, GUARDIAN GROWTH & INCOME FUND, GUARDIAN HIGH YIELD BOND FUND, GUARDIAN INTERNATIONAL EQUITY FUND AND GUARDIAN U.S. EQUITY FUND (individually, a Fund and collectively, the Funds)
DECISION
Background
The principal regulator in the Jurisdiction has received an application (the Application) from the Filer on behalf of the Funds for a decision under the securities legislation of the regulator (the Legislation) exempting the Funds from:
(a) Sections 15.3(2), 15.3(4)(c), 15.6(a)(i), 15.6(d), 15.8(2)(a) and 15.8(3)(a) of NI 81-102 to permit each Fund to include, with respect to its Series I Units, performance data in sales communications notwithstanding that:
October 10, 2013 (2013) 36 OSCB 9764
Decisions, Orders and Rulings
(i) the performance data will relate to a period prior to the Fund offering its securities under a prospectus; and
(ii) in the case of Guardian Balanced Income Fund and Guardian Growth & Income Fund, the Fund has not distributed its securities under a prospectus for 12 consecutive months,
(b) Section 2.1 of NI 81-101 for the purposes of relief requested herein from Form 81-101F3 – Contents of Fund Facts Document (Form 81-101F3), and
(c) Item 4(3) and Instructions (1) and (5) of Form 81-101F3 to permit each Fund to include in its fund facts the past performance data of the Series I Units of the Fund notwithstanding that such performance data relates to a period prior to the Fund offering its securities under a prospectus,
(collectively, the Requested Relief).
Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application):
(a) the Ontario Securities Commission is the principal regulator for the Application; and
(b) the Filer has provided notice that Section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102) is intended to be relied upon in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut.
Interpretation
Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision, unless otherwise defined.
Representations
This decision is based on the following facts represented by the Filer:
1. Each Fund is an open-ended mutual fund trust created under the laws of the Province of Ontario on the following dates:
Fund Name Date of Inception
Guardian Canadian Equity Fund December 1, 1985
Guardian Canadian Growth Equity Fund July 31, 1986
Guardian Balanced Fund July 31, 1995
Guardian U.S. Equity Fund November 28, 1995
Guardian Canadian Bond Fund January 3, 1997
Guardian Canadian Small/Mid Cap Equity Fund January 3, 1997
Guardian International Equity Fund January 3, 1997
Guardian Global Equity Fund July 10, 1998
Guardian High Yield Bond Fund May 1, 1999
Guardian Equity Income Fund February 14, 2003
Guardian Canadian Plus Equity Fund January 1, 2006
Guardian Canadian Short-Term Investment Fund February 2, 2009
Guardian Global Dividend Growth Fund May 31, 2010
Guardian Growth & Income Fund September 30, 2012 Guardian Balanced Income Fund October 22, 2012
October 10, 2013 (2013) 36 OSCB 9765
Decisions, Orders and Rulings
(individually, an Inception Date, and collectively, the Inception Dates).
2. Each Fund is governed by an amended and restated master declaration of trust dated March 14, 2011, as amended.
3. The Filer is the investment fund manager of the Funds. The head office of the Filer is located in Ontario.
4. Since the respective Inception Dates until March 30, 2011, Series I units (the Series I Units) of each Fund, other than Guardian Balanced Income Fund and Guardian Growth & Income Fund (individually, a 2013 New Fund and collectively, the 2013 New Funds), were distributed to investors on a prospectus-exempt basis in accordance with National Instrument 45-106 – Prospectus and Registration Exemptions (NI 45-106) and its predecessor legislation in each Jurisdiction. Since the respective Inception Dates of the 2013 New Funds until April 8, 2013, Series I Units of each 2013 New Fund were distributed to investors on a prospectus-exempt basis in accordance with NI 45-106 in each Jurisdiction.
5. Since the issuance of the receipt for the simplified prospectus and annual information form on March 30, 2011, each Fund, other than the 2013 New Funds, has distributed Series I Units to the public and each Fund, other than the 2013 New Funds, also became a reporting issuer under the securities legislation of each province and territory of Canada, other than Québec (collectively, the “Jurisdictions”). In addition, each Fund, other than the 2013 New Funds, became subject to the requirements of National Instrument 81-102 – Mutual Funds (NI 81-102) and National Instrument 81-106 – Investment Fund Continuous Disclosure (NI 81-106) that apply only to investment funds that are reporting issuers.
6. Each 2013 New Fund commenced distributing its Series I Units pursuant to a simplified prospectus dated April 5, 2013 (the Prospectus). Since the issuance of the receipt for the Prospectus and annual information form of the Funds on April 8, 2013, each 2013 New Fund became a reporting issuer in each of the Jurisdictions and became subject to the requirements of NI 81-102. Each 2013 New Fund also became subject to the requirements of NI 81-106 that apply only to investment funds that are reporting issuers.
7. The Filer and the Funds are not in default of securities legislation in any province or territory of Canada.
8. Since its Inception Date, as a “mutual fund in Ontario”, each Fund has prepared and sent annual and interim financial statements to all holders of its securities in accordance with NI 81-106.
9. Since its Inception Date, each Fund has complied with the investment restrictions and practices contained in NI 81-102, including not using leverage in the management of its portfolio.
10. Each Fund has been managed substantially similarly after it became a reporting issuer as it was prior to becoming a reporting issuer. As a result of each Fund becoming a reporting issuer:
i. the Fund’s investment objectives have not changed, other than to provide additional detail as required by National Instrument 81-101 – Mutual Fund Prospectus Disclosure (NI 81-101);
ii. the management fee charged to the Fund in respect of its Series I Units has not changed;
iii. the day-to-day administration of the Fund has not changed, other than to comply with the additional regulatory requirements associated with being a reporting issuer (none of which would have impacted the portfolio management of the Fund) and to provide additional features that are available to investors of mutual funds managed by the Filer, as described in the Prospectus; and
iv. the management expense ratio of the Series I Units of each Fund has not increased by more than 0.10%, which the Filer considers to be an immaterial amount.
11. The Filer proposes to present the performance data of the Series I Units of each Fund for the time period since its inception, or for the last ten years, as applicable, in sales communications pertaining to each Fund.
12. Without the Requested Relief, the sales communications pertaining to each Fund cannot include performance data of the Fund that relate to a period prior to its becoming a reporting issuer.
13. Without the Requested Relief, sales communications pertaining to each 2013 New Fund would not be permitted to include performance data until the 2013 New Fund has distributed securities under a prospectus in a jurisdiction for 12 consecutive months and sales communications pertaining to each 2013 New Fund would only be permitted to include performance data for the period commencing after the date on which the 2013 New Fund commences distributing securities under a prospectus.
October 10, 2013 (2013) 36 OSCB 9766
Decisions, Orders and Rulings
14. As a reporting issuer, each Fund is required under NI 81-101 to prepare and file fund facts.
15. The Filer proposes to include in the fund facts for the Series I Units of each Fund past performance data in the bar chart required by Item 4(3) of Form 81-101F3 under the sub-heading “Year-by-year returns” related to a period prior to the Fund being a reporting issuer.
16. Without the Requested Relief, the fund facts of each Fund cannot include performance data of the Fund that relate to a period prior to its becoming a reporting issuer.
17. As a reporting issuer, each Fund is required under NI 81-106 to prepare and send annual and interim management reports of fund performance (individually, an MRFP and collectively, the MRFPs) in accordance with NI 81-106.
18. The Filer has filed a separate application for exemptive relief from certain provisions of NI 81-106 (the NI 81-106 Relief) to enable each Fund to include in its MRFPs the performance data of the Series I Units of the Fund that relate to a period prior to its becoming a reporting issuer.
19. The performance data of each Fund for the time period before it became a reporting issuer is significant and meaningful information for existing and prospective investors of Series I Units of the Fund.
Decision
The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision.
The decision of the principal regulator under the Legislation is that the Requested Relief is granted provided that:
(a) any sales communication and any fund facts that contains performance data of Series I Units of a Fund relating to a period prior to when that Fund was a reporting issuer discloses:
(i) that the Fund was not a reporting issuer during such period; and
(ii) that the expenses of the Fund would have been higher during such period had the Fund been subject to the additional regulatory requirements applicable to a reporting issuer;
(b) a Fund will only include performance data relating to a period prior to when the Fund was a reporting issuer in any sales communication and fund facts of the Fund once the Fund has been in existence for at least one year;
(c) the information provided under the heading “Fund Expenses Indirectly Borne by Investors” in Part B of the simplified prospectus of the 2013 New Funds based on the management expense ratio for the Series I Units for the 2013 New Funds’ financial year ended December 31, 2013 be accompanied by disclosure that:
(i) the information is based on the MER of each 2013 New Fund for its last completed financial year when its Series I Units were offered privately during a period of time in such financial year; and
(ii) the MER of each 2013 New Fund may increase as a result of each 2013 New Fund offering its Series I Units under the simplified prospectus; and
(d) the Funds prepare their MRFPs in accordance with the NI 81-106 Relief.
“Vera Nunes” Manager, Investment Funds Ontario Securities Commission
October 10, 2013 (2013) 36 OSCB 9767
Decisions, Orders and Rulings
2.1.11 Galvanic Applied Sciences Inc. Representations
Headnote This decision is based on the following facts represented by the Filer: National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – application for an 1. Galvanic Applied Sciences Inc. (Galvanic) was order that the issuer is not a reporting issuer under incorporated under the Business Corporations Act securities legislation – issuer has less than 15 (Alberta) (ABCA) on June 30, 1997. Pursuant to securityholders in each jurisdiction and less than 51 an amalgamation (the Amalgamation) under the securityholders worldwide – requested relief granted. ABCA completed on September 19, 2013 (the Effective Date), Galvanic and 1756349 Alberta Applicable Legislative Provisions Ltd. (1756349) amalgamated and continued as one entity. The Filer is the company resulting from Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10). the Amalgamation.
Citation: Galvanic Applied Sciences Inc., Re, 2013 ABASC 2. The Filer’s head office is located at 7000 Fisher 461 Road SE, Calgary, Alberta T2H 0W3. Its registered office is located at 2500, 450-1st Street October 4, 2013 SW, Calgary, Alberta T2P 5H1.
IN THE MATTER OF 3. The Filer is a reporting issuer in each of the THE SECURITIES LEGISLATION OF Jurisdictions. BRITISH COLUMBIA, ALBERTA AND ONTARIO (THE JURISDICTIONS) 4. The Amalgamation was approved by the shareholders (the Shareholders) of Galvanic at a AND special meeting of Shareholders held on September, 19 2013. IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF 5. Pursuant to the Amalgamation, among other APPLICATIONS IN MULTIPLE JURISDICTIONS things, (i) each issued and outstanding share of Galvanic (the Galvanic Common Shares), other AND than those held by 1756349 and dissenting shareholders, was exchanged for one redeemable IN THE MATTER OF preferred share of the Filer, which shares were GALVANIC APPLIED SCIENCES INC. redeemed by Filer immediately after completion of (THE FILER) the Amalgamation, at a price of $1.70, (ii) each issued and outstanding Galvanic Common Share DECISION held by 1756349 was cancelled, (iii) each issued and outstanding common share in the capital of Background 1756349 was exchanged for one common share of the Filer and (iv) each issued and outstanding The securities regulatory authority or regulator in each of Galvanic Common Share held by a dissenting the Jurisdictions (Decision Maker) has received an shareholder was cancelled (such former share- application from the Filer for a decision under the securities holder being entitled to be paid by the Filer the fair legislation of the Jurisdictions (the Legislation) that the value of such Galvanic Common Share in Filer be deemed to have ceased to be a reporting issuer accordance with the ABCA). under the Legislation (the Exemptive Relief Sought). 6. The Galvanic Common Shares were delisted from Under the Process for Exemptive Relief Applications in the TSX Venture Exchange at the close of Multiple Jurisdictions (for a coordinated review application): business on September 20, 2013.
(a) the Alberta Securities Commission is the principal 7. The Filer’s share capital consists of common regulator for this application; and shares that are entirely owned by GAV Holdings, S.à r.l., a corporation incorporated pursuant to the (b) this decision is the decision of the principal laws of the Grand Duchy of Luxembourg. regulator and evidences the decision of each other Decision Maker. 8. The Filer is authorized to issue an unlimited number of common shares and an unlimited Interpretation number of preferred shares, issuable in series.
Terms defined in National Instrument 14-101 Definitions 9. No securities of the Filer, including debt securities, have the same meaning if used in this decision, unless are traded in Canada or another country on a otherwise defined herein. marketplace as defined in National Instrument 21-
October 10, 2013 (2013) 36 OSCB 9768
Decisions, Orders and Rulings
101 Market Operation or any other facility for 2.1.12 Medicago Inc. – s. 1(10) bringing together buyers and sellers of securities where trading data is publically reported. National Policy 11-203 Process for Exemptive Relief Appli- cations in Multiple Jurisdictions – application for an order 10. The outstanding securities of the Filer, including that the issuer is not a reporting issuer. debt securities, are beneficially owned, directly or indirectly, by fewer than 15 securityholders in Ontario Statutes each of the jurisdictions in Canada and fewer than 51 securityholders in total worldwide. Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10).
11. The Filer is not in default of any of its obligations October 7, 2013 under the Legislation as a reporting issuer other than its obligation to file and deliver, on or before McCarthy Tétrault LLP September 30, 2013, interim financial statements Complexe St-Amable and management’s discussion and analysis for 1150, De Claire-Fontaine Street, 7th floor the three month period ended July 31, 2013, as Québec (QC) G1R 5G$ required under National Instrument 51-102 Canada Continuous Disclosure Obligations and the related certificates as required under National Instrument Attention: Myreille Gilbert 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings. Dear Mrs. Gilbert:
12. The Filer did not surrender its status as a reporting Re: Medicago Inc. (the “Applicant”) issuer in British Columbia pursuant to BC Instrument 11-502 – Voluntary Surrender of Application for a decision under the securities Reporting Issuer Status (the BC Instrument) in legislation of Alberta, Saskatchewan, Ontario order to avoid the 10 day waiting period under the and Québec (the “Jurisdictions”) that the BC instrument. Applicant is not a reporting issuer
13. The Filer has no current intention to seek public The Applicant has applied to the local securities regulatory financing by way of an offering of securities in authority or regulator (the “Decision Maker”) in each of the Canada or to list securities on any marketplace in Jurisdictions for a decision under the securities legislation Canada. (the “Legislation”) of the Jurisdictions that the Applicant is
not a reporting issuer. 14. The Filer is not eligible to use the simplified procedure (the Simplified Procedure) under CSA In this decision, “securityholder” means, for a security, the Staff Notice 12-307 Application for a Decision that beneficial owner of the security. an Issuer is not a Reporting Issuer in order to
apply for the decision sought because it is a The Applicant has represented to the Decision Makers that: reporting issuer in British Columbia and is in
default of certain filing obligations under the (a) the outstanding securities of the Appli- Legislation as described in paragraph 11 above. cant, including debt securities, are bene- 15. The Filer seeks an order deeming the Filer to have ficially owned, directly or indirectly, by ceased to be a reporting issuer in the fewer than 15 securityholders in each of Jurisdictions. the jurisdictions of Canada and fewer than 51 securityholders in total world- 16. Upon grant of the relief requested, the Filer will wide; not be a reporting issuer or the equivalent in any jurisdiction in Canada. (b) no securities of the Applicant, including debt securities, are traded in Canada or Decision another country on a marketplace as defined in Regulation 21-101 respecting Each of the Decision Makers is satisfied that the decision Marketplace Operation or any other meets the test set out in the Legislation for the Decision facility for bringing together buyers and Maker to make the decision. sellers of securities where trading data is publicly reported; The decision of the Decision Makers under the Legislation is that the Exemptive Relief Sought is granted. (c) the Applicant is applying for a decision that it is not a reporting issuer in all of the “Denise Weeres” jurisdictions of Canada in which it is Manager, Legal currently a reporting issuer; and Corporate Finance Alberta Securities Commission
October 10, 2013 (2013) 36 OSCB 9769
Decisions, Orders and Rulings
(d) the Applicant is not in default of any of its 2.2 Orders obligations under the Legislation as a reporting issuer. 2.2.1 David M. O’Brien – s. 9(1) of the SPPA and Rules 5.2(1), 8.1 of the OSC Rules of Each of the Decision Makers is satisfied that the test Procedure contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been IN THE MATTER OF met and orders that the Applicant’s status as a reporting THE SECURITIES ACT, issuer is revoked. R.S.O. 1990, c. S.5 AS AMENDED
“Josée Deslauriers” AND Director, Investment Funds and Continuous Disclosure Autorité des marchés financiers IN THE MATTER OF DAVID M. O’BRIEN
ORDER (Subsection 9(1) of the Statutory Powers Procedure Act, R.S.O. 1990, c. S.22, as amended and Rule 8.1 and subrule 5.2(1) of the Commission’s Rules of Procedure (2012), 35 O.S.C.B. 10071)
WHEREAS on December 8, 2010, the Secretary of the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing, pursuant to sections 37, 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), for a hearing to commence at the offices of the Commission on December 20, 2010 at 10:30 a.m., or as soon thereafter as the hearing could be held;
AND WHEREAS on December 9, 2010, the Respondent David O’Brien (“O’Brien”) was served with the Notice of Hearing and Statement of Allegations dated December 7, 2010;
AND WHEREAS the Notice of Hearing provided for the Commission to consider, among other things, whether, in the opinion of the Commission, it is in the public interest, pursuant to section 127 of the Act, to issue temporary orders against O’Brien, as follows:
(a) O’Brien shall cease trading in any securities for a prescribed period or until the conclusion of the hearing on the merits in this matter;
(b) O’Brien is prohibited from acquiring securities for a prescribed period or until the conclusion of the hearing on the merits in this matter; and
(c) Any exemptions contained in Ontario securities law do not apply to O’Brien for a prescribed period or until the conclusion of the hearing on the merits in this matter;
AND WHEREAS on December 20, 2010, Staff of the Commission (“Staff”) and O’Brien appeared before the Commission and made submissions and O’Brien advised the Commission that he was opposed to Staff’s request that temporary orders be issued against him and that he
October 10, 2013 (2013) 36 OSCB 9770
Decisions, Orders and Rulings wished to cross-examine Lori Toledano, a member of Staff, c) a further confidential pre-hearing on her affidavit; conference shall take place on May 30, 2011 at 10:00 a.m.; AND WHEREAS on December 20, 2010, the hearing with respect to the issuance of the temporary AND WHEREAS on March 30, 2011, a hearing orders was adjourned until December 23, 2010 at 12:30 with respect to the extension of the Temporary Cease p.m.; Trade Order was held, and the panel of the Commission considered the evidence filed and the submissions made AND WHEREAS on December 23, 2010, a by Staff and O’Brien; hearing with respect to the issuance of the temporary orders was held and the panel of the Commission AND WHEREAS on March 30, 2011, the considered the affidavit of Toledano, the cross-examination Commission ordered that: of Toledano and the submissions made by Staff and O’Brien; a) the Temporary Cease Trade Order shall be extended to April 26, 2011; and AND WHEREAS on December 23, 2010, the Commission issued a temporary cease trade order b) a further hearing to extend the pursuant to section 127 of the Act ordering that: Temporary Cease Trade Order shall take place on April 21, 2011 at 10:00 a.m.; (a) O’Brien shall cease trading in securities; AND WHEREAS on April 21, 2011, a hearing with (b) O’Brien is prohibited from acquiring respect to the extension of the Temporary Cease Trade securities; and Order was held, and the panel of the Commission considered the evidence filed and the submissions made (c) Any exemptions contained in Ontario by Staff and O’Brien; securities law do not apply to O’Brien (the “Temporary Cease Trade Order”); AND WHEREAS on April 21, 2011, the Commission ordered that: AND WHEREAS on December 23, 2010, the Commission ordered that the Temporary Cease Trade a) the Temporary Cease Trade Order shall Order shall expire on April 1, 2011; be extended until the conclusion of the hearing of the merits of this matter; and AND WHEREAS on December 23, 2010, the Commission ordered that Staff and O’Brien shall consult b) O’Brien may, if he wishes to do so, apply with the Office of the Secretary and schedule a confidential to the Commission for an order revoking pre-hearing conference for this matter; or varying this Order pursuant to section 144 of the Act; AND WHEREAS a confidential pre-hearing conference was scheduled for February 24, 2011; AND WHEREAS also on April 21, 2011, O’Brien brought a motion regarding disclosure, wherein he sought AND WHEREAS at the confidential pre-hearing an order from the Commission requiring Staff to provide conference on February 24, 2011, Staff and O’Brien him with all additional disclosure materials without requiring appeared and made submissions regarding the disclosure him to execute a further undertaking, and the panel of the made by Staff, and Staff requested an extension of the Commission considered the evidence filed and the Temporary Cease Trade Order; submissions made by Staff and O’Brien;
AND WHEREAS on February 24, 2011, the AND WHEREAS on April 21, 2011, the Commission ordered that: Commission ordered that Staff shall provide further disclosure materials to O’Brien without requiring the signing a) a hearing to extend the Temporary by him of an undertaking as to the confidentiality of that Cease Trade Order shall take place on disclosure. The Commission further ordered that: March 30, 2011 at 11:30 a.m.; 1) all disclosure materials provided to b) a motion regarding disclosure shall take O’Brien are confidential and may be used place on April 21, 2011 at 10:00 a.m., by him only for the purpose of making full and in accordance with rule 3.2 of the answer and defence in this proceeding. Commission Rules of Procedure (2010), The use of disclosure materials for any 33 OSCB 8017 (the “Rules of other purpose is strictly prohibited. All Procedure”), O’Brien shall serve and file disclosure materials provided to O’Brien a motion record, including any affidavits are subject to the strict confidentiality to be relied upon, by April 11, 2011 at restrictions imposed by section 16 of the 4:30 p.m.; and Act;
October 10, 2013 (2013) 36 OSCB 9771
Decisions, Orders and Rulings
2) O’Brien is also subject to the implied AND WHEREAS at the confidential pre-hearing undertaking that all disclosure materials conference on January 31, 2012, Staff and Counsel for provided to him are subject to the O’Brien appeared and Counsel for O’Brien requested an restrictions on use referred to in adjournment of the hearing on the merits to permit interim paragraph (1); issues to be raised before the Commission. Counsel for O’Brien also requested that the records from both the 3) the Previous Undertaking signed by January 11 and 31, 2012 confidential pre-hearing O’Brien is binding upon him and applies conferences be sealed and treated as confidential. The by its terms to all of the disclosure Commission ordered that the hearing dates of March 12, materials provided by Staff to O’Brien, 14, 15, 16, 19, 20, 21, 22, 23, 26 and 28, 2012 be vacated, including all disclosure materials pro- a further confidential pre-hearing conference take place on vided by Staff to O’Brien in the future; if March 12, 2012 at 10:00 a.m., and that the records from O’Brien wishes to challenge the validity both the January 11 and 31, 2012 confidential pre-hearing of the Previous Undertaking he is entitled conferences be sealed and treated as confidential pursuant to bring a motion before the Commission to subsection 9(1) of the Statutory Powers Procedure Act, to do so; and R.S.O. 1990, c. S.22, as amended (the “SPPA”) and rule 8.1 and subrule 5.2(1) of the Rules of Procedure; 4) if O’Brien wishes to use the disclosure materials provided by Staff to him for any AND WHEREAS at the confidential pre-hearing purpose other than as provided in conference on March 12, 2012, Staff and Counsel for paragraph (1), he must make an O’Brien appeared and Counsel for O’Brien requested a application to the Commission under confidential motion be scheduled to seek an adjournment section 17 of the Act for an order of the of the hearing dates. The Commission ordered that a Commission consenting to that use; confidential motion take place on April 18, 2012 at 10:00 a.m., for which O’Brien shall serve and file a motion AND WHEREAS at the confidential pre-hearing record, including any affidavits to be relied upon, by April 5, conference on May 30, 2011, Staff and O’Brien appeared 2012 at 4:30 p.m., Staff shall serve and file any responding and Staff sought to set dates for a hearing on the merits, materials by April 12, 2012, O’Brien shall serve and file a while O’Brien advised the Commission that he was factum by April 13, 2012, and Staff shall file its factum by opposed to Staff’s request. The Commission adjourned the April 16, 2012, and that the records from the March 12, hearing to June 20, 2011 at 10:00 a.m., for the purpose of 2012 confidential pre-hearing conference and from the April setting the dates for the hearing on the merits; 18, 2012 confidential motion shall be sealed and treated as confidential pursuant to subsection 9(1) of the SPPA and AND WHEREAS at the confidential pre-hearing rule 8.1 and subrule 5.2(1) of the Rules of Procedure; conference on June 20, 2011, Staff and O’Brien appeared and scheduling of the hearing on the merits was discussed AND WHEREAS at the confidential motion on and the Commission ordered that: April 18, 2012, Staff and Counsel for O’Brien appeared and Counsel for O’Brien presented evidence and requested an 1. the hearing on the merits is to commence adjournment of any hearing dates and that a further on March 12, 2012 at 10:00 a.m. at the confidential pre-hearing conference be scheduled. Staff did offices of the Commission, and shall not oppose the adjournment request and agreed to the continue on March 14, 15, 16, 19, 20, 21, scheduling of a further pre-hearing conference. The 22, 23, 26, and 28, 2012, or such further Commission ordered that a confidential pre-hearing or other dates as may be agreed upon by conference shall take place on July 19, 2012 at 10:00 a.m., the parties and fixed by the Office of the for which O’Brien shall deliver any materials relevant to the Secretary; and pre-hearing conference by July 9, 2012, and that the records from the July 19, 2012 confidential pre-hearing 2. a further confidential pre-hearing conference shall be sealed and treated as confidential conference shall take place on January pursuant to subsection 9(1) of the SPPA and rule 8.1 and 11, 2012 at 10:00 a.m.; subrule 5.2(1) of the Rules of Procedure;
AND WHEREAS at the confidential pre-hearing AND WHEREAS at the confidential pre-hearing conference on January 11, 2012, Staff appeared and conference on July 19, 2012, Staff and Counsel for O’Brien Counsel on behalf of O’Brien appeared, who advised the appeared and presented evidence and requested that a Commission that he had just been appointed to represent further confidential pre-hearing conference be scheduled. O’Brien in this matter; The Commission ordered that a confidential pre-hearing conference shall take place on September 28, 2012 at AND WHEREAS Counsel for O’Brien requested 11:00 a.m., for which O’Brien shall deliver any materials that the pre-hearing conference be continued in a few relevant to the pre-hearing conference by September 18, weeks time to permit him to address certain matters that 2012, and that the records from the September 28, 2012 had just been brought to his attention. The Commission confidential pre-hearing conference shall be sealed and ordered that a further confidential pre-hearing conference treated as confidential pursuant to subsection 9(1) of the take place on January 31, 2012 at 3:30 p.m.;
October 10, 2013 (2013) 36 OSCB 9772
Decisions, Orders and Rulings
SPPA and rule 8.1 and subrule 5.2(1) of the Rules of further confidential pre-hearing conference be scheduled. Procedure; The Commission ordered that a confidential pre-hearing conference shall take place on September 30, 2013 at AND WHEREAS at the confidential pre-hearing 10:00 a.m., for which O’Brien shall file and serve any conference on September 28, 2012, Staff and Counsel for materials on which he intends to rely at the pre-hearing O’Brien appeared and presented evidence as conference by September 23, 2013, and that the records contemplated at the earlier pre-hearing conference. Staff from the July 18, 2013 and September 30, 2013 sought to set dates for a hearing on the merits, while confidential pre-hearing conferences shall be sealed and counsel for O’Brien requested a further confidential pre- treated as confidential pursuant to subsection 9(1) of the hearing conference before hearing dates are set. The SPPA and rule 8.1 and subrule 5.2(1) of the Rules of Commission ordered that a confidential pre-hearing Procedure; conference shall take place on October 25, 2012 at 3:00 p.m., for which O’Brien shall deliver any materials relevant AND WHEREAS at the confidential pre-hearing to the pre-hearing conference by October 22, 2012, and conference on September 30, 2013, Staff and Counsel for that the records from the September 28, 2012 and October O’Brien appeared and made submissions and requested 25, 2012 confidential pre-hearing conferences shall be that a further confidential pre-hearing conference be sealed and treated as confidential pursuant to subsection scheduled; 9(1) of the SPPA and rule 8.1 and subrule 5.2(1) of the Rules of Procedure; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order; AND WHEREAS at the confidential pre-hearing conference on October 25, 2012, Staff and Counsel for IT IS HEREBY ORDERED THAT: O’Brien appeared and presented evidence and Staff did not object to Counsel for O’Brien requesting a further 1. a confidential pre-hearing conference confidential pre-hearing conference. The Commission shall take place on December 11, 2013 ordered that a confidential pre-hearing conference shall at 10:00 a.m.; take place on March 7, 2013 at 10:00 a.m., for which O’Brien shall deliver any materials relevant to the pre- 2. O’Brien shall file and serve any materials hearing conference by March 1, 2013 and that the records on which he intends to rely at the pre- from the October 25, 2012 and March 7, 2013 confidential hearing conference by December 2, pre-hearing conferences shall be sealed and treated as 2013; and confidential pursuant to subsection 9(1) of the SPPA and rule 8.1 and subrule 5.2(1) of the Rules of Procedure; 3. the records from the September 30, 2013 and December 11, 2013 confidential pre- AND WHEREAS Staff requested an adjournment hearing conferences shall be sealed and until March 11, 2013 and Counsel for O’Brien confirmed his treated as confidential pursuant to availability for March 11, 2013 as an alternate date for the subsection 9(1) of the SPPA and rule 8.1 pre-hearing conference. The Commission ordered that the and subrule 5.2(1) of the Rules of pre-hearing date of March 7, 2013 is vacated, a confidential Procedure. pre-hearing conference shall take place on March 11, 2013 at 11:00 a.m., and the records of the March 11, 2013 DATED at Toronto this 30th September, 2013. confidential pre-hearing conference shall be sealed and treated as confidential pursuant to subsection 9(1) of the “Mary G. Condon” SPPA and rule 8.1 and subrule 5.2(1) of the Rules of Procedure, (2012), 35 OSCB 10071;
AND WHEREAS at the confidential pre-hearing conference on March 11, 2013, Staff and Counsel for O’Brien appeared and presented evidence and requested that a further confidential pre-hearing conference be scheduled. The Commission ordered that a confidential pre-hearing conference shall take place on July 18, 2013 at 10:00 a.m., for which O’Brien shall deliver any materials relevant to the pre-hearing conference by July 8, 2013 and that the records from the March 11, 2013 and July 18, 2013 confidential pre-hearing conferences shall be sealed and treated as confidential pursuant to subsection 9(1) of the SPPA and rule 8.1 and subrule 5.2(1) of the Rules of Procedure;
AND WHEREAS at the confidential pre-hearing conference on July 18, 2013, Staff and Counsel for O’Brien appeared and made submissions and requested that a
October 10, 2013 (2013) 36 OSCB 9773
Decisions, Orders and Rulings
2.2.2 Oversea Chinese Fund Limited Partnership et AND WHEREAS on October 22, 2009, the al. – ss. 127(7) and (8) Commission ordered, on consent, that the Temporary Order be extended until November 16, 2009 and the IN THE MATTER OF hearing be adjourned until November 13, 2009 at 10:00 THE SECURITIES ACT, a.m.; R.S.O. 1990, c. S.5, AS AMENDED AND WHEREAS on November 13, 2009, the AND Respondents brought a motion before the Commission to have the Temporary Order varied to allow Weizhen Tang to IN THE MATTER OF trade (the “Tang Motion”) and Staff opposed this motion; OVERSEA CHINESE FUND LIMITED PARTNERSHIP, WEIZHEN TANG AND ASSOCIATES INC., AND WHEREAS on November 13, 2009, Staff WEIZHEN TANG CORP. AND WEIZHEN TANG sought an extension of the Temporary Order until after the conclusion of the charges before the Ontario Court of TEMPORARY ORDER Justice against Oversea, Associates and Weizhen Tang; Subsections 127(7) and (8) AND WHEREAS on November 13, 2009, the WHEREAS on March 17, 2009, pursuant to Commission was of the opinion that, pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. subsection 127(8) of the Act, satisfactory information had 1990, c. S.5, as amended (the “Act”), the Ontario Securities not been provided to the Commission by any of the Commission (the "Commission") made the following Respondents; it was in the public interest to order that the temporary orders (the “Temporary Order”) against Oversea Tang Motion be denied; the Temporary Order be extended Chinese Fund Limited Partnership (“Oversea”), Weizhen until June 30, 2010; and the hearing be adjourned to June Tang and Associates Inc. (“Associates”), Weizhen Tang 29, 2010 at 10:00 a.m.; Corp. (“Corp.”) and Weizhen Tang, (collectively, the “Respondents”): AND WHEREAS on June 29, 2010, the Commission ordered that the Temporary Order be 1. that all trading in securities of Oversea, extended until March 31, 2011, and the hearing be Associates and Corp. shall cease; adjourned to March 30, 2011, at 10:00 a.m.;
2. that all trading by the Respondents shall AND WHEREAS on March 30, 2011, the cease; and Commission ordered that the Temporary Order was extended until May 17, 2011, and the hearing was 3. that the exemptions contained in Ontario adjourned to May 16, 2011 at 10:00 a.m.; securities law do not apply to the Respondents; AND WHEREAS on May 16, 2011, Staff made submissions and sought an extension of the Temporary AND WHEREAS on March 17, 2009, pursuant to Order and the Respondent Weizhen Tang appeared on subsection 127(6) of the Act, the Commission ordered that behalf of all Respondents and made submissions opposing the Temporary Order shall expire on the 15th day after its the extension of the Temporary Order; making unless extended by order of the Commission; AND WHEREAS on May 16, 2011, the AND WHEREAS on March 18, 2009, the Commission concluded pursuant to subsection 127(8) of Commission issued a Notice of Hearing to consider, among the Act that satisfactory information had not been provided other things, the extension of the Temporary Order, to be to the Commission by any of the Respondents and ordered held on April 1, 2009 at 2:00 p.m.; that the Temporary Order be extended until November 1, 2011 and the hearing be adjourned to October 31, 2011 at AND WHEREAS on April 1, 2009, the 10:00 a.m.; Commission ordered that the Temporary Order be extended, pursuant to subsection 127(8) of the Act, to AND WHEREAS on October 31, 2011, the September 10, 2009 and the hearing be adjourned to Commission concluded pursuant to subsection 127(8) of September 9, 2009; the Act that satisfactory information had not been provided to the Commission by any of the Respondents; the AND WHEREAS on September 8, 2009, the Commission advised Weizhen Tang that the Respondents Commission ordered, on consent, that the Temporary could bring a motion under section 144 of the Act to vary Order be extended until September 26, 2009 and the the Temporary Order prior to the next hearing date and hearing be adjourned until September 25, 2009 at 10:00 ordered that the Temporary Order be extended to a.m.; September 24, 2012 and that the hearing be adjourned to September 21, 2012, at 10:00 a.m.; AND WHEREAS on September 24, 2009, the Commission ordered, on consent, that the Temporary AND WHEREAS on September 21, 2012, the Order be extended until October 23, 2009 and the hearing Commission ordered that the Temporary Order be be adjourned until October 22, 2009 at 10:00 a.m.;
October 10, 2013 (2013) 36 OSCB 9774
Decisions, Orders and Rulings extended to January 21, 2013 and that the hearing be 2.2.3 Ernst & Young LLP (Audits of Zungui Haixi adjourned to January 18, 2013 at 10:00 a.m.; Corporation) – ss. 127, 127.1
AND WHEREAS on January 18, 2013, the IN THE MATTER OF Commission ordered that the Temporary Order be THE SECURITIES ACT, extended until February 4, 2013 and the hearing of this R.S.O. 1990, c. S.5, AS AMENDED matter be adjourned to February 1, 2013 at 2:00 p.m.; AND AND WHEREAS on February 1, 2013, the Commission ordered that the Temporary Order be IN THE MATTER OF extended until February 6, 2013 and the hearing of this ERNST & YOUNG LLP matter be adjourned to February 5, 2013 at 9:30 a.m.; (AUDITS OF ZUNGUI HAIXI CORPORATION)
AND WHEREAS on February 5, 2013, the ORDER Commission ordered that the Temporary Order be (Sections 127 and 127.1) extended until August 1, 2013 and the hearing of this matter be adjourned to July 31, 2013 at 10:00 a.m. without WHEREAS on June 24, 2013 the Ontario prejudice to the Respondents to bring an application to vary Securities Commission (the “Commission”) issued a the Temporary Order pursuant to section 144 of the Act; Notice of Hearing in relation to a Statement of Allegations filed by Staff of the Commission (“Staff”) pursuant to AND WHEREAS on July 31, 2013, the section 127 of the Securities Act, R.S.O. 1990, c. S.5, as Commission ordered that the Temporary Order be amended (the “Act”) with respect to Ernst & Young LLP extended until August 23, 2013 and the hearing of this (the “Respondent”); matter be adjourned to August 21, 2013 at 10:00 a.m. without prejudice to the Respondents to bring an AND WHEREAS the Notice of Hearing stated that application to vary the Temporary Order pursuant to an initial hearing before the Commission would be held on section 144 of the Act; July 15, 2013;
AND WHEREAS on August 21, 2013, the AND WHEREAS the Commission convened a Commission ordered that the Temporary Order be hearing on July 15, 2013 and the matter was adjourned to extended until October 2, 2013 and the hearing of this a confidential pre-hearing conference to be held on matter be adjourned to September 30, 2013 at 1:00 p.m. September 30, 2013; without prejudice to the Respondents to bring an application to vary the Temporary Order pursuant to AND WHEREAS a confidential pre-hearing section 144 of the Act; conference was held on September 30, 2013 and counsel for Staff and counsel for the Respondent both made AND WHEREAS on September 30, 2013, Staff submissions regarding the scheduling of the hearing on the appeared before the Commission to request an extension merits (the “Merits Hearing”); of the Temporary Order and no one appeared on behalf of the Respondents; AND WHEREAS the Commission is of the view that it is in the public interest to make this order; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order; IT IS HEREBY ORDERED THAT:
IT IS ORDERED THAT the Temporary Order is 1. the Merits Hearing shall commence on extended until November 25, 2013 and the hearing of this May 1, 2015 and continue as directed by matter is adjourned to November 21, 2013 at 10:00 a.m. Order of the Commission; and without prejudice to the Respondents to bring an application to vary the Temporary Order pursuant to 2. A further confidential pre-hearing shall be section 144 of the Act. held on December 11, 2013 at 11:00 a.m., or such other date as is agreed by DATED at Toronto this 30th day of September, the parties and set by the Office of the 2013. Secretary.
“James E. A. Turner” DATED at Toronto this 30th day of September, 2013.
“Mary G. Condon”
October 10, 2013 (2013) 36 OSCB 9775
Decisions, Orders and Rulings
2.2.4 Global Consulting and Financial Services et al. Statement of Facts”) and joint submission on sanctions – ss. 27, 127(1), 127(10) (the “Joint Submission on Sanctions”) in respect of Chomica; IN THE MATTER OF THE SECURITIES ACT, AND WHEREAS on October 1, 2013, the R.S.O. 1990, c. S.5, AS AMENDED Commission ordered that an oral hearing, which shall commence in camera and may continue as a public AND hearing, be held on October 2, 2013 at 9:30 a.m. to consider: IN THE MATTER OF GLOBAL CONSULTING AND FINANCIAL SERVICES, (a) the Agreed Statement of Facts and Joint GLOBAL CAPITAL GROUP, Submission on Sanctions entered into by CROWN CAPITAL MANAGEMENT CORP., Staff and Chomica; and MICHAEL CHOMICA, JAN CHOMICA and LORNE BANKS (b) the next steps in the proceeding with respect to Crown Capital and Global ORDER Capital; (Sections 37, 127(1) and 127(10) of the Securities Act) AND WHEREAS on October 2, 2013, Staff WHEREAS on March 27, 2013, the Ontario attended in person and Chomica participated by telephone Securities Commission (the “Commission”) issued a conference; Notice of Hearing pursuant to sections 37, 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the AND WHEREAS Staff and Chomica made “Act”) accompanied by a Statement of Allegations of Staff submissions in connection with the Agreed Statement of of the Commission (“Staff”) dated March 27, 2013 with Facts and the Joint Submission on Sanctions; respect to Global Consulting and Financial Services (“Global Consulting”), Global Capital Group (“Global AND WHEREAS Chomica agrees to forfeit to the Capital”), Crown Capital Management Corp. (“Crown Commission $2,000 in cash that was seized by Staff during Capital”), Michael Chomica (“Chomica”), Jan Chomica and the execution of a search warrant on his residence and to Lorne Banks (“Banks”); have that amount applied towards any disgorgement order made by the Commission; AND WHEREAS on July 17, 2013, the Commission approved a settlement agreement between AND WHEREAS the Commission found that Staff and Banks; pursuant to paragraph 1 of subsection 127(10) of the Act, Chomica’s convictions by the Ontario Court of Justice on AND WHEREAS on August 6, 2013, the March 14, 2013 for contraventions of sections 122 and Commission approved a settlement agreement between 126.1(b) of the Act may form the basis of an order in the Staff and Global Consulting and Jan Chomica; public interest under subsection 127(1) of the Act;
AND WHEREAS by Notice of Motion, Motion AND WHEREAS Staff did not pursue its allegation Record and Written Submissions dated August 14, 2013, against Chomica in relation to section 25 of the Act, as set Staff brought a motion for an order to convert the oral out in the Amended Statement of Allegations, and therefore hearing on the merits as it relates to Chomica, Crown the Commission makes no finding in relation thereto; Capital and Global Capital to a written hearing (the “Motion”); AND WHEREAS the Commission has considered the Agreed Statement of Facts, the Joint Submission on AND WHEREAS on September 4, 2013, Staff Sanctions and the submissions of Staff and Chomica and is appeared at the Motion hearing and Chomica did not of the opinion that it is in the public interest to make this appear but had communicated to Staff that he did not Order; oppose the Motion; IT IS HEREBY ORDERED THAT: AND WHEREAS on September 4, 2013, the Commission granted the Motion and set a schedule for the (a) pursuant to clause 2 of subsection 127(1) filing of documents in connection with the written hearing; of the Act, trading in any securities by Chomica shall cease permanently from AND WHEREAS on September 13, 2013, Staff the date of this Order; filed an Amended Statement of Allegations with the Commission; (b) pursuant to clause 2.1 of subsection 127(1) of the Act, the acquisition of any AND WHEREAS Staff and Chomica jointly securities by Chomica is prohibited requested a hearing to be held on October 2, 2013 at 9:30 permanently from the date of this Order; a.m., pursuant to subsections 127(1) and 127(10) of the Act, to consider an agreed statement of facts (the “Agreed
October 10, 2013 (2013) 36 OSCB 9776
Decisions, Orders and Rulings
(c) pursuant to clause 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Chomica permanently from the date of this Order;
(d) pursuant to clause 6 of subsection 127(1) of the Act, Chomica was reprimanded orally at the hearing held on October 2, 2013;
(e) pursuant to clauses 8, 8.2, and 8.4 of subsection 127(1) of the Act, Chomica is prohibited permanently from the date of this Order from becoming or acting as a director or officer of any issuer, registrant, or investment fund manager;
(f) pursuant to clause 8.5 of subsection 127(1) of the Act, Chomica is prohibited permanently from the date of this Order from becoming or acting as a registrant, as an investment fund manager or as a promoter;
(g) pursuant to clause 10 of subsection 127(1) of the Act, Chomica shall disgorge to the Commission the amount of $550,000 obtained as a result of his non- compliance with Ontario securities law, such amount shall be designated for allocation or for use by the Commission pursuant to subsection 3.4(2)(b)(i) or (ii) of the Act;
(h) pursuant to subsection 37(1) of the Act, Chomica is prohibited permanently, from the date of this Order, from telephoning from within Ontario to any residence within or outside Ontario for the purpose of trading in any security or in any class of securities; and
(i) notwithstanding the provisions of this Order, once Chomica has fully satisfied the terms of the disgorgement order in paragraph (g) above, Chomica shall be permitted to acquire and/or trade securities for the account of his registered retirement savings plan (“RRSP”) as defined in the Income Tax Act, R.S.C., 1985, c. 1, as amended.
DATED at Toronto this 2nd day of October, 2013.
“Alan Lenczner”
October 10, 2013 (2013) 36 OSCB 9777
Decisions, Orders and Rulings
2.2.5 First Quadrant, L.P. – s. 80 of the CFA
Headnote
Section 80 of the Commodity Futures Act (Ontario) – Foreign adviser exempted from the adviser registration requirement in section 22(1)(b) of the CFA where such adviser acts as an adviser in respect of commodity futures contracts or commodity futures options (commodities) for certain individual and institutional investors in Ontario who meet the definition of “permitted client” in NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations – Commodities are primarily traded on commodity futures exchanges outside of Canada and primarily cleared outside of Canada.
Terms and conditions on exemption correspond to the relevant terms and conditions on the comparable exemption from the adviser registration requirement available to international advisers in respect of securities set out in section 8.26 of NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations – Exemption also subject to a “sunset clause” condition.
Statutes Cited
Securities Act, R.S.O. 1990, c. S.5, as am. Commodity Futures Act, R.S.O. 1990, c. C.20. as am., ss. 1(1), 22(1)(b), 80.
Instruments Cited
National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, ss. 1.1, 8.26.
IN THE MATTER OF THE COMMODITY FUTURES ACT, R.S.O. 1990, CHAPTER C.20, AS AMENDED (the CFA)
AND
IN THE MATTER OF FIRST QUADRANT, L.P.
ORDER (Section 80 of the CFA)
UPON the application (the Application) of First Quadrant, L.P. (the Applicant) to the Ontario Securities Commission (the Commission) for an order pursuant to section 80 of the CFA that the Applicant and any individuals engaging in, or holding themselves out as engaging in, the business of advising others as to trading in Contracts (as defined below) on the Applicant's behalf (the Representatives) be exempt, for a period of five years, from the adviser registration requirement in paragraph 22(1)(b) of the CFA, subject to certain terms and conditions;
AND UPON considering the Application and the recommendation of staff of the Commission;
AND WHEREAS for the purposes of this Order;
“CFA Adviser Registration Requirement” means the requirement in the CFA that prohibits a person or company from acting as an adviser unless the person or company is registered in the appropriate category of registration under the CFA;
“CFTC” means the United States Commodity Futures Trading Commission;
“Contract” has the meaning ascribed to that term in subsection 1(1) of the CFA;
“Foreign Contract” means a Contract that is primarily traded on one or more organized exchanges that are located outside of Canada and primarily cleared through one or more clearing corporations that are located outside of Canada;
“International Adviser Exemption” means the exemption set out in section 8.26 of NI 31-103 from the OSA Adviser Registration Requirement;
“NI 31-103” means National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations;
“OSA” means the Securities Act (Ontario);
October 10, 2013 (2013) 36 OSCB 9778
Decisions, Orders and Rulings
“OSA Adviser Registration Requirement” means the requirement in the OSA that prohibits a person or company from acting as an adviser unless the person or company is registered in the appropriate category of registration under the OSA;
“Permitted Client” means a client in Ontario that is a “permitted client”, as that term is defined in section 1.1 of NI 31-103, except that for the purposes of the Order such definition shall exclude a person or company registered under the securities or commodities legislation of a jurisdiction of Canada as an adviser or dealer;
“SEC” means the United States Securities and Exchange Commission;
“specified affiliate” has the meaning ascribed to that term in Form 33-109F6 to National Instrument 33-109 Registration Information; and
“U.S. Advisers Act” means the United States Investment Advisers Act of 1940.
AND UPON the Applicant having represented to the Commission that:
1. The Applicant is a limited partnership established in 1988 and organized under the laws of the State of Delaware, United States. The Applicant's principal place of business is located in Pasadena, California.
2. The Applicant is registered in the United States with the SEC as an investment adviser under the U. S. Advisers Act. The Applicant is registered with the CFTC as a commodity trading advisor and commodity pool operator.
3. The Applicant engages in the business of an adviser with respect to securities and with respect to Contracts in California and its other offices in the United States.
4. The Applicant provides its advisory services in a broad array of asset allocation, equity and other investment strategies, including in the broad categories of global and international, value, growth and core, real assets, quantitative/enhanced, index, and non-traditional strategies. Depending on the particular strategy, the Applicant may invest in a variety of securities and other investments, including in certain cases derivatives, and employ various methods of analysis and investment techniques. In the United States, the Applicant trades both fixed income, equity and commodity futures for a variety of strategies. Among other trades, the Applicant has substantial experience trading US Treasury futures, FX futures, and S&P EMini futures on the CME (Chicago Mercantile Exchange) as well as physical commodity futures such as aluminum futures on the London Metal Exchange. The advisor also trades OTC but standardized swaps such as the iBOXX High Yield Index Total Return Swap.
5. The Applicant advises Ontario clients that are Permitted Clients with respect to foreign securities in reliance on the International Adviser Exemption and therefore is not registered under the OSA.
6. The Applicant is not registered in any capacity under the CFA.
7. Permitted Clients seek to access certain specialized portfolio management services provided by the Applicant, including advice as to trading in Foreign Contracts.
8. In addition to providing advice in respect of securities as described in paragraph 4 above, the Applicant proposes to act also as an adviser to Permitted Clients in Ontario in respect of Foreign Contracts in connection principally with respect to foreign currency and interest futures, options and forwards. It will provide its advice on a fully discretionary basis.
9. There is currently no exemption from the CFA Adviser Registration Requirement that is equivalent to the International Adviser Exemption. Consequently, in order to advise Permitted Clients as to trading in Foreign Contracts, in the absence of this Order, the Applicant would be required to satisfy the CFA Adviser Registration Requirement and would have to apply for, and obtain, registration in Ontario as an adviser under the CFA in the category of commodity trading manager.
10. To the best of the Applicant's knowledge, the Applicant confirms that there are currently no regulatory actions of the type contemplated by the Notice of Regulatory Action attached as Appendix “B”, in respect of the Applicant or any predecessors or specified affiliates of the Applicant.
AND UPON being satisfied that it would not be prejudicial to the public interest for the Commission to make this Order,
IT IS ORDERED pursuant to section 80 of the CFA that the Applicant and its Representatives are exempt, for a period of five years, from the adviser registration requirement in paragraph 22(1)(b) of the CFA in respect of providing advice to Permitted Clients as to the trading of Foreign Contracts provided that:
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(a) the Applicant provides advice to Permitted Clients only as to trading in Foreign Contracts and does not advise any Permitted Client as to trading in Contracts that are not Foreign Contracts, unless providing such advice is incidental to its providing advice on Foreign Contracts;
(b) the Applicant's head office or principal place of business remains in the United States;
(c) the Applicant is registered or operates under an exemption from registration, under the applicable securities or commodity futures legislation in the United States, in a category of registration that permits it to carry on the activities in the United States that registration under the CFA as an adviser in the category of commodity trading manager would permit it to carry on in Ontario;
(d) the Applicant continues to engage in the business of an adviser, as defined in the CFA, in the United States;
(e) as at the end of the Applicant's most recently completed financial year, not more than 10% of the aggregate consolidated gross revenue of the Applicant, its affiliates and its affiliated partnerships (excluding the gross revenue of an affiliate or affiliated partnership of the Applicant if the affiliate or affiliated partnership is registered under securities legislation, commodities legislation or derivatives legislation in a jurisdiction of Canada) is derived from the portfolio management activities of the Applicant, its affiliates and its affiliated partnerships in Canada (which, for greater certainty, includes both securities-related and commodity-futures- related activities);
(f) before advising a Permitted Client with respect to Foreign Contracts, the Applicant notifies the Permitted Client of all of the following:
(i) the Applicant is not registered in the local jurisdiction to provide the advice described under paragraph (a) of this Order;
(ii) the foreign jurisdiction in which the Applicant's head office or principal place of business is located;
(iii) all or substantially all of the Applicant's assets may be situated outside of Canada;
(iv) there may be difficulty enforcing legal rights against the Applicant because of the above; and
(v) name and address of the Applicant's agent for service of process in Ontario;
(g) the Applicant has submitted to the Commission a completed submission to jurisdiction and appointment of agent for service in the form attached as Appendix “A”;
(h) the Applicant notifies the Commission of any regulatory action initiated after the date of this Order with respect to the Applicant or any predecessors or specified affiliates of the Applicant by completing and filing Appendix “B” within 10 days of the commencement of each such action; and
(i) the Applicant complies with the filing and fee payment requirements applicable to an unregistered exempt international firm under Ontario Securities Commission Rule 13-502 Fees.
October 4, 2013
“Judith Robertson” Commissioner Ontario Securities Commission
“Deborah Leckman” Commissioner Ontario Securities Commission
October 10, 2013 (2013) 36 OSCB 9780
Decisions, Orders and Rulings
APPENDIX “A”
SUBMISSION TO JURISDICTION AND APPOINTMENT OF AGENT FOR SERVICE
INTERNATIONAL DEALER OR INTERNATIONAL ADVISER EXEMPTED FROM REGISTRATION UNDER THE COMMODITY FUTURES ACT, ONTARIO
1. Name of person or company (“International Firm”):
2. If the International Firm was previously assigned an NRD number as a registered firm or an unregistered exempt international firm, provide the NRD number of the firm:
3. Jurisdiction of incorporation of the International Firm:
4. Head office address of the International Firm:
5. The name, e-mail address, phone number and fax number of the International Firm's individual(s) responsible for the supervisory procedure of the International Firm, its chief compliance officer, or equivalent.
Name:
E-mail address:
Phone:
Fax:
6. The International Firm is relying on an exemption order under section 38 or section 80 of the Commodity Futures Act (Ontario) that is similar to the following exemption in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (the “Relief Order”):
[ ] Section 8.18 [international dealer]
[ ] Section 8.26 [international adviser]
[ ] Other [specify]:
7. Name of agent for service of process (the “Agent for Service”):
8. Address for service of process on the Agent for Service:
9. The International Firm designates and appoints the Agent for Service at the address stated above as its agent upon whom may be served a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal or other proceeding (a “Proceeding”) arising out of or relating to or concerning the International Firm's activities in the local jurisdiction and irrevocably waives any right to raise as a defence in any such proceeding any alleged lack of jurisdiction to bring such Proceeding.
10. The International Firm irrevocably and unconditionally submits to the non-exclusive jurisdiction of the judicial, quasi- judicial and administrative tribunals of the local jurisdiction in any Proceeding arising out of or related to or concerning the International Firm's activities in the local jurisdiction.
11. Until 6 years after the International Firm ceases to rely on the Relief Order, the International Firm must submit to the regulator
a. a new Submission to Jurisdiction and Appointment of Agent for Service in this form no later than the 30th day before the date this Submission to Jurisdiction and Appointment of Agent for Service is terminated; and
b. an amended Submission to Jurisdiction and Appointment of Agent for Service no later than the 30th day before any change in the name or above address of the Agent for Service.
12. This Submission to Jurisdiction and Appointment of Agent for Service is governed by and construed in accordance with the laws of the local jurisdiction.
October 10, 2013 (2013) 36 OSCB 9781
Decisions, Orders and Rulings
Dated: ______
______(Signature of the International Firm or authorized signatory)
______(Name of signatory)
______(Title of signatory)
Acceptance
The undersigned accepts the appointment as Agent for Service of ______[Insert name of International Firm] under the terms and conditions of the foregoing Submission to Jurisdiction and Appointment of Agent for Service.
Dated: ______
______(Signature of the Agent for Service or authorized signatory)
______(Name of signatory)
______(Title of signatory)
This form is to be submitted to the following address:
Ontario Securities Commission Suite 1903, Box 55 20 Queen Street West Toronto, ON M5H 3S8 Attention: Senior Registration Supervisor, Portfolio Manager Team Telephone: (416) 593-8164 email: [email protected]
October 10, 2013 (2013) 36 OSCB 9782
Decisions, Orders and Rulings
APPENDIX B NOTICE OF REGULATORY ACTION
1. Has the firm, or any predecessors or specified affiliates1 of the firm entered into a settlement agreement with any financial services regulator, securities or derivatives exchange, SRO or similar agreement with any financial services regulator, securities or derivatives exchange, SRO or similar organization?
Yes _____ No _____
If yes, provide the following information for each settlement agreement:
Name of entity
Regulator/organization
Date of settlement (yyyy/mm/dd)
Details of settlement
Jurisdiction
2. Has any financial services regulator ,securities or derivatives exchange, SRO or similar organization:
Yes No
(a) Determined that the firm, or any predecessors or specified affiliates of the firm violated any securities regulations or any rules of a securities or derivatives exchange, SRO or similar organization?
(b) Determined that the firm, or any predecessors or specified affiliates of the firm made a false statement or omission?
(c) Issued a warning or requested an undertaking by the firm, or any predecessors or specified affiliates of the firm?
(d) Suspended or terminated any registration, licensing or membership of the firm, or any predecessors or specified affiliates of the firm?
(e) Imposed terms or conditions on any registration or membership of the firm, or predecessors or specified affiliates of the firm?
(f) Conducted a proceeding or investigation involving the firm, or any predecessors or specified affiliates of the firm?
(g) Issued an order (other than en exemption order) or a sanction to the firm, or any predecessors or specified affiliates of the firm for securities or derivatives-related activity (e.g. cease trade order)?
1 In this Appendix, the term “specified affiliate” has the meaning ascribed to that term in Form 33-109F6 to National Instrument 33-109 – Registration Information.
October 10, 2013 (2013) 36 OSCB 9783
Decisions, Orders and Rulings
If yes, provide the following information for each action:
Name of Entity
Type of Action
Regulator/organization
Date of action (yyyy/mm/dd) Reason for action
Jurisdiction
3. Is the firm aware of any ongoing investigation of which the firm or any of its specified affiliate is the subject?
Yes _____ No _____
If yes, provide the following information for each investigation:
Name of entity
Reason or purpose of investigation
Regulator/organization
Date investigation commenced (yyyy/mm/dd)
Jurisdiction
Name of firm
Name of firm’s authorized signing officer or partner
Title of firm’s authorized signing officer or partner
Signature
Date (yyyy/mm/dd)
October 10, 2013 (2013) 36 OSCB 9784
Decisions, Orders and Rulings
Witness
The witness must be a lawyer, notary public or commissioner of oaths.
Name of witness
Title of witness
Signature
Date (yyyy/mm/dd)
This form is to be submitted to the following address:
Ontario Securities Commission Suite 1903, Box 55 20 Queen Street West Toronto, ON M5H 3S8 Attention: Senior Registration Supervisor, Portfolio Manager Team Telephone: (416) 593-8164 email: [email protected]
October 10, 2013 (2013) 36 OSCB 9785
Decisions, Orders and Rulings
2.2.6 Alpha Trading Systems Limited Partnership et al. – s. 15.1 of NI 21-101 Marketplace Operation
Headnote
Section 15.1 of National Instrument 21-101 Marketplace Operation (NI 21-101) – exemption from the requirement in section 5.10 of NI 21-101 that a marketplace not release a marketplace participant’s order and trade information to a person or company other than a marketplace participant, a securities regulatory authority or a regulation services provider unless (i) the marketplace participant has consented in writing, (ii) the release of the order and trade information is required by applicable law or NI 21-101, or (iii) the order and trade information was disclosed by another person or company, and the disclosure was lawful. The exemption will allow marketplaces to provide order and trade data for bona fide capital markets research, subject to terms and conditions.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am. National Instrument 21-101 Marketplace Operation, s. 15.1.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED
AND
NATIONAL INSTRUMENT 21-101 MARKETPLACE OPERATION (“NI 21-101”)
AND
IN THE MATTER OF ALPHA TRADING SYSTEMS LIMITED PARTNERSHIP, ALPHA TRADING SYSTEMS INC., ALPHA MARKET SERVICES INC., ALPHA EXCHANGE INC., BLOOMBERG TRADEBOOK CANADA COMPANY, CANDEAL.CA INC, CHI-X CANADA ATS LIMITED, CNSX MARKETS INC., EQUILEND CANADA CORP., INSTINET CANADA CROSS LIMITED, LIQUIDNET CANADA INC., MARKETAXESS CANADA LIMITED, OMEGA SECURITIES INC., PERIMETER MARKETS INC., TMX GROUP INC., TSX INC., TMX SELECT INC., AND TRIACT CANADA MARKETPLACE LP (each a “Marketplace” and together the “Marketplaces”)
ORDER (Section 15.1 of NI 21-101)
WHEREAS an application has been made for an order pursuant to section 15.1 of NI 21-101 exempting the Marketplaces from section 5.10 of NI 21-101;
AND WHEREAS section 5.10 of NI 21-101 was amended as of July 1, 2012 (“2012 amendment”) to require that a marketplace not release a marketplace participant’s order and trade information (“order and trade information”) to a person or company other than the marketplace participant, a securities regulatory authority or a regulation services provider unless (i) the marketplace participant has consented in writing, (ii) the release of the order and trade information is required by applicable law or NI 21-101, or (iii) the order and trade information was disclosed by another person or company, and the disclosure was lawful;
October 10, 2013 (2013) 36 OSCB 9786
Decisions, Orders and Rulings
AND WHEREAS the 2012 amendment was not intended to prohibit any marketplace from providing order and trade information for the purposes of bona fide capital markets research;
AND WHEREAS the Director considers it to be in the public interest that capital markets research be conducted, subject to terms and conditions to ensure that the order and trade information is only used for the purpose for which it is provided and to protect the confidentiality of such order and trade information;
AND WHEREAS this order does not override any existing agreement with respect to providing a marketplace participant’s order and trade information between a Marketplace and:
(a) a marketplace participant; or
(b) a researcher where the terms of such agreement are consistent with the terms and conditions in this Order;
AND WHEREAS this order does not impose any obligation on a marketplace to disclose information on the request of a researcher,
IT IS HEREBY ORDERED by the Director that subsection 5.10(1) of NI 21-101 shall not apply to a Marketplace
PROVIDED THAT the Marketplace is in compliance with the following terms and conditions:
(a) the order and trade information is or has been provided to a person or company (“recipient”) solely for the purpose of bona fide capital markets research (“permitted purpose”), whether commissioned by the Marketplace or by any other person or entity;
(b) no information identifying a particular marketplace participant or its customers is provided directly or by inference, other than broker number and trader ID;
(c) the Marketplace has executed one or more agreements with each recipient and / or their employer(s) (each or together, the “Recipient”) that provides that:
(i) the Recipient must not disclose any information that could directly or by inference identify marketplace participants or their customers to any other person or company without the Marketplace’s consent;
(ii) despite paragraph (i), the Recipient may disclose order and trade information used in connection with research submitted to a journal or an academic publication provided that:
(A) the information disclosed is used for verification purposes only, and
(B) the journal or publication or any person involved in the verification of the research agrees to maintain the confidentiality of the information;
(iii) the Recipient may only publish or otherwise disseminate aggregated data or aggregated information that does not disclose directly or by inference information identifying a marketplace participant or any of its customers, or the business transactions, trading strategies or market positions of the marketplace participant or its customers;
(iv) the Recipient must not use the order and trade information or provide it to any person or company for any purpose other than the permitted purpose, including for the purposes of trading, advising others to trade, or reverse engineering trading strategies;
(v) the Recipient must keep the order and trade information securely stored at all times, including by encrypting files, logging access, and imposing restrictions on downloading, transferring or saving the order and trade information;
(vi) the order and trade information is only maintained for a reasonable period of time after the completion of the research and publication process;
(vii) the Recipient must immediately inform the Marketplace of any breach or potential breach of the agreement; and
(viii) the Marketplace must have appropriate remedies from the Recipient in the event of a breach of the agreement; and
October 10, 2013 (2013) 36 OSCB 9787
Decisions, Orders and Rulings
(d) the Marketplace must promptly inform the Commission and seek such remedies as it may determine are appropriate against the party or parties to the agreement referred to in paragraph (c) if it becomes aware of any breach or potential breach of the agreement.
DATED this 3rd day of October, 2013
“Susan Greenglass” Director, Market Regulation Ontario Securities Commission
October 10, 2013 (2013) 36 OSCB 9788
Decisions, Orders and Rulings
2.2.7 360 Trading Networks Inc. – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF 360 TRADING NETWORKS INC.
ORDER (Section 147 of the Act)
WHEREAS 360 Trading Networks Inc. (“360T”) has filed an application dated September 27, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting 360T from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS 360T has represented to the Commission that:
1.1 360T is a limited liability company organized under the laws of the State of Delaware and is a wholly-owned subsidiary of 360 Treasury Systems AG, a joint stock corporation established under the laws of the Federal Republic of Germany;
1.2 360T operates a swap execution facility that will initially trade non-deliverable forward contracts and options on approximately 140 currencies and that may trade other financial instruments in future;
1.3 360T’s swap execution facility is a fully automated trading system which provides a complete audit trail of requests for quotes, any responses to such requests and any resulting transactions, as well as a central limit order book through which participants may accept bids and offers made by other participants;
1.4 In the United States, 360T operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained temporary registration with the CFTC to operate a swap execution facility;
1.5 360T is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
1.6 360T has retained the National Futures Association as a regulatory services provider;
1.7 Because 360T regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.8 Because 360T has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
1.9 360T has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.10 360T intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
AND WHEREAS the products traded on 360T are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and 360T is not considered to be carrying on business as a commodity futures exchange in Ontario;
October 10, 2013 (2013) 36 OSCB 9789
Decisions, Orders and Rulings
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and 360T activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS 360T has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or 360T activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of 360T to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, 360T is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. 360T complies with the terms and conditions contained in Schedule “A.”; and
3. 360T shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9790
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of 360T
1. 360T will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. 360T will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. 360T will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. 360T must do everything within its control, which includes cooperating with the Commission as needed, to cause 360T to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. 360T will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. 360T may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, 360T will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. 360T will require Ontario Users to notify 360T if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, 360T will promptly restrict the Ontario User’s access to 360T if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. 360T must make available to Ontario Users appropriate training for each person who has access to trade on 360T’s facilities.
Trading by Ontario Users
10. 360T will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of 360T in Ontario, 360T will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. 360T will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of 360T activities in Ontario.
Disclosure
13. 360T will provide to its Ontario Users disclosure that states that:
(a) rights and remedies against 360T may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
October 10, 2013 (2013) 36 OSCB 9791
Decisions, Orders and Rulings
(b) the rules applicable to trading on 360T may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) 360T is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. 360T will promptly provide staff of the Commission copies of all rules of 360T, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. 360T will promptly provide staff of the Commission copies of all amendments to 360T’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. 360T will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. 360T will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of 360T;
(c) details of any material legal proceeding instituted against 360T;
(d) notification that 360T has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate 360T or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. 360T will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of 360T;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for 360T;
(b) any change in 360T regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby 360T is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, 360T by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to 360T that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of 360T participant known to 360T or its representatives that may have a material, adverse impact upon 360T, a clearing agency or any Ontario Participant.
October 10, 2013 (2013) 36 OSCB 9792
Decisions, Orders and Rulings
19. 360T will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding 360T once issued as final by the CFTC.
Quarterly Reporting
20. 360T will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by 360T, or, to the best of 360T knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on 360T;
(c) a list of all investigations by 360T relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to 360T during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on 360T conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. 360T will arrange to have the annual report and annual audited financial statements of 360T filed with the Commission promptly after their issuance.
22. 360T will arrange to have the annual “Service Organization Controls 1” report prepared for 360T filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. 360T will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9793
Decisions, Orders and Rulings
2.2.8 BGC Derivative Markets, L.P. – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF BGC DERIVATIVE MARKETS, L.P. (“BGCDM”)
ORDER (Section 147 of the Act)
WHEREAS BGC Derivative Markets, L.P. (“BGCDM”) has filed an application dated September 26, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting BGCDM from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS BGCDM has represented to the Commission that:
1.1 BGCDM is a subsidiary of BGC Partners, Inc. ("BGC"), a leading global brokerage company servicing the wholesale financial and real estate markets. On September 20, 2013, BGCDM received a temporary registration approval from the U.S. Commodity Futures Trading Commission (“CFTC”) to operate a Swap Execution Facility (“SEF”). BGCDM intends to offer trading of regulated swaps starting on October 2, 2013, consistent with the derivatives trading regulations under the Dodd-Frank Act.
1.2 BGCDM’s swap execution facility includes execution methodologies such as an anonymous Central Limit Order Book, a name-disclosed Request for Quote system, intra-day electronic auctions indications of interest and voice-managed orders for blocks and non-blocks;
1.3 In the United States, BGCDM operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained (temporary) registration with the CFTC to operate a swap execution facility (SEF);
1.4 BGCDM is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
1.5 BGCDM has retained the National Futures Association as regulation services provider;
1.6 Because BGCDM regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.7 Because BGCDM has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
1.8 BGCDM has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.9 BGCDM intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
October 10, 2013 (2013) 36 OSCB 9794
Decisions, Orders and Rulings
AND WHEREAS the products traded on BGCDM are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and BGCDM is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and BGCDM’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS BGCDM has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or BGCDM’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of BGCDM to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, BGCDM is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. BGCDM complies with the terms and conditions contained in Schedule “A.”; and
3. BGCDM shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9795
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of BGCDM
1. BGCDM will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. BGCDM will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. BGCDM will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. BGCDM must do everything within its control, which includes cooperating with the Commission as needed, to cause BGCDM to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. BGCDM will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. BGCDM may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, BGCDM will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or exempt from those requirements.
8. BGCDM will require Ontario Users to notify BGCDM if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, BGCDM will promptly restrict the Ontario User’s access to BGCDM if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. BGCDM must make available to Ontario Users appropriate training for each person who has access to trade on BGCDM’s facilities.
Trading by Ontario Users
10. BGCDM will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the United States CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of BGCDM in Ontario, BGCDM will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. BGCDM will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of BGCDM’s activities in Ontario.
Disclosure
13. BGCDM will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9796
Decisions, Orders and Rulings
(a) rights and remedies against BGCDM may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on BGCDM may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) BGCDM is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. BGCDM will promptly provide staff of the Commission copies of all rules of BGCDM, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. BGCDM will promptly provide staff of the Commission copies of all amendments to BGCDM’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. BGCDM will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. BGCDM will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of BGCDM;
(c) details of any material legal proceeding instituted against BGCDM;
(d) notification that BGCDM has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate BGCDM or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. BGCDM will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of BGCDM;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for BGCDM;
(b) any change in BGCDM regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby BGCDM is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, BGCDM by the CFTC or any other regulatory authority to which it is subject;
October 10, 2013 (2013) 36 OSCB 9797
Decisions, Orders and Rulings
(e) any matter known to BGCDM that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of BGCDM participant known to BGCDM or its representatives that may have a material, adverse impact upon BGCDM, a clearing agency or any Ontario Participant.
19. BGCDM will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding BGCDM once issued as final by the CFTC.
Quarterly Reporting
20. BGCDM will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by BGCDM, or, to the best of BGCDM’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on BGCDM;
(c) a list of all investigations by BGCDM relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to BGCDM during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on BGCDM conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. BGCDM will arrange to have the annual report and annual audited financial statements of BGCDM filed with the Commission promptly after their issuance.
22. BGCDM will arrange to have the annual “Service Organization Controls 1” report prepared for BGCDM filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. BGCDM will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9798
Decisions, Orders and Rulings
2.2.9 INFX SEF, Inc. – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF INFX SEF, INC.
ORDER (Section 147 of the Act)
WHEREAS INFX SEF, Inc. (INFX SEF) has filed an application dated September 27, 2013, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting INFX SEF from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS INFX SEF has represented to the Commission that:
1.1 INFX SEF, Inc. is a Delaware corporation that is a wholly owned subsidiary of Integral Development Corporation. INFX SEF offers non-deliverable forwards (NDFs) in the FX asset class that are classified as swaps under the Commodity Exchange Act (CEA). The INFX SEF trading platform is an RFQ system with an integrated order book functionality;
1.2 In the United States, INFX SEF operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained temporary registration with the CFTC to operate a swap execution facility (SEF);
1.3 INFX SEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
1.4 INFX SEF has retained National Futures Association as a regulatory services provider;
1.5 Because INFX SEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.6 Because INFX SEF has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
1.7 INFX SEF has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.8 INFX SEF intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
AND WHEREAS the products traded on INFX SEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and INFX SEF is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and INFX SEF’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule 'A” to this order;
October 10, 2013 (2013) 36 OSCB 9799
Decisions, Orders and Rulings
AND WHEREAS INFX SEF has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule 'A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or INFX SEF’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of INFX SEF to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, INFX SEF is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. INFX SEF complies with the terms and conditions contained in Schedule ”A.”; and
3. INFX SEF shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9800
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of INFX SEF
1. INFX SEF will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. INFX SEF will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. INFX SEF will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. INFX SEF must do everything within its control, which includes cooperating with the Commission as needed, to cause INFX SEF to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. INFX SEF will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. INFX SEF may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, INFX SEF will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. INFX SEF will require Ontario Users to notify INFX SEF if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, INFX SEF will promptly restrict the Ontario User’s access to INFX SEF if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. INFX SEF must make available to Ontario Users appropriate training for each person who has access to trade on INFX SEF’s facilities.
Trading by Ontario Users
10. INFX SEF will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of INFX SEF in Ontario, INFX SEF will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. INFX SEF will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of INFX SEF activities in Ontario.
Disclosure
13. INFX SEF will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9801
Decisions, Orders and Rulings
(a) rights and remedies against INFX SEF may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on INFX SEF may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) INFX SEF is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. INFX SEF will promptly provide staff of the Commission copies of all rules of INFX SEF, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. INFX SEF will promptly provide staff of the Commission copies of all amendments to INFX SEF’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. INFX SEF will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. INFX SEF will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of INFX SEF;
(c) details of any material legal proceeding instituted against INFX SEF;
(d) notification that INFX SEF has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate INFX SEF or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. INFX SEF will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of INFX SEF;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for INFX SEF;
(b) any change in INFX SEF regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby INFX SEF is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, INFX SEF by the CFTC or any other regulatory authority to which it is subject;
October 10, 2013 (2013) 36 OSCB 9802
Decisions, Orders and Rulings
(e) any matter known to INFX SEF that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of INFX SEF participant known to INFX SEF or its representatives that may have a material, adverse impact upon INFX SEF, a clearing agency or any Ontario Participant.
19. INFX SEF will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding INFX SEF once issued as final by the CFTC.
Quarterly Reporting
20. INFX SEF will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by INFX SEF, or, to the best of INFX SEF knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on INFX SEF;
(c) a list of all investigations by INFX SEF relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to INFX SEF during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on INFX SEF conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. INFX SEF will arrange to have the annual report and annual audited financial statements of INFX SEF filed with the Commission promptly after their issuance.
22. INFX SEF will arrange to have the annual “Service Organization Controls 1” report prepared for INFX SEF filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. INFX SEF will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9803
Decisions, Orders and Rulings
2.2.10 Javelin SEF, LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF JAVELIN SEF, LLC
ORDER (Section 147 of the Act)
WHEREAS Javelin SEF, LLC has filed an application dated September 26th, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting Javelin SEF, LLC from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS Javelin SEF, LLC has represented to the Commission that:
1.1 Javelin SEF, LLC is organized under the laws of the state of Delaware;
1.2 Javelin SEF, LLC is a swap trading platform offering Interest Rate swap transactions as a Swap Execution Facility;
1.3 Javelin’s swap trading platform offers both an anonymous limit order book and both anonymous and disclosed request- for-quote execution;
1.4 In the United States, Javelin SEF, LLC operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained (temporary) registration with the CFTC to operate a swap execution facility (SEF);
1.5 Javelin SEF, LLC is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace, and Javelin SEF, LLC will perform its own market surveillance using internal resources and third-party software;
1.6 Because Javelin SEF, LLC regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.7 Because Javelin SEF, LLC has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
1.8 Javelin SEF, LLC has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.9 Javelin SEF, LLC intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
AND WHEREAS the products traded on Javelin SEF, LLC are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and Javelin SEF, LLC is not considered to be carrying on business as a commodity futures exchange in Ontario;
October 10, 2013 (2013) 36 OSCB 9804
Decisions, Orders and Rulings
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and Javelin SEF, LLC’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS Javelin SEF, LLC has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or Javelin SEF, LLC’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of Javelin SEF, LLC to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, Javelin SEF, LLC is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. Javelin SEF, LLC complies with the terms and conditions contained in Schedule “A.”; and
3. Javelin SEF, LLC shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9805
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of Javelin SEF, LLC
1. Javelin SEF, LLC will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. Javelin SEF, LLC will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. Javelin SEF, LLC will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. Javelin SEF, LLC must do everything within its control, which includes cooperating with the Commission as needed, to cause Javelin SEF, LLC to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. Javelin SEF, LLC will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. Javelin SEF, LLC may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, Javelin SEF, LLC will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. Javelin SEF, LLC will require Ontario Users to notify Javelin SEF, LLC if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, Javelin SEF, LLC will promptly restrict the Ontario User’s access to Javelin SEF, LLC if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. Javelin SEF, LLC must make available to Ontario Users appropriate training for each person who has access to trade on Javelin SEF, LLC’s facilities.
Trading by Ontario Users
10. Javelin SEF, LLC will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11 With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of Javelin SEF, LLC in Ontario, Javelin SEF, LLC will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. Javelin SEF, LLC will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of Javelin SEF, LLC’s activities in Ontario.
Disclosure
13. Javelin SEF, LLC will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9806
Decisions, Orders and Rulings
(a) rights and remedies against Javelin SEF, LLC may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on Javelin SEF, LLC may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) Javelin SEF, LLC is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. Javelin SEF, LLC will promptly provide staff of the Commission copies of all rules of Javelin SEF, LLC, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. Javelin SEF, LLC will promptly provide staff of the Commission copies of all amendments to Javelin SEF, LLC’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. Javelin SEF, LLC will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. Javelin SEF, LLC will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of Javelin SEF, LLC;
(c) details of any material legal proceeding instituted against Javelin SEF, LLC;
(d) notification that Javelin SEF, LLC has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate Javelin SEF, LLC or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. Javelin SEF, LLC will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of Javelin SEF, LLC;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for Javelin SEF, LLC;
(b) any change in Javelin SEF, LLC regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby Javelin SEF, LLC is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, Javelin SEF, LLC by the CFTC or any other regulatory authority to which it is subject;
October 10, 2013 (2013) 36 OSCB 9807
Decisions, Orders and Rulings
(e) any matter known to Javelin SEF, LLC that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of Javelin SEF, LLC participant known to Javelin SEF, LLC or its representatives that may have a material, adverse impact upon Javelin SEF, LLC, a clearing agency or any Ontario Participant.
19. Javelin SEF, LLC will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding Javelin SEF, LLC once issued as final by the CFTC.
Quarterly Reporting
20. Javelin SEF, LLC will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by Javelin SEF, LLC, or, to the best of Javelin SEF, LLC’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on Javelin SEF, LLC;
(c) a list of all investigations by Javelin SEF, LLC relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to Javelin SEF, LLC during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on Javelin SEF, LLC conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. Javelin SEF, LLC will arrange to have the annual report and annual audited financial statements of Javelin SEF, LLC filed with the Commission promptly after their issuance.
22. Javelin SEF, LLC will arrange to have the annual “Service Organization Controls 1” report prepared for Javelin SEF, LLC filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. Javelin SEF, LLC will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9808
Decisions, Orders and Rulings
2.2.11 Bloomberg SEF LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF BLOOMBERG SEF LLC
ORDER (Section 147 of the Act)
WHEREAS Bloomberg SEF LLC (the Applicant) has filed an application dated August 29, 2013 (Application) with the Ontario Securities Commission (Commission) pursuant to section 147 of the Act requesting an interim order exempting the Applicant from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Order);
AND WHEREAS the Applicant has represented to the Commission that:
1. The Applicant is a limited liability company organized under the laws of the State of Delaware in the United States (US) and is a wholly owned subsidiary of Bloomberg L.P., a Delaware limited partnership;
2. On July 30, 2013, the U.S. Commodity Futures Trading Commission (the CFTC), a U.S. federal regulatory agency, granted the Applicant temporary registration to operate a swap execution facility (SEF). The Applicant intends to launch its SEF on October 2, 2013, the mandatory compliance date under the relevant CFTC regulation;
3. The Applicant will be a marketplace for trading swaps. The Applicant’s SEF will support requestǦforǦquote and order book functionality for interest rate, credit default, foreign exchange and commodity swaps trading;
4. The Applicant is subject to regulatory supervision by the CFTC; the U.S. Commodity Exchange Act (the CEA) requires a SEF to register with the CFTC and to comply with applicable CFTC regulations, including the CFTC's SEF Core Principles. SEFs are required to have a rulebook and a compliance program, including a Chief Compliance Officer and a compliance manual. A SEF's participant access criteria must be impartial and transparent and must be applied in a fair and non-discriminatory manner. The CFTC requires each SEF to have certain required trading protocols. A SEF must publish on its website certain daily trading data for each swap contract listed on the SEF and must report all transactions executed on the SEF to a swap data repository. The CFTC reviews, assesses and enforces a SEF's adherence to CFTC regulations on an ongoing basis;
5. A SEF is a self-regulatory organization under CFTC rules. A SEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace. The Applicant has contracted with the U.S. National Futures Association (the NFA) for the NFA to conduct market surveillance of its SEF trades;
6. Fees for SEF services must be equitable and established in a uniform and non-discriminatory manner. A SEF must submit audited financial statements to the CFTC and maintain adequate financial resources to cover its operating costs;
7. A SEF must submit all trades in swaps that are required to be cleared to a clearing house for clearing. The Applicant will provide direct connectivity to the following clearing houses: CME Clearing, Ice Clear Credit and LCH.Clearnet, each of which has obtained an exemption or interim exemption from recognition as a clearing agency in Ontario;
October 10, 2013 (2013) 36 OSCB 9809
Decisions, Orders and Rulings
8. The Applicant requires that its participants be “eligible contract participants,” as defined in section 1a(18) of the CEA (ECPs), be either a clearing member of a clearing house or have a relationship with a clearing member for swaps traded via the order book functionality and required to be cleared; of good reputation and business integrity; and have execution agreements with all prospective counterparties for swaps traded via the request-for-quote functionality, or for swaps that are not cleared, among other requirements designed to ensure the financial integrity of the Applicant. Participants are required to notify the Applicant when there are material changes to the participant’s finances or in an instance of bankruptcy or insolvency;
9. The Applicant proposes to offer direct electronic access to trading on its SEF to prospective participants that are located in Ontario (Ontario Participants) and that satisfy the criteria in paragraph 8 above;
10. The Applicant expects that Ontario Participants will include Canadian financial institutions, registered dealers and advisers, government entities, pension funds and other well capitalized non-regulated entities that satisfy the criteria for an ECP;
11. Because the SEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
12. Since the Applicant seeks to provide Ontario Participants with direct, electronic access to trading swaps, it is considered by the Commission to be “carrying on business as an exchange” in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
13. The Applicant has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described herein;
14. The Applicant intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange under section 147 of the Act (Subsequent Order).
AND WHEREAS the products traded on the Applicant’s SEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and the Applicant is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and the Applicant’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS the Applicant has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or the Applicant’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of the Applicant to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, the Applicant is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order shall terminate on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. The Applicant complies with the terms and conditions contained in Schedule “A”; and
3. The Applicant shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1, 2013
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9810
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of the Applicant
1. the Applicant will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. the Applicant will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. the Applicant will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. the Applicant must do everything within its control, which includes cooperating with the Commission as needed, to cause the Applicant to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. the Applicant will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. the Applicant may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, the Applicant will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. the Applicant will require Ontario Users to notify the Applicant if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, the Applicant will promptly restrict the Ontario User’s access to the Applicant if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. the Applicant must make available to Ontario Users appropriate training for each person who has access to trade on the Applicant’s facilities.
Trading by Ontario Users
10. the Applicant will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of the Applicant in Ontario, the Applicant will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. the Applicant will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of the Applicant’s activities in Ontario.
Disclosure
13. the Applicant will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9811
Decisions, Orders and Rulings
(a) rights and remedies against the Applicant may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on the Applicant may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) the Applicant is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. the Applicant will promptly provide staff of the Commission copies of all rules of the Applicant, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. the Applicant will promptly provide staff of the Commission copies of all amendments to Applicant’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. the Applicant will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. the Applicant will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of the Applicant;
(c) details of any material legal proceeding instituted against the Applicant;
(d) notification that the Applicant has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate the Applicant or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. the Applicant will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of the Applicant;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for the Applicant;
(b) any change in the Applicant regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby the Applicant is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, the Applicant by the CFTC or any other regulatory authority to which it is subject;
October 10, 2013 (2013) 36 OSCB 9812
Decisions, Orders and Rulings
(e) any matter known to the Applicant that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of the Applicant participant known to the Applicant or its representatives that may have a material, adverse impact upon the Applicant, a clearing agency or any Ontario Participant.
19. the Applicant will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding the Applicant once issued as final by the CFTC.
Quarterly Reporting
20. the Applicant will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by the Applicant, or, to the best of Applicant’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on the Applicant;
(c) a list of all investigations by the Applicant relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to the Applicant during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on the Applicant conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. the Applicant will arrange to have the annual report and annual audited financial statements of the Applicant filed with the Commission promptly after their issuance.
22. the Applicant will arrange to have the annual “Service Organization Controls 1” report prepared for the Applicant filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. the Applicant will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9813
Decisions, Orders and Rulings
2.2.12 GFI Swaps Exchange LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF GFI SWAPS EXCHANGE LLC
ORDER (Section 147 of the Act)
WHEREAS GFI Swaps Exchange LLC (“GFI”) has filed an application dated September 25, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting GFI from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS GFI has represented to the Commission that:
1.1 GFI is a limited liability company organized under the laws of the State of Delaware and is an indirect wholly-owned subsidiary of GFI Group Inc., a Delaware corporation;
1.2 GFI operates a swap execution facility that initially will trade interest rate swaps, energy swaps, credit default swaps and foreign exchange swaps and options and that may trade additional financial instruments in the future;
1.3 GFI’s swap execution facility offers a central limit order book where orders are executed on price/time priority and a request for quote functionality pursuant to which participants may transmit a request for a quote to buy or sell a specific swap to other participants;
1.4 In the United States, GFI operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained temporary registration with the CFTC to operate a swap execution facility;
1.5 GFI is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
1.6 GFI has retained the National Futures Association to be a regulation services provider;
1.7 Because GFI regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.8 Because GFI has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
1.9 GFI has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.10 GFI intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
AND WHEREAS the products traded on GFI are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and GFI is not considered to be carrying on business as a commodity futures exchange in Ontario;
October 10, 2013 (2013) 36 OSCB 9814
Decisions, Orders and Rulings
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and GFI activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS GFI has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or GFI activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of GFI to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, GFI is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. GFI complies with the terms and conditions contained in Schedule “A.”; and
3. GFI shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“James E. A. Turner”
“Mary G. Condon”
October 10, 2013 (2013) 36 OSCB 9815
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of GFI
1. GFI will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. GFI will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. GFI will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. GFI must do everything within its control, which includes cooperating with the Commission as needed, to cause GFI to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. GFI will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. GFI may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, GFI will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. GFI will require Ontario Users to notify GFI if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, GFI will promptly restrict the Ontario User’s access to GFI if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. GFI must make available to Ontario Users appropriate training for each person who has access to trade on GFI’s facilities.
Trading by Ontario Users
10. GFI will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of GFI in Ontario, GFI will submit to the non- exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. GFI will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of GFI activities in Ontario.
Disclosure
13. GFI will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9816
Decisions, Orders and Rulings
(a) rights and remedies against GFI may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on GFI may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) GFI is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. GFI will promptly provide staff of the Commission copies of all rules of GFI, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. GFI will promptly provide staff of the Commission copies of all amendments to GFI’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. GFI will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. GFI will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of GFI;
(c) details of any material legal proceeding instituted against GFI;
(d) notification that GFI has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate GFI or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. GFI will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of GFI;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for GFI;
(b) any change in GFI regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby GFI is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, GFI by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to GFI that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
October 10, 2013 (2013) 36 OSCB 9817
Decisions, Orders and Rulings
(f) any default, insolvency, or bankruptcy of GFI participant known to GFI or its representatives that may have a material, adverse impact upon GFI, a clearing agency or any Ontario Participant.
19. GFI will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding GFI once issued as final by the CFTC.
Quarterly Reporting
20. GFI will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by GFI, or, to the best of GFI knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on GFI;
(c) a list of all investigations by GFI relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to GFI during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on GFI conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. GFI will arrange to have the annual report and annual audited financial statements of GFI filed with the Commission promptly after their issuance.
22. GFI will arrange to have the annual “Service Organization Controls 1” report prepared for GFI filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. GFI will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9818
Decisions, Orders and Rulings
2.2.13 ICAP SEF (US) LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S. 5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF ICAP SEF (US) LLC
ORDER (Section 147 of the Act)
WHEREAS ICAP SEF (US) LLC (the Applicant) has filed an application dated September 16, 2013 (Application) with the Ontario Securities Commission (Commission) pursuant to section 147 of the Act requesting an interim order exempting the Applicant from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Order);
AND WHEREAS the Applicant has represented to the Commission that:
1. The Applicant is a limited liability company organized under the laws of the State of Delaware in the United States (U.S.) and is a wholly owned subsidiary of ICAP Broking Holdings North America LLC. The ultimate parent company of the Applicant is ICAP plc, a company listed on the London Stock Exchange;
2. On September 27, 2013, the U.S. Commodity Futures Trading Commission (the CFTC), a U.S. federal regulatory agency, granted the Applicant temporary registration to operate a swap execution facility (SEF) in the U.S. The Applicant intends to launch its SEF on October 2, 2013, the mandatory compliance date under the relevant CFTC regulation;
3. The Applicant will be a marketplace for trading swaps that are regulated by the CFTC. The Applicant currently intends to be a multi-asset SEF offering trading in interest rate swaps, credit indices, non-deliverable forward FX, commodities and equity derivatives. It is expected that swaps that require clearing will be cleared at the Chicago Mercantile Exchange, Ice Clear Credit US and UK and LCH.Clearnet US and UK;
4. The Applicant will require its participants, including any participants located in Ontario, to qualify as “eligible contract participants” (ECP), as defined in section 1a(18) of the U.S. Commodity Exchange Act (the CEA). Also, participants must either be a clearing member of one of the clearing houses mentioned in paragraph 3 above or have a relationship with a registered futures commission merchant who is a clearing member of one those clearing houses. At the time of launch, it is expected that most SEF participants will be banks, registered dealers and advisers and other large financial institutions. However, a SEF must offer impartial access; for example, a pension fund or hedge fund that meets the ECP definition and has an acceptable clearing arrangement in place could be a member of the SEF;
5. The Applicant is subject to regulatory supervision by the CFTC. The CEA requires a SEF to register with the CFTC and to comply with applicable CFTC regulations, including the CFTC's SEF Core Principles. SEFs are required to have a rulebook and a compliance program, including a Chief Compliance Officer and a compliance manual. A SEF's participant access criteria must be impartial and transparent and must be applied in a fair and non-discriminatory manner. The CFTC requires each SEF to have certain required trading protocols. A SEF must publish on its website certain daily trading data for each swap contract listed on the SEF and must report all transactions executed on the SEF to a swap data repository. The CFTC reviews, assesses and enforces a SEF's adherence to CFTC regulations on an ongoing basis;
October 10, 2013 (2013) 36 OSCB 9819
Decisions, Orders and Rulings
6. A SEF is a self-regulatory organization under CFTC rules. A SEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace. The Applicant has contracted with the U.S. National Futures Association (the NFA) for the NFA to conduct market surveillance of its SEF trades pursuant to a Regulatory Services Agreement;
7. Fees for SEF services must be equitable and established in a uniform and non-discriminatory manner. A SEF must submit audited financial statements to the CFTC and maintain adequate financial resources to cover its operating costs for a period of at least one year, calculated on a rolling basis;
8. The Applicant proposes to offer direct access to trading on its SEF to prospective participants that are located in Ontario (Ontario Participants) and that satisfy the criteria in paragraph 4 above;
9. The Applicant expects that Ontario Participants will include Canadian financial institutions, registered dealers and advisers, government entities, pension funds and other well capitalized non-regulated entities that satisfy the criteria for an ECP;
10. Because the SEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
11. Since the Applicant seeks to provide Ontario Participants with direct access to trading derivatives, it is considered by the Commission to be “carrying on business as an exchange” in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
12. The Applicant has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described herein;
13. The Applicant intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange under section 147 of the Act (Subsequent Order).
AND WHEREAS the products traded on the Applicant’s SEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and the Applicant is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and the Applicant’s activities on an ongoing basis to determine whether it is appropriate for the Order to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS the Applicant has acknowledged to the Commission that the scope of the Order and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or the Applicant’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of the Applicant to the Commission, the Commission has determined that the granting of the Order would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, the Applicant is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order shall terminate on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. The Applicant complies with the terms and conditions contained in Schedule “A”; and
3. The Applicant shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9820
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of the Applicant
1. the Applicant will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. the Applicant will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. the Applicant will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. the Applicant must do everything within its control, which includes cooperating with the Commission as needed, to cause the Applicant to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. the Applicant will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. the Applicant may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, the Applicant will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. the Applicant will require Ontario Users to notify the Applicant if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, the Applicant will promptly restrict the Ontario User’s access to the Applicant if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. the Applicant must make available to Ontario Users appropriate training for each person who has access to trade on the Applicant’s facilities.
Trading by Ontario Users
10. the Applicant will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of the Applicant in Ontario, the Applicant will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. the Applicant will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of the Applicant’s activities in Ontario.
Disclosure
13. the Applicant will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9821
Decisions, Orders and Rulings
(a) rights and remedies against the Applicant may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on the Applicant may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) the Applicant is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. the Applicant will promptly provide staff of the Commission copies of all rules of the Applicant, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. the Applicant will promptly provide staff of the Commission copies of all amendments to Applicant’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. the Applicant will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. the Applicant will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of the Applicant;
(c) details of any material legal proceeding instituted against the Applicant;
(d) notification that the Applicant has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate the Applicant or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. the Applicant will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of the Applicant;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for the Applicant;
(b) any change in the Applicant regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby the Applicant is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, the Applicant by the CFTC or any other regulatory authority to which it is subject;
October 10, 2013 (2013) 36 OSCB 9822
Decisions, Orders and Rulings
(e) any matter known to the Applicant that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of the Applicant participant known to the Applicant or its representatives that may have a material, adverse impact upon the Applicant, a clearing agency or any Ontario Participant.
19. the Applicant will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding the Applicant once issued as final by the CFTC.
Quarterly Reporting
20. the Applicant will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by the Applicant, or, to the best of Applicant’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on the Applicant;
(c) a list of all investigations by the Applicant relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to the Applicant during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on the Applicant conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. the Applicant will arrange to have the annual report and annual audited financial statements of the Applicant filed with the Commission promptly after their issuance.
22. the Applicant will arrange to have the annual “Service Organization Controls 1” report prepared for the Applicant filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. the Applicant will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9823
Decisions, Orders and Rulings
2.2.14 TeraExchange, LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF TERAEXCHANGE, LLC
ORDER (Section 147 of the Act)
WHEREAS TeraExchange, LLC (Applicant) has filed an application dated September 20, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting Applicant from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS Applicant has represented to the Commission that:
1.1 Applicant is organized as a limited liability company under the laws of the State of Delaware and is a wholly-owned subsidiary of Tera Group Inc., a corporation organized under the laws of the State of Delaware;
1.2 Applicant operates an electronic trading facility for swaps and certain other clearable derivatives, including interest rate swaps, credit default swap indices and foreign exchange derivatives consisting of cash-settled forward and non- deliverable forwards;
1.3 Applicant’s core electronic trading facility consists of a central limit order book for participants to enter live, executable orders on an anonymous basis;
1.4 In the United States, Applicant operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained temporary registration with the CFTC to operate a swap execution facility (SEF);
1.5 Applicant is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
1.6 Applicant has retained the National Futures Association as regulatory services provider;
1.7 Because Applicant regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.8 If Applicant has participants located in Ontario, it will be considered by the Commission to be carrying on business as an exchange in Ontario and will be required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
1.9 Applicant has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.10 Applicant intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
October 10, 2013 (2013) 36 OSCB 9824
Decisions, Orders and Rulings
AND WHEREAS the products traded on Applicant are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and Applicant is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and Applicant’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS Applicant has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or Applicant’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of Applicant to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, Applicant is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. Applicant complies with the terms and conditions contained in Schedule “A” and
3. Applicant files a full application to the Commission for the Subsequent Order by January 31, 2014
DATED October 1st, 2013.
“James E. A. Turner”
“Mary G. Condon”
October 10, 2013 (2013) 36 OSCB 9825
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of Applicant
1. Applicant will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. Applicant will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. Applicant will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. Applicant must do everything within its control, which includes cooperating with the Commission as needed, to cause Applicant to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. Applicant will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. Applicant may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, Applicant will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. Applicant will require Ontario Users to notify Applicant if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, Applicant will promptly restrict the Ontario User’s access to Applicant if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. Applicant must make available to Ontario Users appropriate training for each person who has access to trade on Applicant’s facilities.
Trading by Ontario Users
10. Applicant will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of Applicant in Ontario, Applicant will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. Applicant will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of Applicant’s activities in Ontario.
Disclosure
13. Applicant will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9826
Decisions, Orders and Rulings
(a) rights and remedies against Applicant may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on Applicant may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) Applicant is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. Applicant will promptly provide staff of the Commission copies of all rules of Applicant, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. Applicant will promptly provide staff of the Commission copies of all amendments to Applicant’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. Applicant will promptly provide to the Commission copies of all product specifications and amended product specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. Applicant will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of Applicant;
(c) details of any material legal proceeding instituted against Applicant;
(d) notification that Applicant has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate Applicant or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. Applicant will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of Applicant;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for Applicant;
(b) any change in Applicant regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby Applicant is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, Applicant by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to Applicant that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
October 10, 2013 (2013) 36 OSCB 9827
Decisions, Orders and Rulings
(f) any default, insolvency, or bankruptcy of Applicant participant known to Applicant or its representatives that may have a material, adverse impact upon Applicant, a clearing agency or any Ontario Participant.
19. Applicant will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding Applicant once issued as final by the CFTC.
Quarterly Reporting
20. Applicant will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by Applicant, or, to the best of Applicant’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on Applicant;
(c) a list of all investigations by Applicant relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to Applicant during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on Applicant conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. Applicant will arrange to have the annual report and annual audited financial statements of Applicant filed with the Commission promptly after their issuance.
22 Applicant will arrange to have the annual “Service Organization Controls 1” report prepared for Applicant filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. Applicant will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9828
Decisions, Orders and Rulings
2.2.15 ICE SWAP TRADE, LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF ICE SWAP TRADE, LLC
ORDER (Section 147 of the Act)
WHEREAS ICE SWAP TRADE LLC (the Applicant) has filed an application dated September 19, 2013 (Application) with the Ontario Securities Commission (Commission) pursuant to section 147 of the Act requesting an interim order exempting the Applicant from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Order);
AND WHEREAS the Applicant has represented to the Commission that:
1. The Applicant is a limited liability company organized under the laws of the State of Delaware in the United States (U.S.) and is a wholly owned subsidiary of IntercontinentalExchange Inc., a company listed on the New York Stock Exchange;
2. On September 20, 2013, the U.S. Commodity Futures Trading Commission (the CFTC), a U.S. federal regulatory agency, granted the Applicant temporary registration to operate a swap execution facility (SEF) in the U.S. The Applicant intends to launch its SEF on September 30, 2013;
3. The Applicant’s SEF will be a marketplace for trading swaps that are regulated by the CFTC. The Applicant currently intends to offer trading in commodity swaps and in index and single name credit default swaps. The Applicant’s SEF will enable participants to engage in swap transactions through an order book and will also enable participants to engage in swap transactions through a request for quote system.
4. Swaps that require clearing will initially be cleared at ICE Clear Credit, LLC or ICE Clear Europe Limited. Both clearing houses are registered as derivatives clearing organizations with the CFTC. ICE Clear Credit, LLC operates under an exemption from recognition as a clearing agency in Ontario and ICE Clear Europe Limited is a recognized clearing house under the U.K. Financial Services and Markets Act 2000 and is regulated by the Bank of England;
5. The Applicant will require its participants, including any participants located in Ontario, to qualify as “eligible contract participants” (ECP), as defined in section 1a(18) of the U.S. Commodity Exchange Act (the CEA). Also, participants must either be a clearing member of one of the clearing houses mentioned in paragraph 4 above or have a relationship with a registered futures commission merchant who is a clearing member of one those clearing houses. At the time of launch, it is expected that most SEF participants will be banks, registered dealers and advisers and other large financial institutions. However, any entity that meets the ECP definition and has an acceptable clearing arrangement in place could be a member of the SEF;
6. The Applicant is subject to regulatory supervision by the CFTC. The CEA requires a SEF to register with the CFTC and to comply with fifteen “Core Principles”. The CFTC has adopted comprehensive regulations addressing specific requirements for compliance with the fifteen Core Principles. Among other things, the Core Principles and CFTC Regulations require SEFs to have a rulebook and a compliance program, including a Chief Compliance Officer and a compliance manual. A SEF's participant access criteria must be impartial and transparent and must be applied in a fair and non-discriminatory manner. The CFTC requires each SEF to have certain required trading protocols. A SEF must
October 10, 2013 (2013) 36 OSCB 9829
Decisions, Orders and Rulings
publish on its website certain daily trading data for each swap contract listed on the SEF and must report all transactions executed on the SEF to a swap data repository. The CFTC reviews, assesses and enforces a SEF's adherence to CFTC regulations on an ongoing basis;
7. A SEF is a self-regulatory organization under CFTC rules. A SEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace. The Applicant has contracted with ICE Futures U.S. to provide market surveillance and regulatory services for trades in commodity swaps pursuant to a Regulatory Services Agreement;
8 .Fees for SEF services must be equitable and established in a uniform and non-discriminatory manner. A SEF must submit audited financial statements to the CFTC and maintain adequate financial resources to cover its operating costs for a period of at least one year, calculated on a rolling basis;
9. The Applicant proposes to offer direct access to trading on its SEF to prospective participants that are located in Ontario (Ontario Participants) and that satisfy the Applicant’s participant criteria, as described in paragraph 5 above;
10. The Applicant expects that Ontario Participants will include Canadian financial institutions, registered dealers and advisers, government entities, pension funds and other well capitalized non-regulated entities that satisfy the criteria for an ECP;
11. Because the SEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
12. The Applicant seeks to provide Ontario Participants with direct access to trading derivatives. Therefore, it is considered by the Commission to be “carrying on business as an exchange” in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
13. The Applicant has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described herein;
14. The Applicant intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange under section 147 of the Act (Subsequent Order).
AND WHEREAS the products traded on the Applicant’s SEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and the Applicant is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and the Applicant’s activities on an ongoing basis to determine whether it is appropriate for the Order to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS the Applicant has acknowledged to the Commission that the scope of the Order and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or the Applicant’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of the Applicant to the Commission, the Commission has determined that the granting of the Order would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, the Applicant is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order shall terminate on the earlier of (i) September 30, 2014 and (ii) the effective date of the Subsequent Order;
2. The Applicant complies with the terms and conditions contained in Schedule “A”; and
3. The Applicant shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013
October 10, 2013 (2013) 36 OSCB 9830
Decisions, Orders and Rulings
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9831
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of the Applicant
1. the Applicant will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. the Applicant will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. the Applicant will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. the Applicant must do everything within its control, which includes cooperating with the Commission as needed, to cause the Applicant to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. the Applicant will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. the Applicant may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, the Applicant will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. the Applicant will require Ontario Users to notify the Applicant if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, the Applicant will promptly restrict the Ontario User’s access to the Applicant if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. the Applicant must make available to Ontario Users appropriate training for each person who has access to trade on the Applicant’s facilities.
Trading by Ontario Users
10. the Applicant will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of the Applicant in Ontario, the Applicant will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. the Applicant will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of the Applicant’s activities in Ontario.
Disclosure
13. the Applicant will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9832
Decisions, Orders and Rulings
(a) rights and remedies against the Applicant may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on the Applicant may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) the Applicant is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. the Applicant will promptly provide staff of the Commission copies of all rules of the Applicant, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval of rules.
15. the Applicant will promptly provide staff of the Commission copies of all amendments to Applicant’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. the Applicant will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval of product specifications.
17. the Applicant will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Chief Compliance Officer report regarding the Applicant’s compliance with the CEA and CFTC regulations adopted thereunder;
(b) the annual unaudited financial statements of the Applicant;
(c) details of any material legal proceeding instituted against the Applicant;
(d) notification that the Applicant has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate the Applicant or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. the Applicant will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of the Applicant;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for the Applicant;
(b) any change in the Applicant regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby the Applicant is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, the Applicant by the CFTC or any other regulatory authority to which it is subject;
October 10, 2013 (2013) 36 OSCB 9833
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(e) any matter known to the Applicant that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of the Applicant participant known to the Applicant or its representatives that may have a material, adverse impact upon the Applicant, a clearing agency or any Ontario Participant.
19. the Applicant will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding the Applicant once issued as final by the CFTC.
Quarterly Reporting
20. the Applicant will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by the Applicant, or, to the best of Applicant’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on the Applicant;
(c) a list of all investigations by the Applicant relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to the Applicant during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on the Applicant conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. the Applicant will arrange to have the annual report and annual audited financial statements of the Applicant filed with the Commission promptly after their issuance.
22. the Applicant will arrange to have the annual “Service Organization Controls 1” report prepared for the Applicant filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. the Applicant will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9834
Decisions, Orders and Rulings
2.2.16 Thomson Reuters (SEF) LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S. 5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF THOMSON REUTERS (SEF) LLC
ORDER (Section 147 of the Act)
WHEREAS Thomson Reuters (SEF) LLC (TR SEF) has filed an application dated September 16, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting TR SEF from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS TR SEF has represented to the Commission that:
1.1 TR SEF is an indirect wholly-owned subsidiary of Thomson Reuters Corporation. TR SEF was established to provide an appropriate SEF platform for the execution of foreign exchange non-deliverable forwards (“NDFs”) and foreign exchange options, two kinds of instruments that are classified as swaps under Title VII of the Dodd-Frank Act (the “DFA”), and are subject to the requirement of trading on a registered SEF.
1.2 TR SEF’s trading platform contains an SEF Central Limit Order Book, an SEF Request for Quote Platform and an SEF Request for Stream Platform.
1.3 Assuming the requested relief is granted, TR SEF will be available to Ontario participants on October 2, 2013, the date on which TR SEF will become a recognized SEF with respect to foreign exchange NDF trades and foreign exchange option trades that are executed by eligible contract participants (“Participants”) covered by the DFA. TR SEF will offer both order book and RFQ/RFS functionality for these instruments by using the FX Alliance (“FXall”) system. FXall and TR SEF are sister companies.
1.4 In the United States, TR SEF operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and has obtained temporary registration with the CFTC to operate a swap execution facility (SEF);
1.5 TR SEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace and has retained the National Futures Association as a regulation services provider;
1.6 TR SEF has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.7 TR SEF intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
AND WHEREAS because TR SEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
AND WHEREAS because TR SEF has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
October 10, 2013 (2013) 36 OSCB 9835
Decisions, Orders and Rulings
AND WHEREAS the products traded on TR SEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and TR SEF is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and TR SEF’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS TR SEF has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or TR SEF’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of TR SEF to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, TR SEF is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. TR SEF complies with the terms and conditions contained in Schedule “A”; and
3. TR SEF shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9836
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of TR SEF
1. TR SEF will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. TR SEF will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. TR SEF will notify the Commission if its registration as a SEF has been revoked, suspended or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. TR SEF will do everything within its control, including cooperating with the Commission as needed, to carry out in compliance with Ontario Securities laws, its activities as an exchange exempted by order from recognition under subsection 21(1) of the Act.
Access
5. TR SEF will not provide direct access to a participant in Ontario (“Ontario User”) unless the Ontario User is appropriately registered as applicable under Ontario securities law or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (“CEA”).
6 TR SEF may rely, acting reasonably, on a written representation from the Ontario User that specifies that it is appropriately registered as applicable under Ontario securities law or is exempt from or not subject to those requirements and qualifies as an eligible contract participant under the CEA.
7 For each Ontario User provided direct access to its SEF, TR SEF will require as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities law or is exempt from or not subject to those requirements and qualifies as an eligible contract participant under the CEA.
8 TR SEF will require Ontario Users to notify TR SEF if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, TR SEF will promptly restrict the Ontario User’s access to TR SEF if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. TR SEF must make available to Ontario Users appropriate training for each person who has access to trade on TR SEF’s facilities.
Trading by Ontario Users
10. TR SEF will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11 With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of TR SEF in Ontario, TR SEF will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12 TR SEF will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of TR SEF’s activities in Ontario.
Disclosure
13. TR SEF will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9837
Decisions, Orders and Rulings
(a) rights and remedies against TR SEF may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on TR SEF may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) TR SEF is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. TR SEF will promptly provide staff of the Commission copies of all rules of TR SEF, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. TR SEF will promptly provide staff of the Commission copies of all amendments to TR SEF’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. TR SEF will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. TR SEF will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of TR SEF;
(c) details of any material legal proceeding instituted against TR SEF;
(d) notification that TR SEF has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate TR SEF or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. TR SEF will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of TR SEF;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for TR SEF;
(b) any change in TR SEF regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby TR SEF is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, TR SEF by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to TR SEF that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
October 10, 2013 (2013) 36 OSCB 9838
Decisions, Orders and Rulings
(f) any default, insolvency, or bankruptcy of TR SEF participant known to TR SEF or its representatives that may have a material, adverse impact uponTR SEF, a clearing agency or any Ontario Participant.
19. TR SEF will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding TR SEF once issued as final by the CFTC.
Quarterly Reporting
20. TR SEF will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by TR SEF, or, to the best of TR SEF’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on TR SEF;
(c) a list of all investigations by TR SEF relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to TR SEF during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on TR SEF conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21 TR SEF will arrange to have the annual report and annual audited financial statements of TR SEF filed with the Commission promptly after their issuance.
22. TR SEF will arrange to have the annual “Service Organization Controls 1” report prepared for TR SEF filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23 TR SEF will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9839
Decisions, Orders and Rulings
2.2.17 tpSEF Inc. – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S. 5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF tpSEF Inc.
ORDER (Section 147 of the Act)
WHEREAS tpSEF Inc. (“tpSEF”) has filed an application dated September 30, 2013 (Application) with the Ontario Securities Commission (Commission) requesting an interim order pursuant to section 147 of the Act exempting tpSEF from the requirement to be recognized as an exchange under subsection 21(1) of the Act (Exchange Relief);
AND WHEREAS tpSEF has represented to the Commission that:
1.1 tpSEF is a corporation organized and existing under and by virtue of the provisions of the General Corporate Law of the State of Delaware with a principal place of business located 101 Hudson Street, Jersey City, NJ 07302; and tpSEF will provide execution services for swap transactions, including interest rate swaps, credit swaps, foreign exchange swaps, commodity swaps and equity swaps;
1.2 tpSEF is a wholly-owned subsidiary of Tullett Prebon Americas Corp. (“TPAC”). TPAC is a 75% owned subsidiary of Tullett Prebon (No. 1) (“TP No. 1”) and a 25% owned subsidiary of Tullett Prebon (Americas) Holdings Inc. (“TPAHI”). TP No. 1 is a 100% owned subsidiary of TPAHI, which is a 100% wholly-owned indirect subsidiary of Tullett Prebon plc, the ultimate parent company and a United Kingdom public company;
1.3 In the United States, tpSEF operates under the jurisdiction of the Commodity Futures Trading Commission (CFTC) (add any other regulator having jurisdiction) and has obtained (temporary) registration with the CFTC to operate a swap execution facility (SEF) (add any other registrations/recognitions or exemptions);
1.4 tpSEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
1.5 Because tpSEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
1.6 tpSEF has entered into a Regulatory Services Agreement with the National Futures Association to perform a number of regulatory services including, among other things, trading monitoring and surveillance;
1.7 tpSEF will provide an execution venue that will enable its participants to execute swaps in a full range of asset classes. tpSEF will provide execution services for interest rate swaps, credit swaps, foreign exchange swaps, commodity swaps and equity swaps. tpSEF will offer participants various methods for order execution including an order book and request for quote system;
1.8 tpSEF has entered into a clearing arrangement with LCH Clearnet Limited;
1.9 Because tpSEF has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
October 10, 2013 (2013) 36 OSCB 9840
Decisions, Orders and Rulings
1.10 tpSEF has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above; and
1.11 tpSEF intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (Subsequent Order);
AND WHEREAS the products traded on tpSEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and tpSEF is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and tpSEF’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS tpSEF has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or tpSEF’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of tpSEF to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, tpSEF is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. tpSEF complies with the terms and conditions contained in Schedule “A.”; and
3. tpSEF shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“James E. A. Turner”
“Mary G. Condon”
October 10, 2013 (2013) 36 OSCB 9841
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of tpSEF
1. tpSEF will maintain its registration as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC) and will continue to be subject to the regulatory oversight of the CFTC.
2. tpSEF will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. tpSEF will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. tpSEF must do everything within its control, which includes cooperating with the Commission as needed, to cause tpSEF to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. tpSEF will not provide direct access to a participant in Ontario (Ontario User) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (CEA).
6. tpSEF may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, tpSEF will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
8. tpSEF will require Ontario Users to notify tpSEF if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, tpSEF will promptly restrict the Ontario User’s access to tpSEF if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. tpSEF must make available to Ontario Users appropriate training for each person who has access to trade on tpSEF’s facilities.
Trading by Ontario Users
10. tpSEF will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of tpSEF in Ontario, tpSEF will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. tpSEF will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of tpSEF’s activities in Ontario.
Disclosure
13. tpSEF will provide to its Ontario Users disclosure that states that:
(a) rights and remedies against tpSEF may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
October 10, 2013 (2013) 36 OSCB 9842
Decisions, Orders and Rulings
(b) the rules applicable to trading on tpSEF may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) tpSEF is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. tpSEF will promptly provide staff of the Commission copies of all rules of tpSEF, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. tpSEF will promptly provide staff of the Commission copies of all amendments to tpSEF’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. tpSEF will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. tpSEF will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of tpSEF;
(c) details of any material legal proceeding instituted against tpSEF;
(d) notification that tpSEF has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate tpSEF or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. tpSEF will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of tpSEF;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for tpSEF;
(b) any change in tpSEF regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby tpSEF is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, tpSEF by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to tpSEF that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of tpSEF participant known to tpSEF or its representatives that may have a material, adverse impact upon tpSEF, a clearing agency or any Ontario Participant.
October 10, 2013 (2013) 36 OSCB 9843
Decisions, Orders and Rulings
19. tpSEF will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding tpSEF once issued as final by the CFTC.
Quarterly Reporting
20. tpSEF will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by tpSEF, or, to the best of tpSEF’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on tpSEF;
(c) a list of all investigations by tpSEF relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to tpSEF during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on tpSEF conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. tpSEF will arrange to have the annual report and annual audited financial statements of tpSEF filed with the Commission promptly after their issuance.
22. tpSEF will arrange to have the annual “Service Organization Controls 1” report prepared for tpSEF filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. tpSEF will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9844
Decisions, Orders and Rulings
2.2.18 Tradition SEF Inc. – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF TRADITION SEF INC.
ORDER (Section 147 of the Act)
WHEREAS Tradition SEF Inc. (the “Applicant”) has filed an application dated September 19, 2013 (the “Application”) with the Ontario Securities Commission (the “Commission”) requesting an interim order pursuant to section 147 of the Act exempting the Applicant from the requirement to be recognized as an exchange under subsection 21(1) of the Act (the “Exchange Relief”);
AND WHEREAS the Applicant has represented to the Commission that:
1.1 The Applicant is a corporation existing under the laws of Delaware in the United States (the “U.S.”) with its head office located in New York, New York, U.S.;
1.2 The Applicant is a wholly-owned subsidiary of Compagnie Financière Tradition SA, a public limited company existing under the laws of Switzerland and listed for trading on the SIX Swiss Exchange and the Third Market Segment of the Frankfurt Stock Exchange;
1.3 Together with its subsidiaries, Compagnie Financière Tradition SA (collectively, “CFT”) is one of the world’s largest interdealer brokers of financial products. CFT facilitates transactions between financial institutions and other professional traders in respect of money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures;
1.4 CFT, through the Applicant, operates several electronic trading platforms operating as separate order books, each of which serve the different market segments set out above (the “Platform”);
1.5 The Applicant proposes to offer electronic trade facilitation and execution services via the Platform to prospective participants in Ontario commending October 2, 2013 for transactions in various swaps (as such term is defined in The Dodd-Frank Wall Street Reform and Consumer Protection Act (U.S.) (the “Dodd-Frank Act”), including, but not limited to, Canadian dollar interest rate swaps, U.S. dollar interest rate swaps, foreign exchange derivatives (foreign exchange options, non-deliverable forwards, foreign exchange swaps) in various currencies, equity derivatives, credit derivatives, and commodity and energy derivatives (collectively, the “offered services”);
1.6 In the U.S., its home jurisdiction, the Applicant operates under the jurisdiction of the U.S. Commodity Futures Trading Commission (the “CFTC”) and has applied for (temporary) registration with the CFTC to operate a SEF, which registration was granted as of September 25, 2013;
1.7 Pursuant to the final rulemaking governing SEFs (the “SEF Rules”), the Applicant is obliged to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace;
October 10, 2013 (2013) 36 OSCB 9845
Decisions, Orders and Rulings
1.8 As the Applicant regulates the conduct of its participants, it is considered by the Commission to be an exchange, and as the Applicant has participants located in Ontario, it is considered by the Commission to be carrying on business as an exchange in Ontario and is therefore required to be recognized as such or exempted from recognition pursuant to Section 21 of the Act;
1.9 The Applicant has no physical presence in Ontario and does not otherwise carry on business in Ontario except as described above;
1.10 The Applicant intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to Section 147 of the Act (the “Subsequent Order”);
AND WHEREAS the products traded on the Platform are not commodity futures contracts as defined in the Commodity Futures Act (Ontario) and the Applicant is not considered to be carrying on business as a commodity futures exchange in Ontario;
AND WHEREAS the Commission will monitor developments in international and domestic capital markets and the Applicant’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order;
AND WHEREAS the Applicant has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or the Applicant’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities;
AND WHEREAS based on the Application, together with the representations made by and acknowledgements of the Applicant to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest;
IT IS HEREBY ORDERED by the Commission that, pursuant to Section 147 of the Act, the Applicant is exempt on an interim basis from recognition as an exchange under Subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014 and (ii) the effective date of the Subsequent Order;
2. The Applicant complies with the terms and conditions contained in Schedule “A”; and
3. The Applicant shall file a full application to the Commission for the Subsequent Order by January 31, 2014.
DATED October 1st, 2013.
“Mary G. Condon”
“James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9846
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of the Applicant
1. The Applicant will maintain its registration as a swap execution facility (a “SEF”) with the United States (the “U.S.”) Commodity Futures Trading Commission (“CFTC”) and will continue to be subject to the regulatory oversight of the CFTC.
2. The Applicant will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. The Applicant will notify the Commission if its registration as a SEF has been revoked, suspended or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. The Applicant must do everything within its control, which includes cooperating with the Commission as needed, to cause the Platform to carry out its activities as an exchange exempted from recognition under Subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. The Applicant will not provide direct access to a participant in Ontario (an “Ontario User”) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an “eligible contract participant” under the United States Commodity Exchange Act, as amended (“CEA”).
6. The Applicant may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, the Applicant will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or is exempt from or is not subject to those requirements.
8. The Applicant will require Ontario Users to notify the Applicant if their registration under Ontario securities laws has been revoked, suspended, or amended by the Commission, if they are no longer exempt from or become subject to those requirements, and following such notice from the Ontario User and subject to applicable laws, the Applicant will promptly restrict the Ontario User’s access to the Applicant if the Ontario User is no longer appropriately registered or exempt from or becomes subject to those requirements.
9. The Applicant must make available to Ontario Users appropriate training for each person who has access to trade on the Applicant’s facilities.
Trading by Ontario Users
10. The Applicant will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of the Applicant in Ontario, the Applicant will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. The Applicant will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of the Applicant’s activities in Ontario.
October 10, 2013 (2013) 36 OSCB 9847
Decisions, Orders and Rulings
Disclosure
13. The Applicant will provide to its Ontario Users disclosure that states that:
(a) rights and remedies against the Applicant may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on the Applicant may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) the Applicant is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. The Applicant will promptly provide staff of the Commission copies of all rules of the Applicant, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. The Applicant will promptly provide staff of the Commission copies of all amendments to the Applicant’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. The Applicant will promptly provide to the Commission copies of all product specifications and amended product specification specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. The Applicant will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of the Applicant;
(c) details of any material legal proceeding instituted against the Applicant;
(d) notification that the Applicant has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate the Applicant or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. The Applicant will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of the Applicant;
(iii) the access model, including eligibility criteria, for Ontario Users;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for the Applicant;
(b) any change in the Applicant’s regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby the Applicant is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the CEA or CFTC regulations;
October 10, 2013 (2013) 36 OSCB 9848
Decisions, Orders and Rulings
(d) any known investigations of, or disciplinary action against, the Applicant by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to the Applicant that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
(f) any default, insolvency, or bankruptcy of the Applicant, participant known to the Applicant or its representatives that may have a material, adverse impact upon the Applicant, a clearing agency or any Ontario User.
19. The Applicant will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding the Applicant once issued as final by the CFTC.
Quarterly Reporting
20. The Applicant will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by the Applicant, or, to the best of Applicant’s knowledge, by the CFTC or U.S. Securities and Exchange Commission with respect to such Ontario Users’ activities on the Platform;
(c) a list of all investigations by the Applicant relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to the Applicant during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on the Applicant conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. The Applicant will arrange to have the annual report and annual audited financial statements of the Applicant filed with the Commission promptly after their issuance.
22. The Applicant will arrange to have the annual “Service Organization Controls 1” report prepared for the Applicant filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. The Applicant will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9849
Decisions, Orders and Rulings
2.2.19 TW SEF LLC – s. 147
Headnote
Application for an order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario – requested order granted.
Applicable Legislative Provisions
Securities Act, R.S.O. 1990, c. S.5, as am., s. 147.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE ACT)
AND
IN THE MATTER OF TW SEF LLC
ORDER (Section 147 of the Act)
WHEREAS TW SEF LLC (“TW SEF”) has filed an application dated September 18, 2013 (the “Application”) with the Ontario Securities Commission (the “Commission”) requesting an interim order pursuant to section 147 of the Act exempting TW SEF from the requirement to be recognized as an exchange under subsection 21(1) of the Act (the “Exchange Relief”); and
WHEREAS TW SEF has represented to the Commission that:
a. TW SEF is a Delaware-organized limited liability company that is an indirect wholly-owned subsidiary of Tradeweb Markets LLC;
b. TW SEF provides an electronic platform for trading interest rate swaps and credit default swap indices that operates as a disclosed request-based market;
c. In the United States, TW SEF operates under the jurisdiction of the Commodity Futures Trading Commission (the “CFTC”) and has obtained (temporary) registration with the CFTC to operate a swap execution facility (a “SEF”);
d. TW SEF is obliged under CFTC rules to have requirements governing the conduct of participants, to monitor compliance with those requirements and to discipline participants, including by means other than exclusion from the marketplace, and TW SEF has retained the National Futures Association as a regulatory services provider;
e. Because TW SEF regulates the conduct of its participants, it is considered by the Commission to be an exchange;
f. In the event that TW SEF has participants located in Ontario, it would be considered by the Commission to be carrying on business as an exchange in Ontario and would be required to be recognized as such or exempted from recognition pursuant to section 21 of the Act;
g. TW SEF has no physical presence in Ontario and does not otherwise carry on business in Ontario, except as described above; and
h. TW SEF intends to file a full application to the Commission for a subsequent order exempting it from the requirement to be recognized as an exchange pursuant to section 147 of the Act (a “Subsequent Order”); and
WHEREAS the products traded on TW SEF are not commodity futures contracts as defined in the Commodity Futures Act (Ontario), and TW SEF is not considered to be carrying on business as a commodity futures exchange in Ontario; and
WHEREAS the Commission will monitor developments in international and domestic capital markets and TW SEF’s activities on an ongoing basis to determine whether it is appropriate for the Exchange Relief to continue to be granted subject to the terms and conditions set out in Schedule “A” to this order; and
October 10, 2013 (2013) 36 OSCB 9850
Decisions, Orders and Rulings
WHEREAS TW SEF has acknowledged to the Commission that the scope of the Exchange Relief and the terms and conditions imposed by the Commission set out in Schedule “A” to this order may change as a result of the Commission’s monitoring of developments in international and domestic capital markets or TW SEF’s activities, or as a result of any changes to the laws in Ontario affecting trading in derivatives or securities; and
WHEREAS based on the Application, together with the representations made by and acknowledgements of TW SEF to the Commission, the Commission has determined that the granting of the Exchange Relief would not be prejudicial to the public interest,
IT IS HEREBY ORDERED by the Commission that, pursuant to section 147 of the Act, TW SEF is exempt on an interim basis from recognition as an exchange under subsection 21(1) of the Act,
PROVIDED THAT:
1. This Order terminates on the earlier of (i) October 2, 2014, and (ii) the effective date of the Subsequent Order;
2. TW SEF complies with the terms and conditions contained in Schedule “A;” and
3. TW SEF shall file a full application to the Commission for the Subsequent Order by January 1, 2014.
DATED: October 1st, 2013.
“Mary G. Condon”
James E. A. Turner”
October 10, 2013 (2013) 36 OSCB 9851
Decisions, Orders and Rulings
SCHEDULE “A”
TERMS AND CONDITIONS
Regulation and Oversight of TW SEF
1. TW SEF LLC (“TW SEF”) will maintain its registration as a swap execution facility (a “SEF”) with the Commodity Futures Trading Commission (the “CFTC”) and will continue to be subject to the regulatory oversight of the CFTC.
2. TW SEF will continue to comply with the ongoing requirements applicable to it as a SEF registered with the CFTC.
3. TW SEF will notify the Commission if its registration as a SEF has been revoked, suspended, or amended by the CFTC, or the basis on which its registration as a SEF has been granted has significantly changed.
4. TW SEF must do everything within its control, which includes cooperating with the Ontario Securities Commission (the “Commission”) as needed, to cause TW SEF to carry out its activities as an exchange exempted from recognition under subsection 21(1) of the Act in compliance with Ontario securities law.
Access
5. TW SEF will not provide direct access to a participant in Ontario (an “Ontario User”) unless the Ontario User is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements, and qualifies as an eligible contract participant under the United States Commodity Exchange Act, as amended (the “CEA”).
6. TW SEF may reasonably rely on a written representation from the Ontario User that specifies either that it is appropriately registered as applicable under Ontario securities laws or is exempt from or not subject to those requirements.
7. For each Ontario User provided direct access to its SEF, TW SEF will require, as part of its application documentation or continued access to the SEF, the Ontario User to represent that it is appropriately registered as applicable under Ontario securities laws or exempt from those requirements.
8. TW SEF will require Ontario Users to notify TW SEF if their registration as applicable under Ontario securities laws has been revoked, suspended, or amended by the Commission or if they are no longer exempt from or become subject to those requirements and, following notice from the Ontario User and subject to applicable laws, TW SEF will promptly restrict the Ontario User’s access to TW SEF if the Ontario User is no longer appropriately registered or exempt from those requirements.
9. TW SEF must make available to Ontario Users appropriate training for each person who has access to trade on TW SEF’s facilities.
Trading by Ontario Users
10. TW SEF will not provide access to an Ontario User to trading in products other than swaps and security-based swaps, as defined in section 1a of the CEA, without prior Commission approval.
Submission to Jurisdiction and Agent for Service
11. With respect to a proceeding brought by the Commission arising out of, related to, concerning or in any other manner connected with the Commission’s regulation and oversight of the activities of TW SEF in Ontario, TW SEF will submit to the non-exclusive jurisdiction of (i) the courts and administrative tribunals of Ontario and (ii) an administrative proceeding in Ontario.
12. TW SEF will file with the Commission a valid and binding appointment of an agent for service in Ontario upon whom the Commission may serve a notice, pleading, subpoena, summons or other process in any action, investigation or administrative, criminal, quasi-criminal, penal or other proceeding arising out of or relating to or concerning the Commission’s regulation and oversight of TW SEF’s activities in Ontario.
Disclosure
13. TW SEF will provide to its Ontario Users disclosure that states that:
October 10, 2013 (2013) 36 OSCB 9852
Decisions, Orders and Rulings
(a) rights and remedies against TW SEF may only be governed by the laws of the U.S., rather than the laws of Ontario and may be required to be pursued in the U.S. rather than in Ontario;
(b) the rules applicable to trading on TW SEF may be governed by the laws of the U.S., rather than the laws of Ontario; and
(c) TW SEF is regulated by the CFTC, rather than the Commission.
Filings with the CFTC
14. TW SEF will promptly provide staff of the Commission copies of all rules of TW SEF, and amendments to those rules, that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
15. TW SEF will promptly provide staff of the Commission copies of all amendments to TW SEF’s Form SEF (including Exhibits to Form SEF) that it files with the CFTC.
16. TW SEF will promptly provide to the Commission copies of all product specifications and amended product specifications that it files with the CFTC under the regulations pertaining to self-certification and/or approval.
17. TW SEF will promptly provide staff of the Commission the following information to the extent it is required to provide to or file such information with the CFTC:
(a) the annual Board of Directors’ report regarding the activities of the board and its committees;
(b) the annual unaudited financial statements of TW SEF;
(c) details of any material legal proceeding instituted against TW SEF;
(d) notification that TW SEF has instituted a petition for a judgment of bankruptcy or insolvency or similar relief, or to wind up or liquidate TW SEF or has a proceeding for any such petition instituted against it; and
(e) the appointment of a receiver or the making of any voluntary arrangement with creditors.
Prompt Notice or Filing
18. TW SEF will promptly notify staff of the Commission of any of the following:
(a) any material change to its business or operations or the information provided in the Application, including, but not limited to:
(i) changes to the regulatory oversight by the CFTC;
(ii) the corporate governance structure of TW SEF;
(iii) the access model, including eligibility criteria, for Ontario Participants;
(iv) systems and technology; and
(v) the clearing and settlement arrangements for TW SEF;
(b) any change in TW SEF regulations or the laws, rules and regulations in the U.S. relevant to futures and options where such change may materially affect its ability to meet the criteria set out in Appendix 1 to this schedule;
(c) any condition or change in circumstances whereby TW SEF is unable or anticipates it will not be able to continue to meet the SEF Core Principles established by the CFTC or any other applicable requirements of the Commodity Exchange Act or CFTC regulations;
(d) any known investigations of, or disciplinary action against, TW SEF by the CFTC or any other regulatory authority to which it is subject;
(e) any matter known to TW SEF that may affect its financial or operational viability, including, but not limited to, any significant system failure or interruption; and
October 10, 2013 (2013) 36 OSCB 9853
Decisions, Orders and Rulings
(f) any default, insolvency, or bankruptcy of TW SEF participant known to TW SEF or its representatives that may have a material, adverse impact upon TW SEF, a clearing agency or any Ontario Participant.
19. TW SEF will promptly file with staff of the Commission copies of any Rule Enforcement Review report regarding TW SEF once issued as final by the CFTC.
Quarterly Reporting
20. TW SEF will maintain the following updated information and submit such information in a manner and form acceptable to the Commission on a quarterly basis (within 30 days of the end of each calendar quarter), and at any time promptly upon the request of staff of the Commission:
(a) a current list of all Ontario Users;
(b) a list of all Ontario Users against whom disciplinary action has been taken in the last quarter by TW SEF, or, to the best of TW SEF’s knowledge, by the CFTC or SEC with respect to such Ontario Users’ activities on TW SEF;
(c) a list of all investigations by TW SEF relating to Ontario Users;
(d) a list of all Ontario applicants for status as a participant who were denied such status or access to TW SEF during the quarter, together with the reasons for each such denial;
(e) a list of all products available for trading during the quarter, identifying any additions, deletions, or changes since the prior quarter;
(f) for each product,
(i) the total trading volume and value originating from Ontario Users, presented on a per Ontario User basis, and
(ii) the proportion of worldwide trading volume and value on TW SEF conducted by Ontario Users, presented in the aggregate for such Ontario Users; and
(g) a list outlining each incident of a material systems failure, malfunction or delay that occurred at any time during the quarter for any system relating to trading activity, including trading, routing or data, specifically identifying the date, duration and reason for the failure, malfunction or delay, and noting any corrective action taken.
Annual Reporting
21. TW SEF will arrange to have the annual report and annual audited financial statements of TW SEF filed with the Commission promptly after their issuance.
22. TW SEF will arrange to have the annual “Service Organization Controls 1” report prepared for TW SEF filed with the Commission promptly after the report is issued as final by its independent auditor.
Information Sharing
23. TW SEF will provide such information as may be requested from time to time by, and otherwise cooperate with, the Commission or its staff, subject to any applicable privacy or other laws (including solicitor-client privilege) governing the sharing of information and the protection of personal information.
October 10, 2013 (2013) 36 OSCB 9854
Chapter 3
Reasons: Decisions, Orders and Rulings
3.1 OSC Decisions, Orders and Rulings
3.1.1 FCPF Corporation (formerly known as Redev Corporation) and Richard Crenian
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF THE REGISTRATION OF FCPF CORPORATION (FORMERLY REDEV CORPORATION) and RICHARD CRENIAN
SETTLEMENT AGREEMENT
Introduction
1. This settlement agreement (the Settlement Agreement) relates to the registration status under the Securities Act (Ontario) (the Act) of FCPF Corporation (FCPF) (formerly known as Redev Corporation) (Redev)) and Richard Crenian (Crenian) (collectively, the Registrants).
Agreed Statement of Facts
2. Staff of the Ontario Securities Commission (Staff of the OSC) and the Registrants agree to the facts as stated herein.
The Registrants
3. FCPF is registered under the Act as an exempt market dealer. FCPF offers for sale securities of related-party issuers that carry on the business of real estate development in Alberta and elsewhere.
4. FCPF first became registered as a limited market dealer on April 25, 2006. At the time of its initial registration, FCPF was known as Redev. On March 7, 2013, Redev notified Staff that it had changed its name to FCPF effective January 31, 2013.
5. FCPF’s registration was transitioned to the category of exempt market dealer on September 28, 2009.
6. Crenian has been registered with FCPF as follows:
(a) Designated compliance officer: April 25, 2006 to September 28, 2009;
(b) Chief compliance officer: January 25, 2010 to January 10, 2011; and
(c) Ultimate designated person: January 25, 2010 to February 3, 2011, and July 4, 2011 to the present.
7. At the time Crenian became registered as FCPF’s chief compliance officer, he did not meet the proficiency requirements for that position as set out in National Instrument 31-103 – Registration Requirements, Exemptions, and Ongoing Registrant Obligations (NI 31-103).
8. The transition provisions of NI 31-103 permitted Crenian one year from September 28, 2009 within which to achieve the proficiency requirements for the chief compliance officer of an exempt market dealer. Crenian did not achieve these requirements, and accordingly on December 16, 2010, Staff recommended to the Director that the registration of FCPF be suspended pursuant to section 28 of the Act.
October 10, 2013 (2013) 36 OSCB 9855
Reasons: Decisions, Orders and Rulings
9. FCPF requested an opportunity to be heard (an OTBH) in relation to Staff’s recommendation of December 16, 2010. That OTBH was settled on the basis that FCPF’s registration would be suspended until such time as it appointed a properly-qualified chief compliance officer. This suspension was effective February 3, 2011.
10. FCPF’s registration was reinstated effective July 4, 2011 when a chief compliance officer was appointed.
The Compliance Review
11. In the fall of 2012, Staff conducted a review of FCPF’s compliance with Ontario securities law pursuant to section 20 of the Act (the Compliance Review).
12. Through the Compliance Review, Staff identified the following deficiencies in the Registrants’ compliance with Ontario securities law, which the Registrants admit to:
(a) During the period of time that FCPF’s registration was suspended in 2011, the firm traded in securities with investors DT and KH, contrary to section 25 of the Act and section 10.4 of NI 31-103. The trade to DT was conducted by AF, an individual who has never been registered under the Act. Acts in furtherance of the trade to KH were carried out during the time when FCPF’s registration was suspended, and the trade was completed after FCPF’s registration was reinstated.
(b) AF traded in securities on behalf of FCPF on at least eleven different occasions from 2005 to 2011 without being registered under the Act. These sales raised approximately $810,000 for issuers distributed by FCPF, and AF was paid commissions totaling approximately $56,700 for these trades.
(c) No know-your-client (KYC) information was properly recorded for any of the trades carried out by AF.
(d) No KYC information was collected for trades made to clients YJ, RT, or KH, which trades were made through a registered representative of FCPF.
(e) FCPF, through AF, sold securities in reliance on the accredited investor exemption to the prospectus requirement to the following individuals who did not qualify as accredited investors: DT, JM, TF, and NC. These investors signed subscription agreements in which they represented that they were accredited investors.
(f) KH invested in two issuers sold to her by FCPF, both of which were of substantially the same nature. Each investment by KH represented approximately 12.5% to 25% of her “net investible assets” (a term used in FCPF’s KYC form), and on a combined basis they represented approximately 25% to 50% of her net investible assets. These trades were carried out by a registered representative of FCPF, and the firm could not demonstrate to Staff that the representative properly assessed whether these trades resulted in KH being over-concentrated in FCPF offerings, and therefore whether they were suitable for her.
13. The Compliance Review did not find any evidence that FCPF clients had suffered monetary loss as a result of the Registrants’ breaches of Ontario securities law.
Staff Recommends Suspension of Registration
14. On January 2, 2013, Staff sent a report to FCPF setting out its findings from the Compliance Review.
15. Also on January 2, 2013, Staff sent a letter to the Registrants informing them that Staff had recommended to the Director that their registrations be suspended pursuant to section 28 of the Act, and informing them of their right to request an OTBH.
16. On January 16, 2013, counsel for the Registrants notified Staff in writing that the Registrants wished to have an OTBH before the Director made a decision regarding Staff’s recommendation.
17. On February 15, 2013, FCPF consented to the imposition of terms and conditions on its registration which prohibited it from trading in securities. These terms and conditions were imposed on the understanding that they would be in place pending negotiations between Staff and the Registrants to settle the OTBH.
Admission of Non-Compliance with Ontario Securities Law
18. On the basis of the Agreed Statement of Facts, FCPF admits that it did not effectively establish, maintain, and apply policies and procedures to establish a system of controls and supervision sufficient to provide reasonable assurance
October 10, 2013 (2013) 36 OSCB 9856
Reasons: Decisions, Orders and Rulings
that the firm and each individual acting on its behalf consistently complied with securities legislation and to manage the risks associated with its business in accordance with prudent business practices.
19. On the basis of the Agreed Statement of Facts, Crenian admits that he failed to properly discharge all of his obligations as designated compliance officer, ultimate designated person, and chief compliance officer under Ontario securities law.
20. The Registrants admit:
(a) FCPF traded in securities during a period of time when its registration was suspended, contrary to subsection 25(1) of the Act and section 10.4 of NI 31-103;
(b) Allan Fulton traded in securities on behalf of FCPF without being registered under the Act, contrary to subsection 25(1) of the Act;
(c) FCPF traded in securities where such trades were distributions of securities and where such distributions were made in reliance on exemptions to the prospectus requirement to individuals who did not qualify for such exemptions, contrary to paragraph 7.1(2)(d) of NI 31-103;
(d) FCPF did not take reasonable steps to ensure that it obtained the KYC information required by section 13.2 of NI 31-103 for each of its clients; and
(e) FCPF did not take reasonable steps to ensure that, before it made a recommendation to, or accepted an instruction from, each of its clients to buy a security, the purchase was suitable for the client, contrary to subsection 13.3 of NI 31-103.
Joint Recommendation to Director
21. In order to resolve the OTBH that has been requested by the Registrants, and on the basis of the Agreed Statement of Facts, the admission of non-compliance with Ontario securities law, and the undertakings set out in this Settlement Agreement, Staff and the Registrants (the Parties) have agreed to the following terms, and make the following joint recommendation to the Director:
(a) The registration of FCPF shall be revoked pursuant to section 28 of the Act;
(b) The registration of Crenian as an ultimate designated person shall be suspended pursuant to section 28 of the Act, and he may apply for a reactivation of registration after a period of eight years from February 15, 2013 (i.e., the date that terms and conditions were imposed on the registration of FCPF prohibiting it from trading in securities). If Crenian applies for a reactivation of registration as an ultimate designated person, the conduct giving rise to this Settlement Agreement may be considered by Staff in assessing his suitability for registration, together with any other relevant consideration;
(c) Crenian undertakes that he will not apply for registration as the chief compliance officer of a registered firm for a period of eight years from February 15, 2013. If Crenian applies for registration as a chief compliance officer, the conduct giving rise to this Settlement Agreement may be considered by Staff in assessing his suitability for registration, together with any other relevant consideration;
(d) Crenian will resign all positions as a permitted individual, and undertakes that he will not become a permitted individual of a registered firm for a period of eight years from February 15, 2013;
(e) Crenian undertakes that he will not apply for registration as a dealing representative in any category of registration for a period of four years from February 15, 2013. If Crenian applies for registration as a dealing representative, the conduct giving rise to this Settlement Agreement may be considered by Staff in assessing his suitability for registration, together with any other relevant consideration; and
(f) Crenian will successfully complete the Conduct and Practices Handbook Course before applying to be registered in any category, or becoming a permitted individual, and will successfully complete the PDO Exam (as defined by NI 31-103) before applying to be an ultimate designated person or permitted individual.
22. The Parties submit that their joint recommendation is reasonable, having regard to the following factors:
(a) The misconduct by the Registrants was significant, but Staff is not aware of any investors having suffered any losses to date as a result of the activities of the Registrants;
October 10, 2013 (2013) 36 OSCB 9857
Reasons: Decisions, Orders and Rulings
(b) The Registrants have not previously been the subject of any regulatory action by the OSC relating to allegations of misconduct;
(c) The Registrants have accepted full responsibility for their misconduct and have expressed remorse for that misconduct; and
(d) By agreeing to this Settlement Agreement, the Registrants have saved the Director the time and resources that would have been required for an OTBH.
23. The Parties acknowledge that if the Director does not accept this joint recommendation:
(a) This joint recommendation and all discussions and negotiations between the Parties in relation to this matter shall be without prejudice to the Parties; and
(b) The Registrants will be entitled to an OTBH in accordance with section 31 of the Act in respect of any recommendation that may be made by Staff regarding their registration status.
Mark Skuce Helen Daley Mark Skuce, Legal Counsel, Helen Daley Compliance and Registrant Regulation Counsel for FCPF Corporation and Richard Crenian
October 1, 2013 September 30, 2013 Date Date
Decision of the Director
Having reviewed and considered the agreed facts, admissions, representations, submissions, and undertakings contained in the settlement agreement (the Settlement Agreement) signed on behalf of Richard Crenian and FCPF Corporation (formerly known as Redev Corporation) on September 30, 2013, and by staff of the Ontario Securities Commission on October 1, 2013, and on the basis of those agreed facts, admissions, representations, submissions, and undertakings, I, Debra Foubert, in my capacity as Director under the Securities Act (Ontario) (the Act), accept the joint recommendation of the parties, and make the following decision pursuant to section 28 of the Act:
(i) Effective immediately, the registration of FCPF Corporation (formerly known as Redev Corporation) is revoked.
(ii) Effective immediately, the registration of Richard Crenian as an ultimate designated person is suspended, and he may apply for a reactivation of registration as an ultimate designated person after a period of eight years from February 15, 2013 (i.e., the date on which terms and conditions were imposed on the registration of FCPF Corporation which prevented the firm or anyone acting on its behalf from trading in securities).
October 1, 2013 Debra M. Foubert Date Director
October 10, 2013 (2013) 36 OSCB 9858
Reasons: Decisions, Orders and Rulings
3.1.2 Global Consulting and Financial Services et al.
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF GLOBAL CONSULTING AND FINANCIAL SERVICES, GLOBAL CAPITAL GROUP, CROWN CAPITAL MANAGEMENT CORP., MICHAEL CHOMICA, JAN CHOMICA and LORNE BANKS
REASONS FOR SANCTIONS
At the conclusion of the hearing held on October 2, 2013 (the “Hearing”), I ordered sanctions against Michael Chomica (“Chomica”) in connection with an agreed statement of facts (the “Agreed Statement of Facts”) and a joint submission on sanctions (the “Joint Submission on Sanctions”) entered into by Chomica and Staff of the Ontario Securities Commission (“Staff”). These are my reasons as to the sanctions ordered against Chomica at the Hearing.
The Hearing was held in relation to proceedings pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) (the “Section 127 Proceedings”), in which Chomica is a named respondent. Chomica is also a respondent to proceedings in the Ontario Court of Justice, pursuant to subsection 122(1)(c) of the Act (the “Section 122 Proceedings”). In connection with the Section 122 Proceedings, on February 14, 2013, the Ontario Court of Justice accepted a guilty plea by Chomica for three counts of fraud, contrary to sections 122 and 126.1(b) of the Act (the “Guilty Plea”). On March 14, 2013, the Ontario Court of Justice sentenced Chomica to 18 months of incarceration for the first count of fraud and two years each for the second and third counts of fraud, to be served concurrently (the “Conviction”). Pursuant to paragraph 1 of subsection 127(10) of the Act, I found that Chomica’s Conviction may form the basis of an order in the public interest under subsection 127(1) of the Act.
The Section 127 Proceedings were initiated on March 27, 2013 when the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 37, 127 and 127.1 of the Act against Global Consulting and Financial Services (“Global Consulting”), Global Capital Group (“Global Capital”), Crown Capital Management Corp. (“Crown Capital”), Chomica, Jan Chomica and Lorne Banks (“Banks”). On July 17, 2013, the Commission approved of a settlement agreement between Staff and Banks. On August 6, 2013, the Commission approved of a settlement agreement between Staff and Global Consulting and Jan Chomica. Following a motion hearing held on September 4, 2013, the Commission ordered that the oral hearing on the merits as it relates to Chomica, Crown Capital and Global Capital be converted to a written hearing. Staff subsequently filed an Amended Statement of Allegations on September 13, 2013. Pursuant to the Amended Statement of Allegations, Staff alleged that Chomica breached sections 25 and 126.1(b) of the Act and engaged in conduct that was contrary to the public interest and harmful to the integrity of the Ontario capital markets.
On October 1, 2013, the Commission ordered that an oral hearing be held on October 2, 2013 to consider the Agreed Statement of Facts and the Joint Submission on Sanctions, as well as to consider the next steps in the proceeding with respect to Crown Capital and Global Capital. In connection with the Hearing, Staff filed the following materials with the Registrar of the Commission: the Agreed Statement of Facts; the Joint Submission on Sanctions; the Statement of Facts for the Guilty Plea, dated February 14, 2013; an accompanying appendix; and a transcript from a hearing held before the Ontario Court of Justice on February 14, 2013 in relation to the Guilty Plea.
I was satisfied that Chomica fully accepted, agreed to and understood the facts and sanctions contained in the Agreed Statement of Facts and the Joint Submission on Sanctions. However, I note that the Agreed Statement of Facts only relates to Chomica’s contraventions of sections 122 and 126.1(b) of the Act. The Agreed Statement of Facts does not relate to Staff’s allegation of Chomica’s breach of section 25 of the Act. Staff did not pursue its allegation against Chomica in relation to section 25 of the Act, as set out in the Amended Statement of Allegations, and therefore I make no finding in relation thereto.
Having reviewed the submissions of Staff and Chomica and having heard the oral submissions of the parties, I found that Chomica’s fraudulent misconduct that led to the Conviction required strong sanctions to be imposed. I found that it was appropriate and proportional to the circumstances that the following sanctions be imposed at the Hearing:
• permanent trading, acquisition and exemption bans, pursuant to clauses 2, 2.1 and 3 of subsection 127(1) of the Act;
• Chomica was reprimanded orally at the Hearing, pursuant to clause 6 of subsection 127(1) of the Act;
October 10, 2013 (2013) 36 OSCB 9859
Reasons: Decisions, Orders and Rulings
• permanent director and officer bans, pursuant to clauses 8, 8.2 and 8.4 of subsection 127(1) of the Act;
• a permanent ban from becoming or acting as a registrant, as an investment fund manager or as a promoter, pursuant to clause 8.5 of subsection 127(1) of the Act;
• a disgorgement order in the amount of $550,000 that was obtained through Chomica’s non-compliance with Ontario securities law, pursuant to clause 10 of subsection (1) of the Act; and
• a telephoning ban to any residence within or outside Ontario for the purpose of trading in any security or in any class of securities, pursuant to subsection 37(1) of the Act.
In relation to the disgorgement order, I note that the Agreed Statement of Facts states that Chomica obtained $550,000 as a result of his non-compliance with Ontario securities law. At the Hearing, Chomica agreed to forfeit to the Commission $2,000 in cash that was seized by Staff during the execution of a search warrant on his residence and to have that amount applied towards any disgorgement order made by the Commission. Once Chomica has fully satisfied the terms of the disgorgement order, I found that he shall be permitted to acquire and/or trade securities for the account of his registered trading retirement savings plan (“RRSP”) as defined in the Income Tax Act, R.S.C. 1985, c. 1, as amended.
DATED at Toronto this 2nd day of October, 2013.
“Alan Lenczner”
October 10, 2013 (2013) 36 OSCB 9860
Chapter 4
Cease Trading Orders
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders
Company Name Date of Temporary Date of Hearing Date of ermanent Date of Order Order Lapse/Revoke
Noveko International Inc. 03 Oct 13 15 Oct 13
Wasco Capital Inc. 07 Oct 13 18 Oct 13
4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders
Company Name Date of Date of Date of Date of Date of Order or Hearing Permanent Lapse/ Issuer Temporary Order Expire Temporary Order Order
THERE ARE NO ITEMS FOR THIS WEEK.
4.2.2 Outstanding Management & Insider Cease Trading Orders
Company Name Date of Order Date of Date of Date of Date of Issuer or Temporary Hearing Permanent Lapse/ Expire Temporary Order Order Order
Strike Minerals Inc. 19 Sept 13 01 Oct 13 01 Oct 13
October 10, 2013 (2013) 36 OSCB 9861
Cease Trading Orders
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October 10, 2013 (2013) 36 OSCB 9862
Chapter 7
Insider Reporting
The following is a weekly summary of insider transactions by insiders of Ontario reporting issuers in SEDI ® (the System for Electronic Disclosure by Insiders).1 The weekly summary contains insider transactions reported during the 7-day period ending Sunday at 11:59 p.m. (i.e. the Sunday prior to the Bulletin Issue date).2
Guide to Codes Relationship of Insider to Issuer (Rel=n)
1 Issuer 2 Subsidiary of Issuer 3 10% Security Holder of Issuer 4 Director of Issuer 5 Senior Officer of Issuer 6 Director or Senior Officer of 10% Security Holder 7 Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 8 Deemed Insider – 6 Months before becoming Insider
Nature of Transaction (T/O)
00 Opening Balance-Initial SEDI Report 10 Acquisition or disposition in the public market 11 Acquisition or disposition carried out privately 15 Acquisition or disposition under a prospectus 16 Acquisition or disposition under a prospectus exemption 22 Acquisition or disposition pursuant to a take-over bid, merger or acquisition 30 Acquisition or disposition under a purchase/ ownership plan 35 Stock dividend 36 Conversion or exchange 37 Stock split or consolidation 38 Redemption, retraction, cancellation, repurchase 40 Short sale 45 Compensation for property 46 Compensation for services 47 Acquisition or disposition by gift 48 Acquisition by inheritance or disposition by bequest 50 Grant of options 51 Exercise of options 52 Expiration of options 53 Grant of warrants 54 Exercise of warrants 55 Expiration of warrants 56 Grant of rights 57 Exercise of rights 59 Exercise for cash 70 Acquisition or disposition (writing) of third party derivative 71 Exercise of third party derivative 72 Other settlement of third party 73 Expiration of third party derivative 90 Change in nature of ownership 97 Other 99 Correction of Information
Note: The asterisk in the “Date/Month End Holding” column indicates the insider disagreed with the system calculated balance when the transaction was reported.
1 SEDI® is a registered trademark owned by CDS INC. 2 ©CDS INC.
October 10, 2013 (2013) 36 OSCB 9863
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed 3MV Energy Corp. Options Abbey, William 5 23/08/2013 50 0.15 612,860 325,000 (formerly Noravena (Billy) Mark Capital Corporation) 49 North Resources Common Shares Cook, Andrew 4 30/09/2013 00 Inc. Arthur ABCOURT MINES Warrants Filion, Marc 4 04/10/2013 55 0 -45,000 INC. ABCOURT MINES Warrants Hinse, Renaud 4, 5 04/10/2013 55 0.2 62,230 -66,500 INC. ABCOURT MINES Warrants Hinse, Renaud 4, 5 04/10/2013 55 0.2 1,425,000 -208,500 INC. Aberdeen Common Shares Stein, David 4, 5 27/09/2013 10 0.155 2,553,000 216,000 International Inc. Matthew Aberdeen Common Shares Stein, David 4, 5 30/09/2013 10 0.15 2,578,000 25,000 International Inc. Matthew Abitibi Royalties Inc. Options Karahissarian, 6 27/09/2013 50 0.55 40,000 25,000 Annie Abitibi Royalties Inc. Options Mullan, Glenn J 4, 6, 27/09/2013 50 0.55 450,000 230,000 5 Abitibi Royalties Inc. Options Pepper, Andrew 4 27/09/2013 50 0.55 250,000 127,500 Turcotte Abitibi Royalties Inc. Options Poisson, Daniel 5 27/09/2013 50 0.55 80,000 40,000 Abitibi Royalties Inc. Options Williams, Chad 4 27/09/2013 50 0.55 250,000 127,500 Abitibi Royalties Inc. Options Zinke, Jens 4, 6 27/09/2013 50 0.55 370,000 150,000 Acadian Timber Corp. Common Shares Brookfield Asset 3 01/01/2010 00 Management Inc. Acadian Timber Corp. Common Shares Brookfield Asset 3 01/01/2010 00 Management Inc. Acadian Timber Corp. Common Shares Brookfield Asset 3 01/10/2013 11 7,235,730 7,235,730 Management Inc. Acadian Timber Corp. Common Shares Brookfield Asset 3 01/01/2010 00 Management Inc. Acadian Timber Corp. Common Shares Brookfield Asset 3 01/10/2013 97 277,532 277,532 Management Inc. Acadian Timber Corp. Common Shares Brookfield Holdings 3 01/10/2013 11 0 -7,235,730 Canada Inc. Acadian Timber Corp. Common Shares Brookfield Holdings 3 01/10/2013 97 0 -277,532 Canada Inc. Advanced Common Shares Guo, Lei 4 01/10/2013 10 0.05 2,883,334 500,000 Explorations Inc. Affinor Resources Inc. Common Shares Gestion Claude 3 27/09/2013 10 0.04 3,000,000 25,000 Veillette Ltée Affinor Resources Inc. Common Shares VEILLETTE, 3, 4 27/09/2013 10 0.04 3,000,000 25,000 CLAUDE African Queen Mines Common Shares Olian, Irwin Alois 3, 4, 30/09/2013 10 0.045 9,078,500 5,000 Ltd. 5 Ag Growth Rights Deferred Giesselman, Janet 4 01/10/2013 56 348 139 International Inc. Compensation Plan Ag Growth Rights Deferred Lambert, William 4 01/10/2013 56 13,867 804 International Inc. Compensation Plan Allen Ag Growth Rights Deferred Moore, Malcolm 4 01/10/2013 56 327 129 International Inc. Compensation Plan Ag Growth Rights Deferred White, David 4 01/10/2013 56 4,727 165 International Inc. Compensation Plan Agrium Inc. Rights Deferred Everitt, David 4 30/09/2013 56 90.25 1,713 184 Share Units Charles Agrium Inc. Rights Deferred Girling, Russell 4 30/09/2013 56 90.25 23,732 346 Share Units Agrium Inc. Rights Deferred Henry, Susan A. 4 30/09/2013 56 90.25 55,667 363 Share Units Agrium Inc. Rights Deferred Lesar, David John 4 30/09/2013 56 90.25 8,996 369 Share Units Agrium Inc. Rights Deferred Lowe, John Edward 4 30/09/2013 56 90.25 9,917 639 Share Units Agrium Inc. Rights Deferred McLellan, A. Anne 4 30/09/2013 56 90.25 16,593 123 Share Units Agrium Inc. Rights Deferred Pannell, Derek 4 30/09/2013 56 90.25 14,420 527 Share Units George Agrium Inc. Rights Deferred Schmidt, Mayo 4 30/09/2013 56 90.25 2,419 489 Share Units Agrium Inc. Rights Deferred Zaleschuk, Victor 4 30/09/2013 56 90.25 33,573 259 Share Units Jack Aimia Inc. Deferred Share Units Adams, David L. 5 30/09/2013 35 17.94 7,068 65
October 10, 2013 (2013) 36 OSCB 9864
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Aimia Inc. Deferred Share Units Brown, Robert Ellis 4 30/09/2013 35 17.94 36,884 346 Aimia Inc. Deferred Share Units Doroniuk, Roman 4 30/09/2013 35 17.94 17,017 159 Aimia Inc. Deferred Share Units Duchesne, Rupert 4, 5 30/09/2013 35 17.94 854 Aimia Inc. Deferred Share Units Duchesne, Rupert 4, 5 30/09/2013 35 17.94 854 Aimia Inc. Deferred Share Units Duchesne, Rupert 4, 5 30/09/2013 35 17.94 77,901 854 Aimia Inc. Rights Duchesne, Rupert 4, 5 30/09/2013 35 17.93 94,502 889 Aimia Inc. Rights - Performance Duchesne, Rupert 4, 5 30/09/2013 35 17.93 889 Share Units - Aimia LTIP Aimia Inc. Rights - Performance Duchesne, Rupert 4, 5 30/09/2013 35 17.93 889 Share Units - Aimia LTIP Aimia Inc. Deferred Share Units Ferstman, Joanne 4 30/09/2013 35 17.94 31,166 293 Shari Aimia Inc. Deferred Share Units Fortier, Michael M 4 30/09/2013 35 17.94 8,785 83 Aimia Inc. Deferred Share Units Forzani, John 4, 5 30/09/2013 35 17.94 20,719 193 Aimia Inc. Deferred Share Units Graham, Elizabeth 5 30/09/2013 35 17.94 33,976 372 Aimia Inc. Deferred Share Units Horowitz, Beth 4 30/09/2013 30 17.94 21 Sharon Aimia Inc. Deferred Share Units Horowitz, Beth 4 30/09/2013 30 17.94 21 Sharon Aimia Inc. Deferred Share Units Horowitz, Beth 4 30/09/2013 35 17.94 2,205 21 Sharon Aimia Inc. Deferred Share Units Hounsell, Mark 5 30/09/2013 35 17.94 3,165 34 Aimia Inc. Deferred Share Units Laidley, David 4 30/09/2013 35 17.94 44,234 415 Howard Aimia Inc. Deferred Share Units Lips, Jan Pieter 7 30/09/2013 35 17.94 938 10 Aimia Inc. Deferred Share Units Lowell Zea, Michael 5 30/09/2013 35 17.94 3,444 38 Aimia Inc. Deferred Share Units Port, Douglas D. 4 30/09/2013 35 17.94 131 Aimia Inc. Deferred Share Units Port, Douglas D. 4 30/09/2013 35 17.94 131 Aimia Inc. Deferred Share Units Port, Douglas D. 4 30/09/2013 35 17.94 14,046 132 Aimia Inc. Deferred Share Units Rossy, Alan 4 30/09/2013 35 17.94 8,192 77 Aimia Inc. Deferred Share Units SONBERG, Melissa 5 30/09/2013 35 17.94 9,293 101 Aimia Inc. Deferred Share Units Timpano, Vincent 5 30/09/2013 35 17.94 4,375 49 Robert Air Canada Notes 9.250% Senior Air Canada 1 01/06/2010 00 Secured Notes due 2015 Air Canada Notes 9.250% Senior Air Canada 1 26/09/2013 38 1044.6 $557,558,000 $557,558,000 Secured Notes due 2015 Air Canada Notes 9.250% Senior Air Canada 1 26/09/2013 38 1044.6 $0 - Secured Notes due $557,558,000 2015 Air Canada Notes Notes Air Canada 1 01/06/2010 00 10.125% Senior Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1048.6 $190,792,000 10.125% Senior Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1048.6 $190,792,000 10.125% Senior Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1048.6 - 10.125% Senior $190,792,000 Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1048.6 - 10.125% Senior $190,792,000 Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1048.6 $285,185,000 $285,185,000 10.125% Senior Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1048.6 $0 - 10.125% Senior $285,185,000 Secured Notes due 2015 Air Canada Notes Notes Air Canada 1 01/06/2010 00 12.000% Senior Second Lien Notes due 2016
October 10, 2013 (2013) 36 OSCB 9865
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Air Canada Notes Notes Air Canada 1 26/09/2013 38 1097.5 $285,185,000 12.000% Senior Second Lien Notes due 2016 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1097.5 $285,185,000 12.000% Senior Second Lien Notes due 2016 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1097.5 - 12.000% Senior $285,185,000 Second Lien Notes due 2016 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1097.5 - 12.000% Senior $285,185,000 Second Lien Notes due 2016 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1097.5 $190,792,000 $190,792,000 12.000% Senior Second Lien Notes due 2016 Air Canada Notes Notes Air Canada 1 26/09/2013 38 1097.5 $0 - 12.000% Senior $190,792,000 Second Lien Notes due 2016 Air Canada Deferred Share Units Birks, Thomas 4 01/10/2013 56 44,194 12,000 Air Canada Class A Variable Green, Michael 4 01/10/2013 10 3.65 108,214 5,137 Voting Shares Air Canada Class B Voting Huot, Jean Marc 4 01/10/2013 10 3.64 31,097 2,747 Shares Air Canada Class B Voting Huot, Jean Marc 4 03/10/2013 10 3.64 2,747 Shares Air Canada Class B Voting Huot, Jean Marc 4 03/10/2013 10 3.64 2,747 Shares Air Canada Class A Variable Leonard, Joseph 4 01/10/2013 10 3.65 108,214 5,137 Voting Shares Bernard Air Canada Deferred Share Units Richardson, David I. 4 01/10/2013 56 89,375 2,500 Air Canada Deferred Share Units Romanow, Roy 4 01/10/2013 56 83,250 6,333 Air Canada Notes 7.625% Senior Rovinescu, Calin 4, 5 01/04/2009 00 Secured Notes due 2019 Air Canada Notes 7.625% Senior Rovinescu, Calin 4, 5 26/09/2013 16 1000 $200,000 Secured Notes due 2019 Air Canada Notes 7.625% Senior Rovinescu, Calin 4, 5 26/09/2013 16 1000 $200,000 Secured Notes due 2019 Air Canada Notes 7.625% Senior Rovinescu, Calin 4, 5 26/09/2013 16 1000 $200,000 $200,000 Secured Notes due 2019 Air Canada Deferred Share Units Sorensen, Vagn 4 01/10/2013 56 85,528 3,860 Air Canada Deferred Share Units Verschuren, 4 01/10/2013 56 11,586 5,000 Annette Marie Akita Drilling Ltd. Non-Voting Shares Charlton, Loraine 4 01/10/2013 30 14.95 8,403 117 Akita Drilling Ltd. Non-Voting Shares Coleman, Raymond 5 01/10/2013 30 14.95 3,422 167 Akita Drilling Ltd. Non-Voting Shares Dease, Colin 5 01/10/2013 30 14.95 2,895 167 Akita Drilling Ltd. Non-Voting Shares Eastly, Arthur 4 01/10/2013 30 14.95 5,723 117 Akita Drilling Ltd. Non-Voting Shares Heathcott, Linda A. 4, 6 01/10/2013 30 14.95 17,943 117 Akita Drilling Ltd. Non-Voting Shares Hensel, Fred 5 01/10/2013 30 14.95 9,985 167 Akita Drilling Ltd. Non-Voting Shares Kushner, Craig 5 01/10/2013 30 14.95 10,008 167 Akita Drilling Ltd. Non-Voting Shares Mohan, Harish 4 01/10/2013 30 14.95 4,885 117 Akita Drilling Ltd. Non-Voting Shares Pahl, John 5 01/10/2013 30 14.95 8,391 167 Akita Drilling Ltd. Non-Voting Shares RICHARDSON, 4 01/10/2013 30 14.95 31,487 117 DALE Akita Drilling Ltd. Non-Voting Shares Roth, Murray 5 01/10/2013 30 14.95 48,013 167 Akita Drilling Ltd. Non-Voting Shares Ruud, Karl 5 01/10/2013 30 14.95 38,224 167 Akita Drilling Ltd. Non-Voting Shares Southern, Nancy C. 4, 6 01/10/2013 30 14.95 21,852 117 Akita Drilling Ltd. Non-Voting Shares Southern, Ronald 3, 4, 01/10/2013 30 14.95 31,843 117 D. 6, 5 Akita Drilling Ltd. Non-Voting Shares Spitznagel, Curt 4 01/10/2013 30 14.95 6,443 117 Perry Akita Drilling Ltd. Non-Voting Shares WILSON, Charles 4 01/10/2013 30 14.95 15,817 117 W. Alabama Graphite Options stock options Depatie, Jean 4 22/11/2012 00 25,000 Corp. Alabama Graphite Options stock options Duff, James K. 4 03/09/2013 50 0.35 175,000 25,000 Corp.
October 10, 2013 (2013) 36 OSCB 9866
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Alabama Graphite Options stock options Morita, John Shigeo 4, 5 03/09/2013 50 0.35 125,000 Corp. Alabama Graphite Options stock options Morita, John Shigeo 4, 5 03/09/2013 50 0.35 265,000 140,000 Corp. Alabama Graphite Options stock options Oliver, Douglas H. 5 03/09/2013 50 0.35 345,000 80,000 Corp. Alabama Graphite Options stock options Roda, Harsharn 4, 5 03/09/2013 50 0.35 180,000 Corp. (Ron) S. Alabama Graphite Options stock options Roda, Harsharn 4, 5 03/09/2013 50 0.35 725,000 175,000 Corp. (Ron) S. Alabama Graphite Options stock options Spine, Daniel 4, 5 03/09/2013 50 0.35 925,000 200,000 Corp. AlarmForce Industries Common Shares AlarmForce 1 27/09/2013 38 9.69 5,900 600 Inc. Industries Inc. AlarmForce Industries Common Shares AlarmForce 1 30/09/2013 38 9.85 6,400 500 Inc. Industries Inc. Alberta Oilsands Inc. Common Shares Goodisman, Adrian 4 30/09/2013 10 0.13 5,215,000 215,000 Howard Alberta Oilsands Inc. Options director's Goodisman, Adrian 4 03/10/2013 52 1,347,500 -105,000 and agent's Howard ALDRIN RESOURCE Common Shares More, Johnathan 4, 5 30/09/2013 10 0.115 1,824,500 210,000 CORP. ALDRIN RESOURCE Common Shares More, Johnathan 4, 5 30/09/2013 10 0.12 1,854,500 30,000 CORP. Algonquin Power & Rights Deferred Ball, Christopher 4 30/09/2013 56 6.34 15,391 1,521 Utilities Corp. Share Units James Algonquin Power & Rights Deferred Moore, Kenneth 4 30/09/2013 56 6.34 35,047 3,285 Utilities Corp. Share Units Algonquin Power & Rights Deferred Steeves, George 4 30/09/2013 56 6.34 18,145 1,938 Utilities Corp. Share Units Lester Alimentation Couche- Subordinate Voting Bouchard, Alain 4, 6, 23/09/2013 47 63.71 -108,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Bouchard, Alain 4, 6, 23/09/2013 90 63.71 -108,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Bouchard, Alain 4, 6, 23/09/2013 47 63.71 897,623 -108,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Bouchard, Alain 4, 6, 23/09/2013 90 63.71 108,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Bouchard, Alain 4, 6, 23/09/2013 47 63.71 520,000 108,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Unité d'action différée Bourque, Nathalie 4 25/09/2013 35 63.94 2,395 4 Tard Inc. Alimentation Couche- Unité d'action différée Desrosiers, Roger 4 25/09/2013 35 63.94 9,541 13 Tard Inc. Alimentation Couche- Unité d'action différée Élie, Jean André 4 25/09/2013 35 63.94 9,175 12 Tard Inc. Alimentation Couche- Options Fortin, Richard 4, 6, 02/10/2013 51 10.1 150,000 -200,000 Tard Inc. 7, 5 Alimentation Couche- Subordinate Voting Fortin, Richard 4, 6, 02/10/2013 51 10.1 552,200 200,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Fortin, Richard 4, 6, 04/10/2013 47 66.43 452,200 -100,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Fortin, Richard 4, 6, 30/04/2002 00 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Fortin, Richard 4, 6, 04/10/2013 47 66.43 100,000 100,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Unité d'action différée Fortin, Richard 4, 6, 25/09/2013 35 63.94 3,181 4 Tard Inc. 7, 5 Alimentation Couche- Unité d'action différée Kau, Mélanie 4 30/05/2013 46 59.07 14 Tard Inc. Alimentation Couche- Unité d'action différée Kau, Mélanie 4 30/05/2013 46 59.07 28 Tard Inc. Alimentation Couche- Unité d'action différée Kau, Mélanie 4 30/05/2013 46 59.07 29 Tard Inc. Alimentation Couche- Unité d'action différée Kau, Mélanie 4 30/05/2013 46 59.07 16,877 29 Tard Inc. Alimentation Couche- Unité d'action différée Kau, Mélanie 4 25/09/2013 35 63.94 17,348 24 Tard Inc. Alimentation Couche- Options Plourde, Réal 4, 6, 27/09/2013 51 10.1 150,000 -200,000 Tard Inc. 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 27/09/2013 10 65.01 200,000 Tard Inc. Shares Catégorie B 7, 5
October 10, 2013 (2013) 36 OSCB 9867
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 27/09/2013 51 65.01 200,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 27/09/2013 51 10.1 1,543,600 200,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 27/09/2013 47 65.01 1,493,600 -50,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 30/09/2013 47 65.01 -50,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 30/04/2002 00 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 30/04/2002 00 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Plourde, Réal 4, 6, 27/09/2013 47 65.01 50,000 50,000 Tard Inc. Shares Catégorie B 7, 5 Alimentation Couche- Subordinate Voting Rabinowicz, Daniel 5 25/09/2013 00 310 Tard Inc. Shares Catégorie B Alimentation Couche- Unité d'action différée Turmel, Jean 4 25/09/2013 35 63.94 28,082 38 Tard Inc. Allana Potash Corp. Common Shares Abasov, Farhad 4, 5 01/10/2013 30 0.45 1,545,000 112,500 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Abba Biya, Nejib 5 01/10/2013 30 0.45 168,750 56,250 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Battiston, Deborah 5 01/10/2013 30 0.45 156,250 18,750 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Davies, Brianna 5 01/10/2013 30 0.45 156,250 18,750 (formerly Allana Kirsten Resources Inc.) Allana Potash Corp. Common Shares Kelertas, Richard 5 02/10/2013 30 0.45 144,250 37,500 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Lacroix, Richard 4 01/10/2013 30 0.45 145,000 15,000 (formerly Allana Joseph Resources Inc.) Allana Potash Corp. Common Shares Liberty Metals & 3 01/10/2013 46 0.45 38,481,353 11,250 (formerly Allana Mining Holdings, Resources Inc.) LLC Allana Potash Corp. Common Shares Mackenzie, Lewis 4 01/10/2013 30 0.45 33,750 11,250 (formerly Allana Wharton Resources Inc.) Allana Potash Corp. Common Shares MacLean, Peter 5 01/10/2013 30 0.45 518,750 56,250 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares SCOTT, JOHN 5 01/10/2013 30 0.45 206,750 56,250 (formerly Allana EDWARD Resources Inc.) Allana Potash Corp. Common Shares Stauffer, Mark D. 4 13/01/2010 00 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Stauffer, Mark D. 4 01/10/2013 30 0.45 11,250 11,250 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Walters, Diana 4, 6 01/04/2013 46 0.46 38,458,853 11,250 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Walters, Diana 4, 6 02/07/2013 46 0.48 38,470,103 11,250 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Walters, Diana 4, 6 01/10/2013 46 0.45 38,481,353 11,250 (formerly Allana Resources Inc.) Allana Potash Corp. Common Shares Wilkinson, Jason 5 01/10/2013 30 0.45 112,500 37,500 (formerly Allana Resources Inc.) Alliance Grain Traders Common Shares Al-Katib, Murad 4, 5 01/10/2013 30 15.124 135,033 793 Inc. Alliance Grain Traders Common Shares Al-Katib, Murad 4, 5 01/10/2013 30 15.124 135,430 397 Inc.
October 10, 2013 (2013) 36 OSCB 9868
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Alliance Grain Traders Common Shares Bourassa, Gaetan 5 01/10/2013 10 15.124 39,826 595 Inc. Michael Alliance Grain Traders Common Shares Bourassa, Gaetan 5 01/10/2013 10 15.124 40,124 298 Inc. Michael Alliance Grain Traders Common Shares Ireland, Lori Ann 5 01/10/2013 10 15.124 19,258 182 Inc. Alliance Grain Traders Common Shares Ireland, Lori Ann 5 01/10/2013 10 15.124 19,349 91 Inc. AltaGas Ltd. Options at $36.61 Thakur, Joy 5 01/10/2013 00 25,000 expiring October 1, Sumanan 2023 AltaGas Ltd. Rights Restricted Thakur, Joy 5 01/10/2013 00 9,000 Units (RU) Sumanan Altitude Resources Common Shares Wusaty, Eugene 3, 4 26/09/2013 10 0.54 7,181,600 1,000 Inc. (formerly Triumph Ventures III Corporation) Altitude Resources Common Shares Wusaty, Eugene 3, 4 26/09/2013 10 0.55 7,184,600 3,000 Inc. (formerly Triumph Ventures III Corporation) Altius Minerals Common Shares Altius Minerals 1 30/09/2013 10 10.999 71,300 71,300 Corporation Corporation Altius Minerals Common Shares Altius Minerals 1 03/10/2013 38 0 -71,300 Corporation Corporation Altius Minerals Common Shares Baker, John 4 30/09/2013 51 5.6 540,300 25,000 Corporation Altius Minerals Common Shares Baker, John 4 30/09/2013 90 515,300 -25,000 Corporation Altius Minerals Common Shares Baker, John 4 30/09/2013 90 75,000 25,000 Corporation Altius Minerals Options Baker, John 4 30/09/2013 51 25,000 -25,000 Corporation Amaya Gaming Group Common Shares Gadhia, Dave 4 25/09/2013 10 6.99 35,000 5,000 Inc. American Vanadium Common Shares Dundee Corporation 3 30/09/2013 00 Corp. American Vanadium Common Shares Dundee Corporation 3 30/09/2013 11 0.5 6,000,000 6,000,000 Corp. American Vanadium Warrants Dundee Corporation 3 30/09/2013 00 403,226 Corp. American Vanadium Warrants Dundee Corporation 3 30/09/2013 00 Corp. American Vanadium Warrants Dundee Corporation 3 30/09/2013 11 0.6 3,000,000 3,000,000 Corp. American Vanadium Warrants Dundee Corporation 3 30/09/2013 11 0.8 6,000,000 3,000,000 Corp. American Vanadium Common Shares Whalen, Brett 4 30/09/2013 00 Corp. Alexander American Vanadium Common Shares Whalen, Brett 4 30/09/2013 00 Corp. Alexander American Vanadium Common Shares Whalen, Brett 4 30/09/2013 11 0.6 250,000 Corp. Alexander American Vanadium Common Shares Whalen, Brett 4 30/09/2013 11 0.6 250,000 Corp. Alexander American Vanadium Common Shares Whalen, Brett 4 30/09/2013 00 Corp. Alexander American Vanadium Common Shares Whalen, Brett 4 30/09/2013 11 0.5 500,000 500,000 Corp. Alexander American Vanadium Warrants Whalen, Brett 4 30/09/2013 00 Corp. Alexander American Vanadium Warrants Whalen, Brett 4 30/09/2013 11 250,000 250,000 Corp. Alexander American Vanadium Warrants Whalen, Brett 4 30/09/2013 11 500,000 250,000 Corp. Alexander Amica Mature Common Shares Halliwell, Colin 5 14/09/2011 10 7.43 200 Lifestyles Inc. Amica Mature Common Shares Halliwell, Colin 5 15/09/2011 10 7.4 500 Lifestyles Inc. Amica Mature Common Shares Halliwell, Colin 5 14/09/2011 10 7.43 1,819 200 Lifestyles Inc. Amica Mature Common Shares Halliwell, Colin 5 15/09/2011 10 7.4 2,319 500 Lifestyles Inc. Anaconda Mining Inc. Common Shares Lawrick, Victor 4 26/09/2013 10 0.085 10,770,749 -103,000 Lewis
October 10, 2013 (2013) 36 OSCB 9869
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed AndeanGold Ltd. Common Shares CIALI, ANTHONY 4, 5 25/09/2013 10 0.045 1,455,567 8,000 FRANCIS AndeanGold Ltd. Common Shares CIALI, ANTHONY 4, 5 01/10/2013 10 0.045 1,460,567 5,000 FRANCIS Aquila Resources Inc. Common Shares Hildred, David 5 02/10/2013 46 0.091 1,260,342 110,492 Barrett ARC Resources Ltd. Common Shares Billesberger, Jay 5 16/09/2013 30 3,137 915 ARC Resources Ltd. Common Shares Billesberger, Jay 5 16/09/2013 30 3,219 82 ARC Resources Ltd. Common Shares Calder, Sean Ross 5 16/09/2013 30 942 68 Allen ARC Resources Ltd. Common Shares Dafoe, P. Van R. 5 16/09/2013 30 3,072 1,373 ARC Resources Ltd. Common Shares Dafoe, P. Van R. 5 16/09/2013 30 3,157 85 ARC Resources Ltd. Common Shares Dielwart, John 4 04/10/2013 30 57,711 2,282 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 12/02/2013 97 18,092 935 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 03/10/2013 30 18,748 656 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 01/01/2011 00 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 19/07/2013 97 1,041 1,041 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 04/10/2013 30 1,049 8 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 03/10/2013 30 1,765 58 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 12/02/2013 97 144,309 -935 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 19/07/2013 97 149,839 1,530 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 03/10/2013 30 154,719 5,510 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 19/07/2013 97 0 -1,530 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 19/07/2013 97 0 -1,041 Patrick ARC Resources Ltd. Deferred Share Units Dielwart, John 4 30/09/2013 56 2,797 1,888 (DSU) (Cash based Patrick only) ARC Resources Ltd. Deferred Share Units Dyment, Fred J. 4 30/09/2013 56 13,762 1,157 (DSU) (Cash based only) ARC Resources Ltd. Common Shares Gill, Terrence Nigel 5 16/09/2013 30 18,083 2,860 ARC Resources Ltd. Common Shares Gill, Terrence Nigel 5 16/09/2013 30 18,535 452 ARC Resources Ltd. Common Shares Groeneveld, Neil 5 16/09/2013 30 5,063 1,430 Adrian ARC Resources Ltd. Common Shares Groeneveld, Neil 5 16/09/2013 30 5,193 130 Adrian ARC Resources Ltd. Deferred Share Units Hearn, Timothy 4 30/09/2013 56 9,525 1,216 (DSU) (Cash based James only) ARC Resources Ltd. Deferred Share Units Houck, James 4 30/09/2013 56 14,795 1,367 (DSU) (Cash based Curtis only) ARC Resources Ltd. Common Shares Kramer, Cameron 5 16/09/2013 30 5,288 2,288 ARC Resources Ltd. Common Shares Kramer, Cameron 5 16/09/2013 30 5,436 148 ARC Resources Ltd. Deferred Share Units Kvisle, Harold N. 4 30/09/2013 56 18,753 1,618 (DSU) (Cash based only) ARC Resources Ltd. Common Shares Lentz, Wayne 5 16/09/2013 30 8,971 2,860 ARC Resources Ltd. Common Shares Lentz, Wayne 5 16/09/2013 30 9,218 247 ARC Resources Ltd. Common Shares Nielsen, Karen Ann 5 03/09/2013 00 ARC Resources Ltd. Common Shares Nielsen, Karen Ann 5 16/09/2013 30 71 71 ARC Resources Ltd. Deferred Share Units O'Neill, Kathleen M. 4 30/09/2013 56 16,206 1,780 (DSU) (Cash based only) ARC Resources Ltd. Deferred Share Units Pinder, Herbert 4 30/09/2013 56 24,050 2,103 (DSU) (Cash based only) ARC Resources Ltd. Common Shares Roberts, Allan Ross 5 16/09/2013 30 1,322 572 ARC Resources Ltd. Common Shares Roberts, Allan Ross 5 16/09/2013 30 1,359 37 ARC Resources Ltd. Common Shares Stadnyk, Myron 4, 5 16/09/2013 30 12,492 2,380 Maurice ARC Resources Ltd. Common Shares Stadnyk, Myron 4, 5 16/09/2013 30 12,811 319 Maurice
October 10, 2013 (2013) 36 OSCB 9870
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed ARC Resources Ltd. Deferred Share Units Van Wielingen, Mac 4 30/09/2013 56 45,614 3,991 (DSU) (Cash based Howard only) Arctic Hunter Energy Common Shares Coupland, Timothy 4, 5 02/10/2013 10 0.055 1,066,500 9,000 Inc. Andrew Arctic Hunter Energy Common Shares Coupland, Timothy 4, 5 02/10/2013 11 0.06 1,166,500 100,000 Inc. Andrew Argex Titanium Inc. Options Bergeron, Normand 4 21/09/2013 50 1.08 250,000 Argex Titanium Inc. Options Bergeron, Normand 4 21/09/2013 50 1.08 600,000 250,000 Argex Titanium Inc. Common Shares Rais, Florian 4 27/06/2013 00 Argex Titanium Inc. Common Shares Rais, Florian 4 01/10/2013 90 200,000 200,000 Argex Titanium Inc. Common Shares Rais, Florian 4 01/10/2013 90 0 -200,000 ARMISTICE Common Shares Gibson, Gregory 4, 5 01/10/2013 00 300,000 RESOURCES CORP. Arsenal Energy Inc. Common Shares Forth, Ronald 5 06/08/2013 37 161,490 -1,453,316 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 06/08/2013 37 1,232,000 -108,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 06/08/2013 37 1,043,000 -189,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 06/08/2013 37 827,000 -216,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 06/08/2013 37 764,000 -63,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 06/08/2013 37 548,000 -216,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 06/08/2013 52 88,000 -460,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 27/09/2013 59 3.75 -16,000 Francis Carter Arsenal Energy Inc. Options Forth, Ronald 5 27/09/2013 59 3.75 -72,000 -160,000 Francis Carter Arsenal Energy Inc. Common Shares Hews, William 4 06/08/2013 37 4,850 -43,650 Charles Arsenal Energy Inc. Common Shares Hews, William 4 06/08/2013 37 59,182 -532,646 Charles Arsenal Energy Inc. Common Shares Hews, William 4 06/08/2013 37 75,834 -682,511 Charles Arsenal Energy Inc. Options Hews, William 4 06/08/2013 37 -369,000 Charles Arsenal Energy Inc. Options Hews, William 4 06/08/2013 37 -369,000 Charles Arsenal Energy Inc. Options LAWRENCE, JOHN 5 30/09/2013 59 102,000 -21,000 PAUL Arsenal Energy Inc. Options Petrie, Derek 4 06/08/2013 37 10,000 -90,000 Arsenal Energy Inc. Common Shares Sawatzky, Kent 5 02/10/2013 10 4.8 24,649 3,600 Lambert Arsenal Energy Inc. Options Taylor, Gjoa 5 26/09/2013 59 3.75 93,000 -8,000 Artis Real Estate Options Martens, Armin 4, 5 01/10/2013 51 13.3 -45,000 Investment Trust Artis Real Estate Options Martens, Armin 4, 5 01/10/2013 51 13.3 -45,000 Investment Trust Artis Real Estate Options Martens, Armin 4, 5 01/10/2013 51 13.3 837,499 -45,000 Investment Trust Artis Real Estate Options Martens, Armin 4, 5 01/10/2013 51 13.44 822,499 -15,000 Investment Trust Artis Real Estate Units Martens, Armin 4, 5 01/10/2013 51 13.3 154,637 45,000 Investment Trust Artis Real Estate Units Martens, Armin 4, 5 01/10/2013 51 13.44 169,637 15,000 Investment Trust Artis Real Estate Units Martens, Armin 4, 5 03/10/2013 47 14.33 153,637 -16,000 Investment Trust Asher Resources Common Shares Arnold, John Martin 4 27/08/2012 10 0.25 -100,000 Corporation Asher Resources Common Shares Arnold, John Martin 4 27/08/2013 10 0.25 10,000 -100,000 Corporation Asher Resources Common Shares Buzbuzian, Richard 3, 4, 26/09/2013 11 0.27 709,000 -120,000 Corporation 5 Asher Resources Common Shares Buzbuzian, Richard 3, 4, 26/09/2013 10 0.27 786,500 77,500 Corporation 5
October 10, 2013 (2013) 36 OSCB 9871
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Aston Bay Holdings Common Shares Cox, Benjamin 4, 5 26/09/2013 10 0.165 1,956,000 2,500 Ltd. (formerly Escudo Capital Corporation) Aston Bay Holdings Common Shares Cox, Benjamin 4, 5 26/09/2013 10 0.16 1,958,000 2,000 Ltd. (formerly Escudo Capital Corporation) Aston Hill Financial Common Shares Calvin, Bruce 4 01/10/2013 10 1.2 75,000 25,000 Inc. Aston Hill Financial Common Shares Titley, Larry William 5 26/09/2013 51 0.32 310,683 33,333 Inc. Aston Hill Financial Common Shares Titley, Larry William 5 26/09/2013 10 1.25 277,683 -33,000 Inc. Aston Hill Financial Common Shares Titley, Larry William 5 26/09/2013 10 1.24 277,350 -333 Inc. Aston Hill Financial Options Titley, Larry William 5 26/09/2013 51 0.32 490,766 -33,333 Inc. Astorius Resources Common Shares Arbutus Enterprises 3 30/09/2013 10 0.06 1,932,500 35,000 Ltd. Ltd. Astorius Resources Common Shares Arbutus Enterprises 3 02/10/2013 10 0.06 1,933,500 1,000 Ltd. Ltd. Astorius Resources Common Shares Powell, Theodore 4, 6, 30/09/2013 10 0.06 1,917,500 35,000 Ltd. James Malcolm 5 Astorius Resources Common Shares Powell, Theodore 4, 6, 02/10/2013 10 0.06 1,918,500 1,000 Ltd. James Malcolm 5 Athabasca Minerals Options Rousseau, 4 28/09/2013 51 0.26 66,667 -50,000 Inc. Theodore Joseph Alfred Athabasca Minerals Options Rousseau, 4 28/09/2013 51 0.63 16,667 -50,000 Inc. Theodore Joseph Alfred Athabasca Oil Common Shares Harding, Jason 5 01/10/2013 90 230,917 50,000 Corporation Robert Athabasca Oil Common Shares Harding, Jason 5 01/10/2013 90 39,583 -50,000 Corporation Robert Atlantic Power Deferred Share Units Duncan, Richard 4 30/09/2013 56 15,253 3,227 Corporation Foster Atlantic Power Deferred Share Units Duncan, Richard 4 30/09/2013 30 15,488 235 Corporation Foster Atlantic Power Deferred Share Units Gerstein, Irving 4 30/09/2013 56 2,473 587 Corporation Atlantic Power Deferred Share Units HARTWICK, 4 30/09/2013 56 77,302 3,814 Corporation KENNETH Atlantic Power Deferred Share Units HARTWICK, 4 30/09/2013 56 77,537 235 Corporation KENNETH Atlantic Power Deferred Share Units Ladhani, Holli 4 30/09/2013 56 17,055 235 Corporation Atlantic Power Deferred Share Units Ladhani, Holli 4 30/09/2013 56 20,429 3,374 Corporation Atlantic Power Deferred Share Units McNeil, John 4 30/09/2013 56 2,473 587 Corporation Alexander Atrium Innovations Common Shares Atrium Innovations 1 03/09/2013 38 16.5 12,000 2,100 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 03/09/2013 38 16.7 13,000 1,000 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 03/09/2013 38 16.72 14,000 1,000 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 03/09/2013 38 8,100 -5,900 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 04/09/2013 38 16.4 9,300 1,200 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 04/09/2013 38 16.45 10,100 800 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 04/09/2013 38 8,200 -1,900 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 05/09/2013 38 16.2 8,700 500 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 05/09/2013 38 16.27 9,500 800 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 05/09/2013 38 16.33 10,000 500 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 05/09/2013 38 16.35 10,700 700 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 05/09/2013 38 16.36 11,400 700 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 05/09/2013 38 16.4 13,400 2,000 Inc. inc.
October 10, 2013 (2013) 36 OSCB 9872
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Atrium Innovations Common Shares Atrium Innovations 1 06/09/2013 38 16.15 14,600 1,200 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 06/09/2013 38 8,400 -6,200 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 10/09/2013 38 1,200 -7,200 Inc. inc. Atrium Innovations Common Shares Atrium Innovations 1 11/09/2013 38 0 -1,200 Inc. inc. Augusta Industries Common Shares LONE, ALLEN 3, 4, 03/10/2013 10 0.035 1,911,500 2,000 Inc. (formerly Fiber 6, 5 Optic Systems Technology, Inc.) Aurcana Corporation Warrants Rodriguez, Lenic 4 10/08/2007 00 Manuel Aurcana Corporation Warrants Rodriguez, Lenic 4 26/09/2013 53 1,000,000 1,000,000 Manuel AuRico Gold Inc. Common Shares Chausse, Robert 5 30/09/2013 10 25000 25,000 Joseph AuRico Gold Inc. Common Shares Chausse, Robert 5 30/09/2013 10 25000 25,000 Joseph AuRico Gold Inc. Common Shares Chausse, Robert 5 30/09/2013 10 4 43,479 25,000 Joseph Automodular Common Shares Automodular 1 03/09/2013 38 1.96 20,427,379 33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 03/09/2013 38 1.96 20,393,679 -33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 04/09/2013 38 1.97 20,397,979 4,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 04/09/2013 38 1.97 20,393,679 -4,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 04/09/2013 38 1.96 20,395,479 1,800 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 04/09/2013 38 1.96 20,393,679 -1,800 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 05/09/2013 38 1.96 20,397,179 3,500 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 05/09/2013 38 1.96 20,393,679 -3,500 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 05/09/2013 38 1.97 20,396,279 2,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 05/09/2013 38 1.97 20,393,679 -2,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 06/09/2013 38 1.97 20,395,679 2,000 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 06/09/2013 38 1.97 20,393,679 -2,000 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 06/09/2013 38 1.98 20,425,379 31,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 06/09/2013 38 1.98 20,393,679 -31,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 09/09/2013 38 1.98 20,397,979 4,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 09/09/2013 38 1.98 20,393,679 -4,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 10/09/2013 38 1.99 20,427,379 33,700 Corporation (formerly Corporation Algonquin Mercantile)
October 10, 2013 (2013) 36 OSCB 9873
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Automodular Common Shares Automodular 1 10/09/2013 38 1.99 20,393,679 -33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 11/09/2013 38 1.97 20,427,379 33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 11/09/2013 38 1.97 20,393,679 -33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 12/09/2013 38 1.98 20,427,379 33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 12/09/2013 38 1.98 20,393,679 -33,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 13/09/2013 38 1.93 20,398,379 4,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 13/09/2013 38 1.93 20,393,679 -4,700 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 13/09/2013 38 1.99 20,397,979 4,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 13/09/2013 38 1.99 20,393,679 -4,300 Corporation (formerly Corporation Algonquin Mercantile) Avcorp Industries Inc. Options Monterosso, Josie 5 26/08/2013 38 0 -730,500 Avigilon Corporation Common Shares Jaako, Harry 4 02/10/2013 47 18.85 61,700 -300 B2Gold Corp. Common Shares Craig, Dale Alton 5 04/10/2013 10 2.4 85,700 -8,500 BacTech Common Shares Orr, Murray Ross 7 01/10/2013 10 0.08 1,036,500 5,000 Environmental Corporation Ballard Power Units Deferred Share Bourne, Ian 4 30/09/2013 46 1.81 171,893 9,668 Systems Inc. Units Alexander Ballard Power Units Deferred Share Hayhurst, Douglas 4 30/09/2013 46 1.81 58,370 8,977 Systems Inc. Units Palmer Ballard Power Units Deferred Share Kilroy, Edwin 4 30/09/2013 46 1.81 110,119 6,906 Systems Inc. Units Joseph Ballard Power Units Deferred Share Stephenson, Carol 4 30/09/2013 46 1.81 68,180 10,359 Systems Inc. Units M. Ballard Power Units Deferred Share Sutcliffe, David B. 4 30/09/2013 46 1.81 91,420 5,524 Systems Inc. Units Ballard Power Units Deferred Share Sutcliffe, Ian 4 04/06/2013 00 Systems Inc. Units Douglas Ballard Power Units Deferred Share Sutcliffe, Ian 4 30/09/2013 46 1.81 5,524 5,524 Systems Inc. Units Douglas Bankers Petroleum Common Shares Beveridge, Bruce 5 30/09/2013 30 3.77 392 Ltd. Bankers Petroleum Common Shares Beveridge, Bruce 5 30/09/2013 30 3.77 392 Ltd. Bankers Petroleum Common Shares Beveridge, Bruce 5 30/09/2013 30 3.77 392 392 Ltd. Bankers Petroleum Rights ESPP Right Beveridge, Bruce 5 09/09/2013 00 Ltd. Bankers Petroleum Rights ESPP Right Beveridge, Bruce 5 30/09/2013 30 3.77 392 392 Ltd. Bankers Petroleum Common Shares Carss, Robert 5 30/09/2013 30 3.37 6,103 1,796 Ltd. Bankers Petroleum Rights ESPP Right Carss, Robert 5 30/09/2013 30 3.37 6,103 1,796 Ltd. Bankers Petroleum Options Clark, Wesley 4 29/06/2013 52 366,000 -150,000 Ltd. Kanne Bankers Petroleum Common Shares Cobo, Leonidha 7 30/09/2013 30 3.37 50,108 2,021 Ltd. Bankers Petroleum Rights ESPP Right Cobo, Leonidha 7 30/09/2013 30 3.37 6,886 2,021 Ltd. Bankers Petroleum Common Shares French, David 5 30/09/2013 30 3.37 88,538 3,743 Ltd. Bankers Petroleum Rights ESPP Right French, David 5 30/09/2013 30 3.37 9,038 3,743 Ltd. Bankers Petroleum Common Shares Gupta, Suneel 7, 5 30/09/2013 30 3.37 242,561 2,470 Ltd. Krishan
October 10, 2013 (2013) 36 OSCB 9874
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Bankers Petroleum Rights ESPP Right Gupta, Suneel 7, 5 30/09/2013 30 3.37 8,394 2,470 Ltd. Krishan Bankers Petroleum Common Shares Hodgson, Mark 5 30/09/2013 30 3.37 9,704 1,797 Ltd. Alan Bankers Petroleum Rights ESPP Right Hodgson, Mark 5 30/09/2013 30 3.37 6,104 1,797 Ltd. Alan Bankers Petroleum Options Knoll, Phillip R. 4 29/06/2013 52 344,000 -100,000 Ltd. Bankers Petroleum Common Shares Nardone, Craig 5 30/09/2013 30 3.37 23,408 1,984 Ltd. Donaldson Bankers Petroleum Rights ESPP Right Nardone, Craig 5 30/09/2013 30 3.37 6,741 1,984 Ltd. Donaldson Bankers Petroleum Options Pawluk, Richard 5 14/08/2013 52 110,500 -50,000 Ltd. Walter Bankers Petroleum Common Shares URCH, Douglas 5 30/09/2013 30 3.37 678,505 2,470 Ltd. Charles Bankers Petroleum Rights ESPP Right URCH, Douglas 5 30/09/2013 30 3.37 8,394 2,470 Ltd. Charles Barker Minerals Ltd. Common Shares Campbell, Karen 3 27/09/2013 97 0.045 17,320,238 -150,000 Barker Minerals Ltd. Common Shares Campbell, Leroy 3 27/09/2013 97 0.045 17,493,989 -150,000 Barkerville Gold Mines Common Shares Pike, Catherine 5 16/04/2013 00 1,000 Ltd. Lorraine Barkerville Gold Mines Options Pike, Catherine 5 16/04/2013 00 29,980 Ltd. Lorraine Barrick Gold Rights Deferred Beck, Howard 4 30/09/2013 56 18.53 46,680 2,698 Corporation Share Units (cash Leighton settled) Barrick Gold Rights Deferred Beck, Howard 4 30/09/2013 30 17.72 46,805 125 Corporation Share Units (cash Leighton settled) Barrick Gold Rights Deferred Birchall, Charles 4, 5 30/09/2013 56 17.72 12 Corporation Share Units (cash William David settled) Barrick Gold Rights Deferred Birchall, Charles 4, 5 30/09/2013 56 17.72 12 Corporation Share Units (cash William David settled) Barrick Gold Rights Deferred Birchall, Charles 4, 5 30/09/2013 30 17.72 4,163 12 Corporation Share Units (cash William David settled) Barrick Gold Rights Deferred CARTY, DONALD 4 30/09/2013 56 18.53 38,204 2,699 Corporation Share Units (cash settled) Barrick Gold Rights Deferred CARTY, DONALD 4 30/09/2013 30 17.72 38,304 100 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Cisneros, Gustavo 4 30/09/2013 56 18.53 46,312 2,699 Corporation Share Units (cash Alfredo settled) Barrick Gold Rights Deferred Cisneros, Gustavo 4 30/09/2013 30 17.72 46,435 123 Corporation Share Units (cash Alfredo settled) Barrick Gold Rights Deferred Franklin, Robert 4 30/09/2013 56 18.53 20,892 1,484 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Franklin, Robert 4 30/09/2013 30 17.72 20,946 54 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Harvey, Joseph 4 30/09/2013 56 18.53 21,162 1,484 Corporation Share Units (cash Brett settled) Barrick Gold Rights Deferred Harvey, Joseph 4 30/09/2013 30 17.72 21,218 56 Corporation Share Units (cash Brett settled) Barrick Gold Rights Deferred Moyo, Dambisa 4 30/09/2013 56 18.53 8,822 1,483 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Moyo, Dambisa 4 30/09/2013 30 17.72 8,843 21 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Munk, Anthony 4 30/09/2013 56 18.53 35,129 2,698 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Munk, Anthony 4 30/09/2013 30 17.72 35,221 92 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Shapiro, Steven J. 4 30/09/2013 56 18.53 23,299 1,484 Corporation Share Units (cash settled)
October 10, 2013 (2013) 36 OSCB 9875
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Barrick Gold Rights Deferred Shapiro, Steven J. 4 30/09/2013 30 17.72 23,361 62 Corporation Share Units (cash settled) Barrick Gold Rights Deferred Thornton, John 4, 5 30/09/2013 30 17.72 1,094 3 Corporation Share Units (cash Lawson settled) Baytex Energy Corp. Common Shares Anderson, Daniel 5 01/10/2013 57 41.27 8,917 3,373 Greg Baytex Energy Corp. Common Shares Anderson, Daniel 5 01/10/2013 30 41.67 7,844 -1,073 Greg Baytex Energy Corp. Common Shares Anderson, Daniel 5 01/10/2013 57 41.27 8,929 1,085 Greg Baytex Energy Corp. Common Shares Anderson, Daniel 5 01/10/2013 30 41.67 8,583 -346 Greg Baytex Energy Corp. Performance Awards Anderson, Daniel 5 01/10/2013 57 41.27 11,313 -1,507 Greg Baytex Energy Corp. Restricted Awards Anderson, Daniel 5 01/10/2013 57 41.27 6,688 -959 Greg Baytex Energy Corp. Common Shares Arthur, Kendall 5 01/10/2013 57 42.83 4,299 361 Douglas Baytex Energy Corp. Common Shares Arthur, Kendall 5 01/10/2013 30 42.87 4,188 -111 Douglas Baytex Energy Corp. Common Shares Arthur, Kendall 5 01/10/2013 57 42.83 4,287 99 Douglas Baytex Energy Corp. Common Shares Arthur, Kendall 5 01/10/2013 30 42.87 4,256 -31 Douglas Baytex Energy Corp. Performance Awards Arthur, Kendall 5 01/10/2013 57 42.83 8,050 -162 Douglas Baytex Energy Corp. Restricted Awards Arthur, Kendall 5 01/10/2013 57 42.83 6,284 -87 Douglas Baytex Energy Corp. Common Shares Bowzer, James Lee 5 01/10/2013 57 42.83 28,796 28,353 Baytex Energy Corp. Common Shares Bowzer, James Lee 5 01/10/2013 30 42.87 20,045 -8,751 Baytex Energy Corp. Common Shares Bowzer, James Lee 5 01/10/2013 57 42.83 23,603 3,558 Baytex Energy Corp. Common Shares Bowzer, James Lee 5 01/10/2013 30 42.87 22,505 -1,098 Baytex Energy Corp. Performance Awards Bowzer, James Lee 5 01/10/2013 57 42.83 82,667 -13,333 Baytex Energy Corp. Restricted Awards Bowzer, James Lee 5 01/10/2013 57 42.83 20,667 -3,333 Baytex Energy Corp. Common Shares Brussa, John Albert 4 03/10/2013 51 6.63 312,547 15,000 Baytex Energy Corp. Incentive Rights Brussa, John Albert 4 03/10/2013 51 6.63 8,000 -15,000 Baytex Energy Corp. Common Shares Melchin, Gregory 4 02/10/2013 57 6.63 33,735 11,500 Knowles Baytex Energy Corp. Common Shares Melchin, Gregory 4 02/10/2013 47 42.275 31,235 -2,500 Knowles Baytex Energy Corp. Common Shares Melchin, Gregory 4 02/10/2013 10 42.275 27,955 -3,280 Knowles Baytex Energy Corp. Incentive Rights Melchin, Gregory 4 02/10/2013 57 17.97 8,000 -11,500 Knowles BCE Inc. Share Units Allen, Barry Keith 4 30/09/2013 56 44.02 10,433 497 BCE Inc. Share Units Bérard, André 4 30/09/2013 56 44.02 57,898 944 BCE Inc. Share Units Brenneman, Ron A. 4 30/09/2013 56 44.02 45,555 639 BCE Inc. Share Units Brochu, Sophie 4 30/09/2013 56 44.02 15,753 994 BCE Inc. Share Units Brown, Robert Ellis 4 30/09/2013 56 44.02 10,306 568 BCE Inc. Common Shares Cope, George 7 25/09/2013 10 44.425 87,142 -40,500 BCE Inc. Common Shares Cope, George 7 26/09/2013 10 44.399 27,642 -59,500 BCE Inc. Share Units Denison, David 4 30/09/2013 56 44.02 3,712 1,077 Francis BCE Inc. Share Units Fell, Anthony S. 4 30/09/2013 56 44.02 57,898 944 BCE Inc. Share Units Greenberg, Ian 4 05/07/2013 00 BCE Inc. Share Units Greenberg, Ian 4 30/09/2013 56 44.02 869 869 BCE Inc. Share Units Lumley, Edward C. 4 30/09/2013 56 44.02 41,921 501 BCE Inc. Share Units O'Neill, Thomas 4 30/09/2013 56 44.02 41,654 1,988 Charles BCE Inc. Share Units Prentice, Peter Eric 4 30/09/2013 56 44.02 8,351 909 James BCE Inc. Share Units Simmonds, Robert 4 30/09/2013 56 44.02 10,071 994 BCE Inc. Share Units Taylor, Carole S. 4 30/09/2013 56 44.02 7,120 497 BCE Inc. Share Units Weiss, Paul 4 30/09/2013 56 44.02 22,795 639 Raymond Bell Aliant Inc. Equity Swap Bell Aliant Regional 2 30/09/2013 70 25.676 875,887 15,896 (Common Shares) Communications, Limited Partnership Bell Aliant Inc. Equity Swap #2 Bell Aliant Regional 2 30/09/2013 70 25.676 287,781 5,224 (common shares) Communications, Limited Partnership Bell Aliant Inc. Equity Swap #3 Bell Aliant Regional 2 30/09/2013 70 25.676 259,000 4,700 (common shares) Communications, Limited Partnership
October 10, 2013 (2013) 36 OSCB 9876
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Bell Aliant Inc. Equity Swap #4 Bell Aliant Regional 2 30/09/2013 70 25.676 155,415 2,821 Communications, Limited Partnership Bell Aliant Inc. Rights Deferred Bell, Mary-Ann 5 30/09/2013 30 25.676 91,822 1,668 Share Units (Employee) Bell Aliant Inc. Rights Deferred Crooks, Frederick 5 30/09/2013 30 25.676 119,519 2,170 Share Units (Employee) Bell Aliant Inc. Rights Deferred Dexter, Robert P. 4 30/09/2013 30 25.676 16,734 304 Share Units (Director) Bell Aliant Inc. Rights Deferred Dexter, Robert P. 4 30/09/2013 56 25.676 18,438 1,704 Share Units (Director) Bell Aliant Inc. Rights Deferred Hartlen, Charles 5 30/09/2013 30 25.676 98,052 1,780 Share Units (Employee) Bell Aliant Inc. Rights Deferred LeBlanc, Glen 5 30/09/2013 30 25.676 183,511 3,333 Share Units (Employee) Bell Aliant Inc. Rights Deferred MacGregor, 5 30/09/2013 30 25.676 58,779 1,068 Share Units Roderick (Employee) Bell Aliant Inc. Rights Deferred McKeen, Daniel 5 30/09/2013 30 25.676 58,137 1,056 Share Units (Employee) Bell Aliant Inc. Rights DSUP McKeen, Daniel 5 30/09/2013 30 25.676 3,243 59 (employee) Bell Aliant Inc. Rights Deferred Reevey, Edward 4 30/09/2013 30 25.676 8,958 163 Share Units (Director) Bell Aliant Inc. Rights Deferred Reevey, Edward 4 30/09/2013 56 25.676 11,246 2,288 Share Units (Director) Bell Aliant Inc. Rights Deferred Sheriff, Karen 5 30/09/2013 30 25.676 239,842 4,355 Share Units (Employee) Bell Aliant Inc. Rights Deferred Sheriff, Karen 5 30/09/2013 30 25.68 203,507 -36,335 Share Units (Employee) Bell Aliant Inc. Rights Deferred Tanguay, Louis A. 4 30/09/2013 30 25.676 7,205 131 Share Units (Director) Bell Aliant Inc. Rights Deferred Tanguay, Louis A. 4 30/09/2013 56 25.676 7,558 353 Share Units (Director) Bell Aliant Inc. Rights Deferred Wells, David 4 30/09/2013 30 25.676 2,760 50 Share Units (Director) Bell Aliant Inc. Rights Deferred Wells, David 4 30/09/2013 56 25.676 4,172 1,412 Share Units (Director) Bellatrix Exploration Deferred Share Units Johnson, Robert 4 30/09/2013 56 7.88 91,763 1,840 Ltd. Anthony Bengal Energy Ltd. Common Shares Steele, Robert 4 30/09/2013 10 0.65 1,689,529 45,500 David Bengal Energy Ltd. Common Shares Steele, Robert 4 01/10/2013 10 0.65 1,711,529 22,000 David Bengal Energy Ltd. Common Shares Steele, Robert 4 02/10/2013 10 0.64 1,717,529 6,000 David Bengal Energy Ltd. Common Shares Steele, Robert 4 02/10/2013 10 0.65 1,730,529 13,000 David Bengal Energy Ltd. Common Shares Steele, Robert 4 03/10/2013 10 0.64 1,760,029 29,500 David Bengal Energy Ltd. Common Shares Steele, Robert 4 03/10/2013 10 0.65 1,762,529 2,500 David Benton Capital Corp. Common Shares Stares, Stephen 4 30/09/2013 10 0.035 2,569,166 39,000 BHK Resources Inc. Options Hughes, Peter 4, 5 27/09/2013 50 0.1 400,000 200,000 Robert BHK Resources Inc. Options Richardson, Brian 4, 5 04/07/2013 00 Alexander BHK Resources Inc. Options Richardson, Brian 4, 5 27/09/2013 50 200,000 200,000 Alexander Bioniche Life Sciences Common Shares Alkemade, Stanley 4 01/10/2013 46 0.27 37,659 7,870 Inc. John Bioniche Life Sciences Common Shares Aprikian, Armen 4 01/10/2013 46 0.27 46,722 7,870 Inc. Garo
October 10, 2013 (2013) 36 OSCB 9877
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Bioniche Life Sciences Common Shares Beraldo, Albert 4 01/10/2013 46 0.27 224,255 7,870 Inc. George Bioniche Life Sciences Common Shares Budd, Roderick 4 01/10/2013 46 0.27 83,659 7,870 Inc. Edward Bioniche Life Sciences Common Shares Cunningham, 4 01/10/2013 46 0.27 169,379 7,870 Inc. Margaret (Peggy) Helen Bioniche Life Sciences Common Shares Gubitz, Gregory 4 01/10/2013 46 0.27 634,194 1,639 Inc. David Bioniche Life Sciences Common Shares Johnson, James 4 01/10/2013 46 0.27 156,662 7,870 Inc. Dean Bioniche Life Sciences Common Shares McRae, Graeme 4, 5 01/10/2013 30 0.27 283,041 7,631 Inc. Kenneth Mead Bioniche Life Sciences Common Shares Rae, James Moodie 4 01/10/2013 46 0.27 132,270 7,870 Inc. Bioniche Life Sciences Common Shares Vanclief, Lyle 4 01/10/2013 46 0.27 146,229 7,870 Inc. Bird Construction Inc. Common Shares DuPont, Bonnie 4 27/09/2013 10 12.65 9,000 300 Dianne Rose Bird Construction Inc. Common Shares DuPont, Bonnie 4 30/09/2013 10 12.65 11,000 2,000 Dianne Rose Bird Construction Inc. Common Shares DuPont, Bonnie 4 01/10/2013 10 12.55 13,000 2,000 Dianne Rose Bird Construction Inc. Common Shares DuPont, Bonnie 4 02/10/2013 10 12.55 15,000 2,000 Dianne Rose BlackBerry Limited Common Shares Bidulka, Brian 5 01/10/2013 57 88,112 63,613 (formerly Research In Joseph Motion Limited) BlackBerry Limited Common Shares Bidulka, Brian 5 01/10/2013 10 7.929 55,529 -32,583 (formerly Research In Joseph Motion Limited) BlackBerry Limited Restricted Share Bidulka, Brian 5 01/10/2013 57 142,226 -63,613 (formerly Research In Units Joseph Motion Limited) BlackBerry Limited Common Shares Boulben, Frank 5 01/10/2013 57 65,179 19,879 (formerly Research In Motion Limited) BlackBerry Limited Common Shares Boulben, Frank 5 01/10/2013 10 7.7058 54,454 -10,725 (formerly Research In Motion Limited) BlackBerry Limited Restricted Share Boulben, Frank 5 01/10/2013 57 221,163 -19,879 (formerly Research In Units Motion Limited) BlackBerry Limited Common Shares Heins, Thorsten 4, 5 01/10/2013 57 244,666 127,227 (formerly Research In Gerhard Motion Limited) BlackBerry Limited Common Shares Heins, Thorsten 4, 5 01/10/2013 10 7.929 179,504 -65,162 (formerly Research In Gerhard Motion Limited) BlackBerry Limited Restricted Share Heins, Thorsten 4, 5 01/10/2013 57 2,893,372 -127,227 (formerly Research In Units Gerhard Motion Limited) BlackBerry Limited Common Shares Tear, Kristian 5 20/08/2012 00 (formerly Research In Motion Limited) BlackBerry Limited Common Shares Tear, Kristian 5 01/10/2013 57 91,498 91,498 (formerly Research In Motion Limited) BlackBerry Limited Common Shares Tear, Kristian 5 01/10/2013 10 7.929 44,631 -46,867 (formerly Research In Motion Limited) BlackBerry Limited Restricted Share Tear, Kristian 5 01/10/2013 57 182,992 -91,498 (formerly Research In Units Motion Limited) BlackBerry Limited Common Shares Zipperstein, Steven 5 02/07/2012 00 (formerly Research In Motion Limited) BlackBerry Limited Common Shares Zipperstein, Steven 5 01/10/2013 57 130,142 130,142 (formerly Research In Motion Limited)
October 10, 2013 (2013) 36 OSCB 9878
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed BlackBerry Limited Common Shares Zipperstein, Steven 5 01/10/2013 10 7.7058 59,118 -71,024 (formerly Research In Motion Limited) BlackBerry Limited Restricted Share Zipperstein, Steven 5 01/10/2013 57 260,283 -130,142 (formerly Research In Units Motion Limited) Blackheath Resources Common Shares Langer, Alexander 5 03/10/2013 10 0.18 173,500 3,000 Inc. Blackheath Resources Common Shares Robertson, James 3, 4, 03/10/2013 10 0.18 1,891,000 5,000 Inc. 5 Blue River Resources Common Shares Jones, Griffin 4, 5 23/09/2013 10 0.07 2,195,853 -300,000 Ltd. Blue River Resources Common Shares Jones, Griffin 4, 5 01/10/2013 10 0.08 1,995,853 -200,000 Ltd. BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 23/09/2013 38 13 1,000 1,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 23/09/2013 38 0 -1,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 25/09/2013 38 12.95 25,000 25,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 25/09/2013 38 0 -25,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 26/09/2013 38 13 1,000 1,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 26/09/2013 38 0 -1,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 27/09/2013 38 13 1,000 1,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 27/09/2013 38 0 -1,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 30/09/2013 38 13 21,000 21,000 Shares BMTC Group Inc. Subordinate Voting Groupe BMTC Inc. 1 30/09/2013 38 0 -21,000 Shares Boardwalk Real Trust Units Denis, Jean 5 30/09/2013 10 57.7 1,463 -1,300 Estate Investment Trust Boston Pizza Units Brown, William C 4, 5 30/09/2013 10 22.8 21,085 100 Royalties Income Fund Boston Pizza Units Brown, William C 4, 5 30/09/2013 10 22.89 21,885 800 Royalties Income Fund Boston Pizza Units Brown, William C 4, 5 30/09/2013 10 22.9 22,385 500 Royalties Income Fund Boston Pizza Units Brown, William C 4, 5 30/09/2013 10 22.92 22,685 300 Royalties Income Fund Boston Pizza Units Brown, William C 4, 5 30/09/2013 10 22.93 23,385 700 Royalties Income Fund Boston Pizza Units Brown, William C 4, 5 30/09/2013 10 22.94 23,485 100 Royalties Income Fund Boyd Group Income Common Shares Comrie, Walter 4 01/10/2013 36 0 -4,848 Fund Class A Shares Boyd Group Income Common Shares Comrie, Walter 4 01/10/2013 36 -4,848 Fund Class A Shares Boyd Group Income Trust Units Comrie, Walter 4 01/10/2013 36 7,503 4,848 Fund Boyd Group Income Trust Units Comrie, Walter 4 01/10/2013 36 4,848 Fund BrightPath Early Common Shares Vision Capital 3 30/09/2013 90 10,599,343 1,783,174 Learning Inc. (formerly Corporation Edleun Group, Inc.) BrightPath Early Common Shares Vision Capital 3 01/10/2013 10 0.34 10,537,104 -62,239 Learning Inc. (formerly Corporation Edleun Group, Inc.) BrightPath Early Common Shares Vision Capital 3 01/10/2013 10 0.34 4,410,973 54,400 Learning Inc. (formerly Corporation Edleun Group, Inc.)
October 10, 2013 (2013) 36 OSCB 9879
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed BrightPath Early Common Shares Vision Capital 3 30/09/2013 90 0 -1,783,174 Learning Inc. (formerly Corporation Edleun Group, Inc.) BrightPath Early Common Shares Vision Capital 3 01/10/2013 10 0.34 832,383 7,839 Learning Inc. (formerly Corporation Edleun Group, Inc.) Brigus Gold Corp. Common Shares Bilodeau, Marc 5 30/09/2013 30 0.61 21,142 8,607 (formerly Apollo Gold Clifford Corporation) Brigus Gold Corp. Common Shares Dawe, Wade K. 4, 5 30/09/2013 30 0.61 2,280,275 32,275 (formerly Apollo Gold Corporation) Brigus Gold Corp. Common Shares Legatto, Jon 5 30/09/2013 30 0.61 64,119 5,164 (formerly Apollo Gold Corporation) Brigus Gold Corp. Common Shares Racine, Daniel 5 30/09/2013 30 0.61 536,607 35,861 (formerly Apollo Gold Corporation) Brookfield Asset Deferred Share Units Coutu, Marcel R. 4 31/08/2013 30 36.43 18,898 80 Management Inc. Brookfield Asset Deferred Share Units Coutu, Marcel R. 4 30/09/2013 56 37.85 19,093 195 Management Inc. Brookfield Asset Common Shares Flatt, J. Bruce 4, 5 01/10/2013 97 0 -12,448,176 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Flatt, J. Bruce 4, 5 21/03/2003 00 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Flatt, J. Bruce 4, 5 01/10/2013 97 12,448,176 12,448,176 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Flatt, J. Bruce 4, 5 01/10/2013 11 12,732,313 284,137 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Goldgut, Harry 7 02/10/2013 51 13.366 94,375 64,375 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Goldgut, Harry 7 02/10/2013 10 38.886 30,000 -64,375 Management Inc. Class A Limited Voting Brookfield Asset Options Goldgut, Harry 7 02/10/2013 51 13.366 812,500 -64,375 Management Inc. Brookfield Asset Deferred Share Units Kempston Darkes, 4 31/08/2013 30 36.43 24,687 104 Management Inc. V. Maureen Brookfield Asset Deferred Share Units Kempston Darkes, 4 30/09/2013 56 37.85 25,232 545 Management Inc. V. Maureen Brookfield Asset Deferred Share Units Kerr, David Wylie 4 31/08/2013 30 36.43 11,857 50 Management Inc. Brookfield Asset Deferred Share Units Kerr, David Wylie 4 30/09/2013 56 37.85 12,043 186 Management Inc. Brookfield Asset Deferred Share Units Liebman, Lance 4 31/08/2013 30 36.43 22,279 95 Management Inc. Malcolm Brookfield Asset Deferred Share Units Liebman, Lance 4 30/09/2013 56 37.85 22,824 545 Management Inc. Malcolm Brookfield Asset Deferred Share Units Lind, Philip 4 31/08/2013 30 36.43 68,287 289 Management Inc. Bridgman Brookfield Asset Deferred Share Units Lind, Philip 4 30/09/2013 56 37.85 69,278 991 Management Inc. Bridgman Brookfield Asset Deferred Share Units McKenna, Frank 4 31/08/2013 30 36.43 51,819 220 Management Inc. Brookfield Asset Deferred Share Units McKenna, Frank 4 30/09/2013 56 37.85 55,121 3,302 Management Inc. Brookfield Asset Deferred Share Units Nasr, Youssef 8 31/08/2013 30 36.43 6,517 28 Management Inc. Brookfield Asset Deferred Share Units Nasr, Youssef 8 30/09/2013 56 37.85 7,037 520 Management Inc. Brookfield Asset Deferred Share Units O'Donnell, 4 31/08/2013 30 36.43 623 3 Management Inc. Augustine Thomas Brookfield Asset Deferred Share Units O'Donnell, 4 30/09/2013 56 37.85 1,663 1,040 Management Inc. Augustine Thomas Brookfield Asset Deferred Share Units Pattison, James A. 4 31/08/2013 30 36.43 37,175 157 Management Inc.
October 10, 2013 (2013) 36 OSCB 9880
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Brookfield Asset Deferred Share Units Pattison, James A. 4 30/09/2013 56 37.85 38,215 1,040 Management Inc. Brookfield Asset Common Shares Pollock, Sam JB 5 02/10/2013 10 38.755 507,978 -52,000 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Pollock, Sam JB 5 02/10/2013 47 507,328 -650 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Powell, William 5 02/10/2013 51 14.1 100,000 100,000 Management Inc. Class A Limited Mitchell Voting Brookfield Asset Common Shares Powell, William 5 02/10/2013 10 37.451 0 -100,000 Management Inc. Class A Limited Mitchell Voting Brookfield Asset Options Powell, William 5 02/10/2013 51 14.1 670,500 -100,000 Management Inc. Mitchell Brookfield Asset Deferred Share Units Seek, Ngee Huat 4 31/08/2013 30 36.43 2,784 12 Management Inc. Brookfield Asset Deferred Share Units Seek, Ngee Huat 4 30/09/2013 56 37.85 3,824 1,040 Management Inc. Brookfield Asset Deferred Share Units Taylor, Diana 4 31/08/2013 30 36.43 4,984 21 Management Inc. Brookfield Asset Deferred Share Units Taylor, Diana 4 30/09/2013 56 37.85 5,975 991 Management Inc. Brookfield Asset Deferred Share Units Taylor, George 4 31/08/2013 30 36.43 95 Management Inc. Simpson Brookfield Asset Deferred Share Units Taylor, George 4 31/08/2013 30 36.43 56,674 240 Management Inc. Simpson Brookfield Asset Deferred Share Units Taylor, George 4 30/09/2013 56 37.85 57,252 578 Management Inc. Simpson Brookfield Limited Partnership Brookfield Asset 3 21/12/2007 00 Infrastructure Partners Units Management Inc. L.P. Brookfield Limited Partnership Brookfield Asset 3 01/10/2013 11 48,930 48,930 Infrastructure Partners Units Management Inc. L.P. Brookfield Limited Partnership Brookfield Asset 3 01/10/2013 11 0 -48,930 Infrastructure Partners Units Management Inc. L.P. Brookfield Limited Partnership Manios, Bahir 7 27/09/2013 97 6,500 6,000 Infrastructure Partners Units L.P. Brookfield Office Preferred Shares Brookfield Property 3 15/04/2013 00 50,000 Properties Inc. Class AAA Series G Partners L.P. Brookfield Office Preferred Shares Brookfield Property 3 15/04/2013 00 20,000 Properties Inc. Class AAA Series K Partners L.P. Brookfield Soundvest Capital Units Charlebois, Kevin 7 30/09/2013 10 1.27 500 -350 Split Trust (formerly Wilfred Brascan SoundVest Rising Distribution Split Trust) BRP Inc. Multiple Voting Bain Capital 3 24/09/2013 36 46,132,256 -734,168 Shares Luxembourg Investments S.à r.l. BRP Inc. Subordinate Voting Bain Capital 3 21/05/2013 00 Shares Luxembourg Investments S.à r.l. BRP Inc. Subordinate Voting Bain Capital 3 24/09/2013 36 734,168 734,168 Shares Luxembourg Investments S.à r.l. BRP Inc. Subordinate Voting Bain Capital 3 24/09/2013 47 0 -734,168 Shares Luxembourg Investments S.à r.l. BRP Inc. Subordinate Voting Bekenstein, Joshua 4 21/05/2013 00 Shares BRP Inc. Subordinate Voting Bekenstein, Joshua 4 24/09/2013 11 138,823 138,823 Shares BRP Inc. Subordinate Voting Bekenstein, Joshua 4 24/09/2013 47 0 -138,823 Shares BSM Technologies Common Shares Bell, John K. 4 03/10/2013 10 2.75 32,600 -67,400 Inc. BTB Real Estate Parts différées Lord, Richard 4 30/09/2013 56 4.52 25,660 3,038 Investment Trust BTB Real Estate Parts différées Lord, Richard 4 30/09/2013 35 26,206 546 Investment Trust
October 10, 2013 (2013) 36 OSCB 9881
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Buhler Industries Inc. Common Shares Buhler, John 3, 4 26/09/2013 11 6.75 200,000 200,000 Buhler Industries Inc. Common Shares Buhler, John 3, 4 27/09/2013 10 6.26 201,100 1,100 Buhler Industries Inc. Common Shares Buhler, John 3, 4 30/09/2013 10 6.3 295,600 94,500 Buhler Industries Inc. Common Shares Buhler, John 3, 4 25/09/2013 10 6.75 111,340 200 Buhler Industries Inc. Common Shares Buhler, John 3, 4 27/09/2013 10 6.4 126,740 15,400 Buhler Industries Inc. Common Shares Buhler, John 3, 4 30/09/2013 10 6.4 126,940 200 Buhler Industries Inc. Common Shares Buhler, John 3, 4 01/10/2013 10 6.65 121,940 -5,000 Buhler Industries Inc. Common Shares Buhler, John 3, 4 03/10/2013 10 6.6 115,940 -6,000 Buhler Industries Inc. Common Shares Buhler, John 3, 4 26/09/2013 47 6.75 3,430,810 -200,000 Buhler Industries Inc. Common Shares Buhler, John 3, 4 26/09/2013 47 6.75 3,359,810 -71,000 Buhler Industries Inc. Common Shares Buhler, John 3, 4 27/09/2013 47 6.75 3,348,510 -11,300 Buhler Industries Inc. Common Shares Buhler, John 3, 4 27/09/2013 47 6.75 3,303,510 -45,000 Cadillac Ventures Inc. Common Shares Brewster, Norman 5 01/10/2013 10 0.035 3,139,603 6,000 Cadillac Ventures Inc. Common Shares Brewster, Norman 5 01/10/2013 10 0.035 3,148,603 9,000 Cadillac Ventures Inc. Common Shares Brewster, Norman 5 01/10/2013 10 0.035 5,335,150 50,000 Cadillac Ventures Inc. Common Shares Brewster, Norman 5 02/10/2013 10 0.035 5,405,150 70,000 CAE Inc. Deferred Share Units Barents, Brian 4 30/09/2013 56 71,713 2,880 CAE Inc. Deferred Share Units Fortier, Michael M 4 30/09/2013 56 20,788 1,419 CAE Inc. Deferred Share Units Gagne, Paul Ernest 4 30/09/2013 56 79,058 3,558 CAE Inc. Deferred Share Units Hankinson, James 4 30/09/2013 56 103,676 1,409 Floyd CAE Inc. Deferred Share Units Manley, John Paul 4 30/09/2013 56 49,726 3,196 CAE Inc. Deferred Share Units Schoomaker, Peter 4 30/09/2013 56 45,256 2,762 J. CAE Inc. Deferred Share Units Stevens, Andrew 4 30/09/2013 56 6,088 2,496 John CAE Inc. Deferred Share Units Stevenson, 4 30/09/2013 56 56,744 3,006 Katharine Berghuis CAE Inc. Deferred Share Units Walsh, Kathleen 4 30/09/2013 56 2,811 2,353 Calfrac Well Services Options 2004 Stock York, George 5 13/09/2013 00 Ltd. Option Plan Leland Calfrac Well Services Options 2004 Stock York, George 5 01/10/2013 50 31.46 4,000 4,000 Ltd. Option Plan Leland Calfrac Well Services RSU York, George 5 13/09/2013 00 Ltd. Leland Calfrac Well Services RSU York, George 5 01/10/2013 56 2,000 2,000 Ltd. Leland Calian Technologies Common Shares Calian 1 25/09/2013 38 20.23 1,100 1,100 Ltd. Technologies Ltd Calian Technologies Common Shares Calian 1 25/09/2013 38 0 -1,100 Ltd. Technologies Ltd Calian Technologies Common Shares Calian 1 26/09/2013 38 20.24 500 500 Ltd. Technologies Ltd Calian Technologies Common Shares Calian 1 26/09/2013 38 0 -500 Ltd. Technologies Ltd Calloway Real Estate Limited Partnership Goldhar, Mitchell 3 27/09/2013 11 20.1 708,004 -3,773 Investment Trust Units Class C Series 3 Partnership Units Calloway Real Estate Limited Partnership Goldhar, Mitchell 3 27/09/2013 11 20.1 3,773 3,773 Investment Trust Units Class F Series 3 Limited Partnership Units Calmena Energy Options Chernoff, M. Bruce 4 30/09/2013 52 633,000 -150,000 Services Inc. Calmena Energy Options Rain, David James 4 30/09/2013 52 0.15 633,000 -150,000 Services Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 10/09/2013 38 1.5747 10,100 10,100 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 11/09/2013 38 1.6174 36,780 26,680 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 12/09/2013 38 1.6584 63,460 26,680 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 16/09/2013 38 1.59 76,240 12,780 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 17/09/2013 38 1.5881 95,540 19,300 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 18/09/2013 38 1.6391 122,220 26,680 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 19/09/2013 38 1.6479 144,600 22,380 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 20/09/2013 38 1.6529 171,280 26,680 Inc. Class A Inc.
October 10, 2013 (2013) 36 OSCB 9882
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Calvalley Petroleum Common Shares Calvalley Petroleum 1 23/09/2013 38 1.5455 189,880 18,600 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 24/09/2013 38 1.55 216,560 26,680 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 25/09/2013 38 1.5146 243,240 26,680 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 26/09/2013 38 1.4755 254,240 11,000 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 27/09/2013 38 1.4895 280,920 26,680 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 30/09/2013 38 1.5267 291,020 10,100 Inc. Class A Inc. Calvalley Petroleum Common Shares Calvalley Petroleum 1 01/10/2013 38 0 -291,020 Inc. Class A Inc. Calyx Bio-Ventures Options MacGregor, Stuart 4 03/09/2013 50 175,000 50,000 Inc. Cameco Corporation Rights Deferred Bruce, Ian 4 27/09/2013 56 6,436 1,125 Share Units Cameco Corporation Rights Deferred Camus, Daniel 4 27/09/2013 56 22,869 2,674 Share Units Robert Cameco Corporation Rights Deferred Clappison, John 4 27/09/2013 56 29,250 1,381 Share Units Cameco Corporation Rights Deferred Colvin, Joe 4 27/09/2013 56 86,346 387 Share Units Frederick Cameco Corporation Rights Deferred Curtiss, James 4 27/09/2013 56 107,438 481 Share Units Richard Cameco Corporation Rights Deferred Deranger, Donald 4 27/09/2013 56 18,968 1,180 Share Units Hearl Felix Cameco Corporation Rights Deferred Gowans, James 4 27/09/2013 56 32,434 2,543 Share Units Kitchener Cameco Corporation Rights Deferred Hopkins, Nancy 4 27/09/2013 56 22,176 673 Share Units Elizabeth Cameco Corporation Rights Deferred McLellan, A. Anne 4 27/09/2013 56 23,420 695 Share Units Cameco Corporation Rights Deferred McMillan, Neil 4 27/09/2013 56 41,692 3,511 Share Units Cameco Corporation Rights Deferred Zaleschuk, Victor 4 27/09/2013 56 75,182 1,420 Share Units Jack Canaccord Financial Rights Deferred Bralver, Charles 4 30/09/2013 56 6.853 17,505 1,825 Inc. Share Units (DSUs) Norman Canaccord Financial Rights Deferred Carello, Massimo 4 30/09/2013 56 6.853 8,894 913 Inc. Share Units (DSUs) Canaccord Financial Common Shares de Rosnay, Alexis 7 04/10/2012 00 Inc. Canaccord Financial Common Shares de Rosnay, Alexis 7 30/09/2013 57 120,000 120,000 Inc. Canaccord Financial Common Shares de Rosnay, Alexis 7 30/09/2013 10 6.58 59,918 -60,082 Inc. Canaccord Financial Rights Restricted de Rosnay, Alexis 7 30/09/2013 57 407,573 -120,000 Inc. Share Units Canaccord Financial Rights Deferred Eeuwes, William J. 4 30/09/2013 56 6.853 17,780 1,825 Inc. Share Units (DSUs) Canaccord Financial Rights Deferred Harris, Michael 4 30/09/2013 56 6.853 39,103 4,013 Inc. Share Units (DSUs) Deane Canaccord Financial Rights Deferred Lyons, Terrence 4 30/09/2013 56 6.853 21,121 2,144 Inc. Share Units (DSUs) Canaccord Genuity Rights Deferred Shah, Dipesh 4 30/09/2013 56 6.853 7,090 1,825 Group Inc. Share Units (DSUs) Jayantilal Canada Coal Inc. Common Shares Fenton, Thomas, 4, 5 23/02/2012 00 Armstrong Canada Coal Inc. Common Shares Fenton, Thomas, 4, 5 23/02/2012 00 200,000 Armstrong Canada Coal Inc. Common Shares Fenton, Thomas, 4, 5 27/09/2013 10 0.04 186,000 -14,000 Armstrong Canadian Energy Common Shares Canadian Fluid 3 22/06/2011 10 30.91 1,216,276 -91,500 Services & Systems Ltd. Technology Corp. Canadian Energy Common Shares Canadian Fluid 3 29/06/2011 10 31 -8,500 Services & Systems Ltd. Technology Corp. Canadian Energy Common Shares Canadian Fluid 3 29/06/2011 10 31 -8,500 Services & Systems Ltd. Technology Corp.
October 10, 2013 (2013) 36 OSCB 9883
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian Energy Common Shares Canadian Fluid 3 13/07/2011 37 3,379,128 -166,000 Services & Systems Ltd. Technology Corp. Canadian Energy Common Shares Canadian Fluid 3 27/02/2012 11 12.7 1,289,886 -2,089,242 Services & Systems Ltd. Technology Corp. Canadian Energy Common Shares Canadian Fluid 3 27/02/2012 11 12.7 0 -1,289,886 Services & Systems Ltd. Technology Corp. Canadian Energy Common Shares Carpenter, Rodney 4, 6 01/01/2010 00 Services & Lee Technology Corp. Canadian Energy Common Shares Carpenter, Rodney 4, 6 27/02/2012 11 12.7 2,089,242 2,089,242 Services & Lee Technology Corp. Canadian Energy Common Shares Zandee, Kenneth 6, 5 13/09/2013 10 18.3 -1,100 Services & Dale Technology Corp. Canadian Energy Common Shares Zandee, Kenneth 6, 5 13/09/2013 10 18.3 -1,100 Services & Dale Technology Corp. Canadian Energy Common Shares Zandee, Kenneth 6, 5 01/01/2010 00 Services & Dale Technology Corp. Canadian Energy Common Shares Zandee, Kenneth 6, 5 27/02/2012 11 12.7 1,289,886 1,289,886 Services & Dale Technology Corp. Canadian Energy Common Shares Zandee, Kenneth 6, 5 13/09/2013 10 18.3 1,288,786 -1,100 Services & Dale Technology Corp. Canadian Energy Common Shares Zandee, Kenneth 6, 5 16/09/2013 10 18.53 1,114,486 -174,300 Services & Dale Technology Corp. Canadian Imperial Common Shares CIBC 1 25/09/2013 38 82.484 33,000 33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 25/09/2013 38 82.484 0 -33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 26/09/2013 38 82.499 33,000 33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 26/09/2013 38 82.499 0 -33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 27/09/2013 38 82.456 33,000 33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 27/09/2013 38 82.456 0 -33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 30/09/2013 38 82.44 33,000 33,000 Bank of Commerce Canadian Imperial Common Shares CIBC 1 30/09/2013 38 82.44 0 -33,000 Bank of Commerce Canadian National Common Shares Canadian National 1 03/09/2013 38 94.439 187,300 60,800 Railway Company Railway Company Canadian National Common Shares Canadian National 1 04/09/2013 38 95.384 184,450 60,250 Railway Company Railway Company Canadian National Common Shares Canadian National 1 05/09/2013 38 95.702 181,050 60,000 Railway Company Railway Company Canadian National Common Shares Canadian National 1 06/09/2013 38 120,250 -60,800 Railway Company Railway Company Canadian National Common Shares Canadian National 1 06/09/2013 38 96.523 179,750 59,500 Railway Company Railway Company Canadian National Common Shares Canadian National 1 09/09/2013 38 119,500 -60,250 Railway Company Railway Company Canadian National Common Shares Canadian National 1 09/09/2013 38 96.168 179,200 59,700 Railway Company Railway Company Canadian National Common Shares Canadian National 1 09/09/2013 38 96.168 59,700 Railway Company Railway Company Canadian National Common Shares Canadian National 1 09/09/2013 38 96.168 59,700 Railway Company Railway Company Canadian National Common Shares Canadian National 1 10/09/2013 38 119,200 -60,000 Railway Company Railway Company Canadian National Common Shares Canadian National 1 10/09/2013 38 96.588 178,700 59,500 Railway Company Railway Company Canadian National Common Shares Canadian National 1 11/09/2013 38 119,200 -59,500 Railway Company Railway Company
October 10, 2013 (2013) 36 OSCB 9884
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian National Common Shares Canadian National 1 11/09/2013 38 96.917 178,500 59,300 Railway Company Railway Company Canadian National Common Shares Canadian National 1 12/09/2013 38 118,800 -59,700 Railway Company Railway Company Canadian National Common Shares Canadian National 1 12/09/2013 38 97.422 177,800 59,000 Railway Company Railway Company Canadian National Common Shares Canadian National 1 13/09/2013 38 118,300 -59,500 Railway Company Railway Company Canadian National Common Shares Canadian National 1 13/09/2013 38 97.875 167,335 49,035 Railway Company Railway Company Canadian National Common Shares Canadian National 1 16/09/2013 38 108,035 -59,300 Railway Company Railway Company Canadian National Common Shares Canadian National 1 16/09/2013 38 99.794 166,585 58,550 Railway Company Railway Company Canadian National Common Shares Canadian National 1 17/09/2013 38 107,585 -59,000 Railway Company Railway Company Canadian National Common Shares Canadian National 1 17/09/2013 38 99.952 166,085 58,500 Railway Company Railway Company Canadian National Common Shares Canadian National 1 18/09/2013 38 117,050 -49,035 Railway Company Railway Company Canadian National Common Shares Canadian National 1 18/09/2013 38 100.84 170,797 53,747 Railway Company Railway Company Canadian National Common Shares Canadian National 1 19/09/2013 38 112,247 -58,550 Railway Company Railway Company Canadian National Common Shares Canadian National 1 19/09/2013 38 102.29 170,847 58,600 Railway Company Railway Company Canadian National Common Shares Canadian National 1 20/09/2013 38 112,347 -58,500 Railway Company Railway Company Canadian National Common Shares Canadian National 1 20/09/2013 38 102.09 171,047 58,700 Railway Company Railway Company Canadian National Common Shares Canadian National 1 23/09/2013 38 117,300 -53,747 Railway Company Railway Company Canadian National Common Shares Canadian National 1 23/09/2013 38 101.19 176,550 59,250 Railway Company Railway Company Canadian National Common Shares Canadian National 1 24/09/2013 38 117,950 -58,600 Railway Company Railway Company Canadian National Common Shares Canadian National 1 24/09/2013 38 101.24 176,030 58,080 Railway Company Railway Company Canadian National Common Shares Canadian National 1 25/09/2013 38 117,330 -58,700 Railway Company Railway Company Canadian National Common Shares Canadian National 1 26/09/2013 38 58,080 -59,250 Railway Company Railway Company Canadian National Common Shares Canadian National 1 27/09/2013 38 0 -58,080 Railway Company Railway Company Canadian Natural Common Shares Best, Catherine 4 01/10/2013 46 32.74 21,728 1,000 Resources Limited May Canadian Natural Common Shares Davis, Randall Scott 5 02/10/2013 10 32.449 87,550 -2,850 Resources Limited Canadian Natural Common Shares Davis, Randall Scott 5 01/10/2013 51 22.98 18,730 6,800 Resources Limited Canadian Natural Common Shares Davis, Randall Scott 5 01/10/2013 10 32.73 11,930 -6,800 Resources Limited Canadian Natural Options Davis, Randall Scott 5 01/10/2013 51 22.98 168,700 -6,800 Resources Limited Canadian Natural DSU Faithfull, Timothy 4 01/10/2013 46 32.74 12,000 1,000 Resources Limited W. Canadian Natural DSU Filmon, Gary 4 01/10/2013 46 32.74 18,010 1,000 Resources Limited Canadian Natural Common Shares Fong, Christopher 4 01/10/2013 46 32.74 12,000 1,000 Resources Limited Lee Canadian Natural Common Shares Giffin, Gordon D. 4 01/10/2013 46 32.74 43,856 1,000 Resources Limited Canadian Natural Common Shares Gobert, Wilfred 4 01/10/2013 46 32.74 12,000 1,000 Resources Limited Arthur Canadian Natural Common Shares MacPhail, Keith A.J. 4 01/10/2013 46 32.74 236,619 1,000 Resources Limited Canadian Natural DSU McKenna, Frank 4 01/10/2013 46 32.74 18,010 1,000 Resources Limited Canadian Natural Rights DSU Smith, Eldon 4 01/10/2013 46 32.74 12,000 1,000 Resources Limited
October 10, 2013 (2013) 36 OSCB 9885
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian Natural Common Shares Tuer, David 4 01/10/2013 46 32.74 63,508 1,000 Resources Limited Canadian Oil Common Shares Lorenzo, John 4 01/10/2013 10 0.12 4,258,242 10,000 Recovery & Michael Remediation Enterprises Ltd. Canadian Oil Sands Common Shares Nickerson, Adrienne 5 30/09/2013 10 20 3,000 1,750 Limited Canadian Pacific Common Shares Kampsen, Jeffrey 5 01/10/2013 10 128.21 2,181 77 Railway Limited David Canadian Real Estate Units Real Estate Flood, Brian 4 01/10/2013 30 41.21 1,145 104 Investment Trust Investment Trust Michael Units Canadian Silver Common Shares Marrelli, Carmelo 5 03/10/2013 16 0.1 100,000 100,000 Hunter Inc. Canadian Tire Deferred Share Units Aitchison, Iain 4 30/09/2013 56 92.736 5,746 191 Corporation, Limited Cameron Canadian Tire Deferred Share Units Boivin, Pierre 4 30/09/2013 56 92.736 272 162 Corporation, Limited Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.65 774,556 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.65 774,656 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.65 774,756 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.65 774,856 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.65 774,956 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.4 775,056 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.4 775,156 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.4 775,756 600 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.4 775,856 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.4 775,956 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,056 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,156 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,256 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,356 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,456 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,756 300 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.23 776,856 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 776,956 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 777,056 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 777,156 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 777,256 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 777,356 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 777,456 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 91.55 777,556 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92 777,656 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.23 777,756 100 Corporation, Limited Class A Anne 5
October 10, 2013 (2013) 36 OSCB 9886
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.23 777,856 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 777,956 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,056 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,156 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,256 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,356 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,456 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,656 200 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.25 778,856 200 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.83 778,956 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.83 779,056 100 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.83 779,256 200 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.83 779,556 300 Corporation, Limited Class A Anne 5 Canadian Tire Non-Voting Shares Collver, Robyn 3, 7, 01/10/2013 10 92.83 779,856 300 Corporation, Limited Class A Anne 5 Canadian Tire Deferred Share Units Furlong, John 4 30/09/2013 56 92.736 2,371 171 Corporation, Limited Aloysius Francis Canadian Tire Deferred Share Units L'Heureux, Claude 4 30/09/2013 56 92.736 4,973 345 Corporation, Limited R. Canadian Tire Deferred Share Units Lampe, Jonathan 4 30/09/2013 56 92.736 1,175 212 Corporation, Limited Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.65 774,556 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.65 774,656 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.65 774,756 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.65 774,856 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.65 774,956 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.4 775,056 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.4 775,156 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.4 775,756 600 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.4 775,856 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.4 775,956 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,056 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,156 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,256 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,356 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,456 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,756 300 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.23 776,856 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 776,956 100 Corporation, Limited Class A
October 10, 2013 (2013) 36 OSCB 9887
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 777,056 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 777,156 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 777,256 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 777,356 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 777,456 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 91.55 777,556 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92 777,656 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.23 777,756 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.23 777,856 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 777,956 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,056 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,156 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,256 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,356 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,456 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,656 200 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.25 778,856 200 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.83 778,956 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.83 779,056 100 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.83 779,356 300 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.83 779,656 300 Corporation, Limited Class A Canadian Tire Non-Voting Shares Lynar, Hugh 3 01/10/2013 10 92.83 779,856 200 Corporation, Limited Class A Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.65 774,556 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.65 774,656 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.65 774,756 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.65 774,856 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.65 774,956 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.4 775,056 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.4 775,156 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.4 775,756 600 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.4 775,856 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.4 775,956 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,056 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,156 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,256 100 Corporation, Limited Class A Charles
October 10, 2013 (2013) 36 OSCB 9888
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,356 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,456 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,756 300 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.23 776,856 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 776,956 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 777,056 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 777,156 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 777,256 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 777,356 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 777,456 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 777,556 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92 777,656 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.23 777,756 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.23 777,856 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 777,956 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,056 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,156 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,256 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,356 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,456 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,656 200 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.25 778,856 200 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.83 778,956 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.83 779,056 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.83 779,256 200 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.83 779,556 300 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 92.83 779,856 300 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 100 Corporation, Limited Class A Charles Canadian Tire Non-Voting Shares McCann, Dean 5 01/10/2013 10 91.55 100 Corporation, Limited Class A Charles Canadian Tire Deferred Share Units Potter, Frank 4 30/09/2013 56 92.736 10,801 162 Corporation, Limited Canadian Tire Deferred Share Units Price, Timothy 4 30/09/2013 56 92.736 12,555 324 Corporation, Limited Robert Canadian Tire Deferred Share Units Saunders, Peter 4 30/09/2013 56 92.736 5,656 191 Corporation, Limited Bryce Canadian Tire Deferred Share Units Savage, Graham 4, 7 30/09/2013 56 92.736 7,828 162 Corporation, Limited William Canadian Tire Deferred Share Units Vallance, George 4 30/09/2013 56 92.736 5,370 361 Corporation, Limited Alexander Canadian Utilities Non-Voting Shares ATCO Ltd. 3 01/09/2013 30 33.274 71,670,892 1 Limited Class A
October 10, 2013 (2013) 36 OSCB 9889
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Canadian Western Options Addington, William 5 14/06/2013 50 28.47 121,758 28,808 Bank James Canadian Western Rights Restricted Addington, William 5 10/06/2013 59 7,553 -1,292 Bank Share Units James Canadian Western Rights Restricted Addington, William 5 11/06/2013 59 5,989 -1,564 Bank Share Units James Canadian Western Rights Restricted Addington, William 5 14/06/2013 56 7,498 1,509 Bank Share Units James Canadian Western Rights Restricted Addington, William 5 14/06/2013 56 9,008 1,510 Bank Share Units James Canadian Western Rights Restricted Addington, William 5 14/06/2013 56 10,518 1,510 Bank Share Units James Canadian Western Rights Restricted Addington, William 5 15/06/2013 59 8,953 -1,565 Bank Share Units James Canadian Western Common Shares Morrison, Peter 5 03/10/2013 35 30.46 197 1 Bank Kenneth Canadian Western Common Shares Morrison, Peter 5 03/10/2013 35 30.46 197 1 Bank Kenneth Canadian Western Common Shares Rennison, Patrick 5 03/10/2013 51 11.758 6,752 371 Bank Finlayson Canadian Western Options Rennison, Patrick 5 03/10/2013 51 11.758 12,350 -600 Bank Finlayson Canadian Western Common Shares Wright, John 5 01/10/2013 51 31.16 126,643 3,662 Bank Charles Canadian Western Common Shares Wright, John 5 02/10/2013 10 31.3 124,143 -2,500 Bank Charles Canadian Western Common Shares Wright, John 5 02/10/2013 10 31.25 123,143 -1,000 Bank Charles Canadian Western Options Wright, John 5 01/10/2013 51 16.893 41,232 -8,000 Bank Charles Candente Copper Common Shares Thicke, Michael 5 02/10/2013 10 0.25 187,550 20,000 Corp. Canexus Corporation Common Shares Bourgeois, Brian 5 01/10/2013 51 3.12 69,958 18,958 Paul Canexus Corporation Common Shares Bourgeois, Brian 5 01/10/2013 57 81,000 11,042 Paul Canexus Corporation Common Shares Bourgeois, Brian 5 01/10/2013 10 7.5005 51,000 -30,000 Paul Canexus Corporation Options Bourgeois, Brian 5 01/10/2013 51 3.12 252,242 -18,958 Paul Canexus Corporation Rights Options Bourgeois, Brian 5 01/10/2013 57 204,592 -11,042 Bonus Rights Paul Canexus Corporation Deferred Share Units Fergusson, Hugh A. 4 30/09/2013 56 7.5457 23,511 878 Canexus Corporation Deferred Share Units Work, Lyall 4 30/09/2013 56 7.5456 25,616 596 Campbell CanWel Building Common Shares Seguin, Marc 4 20/09/2013 10 2.67 27,700 5,600 Materials Group Ltd. (formerly, Canwel Holdings Corporation) Capstone Mining Common Shares Light, Ronald 7 01/10/2013 10 6,077 -5,000 Corp. Cardiff Energy Corp. Common Shares Torhjelm, Lorne 4 30/09/2013 10 2,654,571 200,000 Allan Caribou King Options England, Michael 4, 5 26/09/2013 50 0.07 710,000 350,000 Resources Ltd. Bruno John Franz Caribou King Options Masters, John 4, 5 26/09/2013 50 0.07 325,000 150,000 Resources Ltd. Parker Carmanah Common Shares Berrang, Peter 4 30/09/2013 46 0.16 106,573 15,625 Technologies Gottfried Corporation Carmanah Common Shares Berrang, Peter 4 30/09/2013 46 0.16 113,517 6,944 Technologies Gottfried Corporation Carmanah Rights Restricted Berrang, Peter 4 30/09/2013 46 48,342 6,944 Technologies Stock Units Gottfried Corporation Carmanah Common Shares Wiens, Robert D. 4 30/09/2013 57 162,052 6,944 Technologies Corporation Carmanah Common Shares Wiens, Robert D. 4 30/09/2013 46 0.16 177,677 15,625 Technologies Corporation Carmanah Rights Restricted Wiens, Robert D. 4 30/09/2013 57 6,944 -6,944 Technologies Stock Units Corporation
October 10, 2013 (2013) 36 OSCB 9890
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Carrus Capital Common Shares Andrews, Gregory 4 01/10/2013 11 0 -179,000 Corporation Paul Cartier Iron Common Shares LARSEN, THOMAS 6 30/09/2013 10 0.1 253,519 11,000 Corporation (Formerly Northfield Metals Inc.) Cartier Iron Common Shares LARSEN, THOMAS 6 02/10/2013 10 0.1 262,519 9,000 Corporation (Formerly Northfield Metals Inc.) Cascades Inc. Unités d'actions Bannerman, Paul 4 30/09/2013 56 38,977 2,003 différées / Deffered Share Units Cascades Inc. Unités d'actions Doak, James Basil 4 30/09/2013 56 36,935 1,002 différées / Deffered Charles Share Units Cascades Inc. Unités d'actions Garneau, Louis 4 30/09/2013 56 36,935 1,002 différées / Deffered Share Units Cascades Inc. Unités d'actions Kobrynsky, 4 30/09/2013 56 14,223 1,002 différées / Deffered Georges Share Units Cascades Inc. Unités d'actions Lemaire, Sylvie 4 30/09/2013 56 36,935 1,002 différées / Deffered Share Units Cascades Inc. Unités d'actions McAusland, David 4 30/09/2013 56 39,489 2,254 différées / Deffered L. Share Units Cascades Inc. Unités d'actions Pelletier, Élise 4 30/09/2013 56 7,098 1,002 différées / Deffered Share Units Cascades Inc. Unités d'actions Sellyn, Laurence G. 4 30/09/2013 56 3,206 2,003 différées / Deffered Share Units Cascades Inc. Unités d'actions Vachon, Sylvie 4 30/09/2013 56 1,604 1,002 différées / Deffered Share Units CB Gold Inc. Common Shares Baynham, Giles 4 01/10/2013 10 0.235 9,920,722 -5,000 Edward CCL Industries Inc. Rights Deferred Block, Paul J. 4 30/09/2013 56 68.97 14,056 134 Share Units CCL Industries Inc. Rights Deferred Gresh, Philip M. 4 30/09/2013 56 68.97 4,039 102 Share Units CCL Industries Inc. Rights Deferred Guillet, Edward 4 30/09/2013 56 68.97 12,374 38 Share Units CCL Industries Inc. Rights Deferred Horn, Alan Douglas 4 30/09/2013 56 68.97 18,028 114 Share Units CCL Industries Inc. Rights Deferred Lang, Stuart W. 4 30/09/2013 56 68.97 5,053 16 Share Units CCL Industries Inc. Rights Deferred Muzyka, Douglas 4 30/09/2013 56 68.97 17,116 53 Share Units W. CCL Industries Inc. Rights Deferred Peddie, Tom 4 30/09/2013 56 68.97 29,013 177 Share Units Celestica Inc. Deferred Share Units DiMaggio, Dan 4 01/10/2013 56 103,182 3,797 Celestica Inc. Deferred Share Units Etherington, William 4 01/10/2013 56 254,635 7,480 Celestica Inc. Deferred Share Units Koellner, Laurette 4 01/10/2013 56 122,469 4,024 Celestica Inc. Deferred Share Units Natale, Joe 4 01/10/2013 56 67,944 4,646 Celestica Inc. Deferred Share Units Ryan, Eamon 4 01/10/2013 56 164,892 4,986 Celestica Inc. Deferred Share Units Wilson, Michael M. 4 01/10/2013 56 78,296 4,873 Cenovus Energy Inc. Deferred Share Units Daniel, Patrick 4 30/09/2013 56 31.04 133,837 169 Darold Cenovus Energy Inc. Deferred Share Units Delaney, Ian 4 30/09/2013 56 31.04 168,328 302 William Cenovus Energy Inc. Deferred Share Units Nielsen, Valerie 4 30/09/2013 56 31.04 166,185 289 Anne Abernethy Centerra Gold Inc. Units Deferred Share Connor, Richard 4 30/09/2013 56 20,493 4,658 Units Webster Centerra Gold Inc. Rights Restricted Girard, Raphael 4 30/09/2013 56 42,734 7,246 Share Units Arthur Centerra Gold Inc. Rights Restricted Ibraev, Karybek 4 30/09/2013 56 37,788 7,246 Share Units Centerra Gold Inc. Rights Restricted Lang, Stephen A. 5 30/09/2013 59 4.83 32,820 -4,270 Share Units
October 10, 2013 (2013) 36 OSCB 9891
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Centerra Gold Inc. Rights Restricted Lang, Stephen A. 5 30/09/2013 56 44,854 12,034 Share Units Centerra Gold Inc. Rights Restricted Lill, John W. 4 30/09/2013 56 29,371 4,658 Share Units Centerra Gold Inc. Rights Restricted Muraliev, 4 30/09/2013 56 29,371 4,658 Share Units Amangeldy Centerra Gold Inc. Common Shares Pressler, Sheryl 4 14/06/2013 57 1,826 1,826 Centerra Gold Inc. Common Shares Pressler, Sheryl 4 13/09/2013 57 5,234 3,408 Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 38 4.53 -3,653 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 57 4.53 -1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 57 4.53 -1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 57 4.53 -1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 59 -1,827 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 59 1,826 -1,827 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 14/06/2013 57 0 -1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 13/09/2013 38 -6,817 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 13/09/2013 57 -3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 13/09/2013 57 -3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 13/09/2013 57 -3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 13/09/2013 59 3,408 -3,409 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 13/09/2013 57 0 -3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 57 3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 57 3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 57 3,408 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 59 -3,409 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 57 1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 57 1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 57 1,826 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 59 -1,827 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 59 -1,827 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 16/09/2013 59 -1,827 Share Units Centerra Gold Inc. Rights Restricted Pressler, Sheryl 4 30/09/2013 56 4,658 4,658 Share Units Centerra Gold Inc. Rights Restricted Rogers, Terry 6 30/09/2013 56 2,355 2,355 Share Units Vernon Centerra Gold Inc. Units Deferred Share Rogers, Terry 6 30/09/2013 56 2355 41,566 2,355 Units Vernon Centerra Gold Inc. Rights Restricted Shakirov, Kylychbek 4 31/07/2013 00 Share Units Centerra Gold Inc. Rights Restricted Shakirov, Kylychbek 4 30/09/2013 56 3,165 3,165 Share Units Centerra Gold Inc. Units Deferred Share Walter, Bruce V. 4 30/09/2013 56 3881 37,384 3,881 Units Ceres Global Ag Corp. Common Shares Self, Shannon 4 27/09/2013 00 4,800 Tower Ceres Global Ag Corp. Common Shares Self, Shannon 4 27/09/2013 00 5,000 Tower CERF Incorporated Common Shares Wadley, Wayne 3, 4, 02/10/2013 10 2.67 2,546,568 1,000 Scott 5
October 10, 2013 (2013) 36 OSCB 9892
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed CERF Incorporated Common Shares Wadley, Wayne 3, 4, 04/10/2013 10 2.66 2,547,568 1,000 Scott 5 CGI Group Inc. Rights Performance Anderson, David 5 01/10/2013 56 37.115 268,623 90,948 Share Units CGI Group Inc. Options Baptisa, Joao Pedro 5 01/10/2013 50 36.15 256,705 85,024 Amandey CGI Group Inc. Options Baticle, Jean-Michel 5 01/10/2013 50 36.15 96,199 46,199 CGI Group Inc. Options Bouchard, Alain 4 01/10/2013 50 36.15 8,650 4,000 CGI Group Inc. Options Bourigeaud, 4 01/10/2013 50 36.15 15,522 4,000 Bernard CGI Group Inc. Options Brassard, Jean 4 01/10/2013 50 36.15 31,830 4,000 CGI Group Inc. Options Campbell, Cheryl 5 01/10/2013 50 36.15 228,492 93,927 CGI Group Inc. Options Chevrier, Robert 4 01/10/2013 50 36.15 83,052 4,000 CGI Group Inc. Options D'Alessandro, 4 01/10/2013 50 36.15 38,982 4,000 Dominic CGI Group Inc. Options d'Aquino, Thomas 4 01/10/2013 50 36.15 84,058 4,000 Paul CGI Group Inc. Options Doré, Paule 4 01/10/2013 50 36.15 21,630 4,000 CGI Group Inc. Options Dubrana, Serge 5 01/10/2013 50 36.15 190,002 63,490 CGI Group Inc. Options Evans, Richard B. 4 01/10/2013 50 36.15 43,716 4,000 CGI Group Inc. Rights Performance Godin, Serge 3, 4 01/10/2013 56 37.115 746,124 264,470 Share Units CGI Group Inc. Options Gregory, Timothy 5 01/10/2013 50 36.15 183,794 59,484 Walter CGI Group Inc. Options Gregory, Timothy 5 03/10/2013 99 19.71 195,354 11,560 Walter CGI Group Inc. Subordinate Voting Groupe CGI inc. 1 06/09/2013 38 33.205 183,000 183,000 Shares Classe A CGI Group Inc. Subordinate Voting Groupe CGI inc. 1 09/09/2013 38 33.484 365,200 182,200 Shares Classe A CGI Group Inc. Subordinate Voting Groupe CGI inc. 1 26/09/2013 38 0 -365,200 Shares Classe A CGI Group Inc. Options Holgate, Colin 5 01/10/2013 50 36.15 157,767 68,411 Victor CGI Group Inc. Options Ihrig, Peter Gorard 5 01/10/2013 50 36.15 250,041 86,493 CGI Group Inc. Options Imbeau, André 3, 4, 01/10/2013 50 36.15 4,000 5 CGI Group Inc. Options Imbeau, André 3, 4, 01/10/2013 50 36.15 521,803 4,000 5 CGI Group Inc. Options Labbé, Gilles 4 01/10/2013 50 36.15 32,084 4,000 CGI Group Inc. Options Marcoux, Claude 5 01/10/2013 50 36.15 332,864 106,547 CGI Group Inc. Options Mossburg, Gregg 5 03/10/2013 99 19.71 85,383 8,025 Thomas CGI Group Inc. Rights Performance Roach, Michael 4, 5 01/10/2013 56 37.115 746,124 264,470 Share Units CGI Group Inc. Options Schindler, George 5 01/10/2013 50 36.15 780,101 174,378 Donald CGI Group Inc. Options Shepherd, Michael 5 03/10/2013 99 19.71 25,332 4,035 James CGI Group Inc. Options Westh, Joakim 4 01/10/2013 50 36.15 8,000 4,000 Changfeng Energy Common Shares Changfeng Energy 1 02/10/2013 38 0.34 1,248,300 30,000 Inc. Inc. Chartwell Retirement Rights Restricted Annable, Sheri Lynn 5 30/09/2013 30 9.655 17,866 247 Residences Trust Units Chartwell Retirement Deferred Units Bastarache, Lise 4 30/09/2013 46 9.775 36,954 1,886 Residences Chartwell Retirement Rights Restricted Binions, W. Brent 4, 5 30/09/2013 30 9.655 52,929 734 Residences Trust Units Chartwell Retirement Rights Restricted Boulakia, Jonathan 5 30/09/2013 30 9.655 17,292 240 Residences Trust Units Chartwell Retirement Deferred Units Harris, Michael 4 30/09/2013 46 9.775 144,905 6,484 Residences Deane Chartwell Retirement Deferred Units Kuzmicki, Andre 7 30/09/2013 46 9.775 80,687 4,183 Residences Chartwell Retirement Rights Restricted McKenzie, Philip 5 30/09/2013 30 9.655 14,769 205 Residences Trust Units Harold Chartwell Retirement Deferred Units Robinson, Sidney P 4 30/09/2013 46 9.775 111,401 4,609 Residences H Chartwell Retirement Deferred Units Sallows, Sharon 4 30/09/2013 46 9.775 46,246 3,097 Residences Chartwell Retirement Deferred Units Schwartz, Thomas 4 30/09/2013 46 9.775 95,052 4,066 Residences
October 10, 2013 (2013) 36 OSCB 9893
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Chartwell Retirement Rights Restricted Sullivan, Karen 5 30/09/2013 30 9.655 20,837 289 Residences Trust Units Leslie Chartwell Retirement Deferred Units Thomas, John Huw 4 30/09/2013 46 9.775 22,734 3,088 Residences Chartwell Retirement Rights Restricted Volodarski, Vlad 5 30/09/2013 30 9.655 27,807 385 Residences Trust Units Choice Properties Rights Deferred Units Adams, Kerry Dawn 4 26/06/2013 00 Real Estate Investment Trust Choice Properties Rights Deferred Units Adams, Kerry Dawn 4 01/10/2013 56 2,459 2,459 Real Estate Investment Trust Choice Properties Rights Deferred Units Felman, Michelle 4 26/06/2013 00 Real Estate Investment Trust Choice Properties Rights Deferred Units Felman, Michelle 4 01/10/2013 56 3,130 3,130 Real Estate Investment Trust Choice Properties Rights Deferred Units Kitt, Michael 4 26/06/2013 00 Real Estate Investment Trust Choice Properties Rights Deferred Units Kitt, Michael 4 01/10/2013 56 3,453 3,453 Real Estate Investment Trust Choice Properties Rights Deferred Units Sullivan, Daniel 4 26/06/2013 00 Real Estate Francis Investment Trust Choice Properties Rights Deferred Units Sullivan, Daniel 4 01/10/2013 56 1,863 1,863 Real Estate Francis Investment Trust Choice Properties Rights Deferred Units Weiss, Paul 4 26/06/2013 00 Real Estate Raymond Investment Trust Choice Properties Rights Deferred Units Weiss, Paul 4 01/10/2013 56 2,384 2,384 Real Estate Raymond Investment Trust Choice Properties Rights Deferred Units Weston, Willard 4, 6 26/06/2013 00 Real Estate Galen Garfield Investment Trust Choice Properties Rights Deferred Units Weston, Willard 4, 6 01/10/2013 56 3,577 3,577 Real Estate Galen Garfield Investment Trust CI Financial Corp. Common Shares Blair, Lorraine P. 7 02/10/2013 10 31.401 30,068 -17,000 CIBT Education Group Common Shares Capital Alliance 1 30/09/2013 10 0.303 805,200 42,300 Inc. Group Inc. CIBT Education Group Common Shares Capital Alliance 1 01/10/2013 10 0.3 809,000 3,800 Inc. Group Inc. CIBT Education Group Common Shares Capital Alliance 1 02/10/2013 10 0.315 864,000 55,000 Inc. Group Inc. CIBT Education Group Common Shares Chu, Toby 4, 5 30/09/2013 10 0.33 4,723,847 13,000 Inc. CIBT Education Group Common Shares Chu, Toby 4, 5 01/10/2013 10 0.32 4,728,847 5,000 Inc. CIBT Education Group Common Shares Chu, Toby 4, 5 02/10/2013 10 0.3 4,718,847 -10,000 Inc. Cineplex Inc. Deferred Share Units Banks, Jordan 4 30/09/2013 30 1,435 2 Cineplex Inc. Deferred Share Units Briant, Heather 5 30/09/2013 30 11,978 37 Cineplex Inc. Performance Share Briant, Heather 5 30/09/2013 30 12,873 40 Units Cineplex Inc. Deferred Share Units Bruce, Robert W. 4 30/09/2013 30 7,448 20 Cineplex Inc. Deferred Share Units Dea, Joan 4 30/09/2013 30 6,745 19 Cineplex Inc. Deferred Share Units Fitzgerald, Anne 5 30/09/2013 30 3,915 12 Tunstall Cineplex Inc. Performance Share Fitzgerald, Anne 5 30/09/2013 30 13,206 30 Units Tunstall Cineplex Inc. Deferred Share Units Greenberg, Ian 4 30/09/2013 30 7,446 20 Cineplex Inc. Deferred Share Units Jacob, Ellis 5 30/09/2013 30 75,807 236 Cineplex Inc. Performance Share Jacob, Ellis 5 30/09/2013 30 638 Units Cineplex Inc. Performance Share Jacob, Ellis 5 30/09/2013 30 638 Units Cineplex Inc. Performance Share Jacob, Ellis 5 30/09/2013 30 638 Units Cineplex Inc. Performance Share Jacob, Ellis 5 30/09/2013 30 638 Units
October 10, 2013 (2013) 36 OSCB 9894
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Cineplex Inc. Performance Share Jacob, Ellis 5 30/09/2013 30 204,720 638 Units Cineplex Inc. Performance Share Kennedy, Michael 5 30/09/2013 30 23,023 72 Units Cineplex Inc. Performance Share Kent, Jeff 5 30/09/2013 30 21,647 67 Units Cineplex Inc. Performance Share Legault, Lorraine 5 30/09/2013 30 1,534 5 Units Marie Cineplex Inc. Performance Share Mandryk, Suzanna 5 30/09/2013 30 12,292 38 Units Cineplex Inc. Deferred Share Units Marwah, Sarabjit 4 30/09/2013 30 7,756 21 Cineplex Inc. Deferred Share Units McGrath, Daniel F. 5 30/09/2013 30 4,329 13 Cineplex Inc. Performance Share McGrath, Daniel F. 5 30/09/2013 30 50,979 159 Units Cineplex Inc. Deferred Share Units Munk, Anthony 4 30/09/2013 30 3,726 10 Cineplex Inc. Deferred Share Units Nelson, Gordon 5 30/09/2013 30 41 Cineplex Inc. Deferred Share Units Nelson, Gordon 5 30/09/2013 30 41 Cineplex Inc. Deferred Share Units Nelson, Gordon 5 30/09/2013 30 13,277 41 Cineplex Inc. Performance Share Nelson, Gordon 5 30/09/2013 30 106 Units Cineplex Inc. Performance Share Nelson, Gordon 5 30/09/2013 30 106 Units Cineplex Inc. Performance Share Nelson, Gordon 5 30/09/2013 56 106 Units Cineplex Inc. Performance Share Nelson, Gordon 5 30/09/2013 56 106 Units Cineplex Inc. Performance Share Nelson, Gordon 5 30/09/2013 30 34,083 106 Units Cineplex Inc. Performance Share Nonis, Paul 5 30/09/2013 30 12,292 38 Units Cineplex Inc. Performance Share Sautter, George 5 30/09/2013 30 11,704 36 Units Cineplex Inc. Deferred Share Units Sonshine, Edward 5 30/09/2013 30 8,846 25 Cineplex Inc. Performance Share Stanghieri, Fabrizio 5 30/09/2013 30 11,037 25 Units Cineplex Inc. Deferred Share Units Steacy, Robert 4 30/09/2013 30 4,790 13 Joseph Cineplex Inc. Deferred Share Units Yaffe, Phyllis 4 30/09/2013 30 5,852 16 Cipher Common Shares Aigner, Stefan 4 27/09/2013 10 6.29 38,249 -3,000 Pharmaceuticals Inc. Cipher Common Shares Andrews, Larry 5 27/09/2013 51 84,146 1,800 Pharmaceuticals Inc. Cipher Common Shares Andrews, Larry 5 27/09/2013 51 82,346 -1,800 Pharmaceuticals Inc. Cipher Options Andrews, Larry 5 27/09/2013 51 2.35 645,200 -1,800 Pharmaceuticals Inc. Cipher Common Shares Gross, Jason 5 26/09/2013 51 0.61 47,500 5,000 Pharmaceuticals Inc. Cipher Common Shares Gross, Jason 5 26/09/2013 10 6.486 42,500 -5,000 Pharmaceuticals Inc. Cipher Common Shares Gross, Jason 5 27/09/2013 51 0.61 47,500 5,000 Pharmaceuticals Inc. Cipher Common Shares Gross, Jason 5 27/09/2013 10 6.4 42,500 -5,000 Pharmaceuticals Inc. Cipher Options Gross, Jason 5 26/09/2013 51 0.61 362,500 -5,000 Pharmaceuticals Inc. Cipher Options Gross, Jason 5 27/09/2013 51 0.61 357,500 -5,000 Pharmaceuticals Inc. Clean Seed Capital Common Shares Tommasi, Mark 4 27/09/2013 10 0.26 2,386,000 -20,000 Group Ltd. Clean Seed Capital Common Shares Tommasi, Mark 4 25/09/2013 10 0.28 2,424,000 -500 Group Ltd. Clean Seed Capital Common Shares Tommasi, Mark 4 26/09/2013 10 0.28 2,414,500 -9,500 Group Ltd. Clean Seed Capital Common Shares Tommasi, Mark 4 26/09/2013 10 0.26 2,406,000 -8,500 Group Ltd. Clearwater Seafoods Deferred Share Units Dickson, James 4 01/10/2013 56 5.542 12,421 3,203 Incorporated Malcolm Clearwater Seafoods Deferred Share Units Giles, Harold 4 01/10/2013 56 5.542 18,137 2,210 Incorporated
October 10, 2013 (2013) 36 OSCB 9895
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Clearwater Seafoods Deferred Share Units Paddick, Brendan 4 01/10/2013 56 5.542 15,977 2,391 Incorporated John Clearwater Seafoods Deferred Share Units Risley, John Carter 4 01/10/2013 56 5.542 9,118 2,346 Incorporated CML HealthCare Inc. Deferred Share Units Barry, Gery J. 4 27/09/2013 57 0 -19,493 CML HealthCare Inc. Restricted Share Brent, Peter 5 27/09/2013 57 0 -10,760 Units CML HealthCare Inc. Deferred Share Units Fairbrother, Joseph 4 27/09/2013 58 - 0 -19,493 Expiration of rights CML HealthCare Inc. Deferred Share Units Fisher Jr., Robert P. 4 27/09/2013 57 0 -40,509 CML HealthCare Inc. Options Gilmour, Wendy 5 27/09/2013 51 0 -15,322 CML HealthCare Inc. Performance Share Gilmour, Wendy 5 27/09/2013 57 0 -1,026 Units CML HealthCare Inc. Restricted Share Gilmour, Wendy 5 27/09/2013 57 0 -14,347 Units CML HealthCare Inc. Performance Share mcgraw, john 5 27/09/2013 57 0 -5,850 Units CML HealthCare Inc. Restricted Share mcgraw, john 5 27/09/2013 57 0 -16,128 Units CML HealthCare Inc. Deferred Share Units Merrin, Patrice 4 27/09/2013 57 0 -45,043 CML HealthCare Inc. Deferred Share Units van der Velden, 4 27/09/2013 57 0 -9,468 Peter CML HealthCare Inc. Options Weber, Thomas S. 5 27/09/2013 51 0 -335,817 CML HealthCare Inc. Performance Share Weber, Thomas S. 5 27/09/2013 57 0 -25,923 Units CML HealthCare Inc. Restricted Share Weber, Thomas S. 5 27/09/2013 57 0 -32,538 Units CML HealthCare Inc. Options Wellner, Thomas 5 27/09/2013 57 0 -282,160 Gordon CML HealthCare Inc. Performance Share Wellner, Thomas 5 27/09/2013 57 0 -20,495 Units Gordon CML HealthCare Inc. Restricted Share Wellner, Thomas 5 27/09/2013 57 0 -70,571 Units Gordon CML HealthCare Inc. Deferred Share Units Wiseman, Stephen 4 27/09/2013 57 0 -19,493 R. Co-operators General Preferred Shares Daniel, Kevin 7 30/09/2013 30 100 871 1 Insurance Company Class A Series B Co-operators General Preferred Shares McCombie, Richard 7 30/09/2013 30 100 1,995 4 Insurance Company Class A Series B Allen Coalspur Mines Performance Rights Kritsos, Xenia 5 17/09/2013 00 270,000 Limited Coastal Contacts Inc. Common Shares Hardy, Roger 3, 4, 03/10/2013 10 6.9005 3,230,394 -200,000 5 Coastal Contacts Inc. Common Shares Hardy, Roger 3, 4, 04/10/2013 51 1.6 3,355,394 125,000 5 Coastal Contacts Inc. Common Shares Hardy, Roger 3, 4, 04/10/2013 51 2.84 3,430,394 75,000 5 Coastal Contacts Inc. Options Hardy, Roger 3, 4, 04/10/2013 51 1.6 707,500 -125,000 5 Coastal Contacts Inc. Options Hardy, Roger 3, 4, 04/10/2013 51 2.84 632,500 -75,000 5 Coastal Gold Corp. Options Duras, Greg 5 30/09/2013 38 1 835,000 -40,000 Coastal Gold Corp. Options Gower, David 4, 5 30/09/2013 38 1 600,000 -300,000 Patrick Coastal Gold Corp. Options Hoffman, Michael 4 30/09/2013 38 1 1,125,000 -100,000 Coastal Gold Corp. Options Parent, Colinda 5 30/09/2013 38 1 610,000 -40,000 Mary Coastal Gold Corp. Options Pearson, William 4, 5 30/09/2013 38 1 1,100,000 -300,000 Coastal Gold Corp. Options Van Deurzen, 5 30/09/2013 38 1 500,000 -40,000 Joshua Frank Coastal Gold Corp. Options Warner, David 4 30/09/2013 38 1 450,000 -50,000 Cogitore Resources Common Shares Goodman, Daniel 3 26/02/2013 90 0 -5,363,285 Inc. Cogitore Resources Common Shares Goodman, Daniel 3 05/12/2008 00 Inc. Cogitore Resources Common Shares Goodman, Daniel 3 26/02/2013 90 5,363,285 5,363,285 Inc. Cogitore Resources Common Shares Goodman, Daniel 3 30/09/2013 47 3,963,285 -1,400,000 Inc. Colabor Group Inc. Common Shares Saillant, Claude 5 23/09/2013 00 Colombian Mines Common Shares Carrington, Robert 4, 7, 30/09/2013 10 0.28 1,053,353 500 Corporation Gregory 5 Colossus Minerals Inc. Common Shares Reeson, Douglas 4 01/10/2013 90 0.78 74,400 -25,000 Colossus Minerals Inc. Common Shares Reeson, Douglas 4 06/02/2008 00
October 10, 2013 (2013) 36 OSCB 9896
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Colossus Minerals Inc. Common Shares Reeson, Douglas 4 01/10/2013 90 0.78 25,000 25,000 COM DEV Common Shares Manternach, Peter 2 31/12/2010 00 International Ltd. James COM DEV Common Shares Manternach, Peter 2 17/06/2013 57 4,009 4,009 International Ltd. James COM DEV Performance Share Manternach, Peter 2 31/12/2010 00 3,767 International Ltd. Units James COM DEV Performance Share Manternach, Peter 2 13/06/2011 56 6,738 2,971 International Ltd. Units James COM DEV Performance Share Manternach, Peter 2 11/06/2012 56 11,205 4,467 International Ltd. Units James COM DEV Performance Share Manternach, Peter 2 10/06/2013 56 14,498 3,293 International Ltd. Units James COM DEV Performance Share Manternach, Peter 2 17/06/2013 57 10,731 -3,767 International Ltd. Units James COM DEV Restricted Share Manternach, Peter 2 31/12/2010 00 3,767 International Ltd. Units James COM DEV Restricted Share Manternach, Peter 2 13/06/2011 56 6,738 2,971 International Ltd. Units James COM DEV Restricted Share Manternach, Peter 2 11/06/2012 56 11,205 4,467 International Ltd. Units James COM DEV Restricted Share Manternach, Peter 2 10/06/2013 56 14,498 3,293 International Ltd. Units James COM DEV Restricted Share Manternach, Peter 2 17/06/2013 57 10,731 -3,767 International Ltd. Units James COM DEV Common Shares McLaren, Colin 2 15/07/2013 00 7,460 International Ltd. Peter COM DEV Performance Share McLaren, Colin 2 15/07/2013 00 10,009 International Ltd. Units Peter COM DEV Restricted Share McLaren, Colin 2 15/07/2013 00 10,009 International Ltd. Units Peter Conquest Resources Common Shares Whitelaw, Douglas 4, 5 30/09/2013 10 0.01 80,000 -40,000 Limited Brett Corsa Coal Corp. Common Shares Caldwell, Paul 5 27/09/2013 10 0.14 398,500 23,000 Douglas Corsa Coal Corp. Common Shares Caldwell, Paul 5 30/09/2013 10 0.145 450,000 51,500 Douglas Corsa Coal Corp. Common Shares Caldwell, Paul 5 01/10/2013 10 0.145 497,000 47,000 Douglas Corsa Coal Corp. Common Shares Caldwell, Paul 5 02/10/2013 10 0.145 500,000 3,000 Douglas Counsel Corporation Common Shares Weintraub, Stephen 5 25/09/2013 10 2.91 489,301 -2,600 Allen Counsel Corporation Common Shares Weintraub, Stephen 5 27/09/2013 10 2.72 481,501 -7,800 Allen CounterPath Common Shares Jones, Donovan 4, 5 03/10/2013 30 1.41 79,001 1,064 Corporation CounterPath Common Shares Karp, David 5 03/10/2013 30 1.41 26,324 323 Corporation Lawrence Covalon Technologies Options Bernholtz, Martin 4 26/09/2013 50 0.85 105,000 5,000 Ltd. Covalon Technologies Options Cordiano, Joseph 4 26/09/2013 50 0.85 510,000 20,000 Ltd. Covalon Technologies Options miller, murray 4 26/09/2013 50 0.85 445,000 5,000 Ltd. Covalon Technologies Options Pedlar, Brian 4, 5 27/09/2013 50 1,410,000 200,000 Ltd. Edward Crescent Point Energy Common Shares Balutis, David 5 01/10/2013 57 576,270 8,801 Corp. Crescent Point Energy Common Shares Balutis, David 5 01/10/2013 97 572,748 -3,522 Corp. Crescent Point Energy Restricted Share Balutis, David 5 01/10/2013 57 81,059 -8,801 Corp. Units Crescent Point Energy Common Shares Bannister, Peter 4 01/10/2013 57 549,819 819 Corp. Crescent Point Energy Common Shares Bannister, Peter 4 01/10/2013 97 549,572 -247 Corp. Crescent Point Energy Deferred Share Units Bannister, Peter 4 01/10/2013 30 39.23 15,756 2,436 Corp. Crescent Point Energy Restricted Share Bannister, Peter 4 01/10/2013 56 6,111 1,283 Corp. Units Crescent Point Energy Restricted Share Bannister, Peter 4 01/10/2013 57 5,292 -819 Corp. Units
October 10, 2013 (2013) 36 OSCB 9897
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Crescent Point Energy Common Shares Borggard, Bradley 5 01/10/2013 57 29,718 2,334 Corp. Harlan Crescent Point Energy Common Shares Borggard, Bradley 5 01/10/2013 97 28,784 -934 Corp. Harlan Crescent Point Energy Restricted Share Borggard, Bradley 5 01/10/2013 57 40,111 -2,334 Corp. Units Harlan Crescent Point Energy Common Shares Christie, Derek 5 01/10/2013 57 180,676 3,334 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 01/10/2013 97 179,342 -1,334 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 01/10/2013 10 39.3 169,342 -10,000 Corp. Wayne Crescent Point Energy Restricted Share Christie, Derek 5 01/10/2013 57 72,641 -3,334 Corp. Units Wayne Crescent Point Energy Common Shares Cugnet, Kenney 4 01/10/2013 57 224,231 819 Corp. Frank Crescent Point Energy Deferred Share Units Cugnet, Kenney 4 01/10/2013 30 39.23 11,889 1,795 Corp. Frank Crescent Point Energy Restricted Share Cugnet, Kenney 4 01/10/2013 56 6,112 1,283 Corp. Units Frank Crescent Point Energy Restricted Share Cugnet, Kenney 4 01/10/2013 57 5,293 -819 Corp. Units Frank Crescent Point Energy Common Shares Gillard, D. Hugh 4 01/10/2013 57 43,076 819 Corp. Crescent Point Energy Common Shares Gillard, D. Hugh 4 01/10/2013 97 42,829 -247 Corp. Crescent Point Energy Deferred Share Units Gillard, D. Hugh 4 01/10/2013 30 39.23 11,889 1,795 Corp. Crescent Point Energy Restricted Share Gillard, D. Hugh 4 01/10/2013 56 6,112 1,283 Corp. Units Crescent Point Energy Restricted Share Gillard, D. Hugh 4 01/10/2013 57 5,293 -819 Corp. Units Crescent Point Energy Common Shares Gritzfeldt, Ryan 5 01/10/2013 57 109,014 4,834 Corp. Chad Raymond Crescent Point Energy Common Shares Gritzfeldt, Ryan 5 01/10/2013 97 107,080 -1,934 Corp. Chad Raymond Crescent Point Energy Restricted Share Gritzfeldt, Ryan 5 01/10/2013 57 73,834 -4,834 Corp. Units Chad Raymond Crescent Point Energy Common Shares LAMONT, 5 01/10/2013 57 167,846 5,334 Corp. KENNETH Crescent Point Energy Common Shares LAMONT, 5 01/10/2013 97 165,445 -2,401 Corp. KENNETH Crescent Point Energy Common Shares LAMONT, 5 01/10/2013 10 39 162,445 -3,000 Corp. KENNETH Crescent Point Energy Restricted Share LAMONT, 5 01/10/2013 57 84,494 -5,334 Corp. Units KENNETH Crescent Point Energy Common Shares MacDonald, 5 30/09/2013 10 39.019 245,115 -7,300 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 30/09/2013 10 39.024 244,215 -900 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 30/09/2013 10 39.025 242,315 -1,900 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 30/09/2013 10 39.078 241,915 -400 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 30/09/2013 10 39.079 241,215 -700 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 30/09/2013 10 39.08 240,315 -900 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 01/10/2013 57 260,638 20,323 Corp. Tamara Crescent Point Energy Common Shares MacDonald, 5 01/10/2013 97 252,508 -8,130 Corp. Tamara Crescent Point Energy Restricted Share MacDonald, 5 01/10/2013 56 123,033 13,232 Corp. Units Tamara Crescent Point Energy Restricted Share MacDonald, 5 01/10/2013 57 102,710 -20,323 Corp. Units Tamara Crescent Point Energy Common Shares ROMANZIN, 4 01/10/2013 57 819 819 Corp. GERALD A. Crescent Point Energy Common Shares ROMANZIN, 4 01/10/2013 97 572 -247 Corp. GERALD A.
October 10, 2013 (2013) 36 OSCB 9898
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Crescent Point Energy Deferred Share Units ROMANZIN, 4 01/10/2013 30 39.23 11,889 1,795 Corp. GERALD A. Crescent Point Energy Restricted Share ROMANZIN, 4 01/10/2013 56 6,111 1,283 Corp. Units GERALD A. Crescent Point Energy Restricted Share ROMANZIN, 4 01/10/2013 57 5,292 -819 Corp. Units GERALD A. Crescent Point Energy Common Shares Saxberg, Scott 4 01/10/2013 57 805,528 25,351 Corp. Crescent Point Energy Common Shares Saxberg, Scott 4 01/10/2013 97 795,387 -10,141 Corp. Crescent Point Energy Restricted Share Saxberg, Scott 4 01/10/2013 56 257,806 6,950 Corp. Units Crescent Point Energy Restricted Share Saxberg, Scott 4 01/10/2013 57 232,455 -25,351 Corp. Units Crescent Point Energy Common Shares Smith, Clifford Neil 5 01/10/2013 57 288,205 13,467 Corp. Crescent Point Energy Common Shares Smith, Clifford Neil 5 01/10/2013 97 282,548 -5,657 Corp. Crescent Point Energy Restricted Share Smith, Clifford Neil 5 01/10/2013 56 130,670 5,758 Corp. Units Crescent Point Energy Restricted Share Smith, Clifford Neil 5 01/10/2013 57 117,203 -13,467 Corp. Units Crescent Point Energy Common Shares Stangl, Trent Terry 5 01/10/2013 57 140,747 4,666 Corp. Crescent Point Energy Common Shares Stangl, Trent Terry 5 01/10/2013 97 138,880 -1,867 Corp. Crescent Point Energy Restricted Share Stangl, Trent Terry 5 01/10/2013 57 71,993 -4,666 Corp. Units Crescent Point Energy Common Shares TISDALE, 5 30/09/2013 10 39.043 116,298 -13,000 Corp. GREGORY Crescent Point Energy Common Shares TISDALE, 5 01/10/2013 57 138,248 21,950 Corp. GREGORY Crescent Point Energy Common Shares TISDALE, 5 01/10/2013 97 129,028 -9,220 Corp. GREGORY Crescent Point Energy Common Shares TISDALE, 5 01/10/2013 10 39.168 127,353 -1,675 Corp. GREGORY Crescent Point Energy Restricted Share TISDALE, 5 01/10/2013 56 145,824 13,907 Corp. Units GREGORY Crescent Point Energy Restricted Share TISDALE, 5 01/10/2013 57 123,874 -21,950 Corp. Units GREGORY Crescent Point Energy Common Shares Toews, Steven 5 01/10/2013 57 133,488 4,334 Corp. George Crescent Point Energy Common Shares Toews, Steven 5 01/10/2013 97 131,537 -1,951 Corp. George Crescent Point Energy Restricted Share Toews, Steven 5 01/10/2013 57 64,279 -4,334 Corp. Units George Crescent Point Energy Common Shares Turnbull, Gregory 4 01/10/2013 57 47,444 819 Corp. George Crescent Point Energy Common Shares Turnbull, Gregory 4 01/10/2013 97 47,197 -247 Corp. George Crescent Point Energy Deferred Share Units Turnbull, Gregory 4 01/10/2013 30 39.23 11,889 1,795 Corp. George Crescent Point Energy Restricted Share Turnbull, Gregory 4 01/10/2013 56 6,112 1,283 Corp. Units George Crescent Point Energy Restricted Share Turnbull, Gregory 4 01/10/2013 57 5,293 -819 Corp. Units George CriticalControl Common Shares CriticalControl 1 30/09/2013 38 0.37 151,000 8,500 Solutions Corp. Solutions Corp. CriticalControl Common Shares CriticalControl 1 01/10/2013 38 0.38 151,500 500 Solutions Corp. Solutions Corp. CriticalControl Common Shares CriticalControl 1 01/10/2013 38 0.39 155,500 4,000 Solutions Corp. Solutions Corp. CriticalControl Common Shares CriticalControl 1 04/10/2013 38 0.4 164,000 8,500 Solutions Corp. Solutions Corp. Crocodile Gold Corp. Options Conboy, Kevin 4 25/09/2013 50 0.1 850,000 Crocodile Gold Corp. Options Conboy, Kevin 4 25/09/2013 50 0.1 850,000 Crocodile Gold Corp. Options Conboy, Kevin 4 25/09/2013 50 1,110,000 850,000 Crocodile Gold Corp. Options Dufour, Robert 5 25/09/2013 50 1,400,000 1,100,000 James Joseph Crocodile Gold Corp. Options Faught, George D. 4 11/08/2013 52 910,000 -15,873
October 10, 2013 (2013) 36 OSCB 9899
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Crocodile Gold Corp. Options Getz, Robert 4 25/09/2013 50 1,110,000 850,000 Hinman Crown Gold Common Shares Dunn, Stephen 4 03/10/2013 10 0.02 1,443,500 200,000 Corporation Ronald Crown Gold Common Shares Dunn, Stephen 4 04/10/2013 10 0.025 1,543,500 100,000 Corporation Ronald Cub Energy Inc. Common Shares Bensh, Robert 6 29/03/2012 00 500,000 (formerly: 3P International Energy Corp.) Cub Energy Inc. Common Shares Bensh, Robert 6 01/03/2013 00 (formerly: 3P International Energy Corp.) Cub Energy Inc. Common Shares Bensh, Robert 6 29/03/2012 00 123,278,089 (formerly: 3P International Energy Corp.) Cub Energy Inc. Common Shares Bensh, Robert 6 01/03/2013 00 (formerly: 3P International Energy Corp.) Cub Energy Inc. Options Bensh, Robert 6 29/03/2012 00 450,000 (formerly: 3P International Energy Corp.) Cub Energy Inc. Options Bensh, Robert 6 01/03/2013 00 (formerly: 3P International Energy Corp.) Cub Energy Inc. Options Bensh, Robert 6 01/03/2013 00 (formerly: 3P International Energy Corp.) Cub Energy Inc. Common Shares Bortnik, Valentin 6 25/09/2013 00 123,340,089 (formerly: 3P International Energy Corp.) Cub Energy Inc. Common Shares Pelicourt Limited 3 25/09/2013 10 0.19 123,340,089 62,000 (formerly: 3P International Energy Corp.) CVTech Group Inc. Common Shares Groupe CVTech 1 03/09/2013 38 1.17 49,670 1,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 03/09/2013 38 1.16 50,470 800 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 04/09/2013 38 1.16 52,970 2,500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 04/09/2013 38 1.15 54,470 1,500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 04/09/2013 38 1.14 55,470 1,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 04/09/2013 38 1.12 56,270 800 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 05/09/2013 38 7,600 -48,670 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 05/09/2013 38 1.13 7,800 200 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 06/09/2013 38 1.14 8,500 700 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 06/09/2013 38 1.15 12,500 4,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 09/09/2013 38 1.14 16,500 4,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 11/09/2013 38 1.12 17,800 1,300 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 11/09/2013 38 1.13 21,800 4,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 11/09/2013 38 1.14 22,300 500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 12/09/2013 38 1.12 24,100 1,800 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 13/09/2013 38 1.14 24,600 500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 13/09/2013 38 1.13 29,400 4,800 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 16/09/2013 38 1.13 32,400 3,000 inc.
October 10, 2013 (2013) 36 OSCB 9900
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed CVTech Group Inc. Common Shares Groupe CVTech 1 16/09/2013 38 1.12 33,300 900 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 18/09/2013 38 1.12 35,300 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 18/09/2013 38 1.11 37,300 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 19/09/2013 38 1.13 39,300 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 19/09/2013 38 1.11 39,400 100 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 19/09/2013 38 1.12 41,900 2,500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 20/09/2013 38 1.12 42,900 1,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 23/09/2013 38 1.12 49,245 6,345 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 24/09/2013 38 1.12 51,245 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 24/09/2013 38 1.14 55,545 4,300 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 25/09/2013 38 1.14 57,545 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 25/09/2013 38 1.13 59,545 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 25/09/2013 38 1.12 60,545 1,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 25/09/2013 38 1.11 61,045 500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 25/09/2013 38 1.1 61,190 145 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 25/09/2013 38 1.09 61,790 600 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 26/09/2013 38 1.1 64,290 2,500 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 26/09/2013 38 1.09 66,290 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 27/09/2013 38 1.1 71,490 5,200 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 30/09/2013 38 1.1 73,490 2,000 inc. CVTech Group Inc. Common Shares Groupe CVTech 1 30/09/2013 38 1.11 75,490 2,000 inc. Cymbria Corporation Deferred Share Units MacDonald, James 4 30/09/2013 56 19.214 7,860 260 Stuart Alexander Cypress Development Common Shares Trimble, William 5 26/09/2013 10 0.01 1,280,000 10,000 Corp. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 26/09/2013 10 0.13 85,000 2,400 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 26/09/2013 10 0.13 9,400 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 26/09/2013 10 0.13 9,400 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 27/09/2013 10 0.13 94,400 9,400 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 30/09/2013 10 0.13 103,900 9,500 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 01/10/2013 10 0.13 130,400 26,500 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 02/10/2013 10 0.13 131,600 1,200 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 03/10/2013 10 0.13 132,200 600 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 26/09/2013 10 0.13 176,000 1,600 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 27/09/2013 10 0.13 182,600 6,600 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 30/09/2013 10 0.13 189,100 6,500 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 01/10/2013 10 0.13 207,600 18,500 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 02/10/2013 10 0.13 208,400 800 Metals Inc. Dacha Strategic Common Shares Puccetti, Peter H. 4, 5 03/10/2013 10 0.13 208,800 400 Metals Inc. DDJ High Yield Fund Units DDJ High Yield 1 24/09/2013 38 10.74 1,000 1,000 Fund
October 10, 2013 (2013) 36 OSCB 9901
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed DDJ High Yield Fund Units DDJ High Yield 1 24/09/2013 38 0 -1,000 Fund DECISIVE DIVIDEND Options Campbell, Michael 4 24/09/2013 50 1 15,900 10,000 CORPORATION Bruce DECISIVE DIVIDEND Options Conway, Michael 4 24/09/2013 50 1 15,900 10,000 CORPORATION Thomas DECISIVE DIVIDEND Options Edwards, Gerald 4, 5 24/09/2013 50 1 25,900 20,000 CORPORATION Terence DECISIVE DIVIDEND Options Matheos, Warren 4 24/09/2013 50 1 15,900 10,000 CORPORATION Frederick DECISIVE DIVIDEND Options Paterson, James 4, 5 24/09/2013 50 1 25,900 20,000 CORPORATION Andrew DECISIVE DIVIDEND Options Pirie, Timothy 4 24/09/2013 50 1 25,900 20,000 CORPORATION James DECISIVE DIVIDEND Options Redekop, David 4, 5 24/09/2013 50 1 25,900 20,000 CORPORATION Diagnos Inc. Common Shares Inwentash, Sheldon 6 30/09/2013 10 0.1075 9,700,000 16,500 Diagnos Inc. Common Shares Pinetree Capital 3 30/09/2013 10 0.1075 9,700,000 16,500 Ltd. Dixie Energy Trust Trust Units Fawcett, Earl 4 28/06/2013 11 0.8 1,000,000 250,000 Clifford Dixie Energy Trust Trust Units Tanaka, Karen Lori 5 17/07/2013 11 0.8 211,250 31,250 Dorel Industries Inc. Rights Deferred Baird, Robert 5 22/08/2013 35 34.48 4,637 42 Share Units Dorel Industries Inc. Rights Executive Baird, Robert 5 22/08/2013 35 34.47 7,378 67 Deferred Share Units Dorel Industries Inc. Rights Deferred Benedetti, Alain 4 22/08/2013 35 34.48 22,599 205 Share Units Dorel Industries Inc. Rights Deferred Benedetti, Alain 4 30/09/2013 56 38.5 23,326 727 Share Units Dorel Industries Inc. Rights Executive Braunstein, Norman 4 22/08/2013 35 34.47 8,477 77 Deferred Share Units Dorel Industries Inc. Rights Deferred Cohen, Dian 4 22/08/2013 35 34.48 14,663 133 Share Units Dorel Industries Inc. Rights Deferred Cohen, Dian 4 30/09/2013 56 38.5 15,312 649 Share Units Dorel Industries Inc. Rights Deferred Duchesne, Rupert 4 22/08/2013 35 34.48 9,583 86 Share Units Dorel Industries Inc. Rights Deferred Duchesne, Rupert 4 30/09/2013 56 38.5 10,246 663 Share Units Dorel Industries Inc. Rights Executive Duval, Sylvain 5 22/08/2013 35 34.47 389 3 Deferred Share Units Dorel Industries Inc. Rights Deferred Gordon, Harold P. 4 22/08/2013 35 34.48 26,145 237 Share Units Dorel Industries Inc. Rights Deferred Gordon, Harold P. 4 30/09/2013 56 38.5 26,840 695 Share Units Dorel Industries Inc. Rights Executive Jacomin, Jean- 5 22/08/2013 35 34.47 5,675 52 Deferred Share Units Claude Dorel Industries Inc. Rights Executive Rana, Franco 5 22/08/2013 35 34.47 5,818 52 Deferred Share Units Dorel Industries Inc. Rights Executive Schwartz, Jeffrey 3, 4, 22/08/2013 35 34.47 5,818 52 Deferred Share Units 5 Dorel Industries Inc. Rights Executive Segel, Jeffrey 3, 4, 22/08/2013 35 34.47 5,818 52 Deferred Share Units 5 Dorel Industries Inc. Rights Deferred Tousson, Maurice 4 22/08/2013 35 34.48 30,284 275 Share Units Dorel Industries Inc. Rights Deferred Tousson, Maurice 4 30/09/2013 56 38.5 31,199 915 Share Units Dorel Industries Inc. Rights Executive Warren, Barry 4 22/08/2013 35 34.47 1,706 15 Deferred Share Units DragonWave Inc. Common Shares Farrar, David 7, 5 03/10/2013 30 1.9966 250,608 1,204 Russell DragonWave Inc. Common Shares Frederick, Russell, 5 03/10/2013 30 1.9966 88,611 602 James DualEx Energy Options Rain, David James 4 30/09/2013 52 0.3 375,000 -25,000 International Inc. Dundee Energy Options Buntain, Derek 4 17/05/2012 52 1.12 100,000 -300,000 Limited (formerly Hedley Longworth Eurogas Corporation) Dundee Industrial Units Ferstman, Joanne 4 02/10/2013 10 8.72 28,000 3,000 Real Estate Shari Investment Trust
October 10, 2013 (2013) 36 OSCB 9902
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Dundee International Units Cruise, Brydon 4, 7 30/09/2013 10 9.3721 60,000 10,000 Real Estate Investment Trust Dundee Precious Rights Deferred Buntain, Derek 4 30/09/2013 56 5.7 23,256 1,505 Metals Inc. Share Units Hedley Longworth Dundee Precious Rights Deferred Gillin, Robert Peter 4 30/09/2013 56 5.7 35,346 3,609 Metals Inc. Share Units Charles Dundee Precious Rights Deferred John, William 4 30/09/2013 46 5.7 89,149 46,379 Metals Inc. Share Units Murray Dundee Precious Rights Deferred Kinsman, Jeremy 4 30/09/2013 56 5.7 20,176 978 Metals Inc. Share Units Dundee Precious Rights Deferred Nixon, Peter 4 30/09/2013 56 5.7 23,256 1,505 Metals Inc. Share Units Dundee Precious Rights Deferred Singer, Ronald 4 30/09/2013 56 5.7 32,240 2,294 Metals Inc. Share Units Dundee Precious Rights Deferred Thomas, Eira 4 30/09/2013 56 5.7 8,686 2,293 Metals Inc. Share Units Margaret Dundee Precious Rights Deferred Walsh, Anthony P. 4 30/09/2013 56 5.7 9,570 2,293 Metals Inc. Share Units Dundee Precious Rights Deferred Wilson, William 4 30/09/2013 56 5.7 35,274 978 Metals Inc. Share Units George Dundee Precious Rights Deferred Young, Donald 4 30/09/2013 56 5.7 9,585 978 Metals Inc. Share Units Walter East Coast Investment Units Arrow Capital 7 02/10/2013 10 10.801 33,500 1,200 Grade Income Fund Management Inc. Eastern Platinum Options Roberts, John 4 26/09/2013 38 2.31 2,098,000 -200,000 Limited Merfyn Eastern Platinum Options Roberts, John 4 26/09/2013 38 1.3 1,998,000 -100,000 Limited Merfyn Eastern Platinum Options Roberts, John 4 26/09/2013 38 1.55 1,898,000 -100,000 Limited Merfyn Ecuador Gold and Options Laing, Glenn 4 20/05/2011 56 0.3 507,402 Copper Corp. Ecuador Gold and Options Laing, Glenn 4 20/05/2011 50 0.3 1,719,484 507,402 Copper Corp. Ecuador Gold and Options Laing, Glenn 4 30/05/2011 53 0.45 405,922 Copper Corp. Ecuador Gold and Options Laing, Glenn 4 31/05/2011 50 0.45 2,125,406 405,922 Copper Corp. Ecuador Gold and Options Laing, Glenn 4 26/09/2013 50 0.1 5,333,819 2,740,000 Copper Corp. Ecuador Gold and Options Tilkov, Mit 5 26/09/2013 50 0.1 1,500,000 500,000 Copper Corp. EGI Financial Common Shares Chien, Teddy 5 23/02/2012 00 Holdings Inc. EGI Financial Common Shares Chien, Teddy 5 30/09/2013 10 7.18 2,000 2,000 Holdings Inc. EGI Financial Common Shares Chien, Teddy 5 30/09/2013 10 13 0 -2,000 Holdings Inc. EGI Financial Options Chien, Teddy 5 30/09/2013 51 32,500 -2,000 Holdings Inc. EGI Financial Common Shares Covington Fund II 3 26/09/2013 10 13 0 -733,848 Holdings Inc. Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 01/12/2005 00 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2006 97 10.41 426 426 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2006 97 9.02 428 2 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2006 97 9.02 795 367 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2006 97 8.19 799 4 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2006 97 8.19 1,158 359 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2006 97 9.73 1,163 5 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2006 97 9.73 1,503 340 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2007 97 11.83 1,920 417 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2007 97 11.83 1,926 6 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2007 97 12.45 1,934 8 Holdings Inc.
October 10, 2013 (2013) 36 OSCB 9903
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2007 97 12.45 2,260 326 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2007 97 12.62 2,269 9 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2007 97 12.62 2,631 362 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2007 97 13.99 2,640 9 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2007 97 13.99 2,993 353 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2008 97 11.01 3,407 414 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2008 97 11.01 3,423 16 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2008 97 11.99 3,804 381 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2008 97 11.99 3,821 17 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2008 97 9.56 3,845 24 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2008 97 9.56 4,270 425 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2008 97 6.49 4,915 645 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2008 97 6.49 4,954 39 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2009 97 7.02 5,657 703 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2009 97 7.02 5,707 50 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2009 97 8.58 6,217 510 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2009 97 9.2 6,699 482 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2009 97 11.5 7,050 351 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2010 97 10.85 7,459 409 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2010 97 9.13 7,945 486 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2010 97 7.76 8,517 572 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2010 97 7.7 9,175 658 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2011 97 8 9,823 648 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2011 97 8.53 10,299 476 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2011 97 7.28 10,857 558 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2011 97 7.03 11,436 579 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2012 97 7.63 12,083 647 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2012 97 9.53 12,509 426 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/09/2012 97 8.85 12,968 459 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/12/2012 97 9.38 13,394 426 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 31/03/2013 97 10.78 14,183 789 Holdings Inc. EGI Financial Deferred Share Units Purves, Robert 4, 5 30/06/2013 97 10.41 14,678 495 Holdings Inc. Eldorado Gold Deferred Units (Cash Handley, Geoffrey 4 30/09/2013 56 33,504 4,964 Corporation Settled) Arthur Eldorado Gold Deferred Units (Cash Lenton, Wayne 4 30/09/2013 56 29,187 647 Corporation Settled) Douglas Eldorado Gold Deferred Units (Cash Shumka, Donald 4 30/09/2013 56 33,180 4,640 Corporation Settled) Electrovaya Inc. Common Shares BHOLA, RAKESH 5 27/06/2013 00 25,000 Electrovaya Inc. Options BHOLA, RAKESH 5 27/06/2013 00 650,000 Electrovaya Inc. Common Shares gopikanth, michael 4 02/10/2013 10 1.006 500 Electrovaya Inc. Common Shares gopikanth, michael 4 02/10/2013 10 1.006 500 -500 Electrovaya Inc. Options gopikanth, michael 4 02/10/2013 51 0.56 29,000 5,000 Electrovaya Inc. Options gopikanth, michael 4 02/10/2013 51 0.29 34,000 5,000 Element Financial Common Shares Nikopoulos, Jim 5 23/09/2013 00 3,650 Corporation
October 10, 2013 (2013) 36 OSCB 9904
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Elgin Mining Inc. Rights Mullen, David 4 28/06/2013 56 48,913 (formerly Phoenix Frederick Coal Inc.) Elgin Mining Inc. Rights Deferred Mullen, David 4 01/05/2012 00 (formerly Phoenix Shares Unit (DSU) Frederick Coal Inc.) Elgin Mining Inc. Rights Deferred Mullen, David 4 28/06/2013 56 48,913 48,913 (formerly Phoenix Shares Unit (DSU) Frederick Coal Inc.) Elgin Mining Inc. Rights Deferred Mullen, David 4 30/09/2013 56 138,540 89,627 (formerly Phoenix Shares Unit (DSU) Frederick Coal Inc.) Elgin Mining Inc. Rights Sinclair, Alistair 4, 5 28/06/2013 56 43,478 (formerly Phoenix Murray Coal Inc.) Elgin Mining Inc. Rights Deferred Sinclair, Alistair 4, 5 20/06/2007 00 (formerly Phoenix Shares Unit (DSU) Murray Coal Inc.) Elgin Mining Inc. Rights Deferred Sinclair, Alistair 4, 5 28/06/2013 56 43,478 43,478 (formerly Phoenix Shares Unit (DSU) Murray Coal Inc.) Elgin Mining Inc. Rights Deferred Sinclair, Alistair 4, 5 02/10/2013 56 123,147 79,669 (formerly Phoenix Shares Unit (DSU) Murray Coal Inc.) Elgin Mining Inc. Rights Deferred Sood, Ravi 4 30/09/2013 56 135,494 89,627 (formerly Phoenix Shares Unit (DSU) Coal Inc.) Elgin Mining Inc. Deferred Share Unit Wardell, Bob 4 28/06/2013 56 54,347 (formerly Phoenix (DSU) Coal Inc.) Elgin Mining Inc. Rights Deferred Wardell, Bob 4 27/06/2008 00 (formerly Phoenix Shares Unit (DSU) Coal Inc.) Elgin Mining Inc. Rights Deferred Wardell, Bob 4 28/06/2013 56 54,347 54,347 (formerly Phoenix Shares Unit (DSU) Coal Inc.) Elgin Mining Inc. Rights Deferred Wardell, Bob 4 30/09/2013 56 153,933 99,586 (formerly Phoenix Shares Unit (DSU) Coal Inc.) Emera Incorporated DSU Armour, Wesley 4 30/09/2013 56 27,078 670 Gordon Emera Incorporated DSU Armour, Wesley 4 30/09/2013 30 27,372 294 Gordon Emera Incorporated DSU Bragg, James Lee 4 30/09/2013 56 5,528 347 Emera Incorporated DSU Bragg, James Lee 4 30/09/2013 30 5,586 58 Emera Incorporated DSU Briggs, Robert 4 30/09/2013 56 4,097 290 Stearns Emera Incorporated DSU Briggs, Robert 4 30/09/2013 30 4,139 42 Stearns Emera Incorporated DSU Chrominska, Sylvia 4 30/09/2013 56 8,516 605 Dolores Emera Incorporated DSU Chrominska, Sylvia 4 30/09/2013 30 8,604 88 Dolores Emera Incorporated DSU Edgeworth, Allan 4 30/09/2013 56 27,189 533 Leslie Emera Incorporated DSU Edgeworth, Allan 4 30/09/2013 30 27,486 297 Leslie Emera Incorporated DSU Eisenhauer, James 7 30/09/2013 56 18,758 1,125 Daniel Emera Incorporated DSU Eisenhauer, James 7 30/09/2013 30 18,955 197 Daniel Emera Incorporated DSU Ivany, Raymond 7 30/09/2013 56 5,127 680 Edmund Emera Incorporated DSU Ivany, Raymond 7 30/09/2013 30 5,177 50 Edmund Emera Incorporated DSU Loewen, Lynn 4 30/09/2013 56 1,900 739 Emera Incorporated DSU Loewen, Lynn 4 30/09/2013 30 1,913 13 Emera Incorporated DSU McLennan, John T. 7 30/09/2013 56 53,284 1,596 Emera Incorporated DSU McLennan, John T. 7 30/09/2013 30 53,860 576 Emera Incorporated DSU Pether, Donald 4 30/09/2013 56 16,340 710 Allison Emera Incorporated DSU Pether, Donald 4 30/09/2013 30 16,514 174 Allison Emera Incorporated DSU Rosen, Andrea 4 30/09/2013 56 25,337 811 Sarah Emera Incorporated DSU Rosen, Andrea 4 30/09/2013 30 25,610 273 Sarah
October 10, 2013 (2013) 36 OSCB 9905
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Emera Incorporated DSU Rounding, Marie 7 30/09/2013 56 11,562 414 Catherine Emera Incorporated DSU Rounding, Marie 7 30/09/2013 30 11,686 124 Catherine Emera Incorporated DSU Sergel, Richard 4 30/09/2013 56 3,276 290 Emera Incorporated DSU Sergel, Richard 4 30/09/2013 30 3,309 33 Emera Incorporated DSU SHEPPARD, Mary 4 30/09/2013 56 18,647 725 Jacqueline Emera Incorporated DSU SHEPPARD, Mary 4 30/09/2013 30 18,837 190 Jacqueline Emera Incorporated DSU SHEPPARD, Mary 4 30/09/2013 56 18,938 101 Jacqueline Emera Incorporated DSU SHEPPARD, Mary 4 30/09/2013 30 18,947 9 Jacqueline Empire Company Options Jewer, Paul Allan 7 03/02/2003 00 Limited Empire Company Options Jewer, Paul Allan 7 30/09/2013 50 12,392 12,392 Limited Empire Company Options McCaskill, Karin 7 11/12/2002 00 Limited Ann Empire Company Options McCaskill, Karin 7 30/09/2013 50 5,455 5,455 Limited Ann Empire Company Options Potter, Jason Jay 7 12/06/2006 00 Limited Nelson Empire Company Options Potter, Jason Jay 7 30/09/2013 50 19,135 19,135 Limited Nelson Empire Company Options Poulin, Marc 4, 7 26/02/2001 00 Limited Empire Company Options Poulin, Marc 4, 7 30/09/2013 50 41,029 41,029 Limited Empire Company Rights PSU Poulin, Marc 4, 7 30/09/2013 56 22,709 2,666 Limited (Performance Share Units) Empire Company Options Tessier, Claude 5 15/06/2007 00 Limited Empire Company Options Tessier, Claude 5 30/09/2013 50 17,313 17,313 Limited Empire Company Options Vimard, Francois 7 10/05/2003 00 Limited Empire Company Options Vimard, Francois 7 30/09/2013 50 18,224 18,224 Limited Enbridge Inc. Common Shares Ramos, William 6 05/08/2013 00 Mario Enbridge Inc. Common Shares Ramos, William 6 05/08/2013 00 Mario Enbridge Inc. Common Shares Ramos, William 6 05/08/2013 00 2,894 Mario Enbridge Inc. Common Shares Ross, William 7 02/10/2013 51 12.86 16,742 8,000 George Enbridge Inc. Common Shares Ross, William 7 02/10/2013 10 42.58 8,742 -8,000 George Enbridge Inc. Options $12.86 Ross, William 7 02/10/2013 51 0 -8,000 ($25.72) ($51.44) - George February 4, 2014 Expiry Endeavour Mining Deferred Share Units Henderson, Ian 4 30/09/2013 57 112,645 11,048 Corporation (Cash payment on Ramsay Redemption) Endeavour Silver Rights Deferred Handley, Geoffrey 4 14/06/2006 00 Corp. Share Unit Arthur Endeavour Silver Rights Deferred Handley, Geoffrey 4 22/05/2013 56 4.12 25,000 25,000 Corp. Share Unit Arthur Endeavour Silver Rights Deferred Handley, Geoffrey 4 30/09/2013 56 4.42 28,631 3,631 Corp. Share Unit Arthur Endeavour Silver Special Warrants Handley, Geoffrey 4 22/05/2013 56 4.12 25,000 Corp. Arthur Endeavour Silver Rights Deferred McLennan, Rex 4 30/09/2013 56 32,694 3,065 Corp. Share Unit John EnerCare Inc. Common Shares Macdonald, John 5 30/09/2013 10 9.6 34,675 1,000 (formerly The Consumers' Waterheater Income Fund)
October 10, 2013 (2013) 36 OSCB 9906
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed EnerCare Inc. Common Shares Macdonald, John 5 30/09/2013 10 9.63 300 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Macdonald, John 5 30/09/2013 10 9.63 34,875 200 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Macdonald, John 5 30/09/2013 10 9.64 34,975 100 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Macdonald, John 5 30/09/2013 10 9.62 35,175 200 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Deferred Share Units Pantelidis, James 4 30/09/2013 56 86,061 3,161 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Deferred Share Units Pearce, Roy 4 30/09/2013 56 34,139 1,192 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Toffoletto, John 5 30/09/2013 10 9.65 2,700 300 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Toffoletto, John 5 30/09/2013 10 9.66 2,900 200 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Toffoletto, John 5 30/09/2013 10 9.67 3,400 500 (formerly The Consumers' Waterheater Income Fund) EnerCare Inc. Common Shares Toffoletto, John 5 30/09/2013 10 9.68 4,400 1,000 (formerly The Consumers' Waterheater Income Fund) Enerflex Ltd. Common Shares Boswell, Robert 4 30/09/2013 10 13.416 26,350 625 Stephen Enerflex Ltd. Rights Deferred Boswell, Robert 4 30/09/2013 56 13.88 5,058 630 Share Units (cash Stephen settled) Enerflex Ltd. Rights Deferred Dunn, William 4 30/09/2013 56 13.88 18,823 2,287 Share Units (cash Byron settled) Enerflex Ltd. Rights Deferred Hill, Wayne S. 4 30/09/2013 56 13.88 10,114 1,261 Share Units (cash settled) Enerflex Ltd. Rights Deferred Marshall, H. Stanley 4 30/09/2013 56 13.88 19,319 2,630 Share Units (cash settled) Enerflex Ltd. Rights Deferred Savidant, Stephen 4 30/09/2013 56 13.88 43,077 4,755 Share Units (cash James settled) Enerflex Ltd. Rights Deferred Weill, Michael 4 30/09/2013 56 13.88 13,761 1,261 Share Units (cash settled) Enerflex Ltd. Rights Deferred WESLEY, HELEN 4 14/08/2013 00 Share Units (cash JUNE settled) Enerflex Ltd. Rights Deferred WESLEY, HELEN 4 30/09/2013 56 13.88 941 941 Share Units (cash JUNE settled) ENERGY Trust Units Energy Indexplus 1 20/09/2013 38 8.38 1,574,495 5,600 INDEXPLUS Dividend Dividend Fund Fund
October 10, 2013 (2013) 36 OSCB 9907
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed ENERGY Trust Units Energy Indexplus 1 23/09/2013 38 8.29 1,574,595 100 INDEXPLUS Dividend Dividend Fund Fund ENERGY Trust Units Energy Indexplus 1 30/09/2013 38 8.3 1,575,495 900 INDEXPLUS Dividend Dividend Fund Fund Enghouse Systems Common Shares Demirian, Eric 4 24/09/2013 51 7.96 20,000 10,000 Limited Enghouse Systems Options Employee Demirian, Eric 4 24/09/2013 51 7.96 60,000 -10,000 Limited Stock Option Enhanced Oil Common Shares Eson, Rodney L. 4 01/10/2013 10 0.0645 249,000 24,000 Resources, Inc. Enhanced Oil Common Shares Eson, Rodney L. 4 01/10/2013 10 0.645 259,000 10,000 Resources, Inc. Enhanced Oil Common Shares Eson, Rodney L. 4 01/10/2013 10 0.0645 264,000 5,000 Resources, Inc. Ensign Energy Common Shares Howe, James Brian 4 01/10/2013 46 17.71 123,739 1,270 Services Inc. Ensign Energy Rights Deferred Kangas, Leonard 4 30/09/2013 56 17.765 13,926 1,267 Services Inc. Share Units (Common Shares) Ensign Energy Rights Deferred Kangas, Leonard 4 04/10/2013 30 17.696 14,005 79 Services Inc. Share Units (Common Shares) Ensign Energy Options Schledwitz, Thomas 5 01/10/2013 59 17.78 225,000 -25,000 Services Inc. Ensign Energy Common Shares Schroeder, John G. 4 01/10/2013 46 17.71 1,270 Services Inc. Ensign Energy Common Shares Schroeder, John G. 4 01/10/2013 46 17.71 1,270 Services Inc. Ensign Energy Rights Deferred Schroeder, John G. 4 30/09/2013 56 17.765 13,926 1,267 Services Inc. Share Units (Common Shares) Ensign Energy Rights Deferred Schroeder, John G. 4 04/10/2013 30 17.696 14,005 79 Services Inc. Share Units (Common Shares) Ensign Energy Common Shares Skirka, Kenneth 4 28/06/2013 45 16.12 1,396 Services Inc. John Ensign Energy Common Shares Skirka, Kenneth 4 28/06/2013 46 16.12 28,179 1,396 Services Inc. John Ensign Energy Common Shares Skirka, Kenneth 4 01/10/2013 46 17.71 29,449 1,270 Services Inc. John Ensign Energy Common Shares Surkan, Gail 4 01/10/2013 46 17.71 12,342 1,270 Services Inc. Donelda Ensign Energy Rights Deferred Surkan, Gail 4 04/10/2013 30 17.693 4,237 26 Services Inc. Share Units Donelda (Common Shares) Ensign Energy Common Shares Whitham, Barth 4 01/10/2013 46 17.71 26,139 1,270 Services Inc. Edward Entourage Metals Ltd. Common Shares McLeod, Robert 4 01/10/2013 10 0.06 1,290,000 50,000 John Entree Gold Inc. Common Shares Forster, Mona Marie 5 03/10/2013 10 181,374 10,000 ePals Corporation Restricted Share Campbell, William 4 30/09/2013 57 0 -140,000 Units (RSU) Marr ePals Corporation Restricted Voting Campbell, William 4 30/09/2013 57 641,734 140,000 Common Shares Marr ePals Corporation Restricted Share Dozier, Linda 5 30/09/2013 57 562,500 -112,500 Units (RSU) Tsuyako Ashcraft ePals Corporation Restricted Voting Dozier, Linda 5 30/09/2013 57 1,346,084 112,500 Common Shares Tsuyako Ashcraft ePals Corporation Restricted Share Holsinger, Aric 5 30/09/2013 57 31,250 -31,250 Units (RSU) Ragland ePals Corporation Restricted Voting Holsinger, Aric 5 30/09/2013 57 485,800 31,250 Common Shares Ragland ePals Corporation Restricted Share Raduchel, William 4 30/09/2013 57 175,000 175,000 Units (RSU) James ePals Corporation Restricted Share Raduchel, William 4 30/09/2013 57 0 -175,000 Units (RSU) James ePals Corporation Restricted Voting Raduchel, William 4 30/09/2013 57 467,740 175,000 Common Shares James EQ Inc. Common Shares Rotstein, Geoffrey 4, 5 30/09/2013 10 0.51 1,196,700 2,000 Equal Energy Ltd. Common Shares Chimahusky, John 5 03/10/2013 30 4.68 44,639 390 S.
October 10, 2013 (2013) 36 OSCB 9908
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Equal Energy Ltd. Common Shares Chimahusky, John 5 03/10/2013 30 4.71 44,701 62 S. Equal Energy Ltd. Common Shares Klapko, Donald 4, 5 03/10/2013 30 4.84 362,650 3,625 Charles Equal Energy Ltd. Common Shares Smalling, Scott 5 03/10/2013 30 4.71 3,328 8 Anthony Equitorial Exploration Common Shares Power, Patrick 4, 5 27/09/2013 10 0.33 917,000 28,500 Corp. Edward Equitorial Exploration Common Shares Power, Patrick 4, 5 02/10/2013 10 0.325 952,500 35,500 Corp. Edward Erdene Resource Rights Deferred Akerley, Peter 4, 5 30/09/2013 56 0.09 521,764 156,250 Development Share Units Corporation Erdene Resource Rights Deferred BURTON, WILLIAM 4 02/10/2013 56 0.09 66,468 27,778 Development Share Units B. Corporation Erdene Resource Rights Deferred Byrne, John Philip 4 30/09/2013 56 0.09 66,468 27,778 Development Share Units Corporation Erdene Resource Rights Deferred Cowan, John 4 30/09/2013 56 0.09 350,625 105,000 Development Share Units Christopher Corporation Erdene Resource Rights Deferred MacDonald, 4 30/09/2013 56 0.09 292,188 87,500 Development Share Units Kenneth Corporation Erdene Resource Rights Deferred Webster, Philip L. 4 30/09/2013 56 0.09 66,468 27,778 Development Share Units Corporation Ethos Gold Corp. Common Shares Freeman, Gary 4, 5 01/10/2013 10 0.18 1,902,707 5,000 Richard Excellon Resources Common Shares Cahill, Brendan 5 27/09/2013 10 1.79 53,780 1,000 Inc. Thomas Exchange Income Common Shares Olin, Jeffrey 4 30/09/2013 90 146,783 25,632 Corporation Exchange Income Common Shares Olin, Jeffrey 4 30/09/2013 90 0 -25,632 Corporation EXPLOR Options Frigon, Jacques 4, 5 07/04/2013 52 750,000 -200,000 RESOURCES INC. Florien Faircourt Gold Income Warrants Class D Faircourt Asset 8 01/10/2013 55 0 -37,600 Corp. Management Inc. Faircourt Gold Income Warrants Class D Panagopoulos, 8 01/10/2013 55 10 0 -6,800 Corp. Christopher Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -3,695 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -5,700 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -6,514 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -8,031 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -12,962 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -5,040 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -2,250 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -496 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -24,482 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -440 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -605 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -256 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -11,666 Corp. Faircourt Gold Income Warrants Class D Taerk, Charles G. 6 01/10/2013 55 0 -994 Corp. Faircourt Gold Income Warrants Class D Waterson, Douglas 7 01/10/2013 55 0 -11,795 Corp. John Faircourt Gold Income Warrants Class D Waterson, Douglas 7 01/10/2013 55 0 -195 Corp. John
October 10, 2013 (2013) 36 OSCB 9909
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Faircourt Gold Income Warrants Class D Waterson, Douglas 7 01/10/2013 55 0 -403 Corp. John Faircourt Gold Income Warrants Class D Waterson, Douglas 7 01/10/2013 55 0 -191 Corp. John Faircourt Gold Income Warrants Class D Waterson, Douglas 7 01/10/2013 55 0 -2,009 Corp. John Faircourt Gold Income Warrants Class D Waterson, Douglas 7 01/10/2013 55 0 -205 Corp. John Fancamp Exploration Common Shares Girard, Guy 5 02/08/2013 00 Ltd. Fancamp Exploration Common Shares Girard, Guy 5 03/10/2013 10 0.05 133,000 133,000 Ltd. Fancamp Exploration Common Shares Girard, Guy 5 03/10/2013 10 0.055 250,000 117,000 Ltd. Far Resources Ltd. Options Huston, Derek 4 01/10/2013 00 250,000 Fiera Capital Subordinate Voting Banque Nationale 3 30/09/2013 97 11.117 20,496,901 764,602 Corporation (formerly Shares Class A du Canada Fiera Sceptre Inc.) First Capital Realty Common Shares Chouinard, Roger 7 30/09/2013 97 16.377 3,192 13 Inc. First Capital Realty Convertible First Capital Realty 1 05/09/2013 38 1.021 $42,000 $42,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 05/09/2013 38 1.021 $0 -$42,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 13/09/2013 38 1.025 $37,000 $37,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 13/09/2013 38 1.025 $0 -$37,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 17/09/2013 38 1.0287 $142,000 $142,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 17/09/2013 38 1.0287 $0 -$142,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 18/09/2013 38 1.0305 $5,000 $5,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 18/09/2013 38 1.0305 $0 -$5,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 19/09/2013 38 1.035 $5,000 $5,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 19/09/2013 38 1.035 $0 -$5,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Convertible First Capital Realty 1 20/09/2013 38 1.0348 $5,000 $5,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017
October 10, 2013 (2013) 36 OSCB 9910
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed First Capital Realty Convertible First Capital Realty 1 20/09/2013 38 1.0348 $0 -$5,000 Inc. Debentures Inc. unsecured 5.70%- FCR.DB.D - due June 30, 2017 First Capital Realty Common Shares Ronen, Moshe 4 30/09/2013 10 16.94 23,684 1,220 Inc. First Capital Realty Common Shares Segal, Dori 4, 6, 20/09/2013 47 1,122,759 -1,500 Inc. 7, 5 First Capital Realty Warrant - FCR.WT.B Segal, Dori 4, 6, 02/08/2013 55 0 -10,000 Inc. - expiring August 2, 7, 5 2013 First Capital Realty Common Shares Stephen, Andrea 4 30/09/2013 97 16.377 3,107 560 Inc. First Global Data Common Shares Naik, Mahendra 4 29/11/2012 00 Limited (formerly Rockstar Capital Corp.) First Global Data Common Shares Naik, Mahendra 4 04/10/2013 50 0.22 1,500,000 1,500,000 Limited (formerly Rockstar Capital Corp.) First National Trust Units Class A CAMPBELL, JOHN 5 23/09/2013 30 0.74 0 -1,400 AlarmCap Income BELL Fund First National Trust Units Class A CAMPBELL, JOHN 5 23/09/2013 30 0.74 0 -92,317 AlarmCap Income BELL Fund First National Trust Units Class A Fong, Fred 4, 5 23/09/2013 30 0.74 0 -1,450 AlarmCap Income Fund First National Trust Units Class A Fong, Fred 4, 5 23/09/2013 30 0.74 0 -159,200 AlarmCap Income Fund First National Trust Units Class A McPherson, Don 4 26/09/2013 30 0 -215,401 AlarmCap Income Fund First National Trust Units Class A McPherson, Don 4 26/09/2013 30 -57,216 AlarmCap Income Fund First National Trust Units Class A McPherson, Don 4 26/09/2013 30 0 -54,877 AlarmCap Income Fund First National Units Tawse, Moray 4 01/10/2013 10 8 5,000 1,600 Mortgage Investment Fund First National Units Tawse, Moray 4 01/10/2013 10 7.985 6,000 1,000 Mortgage Investment Fund First National Units Tawse, Moray 4 01/10/2013 10 7.95 7,000 1,000 Mortgage Investment Fund First National Units Tawse, Moray 4 19/12/2012 00 Mortgage Investment Fund First National Units Tawse, Moray 4 01/10/2013 10 8 700 700 Mortgage Investment Fund First National Units Tawse, Moray 4 02/10/2013 10 8 1,600 900 Mortgage Investment Fund First National Units Tawse, Moray 4 19/12/2012 00 Mortgage Investment Fund FIRSTSERVICE Subordinate Voting FirstService 1 27/09/2013 38 0 -385,600 CORPORATION Shares Corporation Foran Mining Common Shares Soares, Patrick 5 30/09/2013 10 0.16 2,731,500 49,500 Corporation Foran Mining Common Shares Soares, Patrick 5 02/10/2013 10 0.16 2,732,000 500 Corporation Freehold Royalties Deferred Share Units blades, douglas 4 30/09/2013 30 35,643 629 Ltd. nolan Freehold Royalties Deferred Share Units CAMPBELL, 4 30/09/2013 30 26,115 461 Ltd. HARRY SINCLAIR Freehold Royalties Common Shares Canadian National 3 30/09/2013 46 23.78 4,183,861 48,563 Ltd. Railway Company, Administrator of the CN Trust Funds
October 10, 2013 (2013) 36 OSCB 9911
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Freehold Royalties Deferred Share Units HARRISON, 4 30/09/2013 30 15,867 280 Ltd. PETER T Freehold Royalties Deferred Share Units Korpach, Arthur Neil 4 30/09/2013 30 4,382 77 Ltd. Freehold Royalties Deferred Share Units SANDMEYER, 4 30/09/2013 30 11,612 204 Ltd. DAVID JAMES Freehold Royalties Deferred Share Units Tourigny, Rodger 4 30/09/2013 30 10,704 189 Ltd. Freehold Royalties Deferred Share Units Walsh, Aidan 4 30/09/2013 30 1,445 26 Ltd. Murphy Frontenac Mortgage Common Shares Barnes, Robert 4 03/10/2013 15 30 47,141 39 Investment Corporation Frontenac Mortgage Common Shares REISER, DAWN 5 03/10/2013 15 30 206 67 Investment Corporation Frontenac Mortgage Common Shares Ross, Brad 4 03/10/2013 15 30 24,383 833 Investment Corporation Frontier Rare Earths Ordinary Shares Frontier Rare 1 30/09/2013 10 0.4075 1,189,756 10,000 Limited Earths Limited Frontier Rare Earths Ordinary Shares Frontier Rare 1 01/10/2013 10 0.3909 1,195,256 5,500 Limited Earths Limited Frontier Rare Earths Ordinary Shares Frontier Rare 1 02/10/2013 10 0.4117 1,205,512 10,256 Limited Earths Limited Gabriel Resources Options Brown, Richard 5 27/09/2013 50 0.82 1,260,000 125,000 Ltd. Paul Gabriel Resources Options Cramer, Dag Lars 4 27/09/2013 50 0.82 150,000 75,000 Ltd. Gabriel Resources Options Gusenbauer, Alfred 4 27/09/2013 50 0.82 400,000 75,000 Ltd. Gabriel Resources Options Henry, Jonathan 4, 5 27/09/2013 50 0.82 4,069,167 375,000 Ltd. Gabriel Resources Options Hulley, Keith Robert 4 27/09/2013 50 0.82 1,300,000 75,000 Ltd. Gabriel Resources Options Hulley, Keith Robert 4 03/10/2013 52 1,250,000 -50,000 Ltd. Gabriel Resources Options Kirk, Harry Wayne 4 27/09/2013 50 0.82 355,000 75,000 Ltd. Gabriel Resources Options Kirk, Harry Wayne 4 03/10/2013 52 2.65 280,000 -75,000 Ltd. Gabriel Resources Options Levental, Igor 4 27/09/2013 50 0.82 550,000 75,000 Ltd. Gabriel Resources Options Levental, Igor 4 03/10/2013 52 350,000 -200,000 Ltd. Gabriel Resources Options Peat, David William 4 27/09/2013 50 0.82 500,000 75,000 Ltd. Gabriel Resources Options Segsworth, Walter 4 27/09/2013 50 0.82 400,000 75,000 Ltd. Thomas Gabriel Resources Rights DSUs Segsworth, Walter 4 03/10/2013 56 68,533 17,647 Ltd. Thomas Gabriel Resources Options Suciu, Nicolae 5 27/09/2013 50 0.82 834,722 125,000 Ltd. Gruia Gabriel Resources Options Tanase, Dragos 5 27/09/2013 50 0.82 2,116,444 375,000 Ltd. Gabriel Resources Options Tanase, Dragos 5 03/10/2013 52 2,016,444 -100,000 Ltd. Gabriel Resources Options Vaughan, Maxwell 5 27/09/2013 50 0.82 1,368,333 125,000 Ltd. Lucas GASFRAC Energy Common Shares McLeod-Hill, Lori 5 09/09/2013 00 Services Inc. Lynn GASFRAC Energy Common Shares McLeod-Hill, Lori 5 30/09/2013 10 1.65 50,000 50,000 Services Inc. Lynn Gaz Métro inc. Common Shares Caisse de dépôt et 3 30/09/2013 11 421.17 2,497,893 84,286 placement du Québec GB Minerals Ltd. Options Davidson, Kenneth 4 08/08/2013 00 Walter GB Minerals Ltd. Options Davidson, Kenneth 4 08/08/2013 50 0.2 400,000 400,000 Walter GB Minerals Ltd. Options Law, Angel Wing 5 08/08/2013 50 0.2 275,000 250,000 Chung GB Minerals Ltd. Options Law, Angel Wing 5 26/09/2013 50 0.2 325,000 50,000 Chung GB Minerals Ltd. Options Mason, Phillip 5 05/08/2013 00 GB Minerals Ltd. Options Mason, Phillip 5 08/08/2013 50 0.2 500,000 500,000
October 10, 2013 (2013) 36 OSCB 9912
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed GB Minerals Ltd. Options Ryan, Owen 4 08/08/2013 50 0.2 1,400,000 400,000 Charles GB Minerals Ltd. Options Ryan, Owen 4 26/09/2013 50 0.2 2,000,000 600,000 Charles GENDIS INC. Common Shares GENDIS INC. 1 03/09/2013 38 3.02 8,000 8,000 GENDIS INC. Common Shares GENDIS INC. 1 03/09/2013 38 0 -8,000 GENDIS INC. Common Shares GENDIS INC. 1 04/09/2013 38 3.02 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 04/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 05/09/2013 38 3.02 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 05/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 06/09/2013 38 3.02 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 06/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 09/09/2013 38 3.04 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 09/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 10/09/2013 38 3.052 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 10/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 11/09/2013 38 3.07 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 11/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 12/09/2013 38 3.14 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 12/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 13/09/2013 38 3.14 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 13/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 16/09/2013 38 3.135 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 16/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 17/09/2013 38 3.14 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 17/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 18/09/2013 38 3.14 16,000 16,000 GENDIS INC. Common Shares GENDIS INC. 1 18/09/2013 38 0 -16,000 GENDIS INC. Common Shares GENDIS INC. 1 23/09/2013 38 3.16 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 23/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 24/09/2013 38 3.17 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 24/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 25/09/2013 38 3.18 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 25/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 26/09/2013 38 3.18 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 26/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 27/09/2013 38 3.24 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 27/09/2013 38 0 -1,000 GENDIS INC. Common Shares GENDIS INC. 1 30/09/2013 38 3.16 1,000 1,000 GENDIS INC. Common Shares GENDIS INC. 1 30/09/2013 38 0 -1,000 GeneNews Limited Common Shares Dent, Floyd 4 25/09/2013 00 2,857,892 Calhoun GeneNews Limited Options MacRae, Garth A. 4 25/09/2013 50 0.4 183,166 100,000 C. General Donlee Common Shares Geosam 3 04/10/2013 22 5.5 0 -2,526,676 Canada Inc. Investments Limited General Donlee Common Shares Triumph Group, Inc. 3 04/10/2013 00 Canada Inc. General Donlee Common Shares Triumph Group, Inc. 3 04/10/2013 00 Canada Inc. General Donlee Common Shares Triumph Group, Inc. 3 04/10/2013 22 5.5 10,612,934 Canada Inc. General Donlee Common Shares Triumph Group, Inc. 3 04/10/2013 22 5.5 10,612,934 Canada Inc. General Donlee Common Shares Triumph Group, Inc. 3 04/10/2013 00 Canada Inc. General Donlee Common Shares Triumph Group, Inc. 3 04/10/2013 22 5.5 10,612,934 10,612,934 Canada Inc. Genworth MI Canada Deferred Share Units Gillespie, Robert 4 30/09/2013 46 29.34 11,433 535 Inc. T.E Genworth MI Canada Deferred Share Units Horn, Sidney M. 4 30/09/2013 46 29.34 14,044 728 Inc. Genworth MI Canada Deferred Share Units Kelly, Brian Michael 4, 7 30/09/2013 46 29.34 10,357 326 Inc. Genworth MI Canada Deferred Share Units Walker, John Logan 7 30/09/2013 46 29.34 6,656 535 Inc. GeoNovus Minerals Options England, Michael 4 26/09/2013 50 0.05 400,000 50,000 Corp. Bruno John Franz GeoNovus Minerals Options Gray, Paul Dunstan 4 26/09/2013 50 200,000 50,000 Corp. GeoNovus Minerals Options Masters, John 5 26/09/2013 50 0.05 175,000 50,000 Corp. Parker
October 10, 2013 (2013) 36 OSCB 9913
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed GeoNovus Minerals Options Mitchell, Marvin 4 26/09/2013 50 175,000 50,000 Corp. Alford GeoNovus Minerals Options Nikitovic, Olga 5 26/09/2013 50 150,000 50,000 Corp. George Weston Preferred Shares Dart, Robert John 6 26/09/2013 10 25.05 6,500 500 Limited Series 1 George Weston Preferred Shares Dart, Robert John 6 27/09/2013 10 25.05 7,000 500 Limited Series 1 George Weston Preferred Shares Dart, Robert John 6 30/09/2013 10 25 8,000 1,000 Limited Series 1 George Weston Preferred Shares Dart, Robert John 6 16/04/2002 00 Limited Series 3 George Weston Preferred Shares Dart, Robert John 6 26/09/2013 10 23.76 1,000 1,000 Limited Series 3 Gibson Energy Inc. Common Shares Bantle, Rodney 5 26/09/2013 10 96,947 -20,000 James Gibson Energy Inc. Restricted Share Duffee, Russell 7 01/10/2013 57 20,018 -9,708 Units Wade Gibson Energy Inc. Options Hannah, Richard 7 09/09/2013 00 Stephen Gibson Energy Inc. Options Hannah, Richard 7 01/10/2013 50 5,138 5,138 Stephen Gibson Energy Inc. Restricted Share Hannah, Richard 7 09/09/2013 00 Units Stephen Gibson Energy Inc. Restricted Share Hannah, Richard 7 01/10/2013 50 1,080 1,080 Units Stephen Gibson Energy Inc. Common Shares Osatiuk, Warren 7 30/09/2013 10 29,071 -2,000 Frederick Gibson Energy Inc. Options van Aken, Samuel 5 01/10/2013 51 56,267 -15,000 Gibson Energy Inc. Common Shares Wise, Richard 5 30/09/2013 10 38,236 -15,000 Morgan Gideon Capital Corp. Common Shares Rogers, Richard 4 30/09/2013 00 Paul Gideon Capital Corp. Common Shares Rogers, Richard 4 30/09/2013 11 0.05 1,500,000 1,500,000 Paul Gildan Activewear Inc. Restricted Share Albright, Michael 7 30/09/2013 56 48.43 6,113 1,215 Units Gildan Activewear Inc. Deferred Share Units Anderson, William 4 29/09/2013 56 47.64 15,028 656 (DSUs) D. Gildan Activewear Inc. Deferred Share Units Anderson, William 4 29/09/2013 35 45.21 15,057 29 (DSUs) D. Gildan Activewear Inc. Deferred Share Units Anderson, William 4 30/09/2013 56 47.64 656 (DSUs) D. Gildan Activewear Inc. Deferred Share Units Anderson, William 4 30/09/2013 35 45.21 29 (DSUs) D. Gildan Activewear Inc. Restricted Share Argiriou, Sophie 5 30/09/2013 56 48.43 4,432 1,084 Units Gildan Activewear Inc. Restricted Share Bell, Garry 5 30/09/2013 56 48.43 6,682 1,276 Units Gildan Activewear Inc. Restricted Share Bertin, Claude 5 30/09/2013 56 48.43 14,255 1,076 Units Gildan Activewear Inc. Restricted Share Brito, Luis Alonso 5 30/09/2013 56 48.43 6,095 1,148 Units Gildan Activewear Inc. Restricted Share Brown, Phillip R. 7 30/09/2013 56 48.43 17,473 1,358 Units Gildan Activewear Inc. Restricted Share Caballero, Carlos 7 30/09/2013 56 48.43 5,961 1,068 Units Francisco Gildan Activewear Inc. Common Shares Caisse de dépôt et 3 30/09/2013 10 47.8 12,954,402 -1,700 placement du Québec Gildan Activewear Inc. Restricted Share Carroll, Edward 7 30/09/2013 56 48.43 7,974 1,398 Units Hunter Gildan Activewear Inc. Restricted Share Castro, Marco 5 30/09/2013 56 48.43 6,222 1,117 Units Gildan Activewear Inc. Options Chamandy, Glenn 4, 5 30/09/2013 50 48.43 808,662 97,719 J. Gildan Activewear Inc. Restricted Share Chamandy, Glenn 4, 5 30/09/2013 56 48.43 313,794 30,972 Units J. Gildan Activewear Inc. Restricted Share Corsano, Anthony 7 30/09/2013 56 48.43 46,842 2,717 Units Frank Gildan Activewear Inc. Restricted Share Davis, Ronald 5 30/09/2013 56 48.43 5,813 1,021 Units Edward Gildan Activewear Inc. Restricted Share Duran Scheidegger, 7 30/09/2013 56 48.43 5,666 1,021 Units Carlos Jose Gildan Activewear Inc. Restricted Share Echeverria, Javier 7 30/09/2013 56 48.43 6,314 1,148 Units
October 10, 2013 (2013) 36 OSCB 9914
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Gildan Activewear Inc. Restricted Share Eusebi, Ricardo 5 01/10/2013 56 48.43 3,087 1,084 Units Gildan Activewear Inc. Restricted Share Filato, Pietro 5 30/09/2013 56 48.43 7,280 1,268 Units Gildan Activewear Inc. Restricted Share Fragapane, Jason 7 30/09/2013 56 48.43 2,408 986 Units Gildan Activewear Inc. Restricted Share Fraimund, Marc 5 30/09/2013 56 48.43 7,784 1,376 Units Gildan Activewear Inc. Restricted Share Freitag, Nicholas 7 30/09/2013 56 48.43 3,857 1,021 Units Henry Gildan Activewear Inc. Deferred Share Units Goodman, Russell 4 29/09/2013 56 47.64 7,298 483 (DSUs) Andrew Gildan Activewear Inc. Deferred Share Units Goodman, Russell 4 29/09/2013 35 45.21 7,311 13 (DSUs) Andrew Gildan Activewear Inc. Deferred Share Units Goodman, Russell 4 30/09/2013 56 47.64 483 (DSUs) Andrew Gildan Activewear Inc. Deferred Share Units Goodman, Russell 4 30/09/2013 35 45.21 13 (DSUs) Andrew Gildan Activewear Inc. Restricted Share Hawkins II, James 7 30/09/2013 56 48.43 4,762 1,133 Units Blackwell Gildan Activewear Inc. Deferred Share Units Heller, George 4 29/09/2013 56 47.64 17,527 735 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 29/09/2013 35 45.21 17,560 33 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 29/09/2013 56 47.64 17,717 157 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 30/09/2013 56 47.64 735 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 30/09/2013 56 47.64 150 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 30/09/2013 56 47.64 150 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 30/09/2013 35 45.21 33 (DSUs) Jason Gildan Activewear Inc. Deferred Share Units Heller, George 4 30/09/2013 56 47.64 157 (DSUs) Jason Gildan Activewear Inc. Restricted Share Hepburn, Antonio 7 30/09/2013 56 48.43 6,095 1,148 Units Jose Gildan Activewear Inc. Options Hoffman, Michael 7 30/09/2013 50 48.43 80,019 21,814 Gildan Activewear Inc. Restricted Share Hoffman, Michael 7 30/09/2013 56 48.43 78,946 6,914 Units Gildan Activewear Inc. Restricted Share Iliopoulos, Peter 5 30/09/2013 56 48.43 10,921 2,365 Units Gildan Activewear Inc. Restricted Share Joyce, Kenneth van 7 30/09/2013 56 48.43 18,673 1,561 Units Gildan Activewear Inc. Restricted Share Keeney, Frank 7 30/09/2013 56 48.43 3,172 1,276 Units Gildan Activewear Inc. Restricted Share Lavoie, Nicolas 5 30/09/2013 56 48.43 4,621 2,312 Units Gildan Activewear Inc. Restricted Share Lecavalier, 5 30/09/2013 56 48.43 14,279 1,088 Units Christian Gildan Activewear Inc. Restricted Share Léger, Gilles 7 30/09/2013 56 48.43 7,610 1,331 Units Gildan Activewear Inc. Options Lehman, Eric Ralph 5 30/09/2013 50 48.43 66,292 21,814 Gildan Activewear Inc. Restricted Share Lehman, Eric Ralph 5 30/09/2013 56 48.43 59,337 6,914 Units Gildan Activewear Inc. Restricted Share Lopez Gonzalez, 7 02/04/2013 00 Units Rodolfo Gildan Activewear Inc. Restricted Share Lopez Gonzalez, 7 30/09/2013 56 48.43 1,116 1,116 Units Rodolfo Gildan Activewear Inc. Restricted Share Martin, John 7 30/09/2013 56 48.43 8,327 1,457 Units Gildan Activewear Inc. Options Masi, Benito 5 30/09/2013 50 48.43 83,803 21,814 Gildan Activewear Inc. Restricted Share Masi, Benito 5 30/09/2013 56 48.43 17,936 6,914 Units Gildan Activewear Inc. Restricted Share Matthews, Lindsay 5 30/09/2013 56 48.43 6,427 1,251 Units Gildan Activewear Inc. Restricted Share McHale, Patricia 7 30/09/2013 56 48.43 5,473 1,315 Units Marie Gildan Activewear Inc. Restricted Share Michelle, Cannon 7 30/09/2013 56 48.43 5,668 1,375 Units Gildan Activewear Inc. Deferred Share Units O'Brien, Sheila 4 29/09/2013 56 47.64 25,215 813 (DSUs) Gildan Activewear Inc. Deferred Share Units O'Brien, Sheila 4 29/09/2013 35 45.21 25,264 49 (DSUs)
October 10, 2013 (2013) 36 OSCB 9915
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Gildan Activewear Inc. Deferred Share Units O'Brien, Sheila 4 30/09/2013 56 47.64 813 (DSUs) Gildan Activewear Inc. Deferred Share Units O'Brien, Sheila 4 30/09/2013 35 45.21 49 (DSUs) Gildan Activewear Inc. Restricted Share Packard, Robert 7 30/09/2013 56 48.43 6,360 1,153 Units Gildan Activewear Inc. Restricted Share Preston, Shannon 7 30/09/2013 56 48.43 4,846 1,220 Units S. Gildan Activewear Inc. Deferred Share Units Robitaille, Pierre 4 29/09/2013 56 47.64 12,720 367 (DSUs) Gildan Activewear Inc. Deferred Share Units Robitaille, Pierre 4 29/09/2013 35 45.21 12,745 25 (DSUs) Gildan Activewear Inc. Deferred Share Units Robitaille, Pierre 4 30/09/2013 56 47.64 367 (DSUs) Gildan Activewear Inc. Deferred Share Units Robitaille, Pierre 4 30/09/2013 35 45.21 25 (DSUs) Gildan Activewear Inc. Options Roiter, Jonathan 5 30/09/2013 50 48.43 25,247 10,065 Gildan Activewear Inc. Restricted Share Roiter, Jonathan 5 30/09/2013 56 48.43 33,061 3,190 Units Gildan Activewear Inc. Restricted Share Sandoval, Claudia 7 30/09/2013 56 48.43 4,436 893 Units Gildan Activewear Inc. Deferred Share Units Scarborough, 4 29/09/2013 56 47.64 17,321 892 (DSUs) James Gildan Activewear Inc. Deferred Share Units Scarborough, 4 29/09/2013 35 45.21 17,354 33 (DSUs) James Gildan Activewear Inc. Deferred Share Units Strubel, Richard P. 4 29/09/2013 56 47.64 12,497 367 (DSUs) Gildan Activewear Inc. Deferred Share Units Strubel, Richard P. 4 29/09/2013 35 45.21 12,521 24 (DSUs) Gildan Activewear Inc. Restricted Share Tesh, Rodney 7 30/09/2013 56 48.43 5,350 1,292 Units Gildan Activewear Inc. Restricted Share Tremblay, Normand 5 30/09/2013 56 48.43 3,877 1,084 Units Gildan Activewear Inc. Deferred Share Units VALDES-FAULI, 4 29/09/2013 56 47.64 13,680 367 (DSUs) Gonzalo Gildan Activewear Inc. Deferred Share Units VALDES-FAULI, 4 29/09/2013 35 45.21 13,707 27 (DSUs) Gonzalo Gildan Activewear Inc. Restricted Share VOIZARD, David 5 30/09/2013 56 48.43 7,327 1,287 Units Gildan Activewear Inc. Restricted Share Ward, Chuckie J. 7 30/09/2013 56 48.43 16,929 2,278 Units Gildan Activewear Inc. Restricted Share Weiss, Jon Scott 7 30/09/2013 56 48.43 16,276 1,276 Units Gildan Activewear Inc. Restricted Share Wolff, Sheldon 7 30/09/2013 56 48.43 5,334 1,285 Units Gildan Activewear Inc. Restricted Share Yaghi, Miro 5 30/09/2013 56 48.43 6,488 1,276 Units GLENTEL Inc. Common Shares Skidmore, A. Allan 4, 6, 30/09/2013 11 14.9 459,418 -35,000 5 GLENTEL Inc. Common Shares Skidmore, A. Allan 4, 6, 30/09/2013 11 14.9 350,828 35,000 5 GLENTEL Inc. Common Shares Skidmore, A. Allan 4, 6, 30/09/2013 10 15 349,328 -1,500 5 Global Dividend Trust Units Global Dividend 1 20/09/2013 38 10 133,600 600 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 23/09/2013 38 9.97 136,200 2,600 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 24/09/2013 38 9.98 136,300 100 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 25/09/2013 38 10 137,000 700 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 26/09/2013 38 9.95 139,800 2,800 Growers Income Fund Growers Income Fund Global Key Investment Common Shares Fong, Vincent 4, 5 30/09/2013 11 0.11 100,000 -3,364,200 Limited Global Key Investment Common Shares Loo, Chung Keung 3, 4, 16/09/2011 11 0.11 1,441,800 -720,900 Limited Steve 1, 5 Global Key Investment Common Shares Loo, Chung Keung 3, 4, 09/04/2012 10 0.11 720,900 -720,900 Limited Steve 1, 5
October 10, 2013 (2013) 36 OSCB 9916
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Global Key Investment Common Shares Loo, Chung Keung 3, 4, 12/04/2012 10 0.11 0 -720,900 Limited Steve 1, 5 Global Key Investment Common Shares Loo, Chung Keung 3, 4, 30/09/2013 11 0.11 3,364,200 3,364,200 Limited Steve 1, 5 Globex Mining Common Shares STOCH, JACK 3, 4, 24/06/2013 10 0.35 2,202,662 2,500 Enterprises Inc. 5 Globex Mining Common Shares STOCH, JACK 3, 4, 05/07/2013 10 37 4,000 Enterprises Inc. 5 Globex Mining Common Shares STOCH, JACK 3, 4, 05/07/2013 10 0.37 2,206,662 4,000 Enterprises Inc. 5 Globex Mining Common Shares STOCH, JACK 3, 4, 27/09/2013 10 0.41 500 Enterprises Inc. 5 Globex Mining Common Shares STOCH, JACK 3, 4, 27/09/2013 10 0.41 2,210,662 500 Enterprises Inc. 5 Globex Mining Common Shares STOCH, JACK 3, 4, 02/10/2013 10 0.48 2,214,162 3,500 Enterprises Inc. 5 Gluskin Sheff + Deferred Share Units Beeston, Paul 5 30/09/2013 56 9,641 494 Associates Inc. Gluskin Sheff + Deferred Share Units CARTY, DONALD 4 30/09/2013 56 11,215 329 Associates Inc. Gluskin Sheff + Subordinate Voting Freedman, Jeremy 4, 5 23/09/2013 35 19.13 1,623 Associates Inc. Shares Mark Gluskin Sheff + Subordinate Voting Freedman, Jeremy 4, 5 23/09/2013 35 19.13 824 Associates Inc. Shares Mark Gluskin Sheff + Subordinate Voting Freedman, Jeremy 4, 5 23/09/2013 35 19.13 44,498 824 Associates Inc. Shares Mark Gluskin Sheff + Deferred Share Units Gobert, Wilfred 4 30/09/2013 56 13,923 329 Associates Inc. Arthur Gluskin Sheff + Subordinate Voting Leboff, Bruce 5 23/09/2013 35 19.13 739 Associates Inc. Shares Gluskin Sheff + Subordinate Voting Leboff, Bruce 5 23/09/2013 35 19.13 10,544 357 Associates Inc. Shares Gluskin Sheff + Subordinate Voting Moody, Jeffrey 5 23/09/2013 35 19.13 1,246 Associates Inc. Shares Gluskin Sheff + Subordinate Voting Moody, Jeffrey 5 23/09/2013 35 19.13 15,763 632 Associates Inc. Shares Gluskin Sheff + Subordinate Voting Morris, David Roy 5 23/09/2013 35 19.13 203 Associates Inc. Shares Gluskin Sheff + Subordinate Voting Morris, David Roy 5 23/09/2013 35 19.13 2,543 81 Associates Inc. Shares Gluskin Sheff + Deferred Share Units Solway, Herbert 4 30/09/2013 56 18,690 494 Associates Inc. Gluskin Sheff + Deferred Share Units Themens, Pierre- 4 30/09/2013 56 14,447 329 Associates Inc. Andre Gluskin Sheff + Subordinate Voting Webb, William Reid 5 23/09/2013 35 19.13 576 Associates Inc. Shares Gluskin Sheff + Subordinate Voting Webb, William Reid 5 23/09/2013 35 19.13 96,285 292 Associates Inc. Shares Gluskin Sheff + Deferred Share Units Weiss, Robert 4 30/09/2013 56 20,490 494 Associates Inc. Samson GLV Inc. Unités d'action de Barbeau, Marc 4, 5 13/08/2007 00 performance (PSU) GLV Inc. Unités d'action de Barbeau, Marc 4, 5 15/07/2013 56 3.71 32,345 32,345 performance (PSU) GLV Inc. Options Bélanger, Chantal 4 26/09/2013 50 3.33 13,322 3,003 GLV Inc. Options Courtois, Marc Alain 4 26/09/2013 50 3.33 16,431 3,003 GLV Inc. Unités d'action de De Blois, France 7 30/08/2010 00 performance (PSU) GLV Inc. Unités d'action de De Blois, France 7 15/07/2013 56 3.71 8,760 8,760 performance (PSU) GLV Inc. Unités d'action de Dubé, Carl 5 01/11/2011 00 performance (PSU) GLV Inc. Unités d'action de Dubé, Carl 5 15/07/2013 56 3.71 6,739 6,739 performance (PSU) GLV Inc. Unités d'action de Klees, Gwen 5 13/08/2007 00 performance (PSU) GLV Inc. Unités d'action de Klees, Gwen 5 15/07/2013 56 3.71 6,739 6,739 performance (PSU) GLV Inc. Options LALANDE, Sylvie 4 26/09/2013 50 3.33 16,431 3,003 GLV Inc. Options Landreville, 4 26/09/2013 50 3.33 15,829 3,003 Jacques
October 10, 2013 (2013) 36 OSCB 9917
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed GLV Inc. Unités d'action de Mahoney, William 5 13/08/2007 00 performance (PSU) J.A. GLV Inc. Unités d'action de Mahoney, William 5 15/07/2013 56 3.71 17,094 17,094 performance (PSU) J.A. GLV Inc. Options MORIN, Normand 4 26/09/2013 50 3.33 14,968 3,003 GLV Inc. Unités d'action de Porteous, Jim 7 01/12/2008 00 performance (PSU) GLV Inc. Unités d'action de Porteous, Jim 7 15/07/2013 56 3.71 8,053 8,053 performance (PSU) GLV Inc. Unités d'action de Reynolds, 7 01/12/2008 00 performance (PSU) Christopher John GLV Inc. Unités d'action de Reynolds, 7 15/07/2013 56 3.71 9,256 9,256 performance (PSU) Christopher John GLV Inc. Options Seccareccia, Pierre 4 26/09/2013 50 3.33 16,431 3,003 GLV Inc. Unités d'action de Wetherbee, 5 13/08/2007 00 performance (PSU) Douglas M. GLV Inc. Unités d'action de Wetherbee, 5 15/07/2013 56 3.71 7,934 7,934 performance (PSU) Douglas M. Gold Port Resources Options Ambrose, Allen 4 30/09/2013 50 0.205 700,000 700,000 Ltd. Vernon Golden Dawn Common Shares Hara, Kumiko 5 01/08/2013 00 1,388 Minerals Inc. GOLDEN HOPE Options Hoover, Larry 4 20/06/2013 00 MINES LIMITED Edward GOLDEN HOPE Options Hoover, Larry 4 30/09/2013 50 0.07 300,000 300,000 MINES LIMITED Edward Golden Reign Common Shares Conlon, John 4 01/10/2013 10 0.25 1,634,933 30,000 Resources Ltd. Golden Valley Mines Options Groia, Joseph 4 01/08/2013 50 0.1 250,000 Ltd. Golden Valley Mines Options Groia, Joseph 4 01/08/2013 50 0.07 620,000 250,000 Ltd. Golden Valley Mines Options Karahissarian, 5 01/08/2013 50 0.1 300,000 Ltd. Annie Golden Valley Mines Options Karahissarian, 5 01/08/2013 50 0.07 675,000 300,000 Ltd. Annie Golden Valley Mines Options Morton, Blair 4 01/08/2013 50 0.1 250,000 Ltd. Golden Valley Mines Options Morton, Blair 4 01/08/2013 50 0.07 695,000 250,000 Ltd. Golden Valley Mines Options Mullan, Glenn J 4, 5 01/08/2013 50 0.1 300,000 Ltd. Golden Valley Mines Options Mullan, Glenn J 4, 5 01/08/2013 50 0.07 870,000 300,000 Ltd. Golden Valley Mines Options Rosatelli, Michael 5 01/08/2013 50 0.1 300,000 Ltd. P. Golden Valley Mines Options Rosatelli, Michael 5 01/08/2013 50 0.07 700,000 300,000 Ltd. P. Golden Valley Mines Options Smith, Bobby D. 4 01/08/2013 50 0.1 250,000 Ltd. Golden Valley Mines Options Smith, Bobby D. 4 01/08/2013 50 0.07 595,000 250,000 Ltd. Golden Valley Mines Options Williams, Chad 4 01/08/2013 50 0.1 250,000 Ltd. Golden Valley Mines Options Williams, Chad 4 01/08/2013 50 0.07 620,000 250,000 Ltd. Golden Valley Mines Options zannella, luciana 5 01/08/2013 50 0.1 300,000 Ltd. Golden Valley Mines Options zannella, luciana 5 01/08/2013 50 0.07 675,000 300,000 Ltd. Golden Valley Mines Options Zinke, Jens 4 01/08/2013 50 0.1 250,000 Ltd. Golden Valley Mines Options Zinke, Jens 4 01/08/2013 50 0.07 740,000 250,000 Ltd. GOLDEYE Common Shares Hannila, Jorma 4, 5 01/10/2013 10 0.14 22,200 10,000 EXPLORATIONS LIMITED GOLDEYE Common Shares Jamieson, David 5 01/10/2013 10 0.15 91,000 10,000 EXPLORATIONS Ross LIMITED GOLDEYE Common Shares webster, blaine 4, 5 30/09/2013 10 0.135 313,228 5,000 EXPLORATIONS richard LIMITED
October 10, 2013 (2013) 36 OSCB 9918
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed GOLDEYE Common Shares webster, blaine 4, 5 30/09/2013 10 0.14 315,228 2,000 EXPLORATIONS richard LIMITED GOLDEYE Common Shares Webster, Robin 5 27/09/2013 10 0.115 438,000 15,000 EXPLORATIONS Luke LIMITED GOLDEYE Common Shares Webster, Robin 5 27/09/2013 10 0.12 460,000 22,000 EXPLORATIONS Luke LIMITED GOLDEYE Common Shares Webster, Robin 5 30/09/2013 10 0.13 462,500 2,500 EXPLORATIONS Luke LIMITED Gran Colombia Gold Common Shares Davies, Michael 5 02/10/2013 10 1.23 24,175 500 Corp. Monier Gran Colombia Gold Common Shares Davies, Michael 5 02/10/2013 10 1.23 26,075 1,900 Corp. Monier Gran Colombia Gold Common Shares Davies, Michael 5 02/10/2013 10 1.24 29,175 3,100 Corp. Monier Gran Colombia Gold Common Shares Volk, Peter Joseph 5 30/09/2013 10 1.25 9,539 1,300 Corp. Granite REIT Inc. Deferred Share Units Brody, Michael 4 30/09/2013 56 36.97 1,263 423 Lawrence Granite REIT Inc. Deferred Share Units Dey, Peter James 4 30/09/2013 56 36.97 3,968 676 Granite REIT Inc. Deferred Share Units Gilbertson, Barry 4 30/09/2013 56 36.97 2,727 913 Gordon Granite REIT Inc. Deferred Share Units Miller, Gerald 4 30/09/2013 56 36.97 1,263 423 Granite REIT Inc. Deferred Share Units Oran, Scott 4 30/09/2013 56 36.97 1,263 423 Granite REIT Inc. Deferred Share Units Voorheis, George 4 30/09/2013 56 36.97 6,666 2,231 Wesley Thomas Gravis Energy Corp. Common Shares BHARMAL, NIZAR 4 23/01/2013 00 100,000 Gravis Energy Corp. Options BHARMAL, NIZAR 4 23/01/2013 00 100,000 Gravis Energy Corp. Common Shares LEE, JAI WOO 3 02/10/2013 00 3,965,580 Gravitas Financial Inc. Common Shares Carbonaro, David 4, 5 12/07/2011 00 (formerly Searchgold Resources Inc.) Gravitas Financial Inc. Common Shares Carbonaro, David 4, 5 27/09/2013 11 0.0001 8,750,000 8,750,000 (formerly Searchgold Resources Inc.) Gravitas Financial Inc. Common Shares Carbonaro, David 4, 5 12/07/2011 00 (formerly Searchgold Resources Inc.) Gravitas Financial Inc. Common Shares Carbonaro, David 4, 5 27/09/2013 11 0.0001 8,750,000 8,750,000 (formerly Searchgold Resources Inc.) Gravitas Financial Inc. Common Shares Carbonaro, Robert 4 25/06/2013 00 (formerly Searchgold Resources Inc.) Great Bear Resources Options McAndless, Patrick 4 25/09/2013 50 0.15 174,000 100,000 Ltd. Michael Great Canadian Units Deferred Baker, Neil W. 3, 4 01/10/2013 56 11.35 23,367 551 Gaming Corporation Shares Great Canadian Units Deferred Buski, Richard 4 01/10/2013 46 45,267 551 Gaming Corporation Shares Stanley Great Canadian Units Deferred Campbell, Larry 4 01/10/2013 56 41,867 551 Gaming Corporation Shares William Great Canadian Units Deferred Davis, Mark 4 01/10/2013 56 11.35 625 551 Gaming Corporation Shares Great Canadian Units Deferred Dimma, William 4 01/10/2013 56 11.35 24,299 826 Gaming Corporation Shares Great Canadian Units Deferred Gaffney, Thomas 4 01/10/2013 56 11.35 31,867 551 Gaming Corporation Shares Wayne Great Canadian Units Deferred Keenan, Patrick 4 01/10/2013 56 11.35 23,367 551 Gaming Corporation Shares Great Canadian Common Shares KROEKER, 5 24/09/2013 10 11.35 9,969 -31 Gaming Corporation ROBERT Great Canadian Common Shares KROEKER, 5 24/09/2013 10 11.31 9,900 -69 Gaming Corporation ROBERT Great Canadian Common Shares KROEKER, 5 24/09/2013 10 11.3 5,984 -3,916 Gaming Corporation ROBERT Great Canadian Common Shares KROEKER, 5 24/09/2013 10 11.27 5,900 -84 Gaming Corporation ROBERT
October 10, 2013 (2013) 36 OSCB 9919
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Great Canadian Common Shares KROEKER, 5 25/09/2013 10 11.11 5,840 -60 Gaming Corporation ROBERT Great Canadian Common Shares KROEKER, 5 25/09/2013 10 11.1 5,809 -31 Gaming Corporation ROBERT Great Canadian Common Shares KROEKER, 5 25/09/2013 10 11.06 3,762 -2,047 Gaming Corporation ROBERT Great Canadian Common Shares KROEKER, 5 25/09/2013 10 11.05 0 -3,762 Gaming Corporation ROBERT Great Canadian Units Deferred Meredith, Peter 4 01/10/2013 56 11.35 41,867 551 Gaming Corporation Shares Great Canadian Common Shares Poleschuk, Victor 5 02/10/2013 10 11.5 5,000 -50,000 Gaming Corporation Paul Great Canadian Units Deferred Prupas, David 4 01/10/2013 46 11.35 36,867 551 Gaming Corporation Shares Lewis Great Northern Gold Common Shares Oishi, Kim 3, 4, 23/01/2013 90 2,635,500 -69,000 Exploration 5 Corporation Great Northern Gold Common Shares Oishi, Kim 3, 4, 25/01/2013 90 2,630,500 -5,000 Exploration 5 Corporation Great Northern Gold Common Shares Oishi, Kim 3, 4, 06/04/2010 00 Exploration 5 Corporation Great Northern Gold Common Shares Oishi, Kim 3, 4, 23/01/2013 90 69,000 69,000 Exploration 5 Corporation Great Northern Gold Common Shares Oishi, Kim 3, 4, 25/01/2013 90 74,000 5,000 Exploration 5 Corporation Great-West Lifeco Inc. Deferred Share Units Bibeau, Marc A. 6 30/09/2013 30 30.01 2,531 26 Great-West Lifeco Inc. Deferred Share Units Coutu, Marcel R. 4 30/09/2013 56 30.136 13,945 551 Great-West Lifeco Inc. Deferred Share Units Desmarais, André 4 30/09/2013 56 30.108 109,107 2,648 Great-West Lifeco Inc. Deferred Share Units Desmarais, Paul Jr. 4 30/09/2013 56 30.121 22,691 673 Great-West Lifeco Inc. Deferred Share Units Gratton, Robert 4, 6, 30/09/2013 30 30.01 114,208 1,158 5 Great-West Lifeco Inc. Deferred Share Units Graye, Mitchell T.G. 5 30/09/2013 56 30.137 33,515 1,362 Great-West Lifeco Inc. Common Shares Great-West Lifeco 1 30/09/2013 38 30.205 510,165 510,165 Inc. Great-West Lifeco Inc. Common Shares Great-West Lifeco 1 30/09/2013 38 0 -510,165 Inc. Great-West Lifeco Inc. Deferred Share Units Harder, Vernon 4 30/09/2013 30 30.01 4,316 43 Peter Great-West Lifeco Inc. Deferred Share Units Hosek, Chaviva 4 30/09/2013 56 30.14 12,159 533 Milada Great-West Lifeco Inc. Deferred Share Units Jackson, John 4 30/09/2013 56 30.176 709 417 David Allan Great-West Lifeco Inc. Deferred Share Units Loney, David Allen 8, 4, 30/09/2013 56 30.128 83,320 2,020 5 Great-West Lifeco Inc. Deferred Share Units Mahon, Paul 5 30/09/2013 56 30.177 1,918 1,626 Great-West Lifeco Inc. Common Shares McFeetors, 4, 5 30/09/2013 47 30.01 2,642,303 -65,000 Raymond Lindsay Great-West Lifeco Inc. Deferred Share Units McFeetors, 4, 5 30/09/2013 56 30.109 135,771 3,344 Raymond Lindsay Great-West Lifeco Inc. Deferred Share Units Nield, David 8, 4 30/09/2013 56 30.106 30,894 724 Alexander Great-West Lifeco Inc. Deferred Share Units Orr, Robert Jeffrey 4, 6 30/09/2013 56 30.127 102,188 3,348 Great-West Lifeco Inc. Deferred Share Units Plessis-Bélair, 4 30/09/2013 56 30.122 20,572 618 Michel Great-West Lifeco Inc. Deferred Share Units Rousseau, Henri- 4, 6 30/09/2013 56 30.144 12,273 600 Paul Great-West Lifeco Inc. Deferred Share Units Royer, Raymond 4 30/09/2013 56 30.149 35,851 2,027 Great-West Lifeco Inc. Deferred Share Units Selitto, Jerome 4 30/09/2013 56 30.168 2,879 455 John Great-West Lifeco Inc. Deferred Share Units Szathmary, Emoke 4 30/09/2013 56 30.116 23,756 651 Jolan Erzsebet Great-West Lifeco Inc. Deferred Share Units Tretiak, Gregory 4 30/09/2013 56 30.167 4,096 608 Dennis Great-West Lifeco Inc. Deferred Share Units Walsh, Brian, E. 4 30/09/2013 56 30.099 44,080 942 Green Swan Capital Common Shares Eskelund-Hansen, 6 30/09/2013 10 0.045 670,000 -200,000 Corp. Jens Greencastle Options Marrelli, Carmelo 5 30/09/2013 52 197,500 -100,000 Resources Ltd. Greencastle Options Pirie, James 4, 5 30/09/2013 52 1,810,000 -400,000 Resources Ltd.
October 10, 2013 (2013) 36 OSCB 9920
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Greencastle Options Roodenburg, 4, 5 30/09/2013 52 1,510,000 -400,000 Resources Ltd. Anthony Ralph Hadley Mining Inc. Common Shares GreenBank Capital 3 15/04/2013 00 Inc. Hadley Mining Inc. Common Shares GreenBank Capital 3 15/04/2013 22 0.1 12,250,000 12,250,000 Inc. Hadley Mining Inc. Common Shares Wettreich, Daniel 3, 4, 27/06/2012 00 5 Hadley Mining Inc. Common Shares Wettreich, Daniel 3, 4, 15/04/2013 22 0.1 12,250,000 12,250,000 5 Hadley Mining Inc. Common Shares Wettreich, Daniel 3, 4, 27/06/2012 00 5 Hadley Mining Inc. Common Shares Wettreich, Daniel 3, 4, 12/10/2012 11 0.0124 25,000,000 25,000,000 5 Hadley Mining Inc. Common Shares Wettreich, Daniel 3, 4, 06/12/2012 22 0.1 22,419,021 -2,580,979 5 Hadley Mining Inc. Common Shares Wettreich, Daniel 3, 4, 15/04/2013 22 0.1 10,169,021 -12,250,000 5 Hadley Mining Inc. Common Shares Winston Resources 3 12/10/2012 11 0.0124 25,000,000 25,000,000 Inc. Hadley Mining Inc. Common Shares Winston Resources 3 06/12/2012 22 0.1 22,419,021 -2,580,979 Inc. Hadley Mining Inc. Common Shares Winston Resources 3 07/12/2012 00 Inc. Hadley Mining Inc. Common Shares Winston Resources 3 07/12/2012 00 Inc. Hadley Mining Inc. Common Shares Winston Resources 3 15/04/2013 22 0.1 10,169,021 -12,250,000 Inc. Halogen Software Inc. Common Shares JMI Equity Fund VI, 3 02/10/2013 15 14 3,409,148 -225,000 L.P. Hi Ho Silver Common Shares McKnight, Dennis 4 27/09/2013 10 0.03 4,176,992 325,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 30/09/2013 10 0.02 4,276,992 100,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 30/09/2013 10 0.035 4,476,992 200,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 30/09/2013 10 0.04 4,576,992 100,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 01/10/2013 10 0.035 4,646,992 70,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 01/10/2013 10 0.04 5,294,992 648,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 01/10/2013 10 0.045 5,863,992 569,000 Resources Inc. Harry Hi Ho Silver Common Shares McKnight, Dennis 4 01/10/2013 10 0.05 6,296,992 433,000 Resources Inc. Harry HOUSTON LAKE Common Shares Kloepper, Henry 5 01/10/2013 10 0.04 189,817 13,000 MINING INC. Huntingdon Capital Deferred Share Units Doyle, Donald 4 30/09/2013 46 12.36 68,523 1,010 Corp. Gregory Huntingdon Capital Deferred Share Units Doyle, Donald 4 01/10/2013 35 12.21 68,635 112 Corp. Gregory Huntingdon Capital Deferred Share Units George, Zachary R. 4 30/09/2013 46 12.36 45,988 910 Corp. Huntingdon Capital Deferred Share Units George, Zachary R. 4 01/10/2013 35 12.21 46,063 75 Corp. Huntingdon Capital Deferred Share Units George, Zachary R. 4 01/10/2013 99 46,064 1 Corp. Huntingdon Capital Deferred Share Units Goldfarb, Matthew 4 30/09/2013 46 12.36 2,137 909 Corp. Huntingdon Capital Deferred Share Units Goldfarb, Matthew 4 01/10/2013 35 12.21 2,140 3 Corp. Huntingdon Capital Common Shares Huntingdon Capital 1 30/09/2013 38 12.26 927,802 1,541 Corp. Corp. Huntingdon Capital Common Shares Huntingdon Capital 1 30/09/2013 38 0 -927,802 Corp. Corp. Huntingdon Capital Common Shares Huntingdon Capital 1 01/10/2013 38 12.273 1,541 1,541 Corp. Corp. Huntingdon Capital Common Shares Huntingdon Capital 1 02/10/2013 38 12.3 3,082 1,541 Corp. Corp. Huntingdon Capital Common Shares Huntingdon Capital 1 03/10/2013 38 1500 4,582 1,500 Corp. Corp. Huntingdon Capital Common Shares Huntingdon Capital 1 04/10/2013 38 12.303 34,123 29,541 Corp. Corp. Huntingdon Capital Deferred Share Units Lalani, Azim 5 01/10/2013 35 12.21 23,600 2 Corp.
October 10, 2013 (2013) 36 OSCB 9921
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Huntingdon Capital Deferred Share Units Lalani, Azim 5 01/10/2013 35 12.21 23,635 35 Corp. Huntingdon Capital Deferred Share Units Manak, Sandeep 4, 5 01/10/2013 35 12.21 39,146 60 Corp. Huntingdon Capital Deferred Share Units Manak, Sandeep 4, 5 01/10/2013 35 12.21 39,149 3 Corp. Huntingdon Capital Deferred Share Units Pattison, Jaime 5 01/10/2013 35 12.21 6,820 11 Corp. Huntingdon Capital Deferred Share Units Poladian, Shant 5 01/10/2013 35 12.21 108,874 178 Corp. Noubar Huntingdon Capital Deferred Share Units Rappa, David 4 30/09/2013 46 12.21 4,653 909 Corp. Huntingdon Capital Deferred Share Units Rappa, David 4 01/10/2013 35 4660 4,660 7 Corp. HUSKY ENERGY Common Shares Ghosh, Asim 4, 5 01/10/2013 35 30.218 62,012 609 INC. HUSKY ENERGY Common Shares Warnock, Roy 2 01/10/2013 35 30.218 20,976 206 INC. Clifford HUSKY ENERGY Common Shares Warnock, Roy 2 01/10/2013 35 30.218 75,826 745 INC. Clifford Hydrogenics Deferred Share Units Alexander, Douglas 4 01/10/2013 56 43,722 1,082 Corporation Stewart Hydrogenics Deferred Share Units Cardiff, Michael 4 01/10/2013 56 21,146 720 Corporation Hydrogenics Deferred Share Units Gnacke, Henry J. 4 01/10/2013 56 14,278 540 Corporation Hydrogenics Deferred Share Units LOWRY, Donald 4 25/01/2013 00 Corporation James Hydrogenics Deferred Share Units LOWRY, Donald 4 01/10/2013 56 923 923 Corporation James IGM Financial Inc. Deferred Share Units Bibeau, Marc A. 4 31/07/2013 30 48.81 12,290 125 IGM Financial Inc. Deferred Share Units Bibeau, Marc A. 4 30/09/2013 56 48.67 12,865 575 IGM Financial Inc. Deferred Share Units Carney, Jeffrey 4 30/09/2013 56 48.67 791 457 IGM Financial Inc. Deferred Share Units Clark, Christie 4 31/07/2013 30 48.81 1,056 9 James Beckett IGM Financial Inc. Deferred Share Units Clark, Christie 4 30/09/2013 56 48.67 1,249 193 James Beckett IGM Financial Inc. Deferred Share Units Conway, Heather 4 31/07/2013 30 48.81 2,913 30 IGM Financial Inc. Deferred Share Units Conway, Heather 4 30/09/2013 56 48.67 3,105 192 IGM Financial Inc. Deferred Share Units Desmarais, André 4, 6 31/07/2013 30 48.81 38,687 412 IGM Financial Inc. Deferred Share Units Desmarais, André 4, 6 30/09/2013 56 48.67 39,252 565 IGM Financial Inc. Deferred Share Units Desmarais, Paul Jr. 4 31/07/2013 30 48.81 19,153 205 IGM Financial Inc. Deferred Share Units Desmarais, Paul Jr. 4 30/09/2013 56 48.67 19,399 246 IGM Financial Inc. Deferred Share Units Gratton, Robert 4, 6, 31/07/2013 30 48.81 62,862 684 5 IGM Financial Inc. Deferred Share Units Harder, Vernon 4 31/07/2013 30 48.81 11,454 116 Peter IGM Financial Inc. Deferred Share Units Harder, Vernon 4 30/09/2013 56 48.67 12,054 600 Peter IGM Financial Inc. Common Shares IGM Financial Inc. 1 03/09/2013 38 47.474 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 03/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 05/09/2013 38 48.642 10,000 10,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 05/09/2013 38 0 -10,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 06/09/2013 38 48.909 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 06/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 09/09/2013 38 49.235 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 09/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 10/09/2013 38 49.229 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 10/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 11/09/2013 38 49.026 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 11/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 13/09/2013 38 49.144 10,000 10,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 13/09/2013 38 0 -10,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 16/09/2013 38 49.207 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 16/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 17/09/2013 38 49.17 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 17/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 19/09/2013 38 49.183 10,000 10,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 19/09/2013 38 0 -10,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 20/09/2013 38 49.295 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 20/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 23/09/2013 38 49.186 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 23/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 24/09/2013 38 49.224 5,000 5,000
October 10, 2013 (2013) 36 OSCB 9922
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed IGM Financial Inc. Common Shares IGM Financial Inc. 1 24/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 25/09/2013 38 49.286 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 25/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 26/09/2013 38 48.821 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 26/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 27/09/2013 38 48.357 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 27/09/2013 38 0 -5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 30/09/2013 38 48.212 5,000 5,000 IGM Financial Inc. Common Shares IGM Financial Inc. 1 30/09/2013 38 0 -5,000 IGM Financial Inc. Deferred Share Units Johnson, Daniel 2 31/07/2013 30 48.81 8,951 95 IGM Financial Inc. Deferred Share Units Johnson, Daniel 2 30/09/2013 56 48.67 9,144 193 IGM Financial Inc. Deferred Share Units McCallum, John S. 4 31/07/2013 30 48.81 25,057 266 IGM Financial Inc. Deferred Share Units McCallum, John S. 4 30/09/2013 56 48.67 25,602 545 IGM Financial Inc. Deferred Share Units McFeetors, 4 31/07/2013 30 48.41 265 Raymond Lindsay IGM Financial Inc. Deferred Share Units McFeetors, 4 31/07/2013 30 48.41 24,887 265 Raymond Lindsay IGM Financial Inc. Deferred Share Units McFeetors, 4 30/09/2013 30 48.41 265 Raymond Lindsay IGM Financial Inc. Deferred Share Units McFeetors, 4 30/09/2013 56 48.67 25,308 421 Raymond Lindsay IGM Financial Inc. Deferred Share Units Orr, Robert Jeffrey 4, 6 31/07/2013 30 48.81 46,643 491 IGM Financial Inc. Deferred Share Units Orr, Robert Jeffrey 4, 6 30/09/2013 56 48.67 47,799 1,156 IGM Financial Inc. Deferred Share Units Piper, Roy 4 31/07/2013 30 48.81 16,318 176 IGM Financial Inc. Deferred Share Units Piper, Roy 4 30/09/2013 56 48.67 16,511 193 IGM Financial Inc. Deferred Share Units Plessis-Bélair, 4 31/07/2013 30 48.81 8,688 92 Michel IGM Financial Inc. Deferred Share Units Plessis-Bélair, 4 30/09/2013 56 48.67 8,881 193 Michel IGM Financial Inc. Deferred Share Units Rousseau, Henri- 4, 6 31/07/2013 30 48.81 4,521 47 Paul IGM Financial Inc. Deferred Share Units Rousseau, Henri- 4, 6 30/09/2013 56 48.67 4,713 192 Paul IGM Financial Inc. Deferred Share Units Sherk, Susan 4 31/07/2013 30 48.81 9,203 98 Bradley IGM Financial Inc. Deferred Share Units Sherk, Susan 4 30/09/2013 56 48.67 9,396 193 Bradley IGM Financial Inc. Deferred Share Units Taylor, Murray John 4, 5 31/07/2013 30 48.81 20,983 226 IGM Financial Inc. Deferred Share Units Taylor, Murray John 4, 5 30/09/2013 56 48.67 21,176 193 IGM Financial Inc. Deferred Share Units Tretiak, Gregory 4, 6 31/07/2013 30 48.81 1,056 9 Dennis IGM Financial Inc. Deferred Share Units Tretiak, Gregory 4, 6 30/09/2013 56 48.67 1,249 193 Dennis IGM Financial Inc. Deferred Share Units Veilleux, Gérard 4 31/07/2013 30 48.81 14,956 160 IGM Financial Inc. Deferred Share Units Veilleux, Gérard 4 30/09/2013 56 48.67 15,185 229 Imperial Metals Options Muraro, Theodore 4 24/09/2013 51 3.3 4,666 -8,334 Corporation William Imperial Oil Limited Rights Deferred Hoeg, Krystyna 4 30/09/2013 56 17,296 817 Share Units Theresa Imperial Oil Limited Common Shares Milne, Meredith 7 30/01/2013 30 43.04 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/01/2013 30 43.72 2,259 30 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/01/2013 30 43.04 2,258 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 28/02/2013 30 42.91 2,282 24 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 28/02/2013 30 43.86 2,281 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/03/2013 30 42.96 2,305 24 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/03/2013 30 42.25 2,304 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 30/04/2013 30 40 2,336 32 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 30/04/2013 30 40.13 2,335 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/05/2013 30 40.04 2,361 26 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/05/2013 30 39.86 2,360 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 30/06/2013 30 39.86 2,386 26 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 30/06/2013 30 39.34 2,385 -1 Colin
October 10, 2013 (2013) 36 OSCB 9923
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Imperial Oil Limited Common Shares Milne, Meredith 7 31/07/2013 30 42.9 2,416 31 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/07/2013 30 42.56 2,415 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/08/2013 30 42.88 2,439 24 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 31/08/2013 30 41.9 2,438 -1 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 30/09/2013 30 44.82 2,462 24 Colin Imperial Oil Limited Common Shares Milne, Meredith 7 30/09/2013 30 44.48 2,461 -1 Colin Imperial Oil Limited Rights Deferred MINTZ, JACK 4 30/09/2013 56 14,052 809 Share Units MAURICE Imperial Oil Limited Common Shares Stumpf, Mark Louis 7 01/10/2013 00 2,231 Imperial Oil Limited Rights Stumpf, Mark Louis 7 01/10/2013 00 26,950 Imperial Oil Limited Rights Deferred Stumpf, Mark Louis 7 01/10/2013 00 Share Units Imperial Oil Limited Rights Deferred Stumpf, Mark Louis 7 01/10/2013 00 Share Units Imperial Oil Limited Rights Deferred Sutherland, David 4 30/09/2013 56 10,957 801 Share Units Stewart Imperial Oil Limited Rights Deferred Whittaker, Sheelagh 4 30/09/2013 56 42,690 499 Share Units Imperial Oil Limited Rights Deferred Young, Victor 4 30/09/2013 56 10,168 220 Share Units Leyland Imvescor Restaurant Options Brading, Jason 5 13/09/2013 38 0.803 17,000 -60,000 Group Inc. Imvescor Restaurant Options Brading, Jason 5 13/09/2013 38 3.01 16,200 -800 Group Inc. Inca One Resources Warrants McMorran, Robert 4 28/09/2013 55 0 -51,500 Corp. George Indexplus Income Trust Units IndexPlus Income 1 23/09/2013 38 12.55 31,473,688 400 Fund Fund Industrial Alliance unités d'actions Belec, Anne 4 30/09/2013 56 42.06 9,012 394 Insurance and différées (uda)- Financial Services inc. differed shared units (dsa) Industrial Alliance Common Shares BOUWERS, Gerald 7 02/10/2013 51 37.37 32,000 14,000 Insurance and Financial Services inc. Industrial Alliance Common Shares BOUWERS, Gerald 7 02/10/2013 10 43.42 18,000 -14,000 Insurance and Financial Services inc. Industrial Alliance Options BOUWERS, Gerald 7 02/10/2013 51 37.37 86,000 -14,000 Insurance and Financial Services inc. Industrial Alliance unités d'actions Gadbois, L.G. 4 30/09/2013 56 42.06 6,108 141 Insurance and différées (uda)- Serge Financial Services inc. differed shared units (dsa) Industrial Alliance unités d'actions Lamoureux, Claude 4 30/09/2013 56 42.06 7,111 407 Insurance and différées (uda)- Financial Services inc. differed shared units (dsa) Industrial Alliance unités d'actions LeBoutillier, John 4 30/09/2013 56 42.06 23,930 639 Insurance and différées (uda)- Financial Services inc. differed shared units (dsa) Industrial Alliance unités d'actions McGuire, Francis 4 30/09/2013 56 42.06 26,708 513 Insurance and différées (uda)- Phillip Financial Services inc. differed shared units (dsa) Industrial Alliance unités d'actions Pantelidis, James 4 30/09/2013 56 42.06 22,591 584 Insurance and différées (uda)- Financial Services inc. differed shared units (dsa) Industrial Alliance Common Shares Parent, Jacques 5 01/10/2013 51 23.44 7,900 4,000 Insurance and Financial Services inc. Industrial Alliance Common Shares Parent, Jacques 5 01/10/2013 10 42.79 3,900 -4,000 Insurance and Financial Services inc.
October 10, 2013 (2013) 36 OSCB 9924
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Industrial Alliance Options Parent, Jacques 5 01/10/2013 51 42.79 -4,000 Insurance and Financial Services inc. Industrial Alliance Options Parent, Jacques 5 01/10/2013 51 23.44 125,000 -4,000 Insurance and Financial Services inc. Industrial Alliance unités d'actions Peterson, David 4 30/09/2013 56 42.06 24,255 457 Insurance and différées (uda)- Robert Financial Services inc. differed shared units (dsa) Innovente Inc. Common Shares Caisse de dépôt et 3 30/09/2013 00 4,050,000 placement du Québec Innovente Inc. Common Shares Caisse de dépôt et 3 30/09/2013 11 0.55 5,868,182 1,818,182 placement du Québec Innovente Inc. Warrants Caisse de dépôt et 3 30/09/2013 00 placement du Québec Innovente Inc. Warrants Caisse de dépôt et 3 30/09/2013 11 1,818,182 placement du Québec Innovente Inc. Warrants Caisse de dépôt et 3 30/09/2013 11 1,818,182 1,818,182 placement du Québec INTEGRATED ASSET Common Shares Benarrosh, Joseph 4 01/10/2013 10 0.73 200,000 50,000 MANAGEMENT CORP. INTEGRATED ASSET Common Shares Felkai, Tom 8 08/09/2010 00 MANAGEMENT CORP. INTEGRATED ASSET Common Shares Felkai, Tom 8 30/09/2013 10 0.68 15,000 15,000 MANAGEMENT CORP. Inter Pipeline Ltd. Common Shares Keinick, Duane 4 01/09/2013 00 Inter Pipeline Ltd. Common Shares Keinick, Duane 4 03/10/2013 10 25.04 700 700 Inter Pipeline Ltd. Common Shares Keinick, Duane 4 03/10/2013 10 25.05 800 100 Inter Pipeline Ltd. Common Shares Keinick, Duane 4 03/10/2013 10 25.07 3,000 2,200 Inter Pipeline Ltd. Common Shares Robertson, William 4 01/09/2013 00 David Inter Pipeline Ltd. Common Shares Robertson, William 4 03/10/2013 10 25 10,000 10,000 David Inter Pipeline Ltd. Common Shares Sangster, Brant G. 4 01/09/2013 00 Inter Pipeline Ltd. Common Shares Sangster, Brant G. 4 04/10/2013 10 25 2,757 2,757 Inter Pipeline Ltd. Common Shares Sangster, Brant G. 4 04/10/2013 10 24.99 3,557 800 International Forest Rights DSUs Lynch, Peter 4 30/09/2013 56 54,220 842 Products Limited Matthew International Forest Rights DSUs MacDougall, 4 30/09/2013 56 54,220 842 Products Limited Gordon H International Forest Rights DSUs Thomson, Scott 4 30/09/2013 56 3,844 842 Products Limited InterRent Real Estate Deferred Units Amirault, Paul 4 30/09/2013 56 86,793 3,597 Investment Trust InterRent Real Estate Deferred Units Bouzanis, Paul 4 30/09/2013 56 177,357 5,022 Investment Trust InterRent Real Estate Deferred Units Leslie, Ronald A. 4 30/09/2013 56 52,382 3,780 Investment Trust InterRent Real Estate Deferred Units Levinson, Jacie 4 30/09/2013 56 131,521 5,697 Investment Trust Sydney InterRent Real Estate Deferred Units Stone, Victor 4 30/09/2013 56 102,280 3,013 Investment Trust Reginald Intertape Polymer Common Shares Nelson, Shawn 5 21/03/2013 10 9.6714 26,203 Group Inc. Intertape Polymer Common Shares Nelson, Shawn 5 21/03/2013 10 9.6714 26,203 Group Inc. Isotechnika Pharma Common Shares Glickman, Richard 4 20/09/2013 00 36,379,401 Inc. Isotechnika Pharma Warrants Glickman, Richard 4 20/09/2013 00 4,619,421 Inc. Isotechnika Pharma Common Shares Martin, Michael 4, 5 14/09/2013 00 31,934,957 Inc. Robert Isotechnika Pharma Warrants Martin, Michael 4, 5 14/09/2013 00 174,977 Inc. Robert Isotechnika Pharma Common Shares Solomons, Neil 5 20/09/2013 00 31,934,957 Inc.
October 10, 2013 (2013) 36 OSCB 9925
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Isotechnika Pharma Warrants Solomons, Neil 5 20/09/2013 00 174,977 Inc. Ithaca Energy Inc. Options C$2.53 Forbes, Graham 5 03/05/2010 00 Ithaca Energy Inc. Options C$2.53 Forbes, Graham 5 01/10/2013 50 2.53 19,736 19,736 Ithaca Energy Inc. Options Expiry Date Forbes, Graham 5 01/10/2013 51 1.59 1,500,000 750,000 May 3, 2014 Ithaca Energy Inc. Options Expiry Date Forbes, Graham 5 01/10/2013 51 2.46 890,000 -610,000 May 3, 2014 Ithaca Energy Inc. Options Expiry Hurtubise, Roger 4 01/10/2013 51 0.87 200,000 100,000 August 20, 2013 Bradley Ithaca Energy Inc. Options Expiry Hurtubise, Roger 4 01/10/2013 51 2.46 150,000 -50,000 August 20, 2013 Bradley Ithaca Energy Inc. Common Shares McKendrick, Iain 5 01/10/2013 51 0.87 1,500,000 750,000 C$0.87 Ithaca Energy Inc. Common Shares McKendrick, Iain 5 01/10/2013 51 2.46 1,005,000 -495,000 C$0.87 Ithaca Energy Inc. Options Expiry McKendrick, Iain 5 25/02/2008 00 August 20, 2013 Ithaca Energy Inc. Options C$2.53 Muir, Nicholas 5 01/02/2006 00 Ithaca Energy Inc. Options C$2.53 Muir, Nicholas 5 01/10/2013 50 2.53 19,736 19,736 Ithaca Energy Inc. Options Expiry Muir, Nicholas 5 01/02/2006 00 August 20, 2013 Ithaca Energy Inc. Options Expiry Muir, Nicholas 5 01/10/2013 51 0.87 230,000 230,000 August 20, 2013 Ithaca Energy Inc. Options Expiry Muir, Nicholas 5 01/10/2013 51 2.46 0 -230,000 August 20, 2013 Ithaca Energy Inc. Options Expiry date Muir, Nicholas 5 01/02/2006 00 January 6, 2014 Ithaca Energy Inc. Options Expiry date Muir, Nicholas 5 01/10/2013 51 1.54 600,000 600,000 January 6, 2014 Ithaca Energy Inc. Options Expiry date Muir, Nicholas 5 01/10/2013 51 2.46 0 -600,000 January 6, 2014 Ithaca Energy Inc. Options Grant of Muir, Nicholas 5 01/10/2013 51 0.25 200,000 -200,000 Options CAD2.25 Dec 2010 Ithaca Energy Inc. Options Expiry summers, john 4 17/05/2005 00 August 20, 2013 patrick Ithaca Energy Inc. Options Expiry summers, john 4 01/10/2013 51 0.87 100,000 100,000 August 20, 2013 patrick Ithaca Energy Inc. Options Expiry summers, john 4 01/10/2013 51 2.46 35,000 -65,000 August 20, 2013 patrick Ithaca Energy Inc. Options C$2.53 Thomas, Leslie 4 01/10/2013 00 James Ithaca Energy Inc. Options C$2.53 Thomas, Leslie 4 01/10/2013 50 2.53 1,000,000 1,000,000 James Ithaca Energy Inc. Options C$2.53 Travis, Michael 5 06/01/2012 00 Ithaca Energy Inc. Options C$2.53 Travis, Michael 5 01/10/2013 50 2.53 19,736 19,736 Ithaca Energy Inc. Options C$2.53 Woods, John 5 01/02/2006 00 Ithaca Energy Inc. Options C$2.53 Woods, John 5 01/10/2013 50 2.53 19,736 19,736 Ithaca Energy Inc. Options Expiry Woods, John 5 01/02/2006 00 August 20, 2013 Ithaca Energy Inc. Options Expiry Woods, John 5 01/10/2013 51 0.87 230,000 230,000 August 20, 2013 Ithaca Energy Inc. Options Expiry Woods, John 5 01/10/2013 51 2.46 0 -230,000 August 20, 2013 Ithaca Energy Inc. Stock Options Woods, John 5 01/02/2006 00 Exercise Price CAD$0.25 Expiry 8 December 2013 Ithaca Energy Inc. Stock Options Woods, John 5 01/10/2013 51 0.25 200,000 200,000 Exercise Price CAD$0.25 Expiry 8 December 2013 Ithaca Energy Inc. Stock Options Woods, John 5 01/10/2013 51 2.46 0 -200,000 Exercise Price CAD$0.25 Expiry 8 December 2013 Ithaca Energy Inc. Common Shares Wormsbecker, 4 01/10/2013 51 0.87 300,000 100,000 Franklin Michael Ithaca Energy Inc. Common Shares Wormsbecker, 4 01/10/2013 10 2.46 250,000 -50,000 Franklin Michael Ithaca Energy Inc. Options Wormsbecker, 4 01/10/2013 51 0.87 400,000 -100,000 Franklin Michael
October 10, 2013 (2013) 36 OSCB 9926
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Ithaca Energy Inc. Common Shares Zammit, Jay 4 01/10/2013 51 0.87 564,999 66,667 Ithaca Energy Inc. Common Shares Zammit, Jay 4 01/10/2013 10 2.46 525,000 -39,999 Ithaca Energy Inc. Options Zammit, Jay 4 01/10/2013 51 0.87 533,333 -66,667 Ivanhoe Mines Ltd. Rights Deferred Cockerill, Ian 4 01/10/2013 56 12,500 2,500 Share Unit Ivanhoe Mines Ltd. Rights Deferred de Selliers de 4 01/10/2013 56 12,500 2,500 Share Unit Moranville, Guy Jacques Ivanhoe Mines Ltd. Rights Deferred Faber, Marc 4 01/10/2013 56 12,500 2,500 Share Unit Ivanhoe Mines Ltd. Common Shares Friedland, Robert 3, 4, 16/10/2012 00 Class A Martin 6, 5 Ivanhoe Mines Ltd. Common Shares Friedland, Robert 3, 4, 04/10/2013 11 2 12,500,000 Class A Martin 6, 5 Ivanhoe Mines Ltd. Common Shares Friedland, Robert 3, 4, 04/10/2013 16 2 12,500,000 12,500,000 Class A Martin 6, 5 Ivanhoe Mines Ltd. Rights Deferred Hayden, William 4 01/10/2013 56 12,500 2,500 Share Unit Ivanhoe Mines Ltd. Rights Deferred Hushovd, Oyvind 4 01/10/2013 56 12,500 2,500 Share Unit Ivanhoe Mines Ltd. Rights Deferred Lamarque, William 4 01/10/2013 56 12,500 2,500 Share Unit Gilfillan Ivanhoe Mines Ltd. Rights Deferred Lukman, Rilwanu 4 01/10/2013 56 12,500 2,500 Share Unit Ivanhoe Mines Ltd. Rights Deferred Meredith, Peter 4 01/10/2013 56 12,500 2,500 Share Unit Ivanhoe Mines Ltd. Rights Deferred Russell, Charles 4 01/10/2013 56 12,500 2,500 Share Unit J.G. Jadela Oil Corp. Common Shares Leia, Gregory 4, 5 30/09/2013 16 1,050,000 600,000 Jadela Oil Corp. Warrants Leia, Gregory 4, 5 16/09/2013 55 400,000 -100,000 Jadela Oil Corp. Warrants Leia, Gregory 4, 5 16/09/2013 54 0 -400,000 Jadela Oil Corp. Warrants Leia, Gregory 4, 5 16/09/2013 55 0 -450,000 Jadela Oil Corp. Warrants Leia, Gregory 4, 5 30/09/2013 16 600,000 600,000 Jager Metal Corp. Common Shares Antonius, Karl R. 4, 5 18/09/2013 10 0.27 1,800,500 500 Jager Metal Corp. Common Shares Antonius, Karl R. 4, 5 18/09/2013 10 0.27 1,803,000 2,500 Jager Metal Corp. Common Shares Antonius, Karl R. 4, 5 18/09/2013 10 0.27 1,809,000 6,000 Jager Metal Corp. Common Shares Antonius, Karl R. 4, 5 23/09/2013 10 0.3 1,819,000 10,000 Jager Metal Corp. Common Shares Antonius, Karl R. 4, 5 30/09/2013 10 0.27 1,820,000 1,000 Jager Metal Corp. Common Shares Antonius, Karl R. 4, 5 30/09/2013 10 0.28 1,830,000 10,000 Jourdan Resources Common Shares Dehn, Michael 4, 5 30/09/2013 46 0.05 4,001,500 282,000 Inc. Alexander Jourdan Resources Common Shares Dehn, Michael 4, 5 30/09/2013 10 0.045 4,052,500 51,000 Inc. Alexander Jourdan Resources Common Shares Dehn, Michael 4, 5 30/09/2013 46 0.05 1,355,750 355,750 Inc. Alexander Jourdan Resources Common Shares Wylie, Glen Hector 5 30/09/2013 46 0.05 1,355,750 355,750 Inc. Jovian Capital Common Shares Andrews, James 7 01/10/2013 22 10.23 0 -2,305 Corporation Stanley Jovian Capital Common Shares Andrews, James 7 01/10/2013 22 10.23 0 -994 Corporation Stanley Jovian Capital Options Andrews, James 7 01/10/2013 52 11.79 0 -5,000 Corporation Stanley Jovian Capital Common Shares Andrikopoulos, 7 01/10/2013 22 10.23 0 -6,641 Corporation Kostas Jovian Capital Common Shares Andrikopoulos, 7 01/10/2013 22 10.23 0 -11,622 Corporation Kostas Jovian Capital Options Andrikopoulos, 7 01/10/2013 52 11.79 0 -5,000 Corporation Kostas Jovian Capital Common Shares Arthur, Mark Leslie 4, 7, 01/10/2013 22 145,517 -16,765 Corporation 5 Jovian Capital Common Shares Arthur, Mark Leslie 4, 7, 01/10/2013 22 10.23 0 -145,517 Corporation 5 Jovian Capital Common Shares Arthur, Mark Leslie 4, 7, 01/10/2013 22 10.23 0 -12,500 Corporation 5 Jovian Capital Common Shares Arthur, Mark Leslie 4, 7, 01/10/2013 22 10.23 0 -12,500 Corporation 5 Jovian Capital Common Shares Belchetz, Steven 7 01/10/2013 22 7744 0 -7,744 Corporation Jovian Capital Options Belchetz, Steven 7 01/10/2013 22 11.79 0 -5,000 Corporation
October 10, 2013 (2013) 36 OSCB 9927
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Jovian Capital Common Shares Bird, I. David 7 01/10/2013 22 10.23 0 -23,530 Corporation Jovian Capital Bonds Convertible Edwards, Norman 3 01/10/2013 22 $0 -$5,000,000 Corporation Murray Jovian Capital Common Shares Edwards, Norman 3 01/10/2013 22 0 -2,491,472 Corporation Murray Jovian Capital Private Option Edwards, Norman 3 01/10/2013 22 0 100,000 Corporation Murray Jovian Capital Warrants Edwards, Norman 3 01/10/2013 22 0 -60,000 Corporation Murray Jovian Capital Common Shares Industrielle Alliance, 3 01/10/2013 00 Corporation Assurance et services financiers inc Jovian Capital Common Shares Industrielle Alliance, 3 01/10/2013 11 8,988,050 8,988,050 Corporation Assurance et services financiers inc Jovian Capital Common Shares McFarlane, Donald 8, 4, 21/12/2009 90 10.83 20,000 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 21/12/2009 90 10.83 20,000 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 01/10/2013 22 10.23 0 -21,333 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 21/12/2009 90 10.83 -20,000 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 21/12/2009 90 10.83 -20,000 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 01/10/2013 22 59,681 -25,000 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 01/10/2013 22 10.23 0 -59,681 Corporation 7 Jovian Capital Common Shares McFarlane, Donald 8, 4, 01/10/2013 22 10.23 0 -4,250 Corporation 7 Jovian Capital Rights Moeller, Larry G. 4 01/10/2013 22 0 -11,297 Corporation Jovian Capital Common Shares Norris, Scott 7 01/10/2013 22 10.23 0 -465 Corporation Alexander Jovian Capital Rights Paré, Laurie 4 01/10/2013 22 0 -21,459 Corporation Maurice Jura Energy Common Shares Smith, Stephen 4 26/09/2013 10 0.3 750,000 8,500 Corporation Christopher Karnalyte Resources Common Shares Ma, Siu Loong 5 02/10/2013 10 1.97 84,715 -30,000 Inc. Karnalyte Resources Common Shares Ma, Siu Loong 5 02/10/2013 10 1.97 93,166 30,000 Inc. Khalkos Exploration Common Shares Doucet, Dominique 4, 6, 02/10/2013 10 0.045 100,131 8,000 Inc. 5 KHAN RESOURCES Common Shares VR Global Partners, 3 03/08/2012 11 0.1464 47,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 03/08/2012 10 0.1464 7,740,500 47,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 04/10/2012 11 0.145 5,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 04/10/2012 10 0.145 7,746,000 5,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 31/10/2012 11 0.155 109,000 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 31/10/2012 10 0.155 7,855,000 109,000 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 04/01/2013 11 0.1148 50,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 04/01/2013 10 0.1148 8,310,000 50,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 18/01/2013 11 0.101 664,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 18/01/2013 10 0.101 8,974,500 664,500 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 20/06/2013 11 0.1379 99,000 INC. L.P. KHAN RESOURCES Common Shares VR Global Partners, 3 20/06/2013 10 0.1379 9,073,500 99,000 INC. L.P. Killam Properties Inc. Common Shares Fraser, Philip 4, 5 26/09/2013 10 11.052 185,152 -8,500 Killam Properties Inc. Common Shares Fraser, Philip 4, 5 27/09/2013 10 10.9 175,652 -9,500 Killam Properties Inc. Common Shares Fraser, Philip 4, 5 30/09/2013 51 5.32 200,652 25,000
October 10, 2013 (2013) 36 OSCB 9928
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Killam Properties Inc. Options Fraser, Philip 4, 5 27/09/2013 51 5.32 128,250 -25,000 Killam Properties Inc. Common Shares Jackson, Jeremy 5 03/10/2013 10 11 500 -2,350 Winston Killam Properties Inc. Common Shares Jackson, Jeremy 5 03/10/2013 90 0 -500 Winston Killam Properties Inc. Common Shares Jackson, Jeremy 5 03/10/2013 90 1,322 500 Winston Killam Properties Inc. Common Shares McLean, Mike 5 26/09/2013 10 10.911 4,650 -3,850 Killam Properties Inc. Common Shares McLean, Mike 5 30/09/2013 51 5.32 6,733 2,083 Killam Properties Inc. Common Shares McLean, Mike 5 30/09/2013 51 8.16 8,500 1,767 Killam Properties Inc. Options McLean, Mike 5 30/09/2013 51 5.32 4,017 -2,083 Killam Properties Inc. Options McLean, Mike 5 30/09/2013 51 8.16 2,250 -1,767 Killam Properties Inc. Common Shares Reti, George 4 02/10/2013 57 32,830 955 Killam Properties Inc. Rights RSU Reti, George 4 01/10/2013 57 21,559 -1,566 Kingsway Financial Common Shares Stilwell, Joseph 4 30/09/2013 10 2.83 163,795 11,900 Services Inc. David Kingsway Financial Common Shares Stilwell, Joseph 4 30/09/2013 10 2.83 839,665 73,100 Services Inc. David Kingsway Financial Common Shares Stilwell, Joseph 4 30/09/2013 10 2.83 105,000 -85,000 Services Inc. David Kinross Gold Rights Deferred Brough, John A. 4 30/09/2013 46 5.19 53,138 7,106 Corporation Share Units Kinross Gold Rights Deferred Carrington, John 4 30/09/2013 46 5.19 90,610 13,006 Corporation Share Units Kemp Kinross Gold Rights Deferred Huxley, John M.H. 4 30/09/2013 46 5.19 79,463 6,623 Corporation Share Units Kinross Gold Rights Deferred Irving, Kenneth 4 30/09/2013 46 5.19 32,001 5,780 Corporation Share Units Colin Kinross Gold Rights Deferred Keyes, John A. 4 30/09/2013 46 5.19 67,955 9,213 Corporation Share Units Kinross Gold Rights Deferred Macken, John 4 30/09/2013 46 5.19 8,593 5,780 Corporation Share Units Kinross Gold Rights Deferred McLeod-Seltzer, 4 30/09/2013 46 5.19 55,821 5,780 Corporation Share Units Catherine Kinross Gold Rights Deferred Oliver, John Edwin 4, 5 30/09/2013 46 5.19 144,043 10,717 Corporation Share Units Kinross Gold Rights Deferred Power, Una Marie 4 30/09/2013 46 5.19 17,545 11,801 Corporation Share Units Kinross Gold Rights Deferred Reid, Terence C. 4 30/09/2013 46 5.19 113,729 11,801 Corporation Share Units W. Kinross Gold Rights Deferred Woods, Ruth Grace 4 30/09/2013 46 5.19 17,187 11,560 Corporation Share Units Lake Shore Gold Rights Deferred Crossgrove, Peter 4 01/10/2013 56 372,738 38,598 Corp. Share Units Alexander Lake Shore Gold Rights Deferred Gill, Jonathan 4 01/10/2013 56 266,424 24,677 Corp. Share Units Lanesborough Real Rights Deferred Units Barker, Cheryl 4 30/09/2013 56 274,481 9,191 Estate Investment Trust Lanesborough Real Rights Deferred Units Coleman, Earl 7 30/09/2013 56 253,358 9,191 Estate Investment Trust Lanesborough Real Debentures Series G Lanesborough Real 1 27/09/2013 38 96 $4,000 $4,000 Estate Investment Estate Investment Trust Trust Lanesborough Real Debentures Series G Lanesborough Real 1 30/09/2013 38 9600 $8,000 $4,000 Estate Investment Estate Investment Trust Trust Lanesborough Real Debentures Series G Lanesborough Real 1 02/10/2013 38 $4,000 -$4,000 Estate Investment Estate Investment Trust Trust Lanesborough Real Debentures Series G Lanesborough Real 1 03/10/2013 38 $0 -$4,000 Estate Investment Estate Investment Trust Trust Lanesborough Real Debentures Series G Lanesborough Real 1 04/10/2013 38 96 $4,000 $4,000 Estate Investment Estate Investment Trust Trust Lanesborough Real Rights Deferred Units Loewen, Charles 4 30/09/2013 56 277,311 9,191 Estate Investment Trust LE CHATEAU INC. Subordinate Voting Silverstone, Jane 3, 4, 27/09/2013 10 3.8226 5,821,600 9,300 Shares Class A 5 shares
October 10, 2013 (2013) 36 OSCB 9929
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed LE CHATEAU INC. Subordinate Voting Silverstone, Jane 3, 4, 01/10/2013 10 3.81 5,829,400 7,800 Shares Class A 5 shares LE CHATEAU INC. Subordinate Voting Silverstone, Jane 3, 4, 02/10/2013 10 3.67 5,829,800 400 Shares Class A 5 shares Legumex Walker Inc. Common Shares Horn, Joel 5 30/09/2013 10 3.07 33,000 1,700 LIONS GATE Common Shares Barge, James 5 01/10/2013 00 25,000 ENTERTAINMENT CORP. LIONS GATE Common Shares Burns, Michael 4, 5 03/08/2013 16 1,580,731 5,564 ENTERTAINMENT Raymond CORP. LIONS GATE Common Shares Burns, Michael 4, 5 03/08/2013 38 33.7 1,577,828 -2,903 ENTERTAINMENT Raymond CORP. LIONS GATE Common Shares Crawford, Gordon 4 01/10/2013 46 35.27 202,356 709 ENTERTAINMENT CORP. LIONS GATE Common Shares Evrensel, Arthur 4 01/10/2013 46 35.27 57,697 491 ENTERTAINMENT CORP. LIONS GATE Common Shares Giustra, Frank 4 01/10/2013 46 35.27 109,227 296 ENTERTAINMENT CORP. LIONS GATE Common Shares Keegan, Jim 5 01/10/2013 38 35.05 51,020 -10,743 ENTERTAINMENT CORP. LIONS GATE Common Shares Koffman, Morley 4 01/10/2013 46 35.27 79,955 544 ENTERTAINMENT CORP. LIONS GATE Common Shares Ludwig, Harald 4 01/10/2013 46 35.27 131,397 266 ENTERTAINMENT Horst CORP. LIONS GATE Common Shares Paterson, G. Scott 4 01/10/2013 46 35.27 125,036 780 ENTERTAINMENT CORP. LIONS GATE Common Shares Rachesky, Dr. Mark 3, 4, 01/10/2013 46 43,381 907 ENTERTAINMENT H. 6 CORP. LIONS GATE Common Shares Simm, Daryl 4 01/10/2013 46 35.27 65,011 473 ENTERTAINMENT CORP. LIONS GATE Common Shares SIMMONS, 4 01/10/2013 46 35.27 94,389 485 ENTERTAINMENT HARDWICK CORP. LIONS GATE Common Shares Yaffe, Phyllis 4 01/10/2013 46 35.27 30,708 710 ENTERTAINMENT CORP. Liquor Stores N.A. Common Shares Kipnes, Irv 3, 6, 23/09/2013 11 16.2 433,598 433,598 Ltd. 7 Liquor Stores N.A. Common Shares Kipnes, Irv 3, 6, 23/09/2013 47 16.2 0 -433,598 Ltd. 7 Liquor Stores N.A. Common Shares Kipnes, Irv 3, 6, 23/09/2013 47 16.2 433,598 433,598 Ltd. 7 Liquor Stores N.A. Common Shares Kipnes, Irv 3, 6, 23/09/2013 11 16.2 500,000 -433,598 Ltd. 7 Logistec Corporation Common Shares LOGISTEC 1 30/09/2013 38 0 -2,100 Class A CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 30/09/2013 38 35.967 7,300 600 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 30/09/2013 38 600 -6,700 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 01/10/2013 38 35.78 1,600 1,000 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 01/10/2013 38 1,000 -600 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 02/10/2013 38 35.98 1,100 100 Shares Class B CORPORATION Lorus Therapeutics Convertible Notes Inwentash, Sheldon 3, 6 11/06/2012 00 Inc. Convertible at $0.30 into common shares
October 10, 2013 (2013) 36 OSCB 9930
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Lorus Therapeutics Convertible Notes Inwentash, Sheldon 3, 6 26/09/2013 11 0.3 $150,000 $150,000 Inc. Convertible at $0.30 into common shares Lorus Therapeutics Promissory Notes Inwentash, Sheldon 3, 6 11/06/2012 00 Inc. Lorus Therapeutics Promissory Notes Inwentash, Sheldon 3, 6 11/06/2012 00 Inc. Lucara Diamond Corp. Options Mpatuoa, Nyakallo 7 27/11/2011 50 0.8 175,000 75,000 Lucara Diamond Corp. Options Mpatuoa, Nyakallo 7 03/05/2013 52 0.99 125,000 -50,000 Lucara Diamond Corp. Options Mpatuoa, Nyakallo 7 24/05/2013 50 0.7 175,000 50,000 Lucara Diamond Corp. Options Mpatuoa, Nyakallo 7 03/06/2013 52 0.87 125,000 -50,000 Lumina Copper Corp. Common Shares Carstensen, 5 30/09/2013 10 5.25 12,500 -2,000 Andrew Brooks Lumina Copper Corp. Common Shares Carstensen, 5 02/10/2013 10 5.35 7,500 -5,000 Andrew Brooks Lumina Copper Corp. Common Shares Hathaway, Peter 5 23/09/2013 10 4.925 120,300 -1,800 Leofric Lumina Copper Corp. Common Shares Hathaway, Peter 5 25/09/2013 10 4.959 90,300 -30,000 Leofric Lumina Copper Corp. Common Shares Hathaway, Peter 5 26/09/2013 10 5.018 78,500 -11,800 Leofric Lydian International Common Shares Aloyan, Hayk 5 26/09/2013 10 0.71 1,792,000 500 Limited Lydian International Common Shares Aloyan, Hayk 5 26/09/2013 10 0.71 1,792,500 500 Limited Lydian International Common Shares Aloyan, Hayk 5 26/09/2013 10 0.72 1,793,500 1,000 Limited Lydian International Common Shares Aloyan, Hayk 5 26/09/2013 10 0.71 1,794,000 500 Limited Lydian International Common Shares Aloyan, Hayk 5 26/09/2013 10 0.71 1,794,500 500 Limited Macarthur Minerals Common Shares Phillips, Alan 5 08/08/2011 00 Limited Options Joseph Macarthur Minerals Common Shares Phillips, Alan 5 27/09/2013 50 0.25 800,000 800,000 Limited Options Joseph Macarthur Minerals Common Shares Phillips, Alan 5 27/09/2013 50 0.25 800,000 800,000 Limited Options Joseph Macarthur Minerals Common Shares Taplin, David 5 16/10/2009 00 Limited Options Charles Eaton Macarthur Minerals Common Shares Taplin, David 5 27/09/2013 50 0.25 800,000 800,000 Limited Options Charles Eaton Macarthur Minerals Common Shares Taplin, David 5 27/09/2013 50 0.25 800,000 800,000 Limited Options Charles Eaton MacDonald, Dettwiler (DSUs, DRSUs, Bentz, Brian C. 4 30/09/2013 46 6,413 194 and Associates Ltd. SARs) MacDonald, Dettwiler (DSUs, DRSUs, Chambers, Thomas 4 30/09/2013 46 13,735 254 and Associates Ltd. SARs) S. MacDonald, Dettwiler (DSUs, DRSUs, Chookaszian, 4 30/09/2013 46 12,089 247 and Associates Ltd. SARs) Dennis MacDonald, Dettwiler (DSUs, DRSUs, Kenning, Brian 4 30/09/2013 46 8,825 214 and Associates Ltd. SARs) Graham MacDonald, Dettwiler (DSUs, DRSUs, Phillips, Robert L. 4 30/09/2013 46 18,905 473 and Associates Ltd. SARs) MacDonald, Dettwiler (DSUs, DRSUs, Salloum, Fares 4 30/09/2013 46 9,889 230 and Associates Ltd. SARs) Fouad Macro Enterprises Inc. Common Shares McFetridge, William 4 01/10/2013 10 5.45 39,700 4,700 James MAG Silver Corp. Common Shares Mason Hill 3 26/09/2013 10 6.0473 6,188,024 45,300 Advisors, LLC MAG Silver Corp. Common Shares Mason Hill 3 27/09/2013 10 6.1739 6,230,824 42,800 Advisors, LLC MAG Silver Corp. Common Shares Mason Hill 3 30/09/2013 10 6.0197 6,259,170 28,346 Advisors, LLC MAG Silver Corp. Common Shares Mason Hill 3 01/10/2013 10 5.8829 6,315,770 56,600 Advisors, LLC Magna International Units Deferred Share Bonham, Scott 4 30/09/2013 56 83.45 7,707 504 Inc. Units Barclay Magna International Units Deferred Share Bonham, Scott 4 01/10/2013 56 82.56 8,312 605 Inc. Units Barclay Magna International Units Deferred Share Bowie, Peter Guy 4 30/09/2013 56 83.45 479 Inc. Units Magna International Units Deferred Share Bowie, Peter Guy 4 30/09/2013 56 83.45 6,889 575 Inc. Units
October 10, 2013 (2013) 36 OSCB 9931
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Magna International Units Deferred Share Bowie, Peter Guy 4 01/10/2013 56 82.56 7,419 530 Inc. Units Magna International Common Shares Eyton, J. Trevor 4 06/05/2010 00 Inc. Magna International Common Shares Eyton, J. Trevor 4 27/09/2013 51 35.98 10,000 10,000 Inc. Magna International Common Shares Eyton, J. Trevor 4 27/09/2013 10 85.95 0 -10,000 Inc. Magna International Options Eyton, J. Trevor 4 27/09/2013 51 35.98 0 -10,000 Inc. Magna International Units Deferred Share Eyton, J. Trevor 4 30/09/2013 56 83.45 9,220 119 Inc. Units Magna International Units Deferred Share Eyton, J. Trevor 4 01/10/2013 56 82.56 9,622 402 Inc. Units Magna International Units Deferred Share Harder, Vernon 4 30/09/2013 56 83.45 7,546 408 Inc. Units Peter Magna International Units Deferred Share Harder, Vernon 4 01/10/2013 56 82.56 8,151 605 Inc. Units Peter Magna International Units Deferred Share Judge, Barbara 4 30/09/2013 56 83.45 42,996 239 Inc. Units Thomas Magna International Units Deferred Share Judge, Barbara 4 01/10/2013 56 82.56 43,602 606 Inc. Units Thomas Magna International Units Deferred Share Lauk, Kurt 4 01/10/2013 56 82.56 5,207 272 Inc. Units Magna International Units Deferred Share Worrall, Lawrence 4 01/10/2013 56 82.56 20,714 272 Inc. Units Magna International Units Deferred Share Young, William 4 01/10/2013 56 82.56 22,941 1,514 Inc. Units Magnum Capital Corp. Common Shares Evans, Daniel 4 24/09/2013 10 0.075 505,000 5,000 Bernard Magor Corporation Options Edgerton, Jerry 4 27/09/2013 50 0.59 80,000 7,500 (formerly Biovest Corp. I) Magor Corporation Options MacDonald, John 4 27/09/2013 50 0.59 67,500 5,000 (formerly Biovest Corp. I) Magor Corporation Options Marshall, Scott 4 27/09/2013 50 0.59 85,000 7,500 (formerly Biovest Corp. I) Magor Corporation Common Shares Mueller, Michael 4 18/10/2010 00 (formerly Biovest Peter Corp. I) Magor Corporation Common Shares Mueller, Michael 4 02/10/2013 10 0.235 14,000 14,000 (formerly Biovest Peter Corp. I) Magor Corporation Options Mueller, Michael 4 27/09/2013 50 0.59 65,000 15,000 (formerly Biovest Peter Corp. I) Magor Corporation Options Rusheleau, Daniel 4 27/09/2013 50 0.59 277,500 5,000 (formerly Biovest Corp. I) Magor Corporation Options Spooner, Steven 4 27/09/2013 50 0.59 92,500 15,000 (formerly Biovest Corp. I) Magor Corporation Options STILLER, CALVIN 4, 5 27/09/2013 50 0.59 55,000 5,000 (formerly Biovest R. Corp. I) Magor Corporation Options Watts, John 4 27/09/2013 50 0.59 80,000 7,500 (formerly Biovest Corp. I) Man GLG Emerging Units Class A Man GLG Emerging 1 30/09/2013 10 7.77 32,600 32,600 Markets Income Fund Markets Income Fund Man GLG Emerging Units Class A Man GLG Emerging 1 30/09/2013 38 0 -32,600 Markets Income Fund Markets Income Fund Man GLG Emerging Units Class A Man GLG Emerging 1 01/10/2013 10 7.77 3,000 3,000 Markets Income Fund Markets Income Fund Man GLG Emerging Units Class A Man GLG Emerging 1 01/10/2013 38 0 -3,000 Markets Income Fund Markets Income Fund Man GLG Emerging Units Class A Man GLG Emerging 1 02/10/2013 10 7.65 25,500 25,500 Markets Income Fund Markets Income Fund
October 10, 2013 (2013) 36 OSCB 9932
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Man GLG Emerging Units Class A Man GLG Emerging 1 02/10/2013 38 0 -25,500 Markets Income Fund Markets Income Fund Man GLG Emerging Units Class A Man GLG Emerging 1 03/10/2013 10 7.65 18,000 18,000 Markets Income Fund Markets Income Fund Man GLG Emerging Units Class A Man GLG Emerging 1 03/10/2013 38 0 -18,000 Markets Income Fund Markets Income Fund Manac Inc. Multiple Voting American Industrial 3 20/09/2013 00 6,053,290 Shares Partners Capital Fund IV (Cayman), L.P. Manac Inc. Multiple Voting Dutil, Charles 3, 4, 20/09/2013 00 1,210,658 Shares 5 Manac Inc. Multiple Voting Dutil, Marcel E. 3 20/09/2013 00 4,842,632 Shares Manac Inc. Subordinate Voting Labonté, Michel 4 20/09/2013 00 5,000 Shares Manac Inc. Subordinate Voting Roy, Pierre- 4 20/09/2013 00 3,570 Shares Georges Manac Inc. Subordinate Voting Thabet, Annie 4 20/09/2013 00 3,000 Shares Manac Inc. Subordinate Voting Thabet, Annie 4 20/09/2013 00 3,000 Shares Manicouagan Minerals Options Beauregard, 4 30/09/2013 52 2 101,000 -8,000 Inc. Jacques R. Manicouagan Minerals Options Carter, Walter Brian 4, 5 30/09/2013 52 588,000 -13,000 Inc. Manicouagan Minerals Options Davis, Douglas 4, 5 30/09/2013 52 161,000 -13,000 Inc. Alfred Clark Manicouagan Minerals Options Johnson, Donald 4 30/09/2013 52 101,000 -8,000 Inc. Kenneth Manicouagan Minerals Options Kololian, Vahan 4 30/09/2013 52 34,500 -130,000 Inc. Manicouagan Minerals Options Martin, Erik H. 5 30/09/2013 52 2 167,000 -20,000 Inc. Manitok Energy Inc. Options McLeod, Yvonne 5 27/08/2013 00 245,000 Margarita Manulife Financial Deferred Share Units Caron, Joseph 4 30/09/2013 46 17.38 18,221 1,042 Corporation Peter Manulife Financial Deferred Share Units Cassaday, John M. 4 30/09/2013 46 17.38 101,106 2,402 Corporation Manulife Financial Deferred Share Units DeWolfe, Richard 4 30/09/2013 46 17.38 83,419 2,574 Corporation B. Manulife Financial Deferred Share Units Fraser, Sheila 4 30/09/2013 46 17.38 16,220 2,675 Corporation Sarah Margaret Manulife Financial Deferred Share Units Hand, Scott McKee 4 30/09/2013 46 17.38 32,426 1,093 Corporation Manulife Financial Deferred Share Units Harding, Robert J 4 30/09/2013 46 17.38 59,196 2,258 Corporation Manulife Financial Deferred Share Units Helms, Luther 4 30/09/2013 46 17.38 52,994 1,042 Corporation Sherman Manulife Financial Deferred Share Units Hsieh, Tsun-Yan 4 30/09/2013 46 17.38 19,333 2,243 Corporation Manulife Financial Deferred Share Units Lindsay, Donald 4 30/09/2013 46 17.38 23,012 2,100 Corporation Richard Manulife Financial Deferred Share Units Palmer, John Ralph 4 30/09/2013 46 17.38 44,465 1,308 Corporation Vernon Manulife Financial Deferred Share Units Prieur, Claude. 4 30/09/2013 46 17.38 7,151 2,100 Corporation James Manulife Financial Deferred Share Units Rosen, Andrea 4 30/09/2013 46 17.38 25,298 1,898 Corporation Sarah Manulife Financial Deferred Share Units Webster, Lesley 4 30/09/2013 46 17.38 7,133 1,582 Corporation Daniels Matrix Asset Common Shares Bell, Larry I. 4, 7 28/09/2013 30 59,998 Management Inc. Matrix Asset Common Shares Bell, Larry I. 4, 7 28/09/2013 30 222,545 59,988 Management Inc. Matrix Asset Restricted Shares Bell, Larry I. 4, 7 28/09/2013 30 -29,984 Management Inc. Matrix Asset Restricted Shares Bell, Larry I. 4, 7 28/09/2013 30 101,063 -29,994 Management Inc.
October 10, 2013 (2013) 36 OSCB 9933
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Matrix Asset Vested Restricted Bell, Larry I. 4, 7 28/09/2013 30 -59,998 Management Inc. Shares Matrix Asset Vested Restricted Bell, Larry I. 4, 7 28/09/2013 30 27,384 -59,988 Management Inc. Shares Matrix Asset Vested Restricted Bell, Larry I. 4, 7 28/09/2013 30 29,984 Management Inc. Shares Matrix Asset Vested Restricted Bell, Larry I. 4, 7 28/09/2013 30 57,378 29,994 Management Inc. Shares Matrix Asset Common Shares Crow, Carol Lisa 7, 5 28/09/2013 30 35364 133,722 35,364 Management Inc. Matrix Asset Vested Restricted Crow, Carol Lisa 7, 5 28/09/2013 30 0 -35,364 Management Inc. Shares Matrix Asset Common Shares Hayes, Thomas 7 28/09/2013 30 247,636 12,636 Management Inc. Joseph Matrix Asset Restricted Shares Hayes, Thomas 7 28/09/2013 30 12,636 -6,318 Management Inc. Joseph Matrix Asset Vested Restricted Hayes, Thomas 7 28/09/2013 30 0 -12,636 Management Inc. Shares Joseph Matrix Asset Vested Restricted Hayes, Thomas 7 28/09/2013 30 6,318 6,318 Management Inc. Shares Joseph Matrix Asset Common Shares Lee, Timothy Kee- 8, 7 28/09/2013 30 193,093 54,577 Management Inc. Yun Matrix Asset Restricted Shares Lee, Timothy Kee- 8, 7 28/09/2013 30 54,577 -27,288 Management Inc. Yun Matrix Asset Vested Restricted Lee, Timothy Kee- 8, 7 28/09/2013 30 0 -54,577 Management Inc. Shares Yun Matrix Asset Vested Restricted Lee, Timothy Kee- 8, 7 28/09/2013 30 27,288 27,288 Management Inc. Shares Yun Matrix Asset Common Shares Matthews, Clinton 8, 7, 28/09/2013 30 153,137 47,340 Management Inc. Edward 5 Matrix Asset Restricted Shares Matthews, Clinton 8, 7, 28/09/2013 30 47,341 -23,670 Management Inc. Edward 5 Matrix Asset Vested Restricted Matthews, Clinton 8, 7, 28/09/2013 30 0 -47,340 Management Inc. Shares Edward 5 Matrix Asset Vested Restricted Matthews, Clinton 8, 7, 28/09/2013 30 23,670 23,670 Management Inc. Shares Edward 5 Matrix Asset Common Shares Parker, Dale 4, 7 28/09/2013 30 123,453 24,315 Management Inc. George Matrix Asset Restricted Shares Parker, Dale 4, 7 28/09/2013 30 24,315 -12,157 Management Inc. George Matrix Asset Vested Restricted Parker, Dale 4, 7 28/09/2013 30 0 -24,315 Management Inc. Shares George Matrix Asset Vested Restricted Parker, Dale 4, 7 28/09/2013 30 12,157 12,157 Management Inc. Shares George Matrix Asset Common Shares Rankin, Daniel 8, 4 28/09/2013 30 20,000 Management Inc. Stephen Matrix Asset Common Shares Rankin, Daniel 8, 4 28/09/2013 30 59,289 40,000 Management Inc. Stephen Matrix Asset Restricted Shares Rankin, Daniel 8, 4 28/09/2013 30 40,000 -20,000 Management Inc. Stephen Matrix Asset Vested Restricted Rankin, Daniel 8, 4 28/09/2013 30 0 -40,000 Management Inc. Shares Stephen Matrix Asset Vested Restricted Rankin, Daniel 8, 4 28/09/2013 30 20,000 20,000 Management Inc. Shares Stephen Matrix Asset Common Shares Rautava, Tony 5 28/09/2013 30 5,276 2,909 Management Inc. Antero Matrix Asset Restricted Shares Rautava, Tony 5 28/09/2013 30 52,909 -1,454 Management Inc. Antero Matrix Asset Vested Restricted Rautava, Tony 5 28/09/2013 30 0 -2,909 Management Inc. Shares Antero Matrix Asset Vested Restricted Rautava, Tony 5 28/09/2013 30 1,454 1,454 Management Inc. Shares Antero Matrix Asset Common Shares Shields, John 4, 7 28/09/2013 30 72,397 40,000 Management Inc. Terence Matrix Asset Restricted Shares Shields, John 4, 7 28/09/2013 30 40,000 -20,000 Management Inc. Terence Matrix Asset Vested Restricted Shields, John 4, 7 28/09/2013 30 0 -40,000 Management Inc. Shares Terence Matrix Asset Vested Restricted Shields, John 4, 7 28/09/2013 30 20,000 20,000 Management Inc. Shares Terence
October 10, 2013 (2013) 36 OSCB 9934
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Maxim Power Corp. Common Shares McCrimmon, 5 30/09/2013 90 0 -39,000 Ronald Logan Maxim Power Corp. Common Shares McCrimmon, 5 30/09/2013 90 40,000 39,000 Ronald Logan MAYA GOLD & Common Shares Goulet, Guy 4, 5 30/09/2013 10 0.245 1,266,546 1,500 SILVER INC. MAYA GOLD & Common Shares Goulet, Guy 4, 5 01/10/2013 10 0.24 1,267,546 1,000 SILVER INC. MBN Corporation Units Brasseur, Jeremy 6 27/09/2013 10 5.5 578,173 1,100 MBN Corporation Units Brasseur, Jeremy 6 27/09/2013 10 5.5 578,873 700 MBN Corporation Units Brasseur, Jeremy 6 27/09/2013 10 5.5 579,373 500 MBN Corporation Units Brasseur, Jeremy 6 30/09/2013 10 5.5 580,273 900 MBN Corporation Units Brasseur, Jeremy 6 30/09/2013 10 5.35 580,473 200 MBN Corporation Units Brasseur, Jeremy 6 30/09/2013 10 5.5 581,373 900 MBN Corporation Units Brasseur, Jeremy 6 30/09/2013 10 5.45 581,773 400 MBN Corporation Units Brasseur, Jeremy 6 30/09/2013 10 5.62 582,073 300 MBN Corporation Units Brasseur, Jeremy 6 01/10/2013 10 5.62 584,373 2,300 MBN Corporation Units Brasseur, Jeremy 6 01/10/2013 10 5.4 585,273 900 MBN Corporation Units Brasseur, Jeremy 6 01/10/2013 10 5.5 585,873 600 MBN Corporation Units Brasseur, Jeremy 6 01/10/2013 10 5.5 586,673 800 MBN Corporation Units Brasseur, Jeremy 6 01/10/2013 10 5.5 587,273 600 MBN Corporation Units Brasseur, Jeremy 6 01/10/2013 10 5.58 587,473 200 MBN Corporation Units Brasseur, Jeremy 6 02/10/2013 10 5.6 588,473 1,000 MBN Corporation Units Brasseur, Jeremy 6 02/10/2013 10 5.55 588,900 427 MBN Corporation Units Brasseur, Jeremy 6 02/10/2013 10 5.5 589,500 600 MBN Corporation Units Brasseur, Jeremy 6 02/10/2013 10 5.55 590,100 600 MBN Corporation Units Brasseur, Jeremy 6 03/10/2013 10 5.55 591,000 900 MBN Corporation Units Brasseur, Jeremy 6 03/10/2013 10 5.55 591,600 600 MBN Corporation Units OilSands Canada 1 26/09/2013 38 5.45 1,100 1,100 MBN Corporation Units OilSands Canada 1 26/09/2013 38 0 -1,100 MBN Corporation Units OilSands Canada 1 27/09/2013 38 5.4 600 600 MBN Corporation Units OilSands Canada 1 27/09/2013 38 0 -600 MBN Corporation Units OilSands Canada 1 01/10/2013 38 5.53 800 800 MBN Corporation Units OilSands Canada 1 01/10/2013 38 0 -800 MCAN Mortgage Common Shares Cruise, Brydon 4 30/09/2013 30 12.312 32,405 720 Corporation MCAN Mortgage Common Shares Cruise, Brydon 4 30/09/2013 10 12.503 37,405 5,000 Corporation MCAN Mortgage Common Shares Cruise, Brydon 4 30/09/2013 30 12.312 53,771 1,195 Corporation MCAN Mortgage Common Shares Jandrisits, William 4, 7, 19/04/2013 30 14.731 192 83 Corporation John 5 MCAN Mortgage Common Shares Jandrisits, William 4, 7, 30/04/2013 30 14.929 274 82 Corporation John 5 MCAN Mortgage Common Shares Jandrisits, William 4, 7, 15/05/2013 30 14.6 357 83 Corporation John 5 MCAN Mortgage Common Shares Jandrisits, William 4, 7, 05/06/2013 30 14.75 440 83 Corporation John 5 MCAN Mortgage Common Shares Jandrisits, William 4, 7, 14/06/2013 30 14.217 526 86 Corporation John 5 MCAN Mortgage Common Shares Jandrisits, William 4, 7, 28/06/2013 30 14 613 87 Corporation John 5 MCAN Mortgage Common Shares Jandrisits, William 4, 7, 28/06/2013 30 13.704 622 9 Corporation John 5 MCAN Mortgage Deferred Share Units Jandrisits, William 4, 7, 30/09/2013 30 12.493 41,395 907 Corporation John 5 MCAN Mortgage Common Shares Sutherland, Ian 3, 4 30/09/2013 10 12.4 1,627,000 6,000 Corporation MCAN Mortgage Common Shares Wright, William 4 26/09/2013 00 5,000 Corporation Terrence McVicar Industries Common Shares Chai, Gang 4, 5 03/10/2013 10 0.21 1,026,005 100,000 Inc. McVicar Industries Common Shares Chai, Gang 4, 5 04/10/2013 10 0.2 1,076,005 50,000 Inc. MCW Energy Group Common Shares Redline Capital 3 26/09/2013 10 0.9871 8,735,652 40,000 Limited Management SA, for Redline Capital Fund MCW Energy Group Common Shares Redline Capital 3 27/09/2013 10 1 8,775,652 40,000 Limited Management SA, for Redline Capital Fund
October 10, 2013 (2013) 36 OSCB 9935
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Mediagrif Interactive Common Shares Anglaret, Stéphane 5 01/10/2013 30 18,333 202 Technologies Inc. Mediagrif Interactive Common Shares Bourque, Paul 5 01/10/2013 30 22,659 112 Technologies Inc. Mediagrif Interactive Common Shares Hallak, Hélène 5 01/10/2013 30 68,822 84 Technologies Inc. Mediagrif Interactive Common Shares Lampron, Richard 5 01/10/2013 30 40,123 159 Technologies Inc. Mediagrif Interactive Common Shares Rousseau, Camil 5 01/10/2013 30 12,607 55 Technologies Inc. Mediagrif Interactive Common Shares Roy, Claude 3, 4, 01/10/2013 30 619,616 27 Technologies Inc. 5 Mediagrif Interactive Common Shares Saunders, Paul 7 01/10/2013 30 60,581 190 Technologies Inc. Mediagrif Interactive Common Shares Stam, Jean-Michel 5 01/10/2013 30 11,980 172 Technologies Inc. Mediagrif Interactive Common Shares Tapp, Patrick 7 01/10/2013 30 758 8 Technologies Inc. Medmira Inc. Common Shares Meile, Urs 3 30/09/2013 11 0.05 352,100,000 122,100,000 Medmira Inc. Common Shares Meile, Urs 3 01/10/2013 10 0.05 352,200,000 100,000 MEGA Brands Inc. DSU Di Iorio, Nicola 4 30/09/2013 56 29,949 588 MEGA Brands Inc. DSU Gregson, William 4 30/09/2013 56 7,020 980 MEGA Brands Inc. DSU Marsilii, Joe 4 30/09/2013 56 22,476 510 MEGA Brands Inc. DSU Muir, Thomas 4 30/09/2013 56 34,388 1,058 Pinaud MEGA Brands Inc. DSU Rivett, Paul 4 30/09/2013 56 24,350 392 Melcor Real Estate Trust Units Roozen, Catherine 6 30/09/2013 10 10 17,500 5,300 Investment Trust M. Melcor Real Estate Trust Units Roozen, Catherine 6 01/10/2013 10 10 20,000 2,500 Investment Trust M. Mercer International Performance Units URE, DAVID K. 5 30/09/2013 46 41,233 23,651 Inc. Merus Labs Common Shares Doroudian, Ahmad 4, 5 01/11/2012 00 960,790 International Inc. Merus Labs Common Shares Doroudian, Ahmad 4, 5 06/07/2013 16 0.6 1,060,790 100,000 International Inc. Merus Labs Common Shares Doroudian, Ahmad 4, 5 01/11/2012 00 792,666 International Inc. Merus Labs Options Doroudian, Ahmad 4, 5 01/11/2012 00 1,000,000 International Inc. Merus Labs Warrants Doroudian, Ahmad 4, 5 01/11/2012 00 6,250 International Inc. Merus Labs Warrants Doroudian, Ahmad 4, 5 12/05/2013 55 0 -6,250 International Inc. Metallis Resources Options Lever, Jon Stacy 4, 5 12/01/2012 00 Inc. Metallis Resources Options Lever, Jon Stacy 4, 5 19/09/2013 50 0.1 100,000 100,000 Inc. Methanex Corporation Rights Deferred Balloch, Howard 4 30/09/2013 56 42,791 525 Share Units Methanex Corporation Common Shares Macdonald, Michael 5 30/09/2013 51 24.96 20,125 5,000 Glencoe Methanex Corporation Common Shares Macdonald, Michael 5 30/09/2013 10 52.4 15,125 -5,000 Glencoe Methanex Corporation Options Macdonald, Michael 5 30/09/2013 51 84,000 -5,000 Glencoe Metro inc. Unités d'actions DESERRES, MARC 4 28/09/2013 35 65.67 10,444 40 différées/Deferred Stock Units Metro inc. Unités d'actions DESERRES, MARC 4 28/09/2013 56 64.32 10,642 198 différées/Deferred Stock Units Metro inc. Unités d'actions Dussault, Claude 4 28/09/2013 35 65.67 9,898 38 différées/Deferred Stock Units Metro inc. Unités d'actions Dussault, Claude 4 28/09/2013 56 64.32 9,997 99 différées/Deferred Stock Units Metro inc. Unités d'actions Ferland, Serge 4 28/09/2013 35 65.67 14,736 56 différées/Deferred Stock Units
October 10, 2013 (2013) 36 OSCB 9936
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Metro inc. Unités d'actions Ferland, Serge 4 28/09/2013 56 64.32 15,023 287 différées/Deferred Stock Units Metro inc. Unités d'actions Gauthier, Paule 4 28/09/2013 35 65.67 9,309 35 différées/Deferred Stock Units Metro inc. Unités d'actions Gauthier, Paule 4 28/09/2013 56 64.32 9,475 166 différées/Deferred Stock Units Metro inc. Unités d'actions Gobeil, Paul 4 28/09/2013 35 65.67 5,267 20 différées/Deferred Stock Units Metro inc. Unités d'actions Gobeil, Paul 4 28/09/2013 56 64.32 5,355 88 différées/Deferred Stock Units Metro inc. Unités d'actions Goodman, Russell 4 28/09/2013 35 65.67 1,442 5 différées/Deferred Andrew Stock Units Metro inc. Unités d'actions Goodman, Russell 4 28/09/2013 56 64.32 1,525 83 différées/Deferred Andrew Stock Units Metro inc. Unités d'actions HAUB, Christian 4 28/09/2013 35 65.67 11,407 43 différées/Deferred W.E. Stock Units Metro inc. Unités d'actions HAUB, Christian 4 28/09/2013 56 64.32 11,730 323 différées/Deferred W.E. Stock Units Metro inc. Unités d'actions Labonté, Michel 4 28/09/2013 35 65.67 7,922 30 différées/Deferred Stock Units Metro inc. Unités d'actions Labonté, Michel 4 28/09/2013 56 64.32 8,132 210 différées/Deferred Stock Units Metro inc. Unités d'actions LESSARD, Pierre 4, 5 28/09/2013 35 65.67 13,839 52 différées/Deferred H. Stock Units Metro inc. Unités d'actions LESSARD, Pierre 4, 5 28/09/2013 56 64.32 14,062 223 différées/Deferred H. Stock Units Metro inc. Unités d'actions Nadeau, Marie-Jose 4 28/09/2013 35 65.67 7,505 28 différées/Deferred Stock Units Metro inc. Unités d'actions Nadeau, Marie-Jose 4 28/09/2013 56 64.32 7,873 368 différées/Deferred Stock Units Metro inc. Unités d'actions Raymond, Réal 4 28/09/2013 35 65.67 6,324 24 différées/Deferred Stock Units Metro inc. Unités d'actions Raymond, Réal 4 28/09/2013 56 64.32 6,510 186 différées/Deferred Stock Units Metro inc. Unités d'actions Rosicki, Michael 4 28/09/2013 35 65.67 5,571 21 différées/Deferred Stock Units Metro inc. Unités d'actions Rosicki, Michael 4 28/09/2013 56 64.32 5,659 88 différées/Deferred Stock Units Metro inc. Unités d'actions TORY, JOHN 4 28/09/2013 35 65.67 2,664 10 différées/Deferred HOWARD Stock Units Metro inc. Unités d'actions TORY, JOHN 4 28/09/2013 56 64.32 2,896 232 différées/Deferred HOWARD Stock Units MicroCoal Common Shares Smulewicz, 4, 5 29/01/2013 11 0.225 1,199,000 800,000 Technologies Inc. Slawomir MicroCoal Common Shares Smulewicz, 4, 5 01/02/2013 10 0.24 399,000 -800,000 Technologies Inc. Slawomir MicroCoal Warrants Smulewicz, 4, 5 01/10/2008 11 0 -1,200,000 Technologies Inc. Slawomir Micromem Common Shares Fuda, Joseph 4, 5 01/10/2013 11 0.2 1,201,947 656,667 Technologies Inc.
October 10, 2013 (2013) 36 OSCB 9937
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Micromem Common Shares Fuda, Joseph 4, 5 02/10/2013 47 1,101,947 -100,000 Technologies Inc. Middlefield Can- Trust Units Can-Global REIT 1 23/09/2013 38 9.33 338,100 1,200 Global REIT Income Income Fund Fund Middlefield Can- Trust Units Can-Global REIT 1 24/09/2013 38 9.25 339,300 1,200 Global REIT Income Income Fund Fund Middlefield Can- Trust Units Can-Global REIT 1 30/09/2013 38 9.31 345,600 6,300 Global REIT Income Income Fund Fund Middlefield Can- Trust Units Can-Global REIT 1 01/10/2013 38 9.25 346,000 400 Global REIT Income Income Fund Fund Middlefield Tactical Units Lauzon, Robert 5 23/02/2012 22 6.43 885 Energy Corporation Middlefield Tactical Units Lauzon, Robert 5 23/02/2012 22 6.43 2,284 884 Energy Corporation Milestone Apartments Deferred Units Biggar, William 4 30/09/2013 56 5,143 2,650 Real Estate John Investment Trust Milestone Apartments Deferred Units Graham, Janet 4 30/09/2013 56 5,684 2,751 Real Estate Investment Trust Milestone Apartments Deferred Units Matheson, Richard 4 30/09/2013 56 4,654 2,245 Real Estate Norman Investment Trust Milestone Apartments Deferred Units Senst, Graham 4 30/09/2013 56 4,697 2,225 Real Estate David Investment Trust Milestone Apartments Deferred Units Young, Michael 4 30/09/2013 56 6,014 2,913 Real Estate D'Arcy Investment Trust Minsud Resources Options Andersen, Paul 5 03/10/2013 50 265,000 40,000 Corp. (previously, Forbes Rattlesnake Ventures Inc.) Minsud Resources Options Coates, Howard 4, 5 03/10/2013 50 365,000 65,000 Corp. (previously, James Rattlesnake Ventures Inc.) Minsud Resources Options Massa, Carlos 8, 4, 03/10/2013 50 940,000 100,000 Corp. (previously, 5 Rattlesnake Ventures Inc.) Minsud Resources Options Mendl, Eduardo 4 03/10/2013 50 165,000 65,000 Corp. (previously, Rattlesnake Ventures Inc.) Minsud Resources Options Orcoyen, Alberto 8, 4 03/10/2013 50 615,000 40,000 Corp. (previously, Rattlesnake Ventures Inc.) Minsud Resources Options Perazzo, Diego 8, 4, 03/10/2013 50 565,000 40,000 Corp. (previously, Eduardo 6, 5 Rattlesnake Ventures Inc.) Minsud Resources Options White, Scott Fulton 4 03/10/2013 50 565,000 40,000 Corp. (previously, Rattlesnake Ventures Inc.) MINT Income Fund Trust Units MINT Income Fund 1 20/09/2013 38 9.65 43,296,212 900 MINT Income Fund Trust Units MINT Income Fund 1 23/09/2013 38 9.69 43,299,812 3,600 MINT Income Fund Trust Units MINT Income Fund 1 24/09/2013 38 9.76 43,301,312 1,500 MINT Income Fund Trust Units MINT Income Fund 1 25/09/2013 38 9.74 43,305,312 4,000 MINT Income Fund Trust Units MINT Income Fund 1 26/09/2013 38 9.7 43,309,512 4,200 MINT Income Fund Trust Units MINT Income Fund 1 27/09/2013 38 9.71 43,311,812 2,300 MINT Income Fund Trust Units MINT Income Fund 1 30/09/2013 38 9.69 43,320,012 8,200 MINT Income Fund Trust Units MINT Income Fund 1 01/10/2013 38 9.77 43,323,212 3,200 MINT Income Fund Trust Units Class A MINT Income Fund 1 20/09/2013 38 9.66 85,800 400 MINT Income Fund Trust Units Class A MINT Income Fund 1 24/09/2013 38 9.65 86,900 1,100 MINT Income Fund Trust Units Class A MINT Income Fund 1 25/09/2013 38 9.65 91,400 4,500 MINT Income Fund Trust Units Class A MINT Income Fund 1 26/09/2013 38 9.62 95,900 4,500 MINT Income Fund Trust Units Class A MINT Income Fund 1 30/09/2013 38 9.6 98,000 2,100
October 10, 2013 (2013) 36 OSCB 9938
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Mitel Networks Common Shares Charbonneau, Peter 4 30/09/2013 51 3.75 20,017 4,741 Corporation D. Mitel Networks Options Charbonneau, Peter 4 30/09/2013 51 3.75 178,454 -4,741 Corporation D. Mitel Networks Options McCarthy, Michael 5 27/09/2013 00 20,000 Corporation William Monarques Resources Common Shares Bourassa, guy 4, 6 27/09/2013 10 0.1 175,883 7,500 Inc. georges Montan Capital Corp. Common Shares Zimtu Capital Corp. 3 26/09/2013 10 0.15 1,546,000 1,500 Montan Capital Corp. Common Shares Zimtu Capital Corp. 3 27/09/2013 10 0.15 1,550,000 4,000 Montan Capital Corp. Common Shares Zimtu Capital Corp. 3 30/09/2013 10 0.15 1,551,000 1,000 Montana Exploration Common Shares Selby, Charles 4 27/09/2013 36 148,946 125,000 Corp. (formerly Vincent AltaCanada Energy Corp.) Montana Exploration Convertible Preferred Selby, Charles 4 27/09/2013 36 0 -100,000 Corp. (formerly Shares Vincent AltaCanada Energy Corp.) Montana Exploration Warrants Selby, Charles 4 21/04/2003 00 Corp. (formerly Vincent AltaCanada Energy Corp.) Montana Exploration Warrants Selby, Charles 4 27/09/2013 36 125,000 125,000 Corp. (formerly Vincent AltaCanada Energy Corp.) Morguard Corporation Common Shares Morguard 1 01/10/2013 38 111.16 4,100 4,100 Corporation Morguard Corporation Common Shares Morguard 1 01/10/2013 38 0 -4,100 Corporation Morguard Real Estate Units Morguard Real 1 01/10/2013 38 16.34 320,700 320,700 Investment Trust Estate Investment Trust Morguard Real Estate Units Morguard Real 1 01/10/2013 38 0 -320,700 Investment Trust Estate Investment Trust MRF 2013 Resource Limited Partnership Brasseur, Jeremy 6 27/09/2013 11 25 43,220 -16,600 Limited Partnership Units MRF 2013 Resource Limited Partnership Brasseur, Jeremy 6 27/09/2013 11 25 16,600 16,600 Limited Partnership Units MRF 2013 Resource Limited Partnership Brasseur, Jeremy 6 27/09/2013 11 24.125 0 -16,600 Limited Partnership Units National Bank of Common Shares Hébert, Brigitte 5 25/09/2013 10 85.049 -677 Canada National Bank of Common Shares Hébert, Brigitte 5 25/09/2013 10 85.049 1,032 -677 Canada NEMI Northern Common Shares Nemi Northern 1 04/09/2013 38 0.65 1,000 1,000 Energy & Mining Inc. Energy & Mining Inc. NEMI Northern Common Shares Nemi Northern 1 06/09/2013 38 0 -1,000 Energy & Mining Inc. Energy & Mining Inc. NEMI Northern Common Shares Nemi Northern 1 12/09/2013 38 0.65 2,000 2,000 Energy & Mining Inc. Energy & Mining Inc. NEMI Northern Common Shares Nemi Northern 1 12/09/2013 38 0 -2,000 Energy & Mining Inc. Energy & Mining Inc. NEMI Northern Common Shares Nemi Northern 1 13/09/2013 38 0.63 2,000 2,000 Energy & Mining Inc. Energy & Mining Inc. NEMI Northern Common Shares Nemi Northern 1 13/09/2013 38 0 -2,000 Energy & Mining Inc. Energy & Mining Inc. Nevada Copper Corp. Options Bonifacio, Giulio 3, 4, 19/09/2013 50 2.35 2,165,000 250,000 5 Nevada Sunrise Gold Common Shares Stanyer, Warren 4 27/09/2013 10 0.03 2,471,000 98,000 Corporation William Nevada Sunrise Gold Common Shares Stanyer, Warren 4 30/09/2013 10 0.025 2,478,000 7,000 Corporation William Nevada Sunrise Gold Common Shares Stanyer, Warren 4 01/10/2013 10 0.03 2,548,000 70,000 Corporation William Nevada Sunrise Gold Common Shares Stanyer, Warren 4 02/10/2013 10 0.03 2,593,000 45,000 Corporation William
October 10, 2013 (2013) 36 OSCB 9939
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed NEW DAWN MINING Options Common MacDonnell, Philip 4 16/09/2013 52 116,716 -75,000 CORP. Shares Gordon New Flyer Industries Deferred Share Units Edwards, Larry 7 30/09/2013 56 3,147 328 Inc. Dean New Flyer Industries Deferred Share Units Gray, Adam L. 4 30/09/2013 56 2,304 328 Inc. New Flyer Industries Deferred Share Units Jacobsen, Patricia 4 30/09/2013 56 4,879 874 Inc. Anne New Flyer Industries Deferred Share Units Marinucci, Giovanni 4 30/09/2013 56 3,147 328 Inc. (John) New Flyer Industries Deferred Share Units McLeod, Wayne 4 30/09/2013 56 3,147 328 Inc. New Flyer Industries Deferred Share Units Millar, William Wells 4 30/09/2013 56 2,304 328 Inc. New Flyer Industries Deferred Share Units Sardo, Vincent 4 30/09/2013 56 3,147 328 Inc. James New Flyer Industries Deferred Share Units Tobin, Brian Vincent 4 30/09/2013 56 5,848 1,179 Inc. Newalta Corporation Common Shares Pardo, Felix 7 27/09/2013 10 15.86 31,731 -4,000 Newalta Corporation Common Shares Pardo, Felix 7 27/09/2013 10 15.9 30,731 -1,000 Newalta Corporation Common Shares Pardo, Felix 7 30/09/2013 10 15.84 29,731 -1,000 Newalta Corporation Common Shares Riddell, Clayton H. 3 27/09/2013 10 15.901 4,070,250 -50,000 Newalta Corporation Common Shares Riddell, Clayton H. 3 27/09/2013 10 15.931 3,970,250 -100,000 Newfoundland Capital Subordinate Voting Newfoundland 1 01/10/2013 38 9.2 400,000 400,000 Corporation Limited Shares Class A Capital Corporation Limited Newfoundland Capital Subordinate Voting Newfoundland 1 01/10/2013 38 0 -400,000 Corporation Limited Shares Class A Capital Corporation Limited NexGen Energy Ltd. Common Shares Inwentash, Sheldon 3, 6 27/09/2013 10 0.31 3,008,000 37,000 NexJ Systems Inc. Common Shares Holland, William T. 4 02/10/2013 10 1.9 2,296,300 437,800 Nighthawk Gold Corp. Common Shares Cudney, Robert 3 27/09/2013 10 0.09 30,193,459 34,000 Douglas Nightingale Informatix Subscription Rights Cauley, Peter 5 01/04/2013 00 Corporation subscription receipt Francis for convertible debentures Series C Nightingale Informatix Subscription Rights Cauley, Peter 5 02/10/2013 11 1000 50,000 50,000 Corporation subscription receipt Francis for convertible debentures Series C Nightingale Informatix Convertible Frumberg, Charles 4, 6 18/04/2007 00 Corporation Debentures Series C convertible into shares of Common Stock at $0.60 Nightingale Informatix Convertible Frumberg, Charles 4, 6 02/10/2013 11 1000 $300,000 $300,000 Corporation Debentures Series C convertible into shares of Common Stock at $0.60 Nightingale Informatix Convertible Mourtada, Alia 5 01/09/2005 00 Corporation Debentures Series C convertible into shares of Common Stock at $0.60 Nightingale Informatix Convertible Mourtada, Alia 5 02/10/2013 11 1000 $32,000 $32,000 Corporation Debentures Series C convertible into shares of Common Stock at $0.60 Nordion Inc. Common Shares Ashwood, 5 01/10/2013 90 9,181 4,731 Christopher Kent Nordion Inc. Common Shares Ashwood, 5 30/04/2013 30 4,733 768 Christopher Kent Nordion Inc. Common Shares Ashwood, 5 01/10/2013 90 2 -4,731 Christopher Kent Nordion Inc. Common Shares Ashwood, 5 02/10/2013 10 0 -2 Christopher Kent North American Deferred Share Unit Giesler, Carl 4 30/09/2013 56 52,463 6,428 Energy Partners Inc. (Common Shares) Frederick North American Deferred Share Unit McIntosh, Ronald A 4 30/09/2013 56 113,484 1,685 Energy Partners Inc. (Common Shares) North American Deferred Share Unit Oehmig, William C. 4 30/09/2013 56 137,201 6,382 Energy Partners Inc. (Common Shares)
October 10, 2013 (2013) 36 OSCB 9940
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed North American Deferred Share Unit Sello, Allen 4 30/09/2013 56 63,034 2,801 Energy Partners Inc. (Common Shares) North American Deferred Share Unit Thornton, Jay 4 30/09/2013 56 22,721 3,214 Energy Partners Inc. (Common Shares) North American Deferred Share Unit TOMSETT, PETER 4 30/09/2013 56 105,270 3,559 Energy Partners Inc. (Common Shares) WILLIAM North American Deferred Share Unit Turner, K. Rick 4 30/09/2013 56 66,895 2,939 Energy Partners Inc. (Common Shares) North American Nickel Common Shares Sentient Executive 3 30/09/2013 54 0.21 54,828,598 18,276,199 Inc. GP IV, Limited (for the general partner of Sentient Global Resources Fund IV, L.P.) North American Nickel Warrants Sentient Executive 3 30/09/2013 54 0.21 0 -18,276,199 Inc. GP IV, Limited (for the general partner of Sentient Global Resources Fund IV, L.P.) North American Options Langille, David 5 01/10/2013 30 1 325,000 75,000 Palladium Ltd. Carlo Northcore Resources Common Shares Garber, Richard 4 17/04/2013 00 Inc. (formerly Big Red James Diamond Corporation) Northcore Resources Common Shares Garber, Richard 4 27/09/2013 16 0.01 500,000 500,000 Inc. (formerly Big Red James Diamond Corporation) Northern Frontier Common Shares Balderston, Monty 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Balderston, Monty 5 27/09/2013 15 3.5 22,500 22,500 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Balderston, Monty 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Balderston, Monty 5 27/09/2013 15 3.5 1,800 1,800 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Balderston, Monty 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Balderston, Monty 5 27/09/2013 15 3.5 4,300 4,300 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Balderston, Monty 5 27/09/2013 15 0 -22,500 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Balderston, Monty 5 27/09/2013 15 0 -1,800 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Balderston, Monty 5 27/09/2013 15 0 -4,300 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Balderston, Monty 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Balderston, Monty 5 27/09/2013 15 11,250 11,250 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Balderston, Monty 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.)
October 10, 2013 (2013) 36 OSCB 9941
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Northern Frontier Warrants Balderston, Monty 5 27/09/2013 15 900 900 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Balderston, Monty 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Balderston, Monty 5 27/09/2013 15 2,150 2,150 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Basnett, Donald 4 27/09/2013 15 3.5 47,633 14,300 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Basnett, Donald 4 27/09/2013 15 0 -14,300 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Basnett, Donald 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Basnett, Donald 4 27/09/2013 15 7,150 7,150 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Coutu, Darin 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Coutu, Darin 4 27/09/2013 36 3.5 7,200 7,200 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Options Coutu, Darin 4 27/09/2013 50 3.5 27,267 20,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Coutu, Darin 4 27/09/2013 36 3.5 0 -7,200 Corp. (formerly for shares & warrants Frontier Acquisition Corp.) Northern Frontier Warrants Coutu, Darin 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Coutu, Darin 4 27/09/2013 36 4 3,600 3,600 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Coutu, Darin 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Coutu, Darin 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Coutu, Darin 4 27/09/2013 15 4 3,600 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Coutu, Darin 4 27/09/2013 36 4 3,600 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Creswell, Bradford 4 27/09/2013 15 3.5 93,000 43,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Creswell, Bradford 4 27/09/2013 15 0 -43,000 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.)
October 10, 2013 (2013) 36 OSCB 9942
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Northern Frontier Warrants Creswell, Bradford 4 20/10/2011 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Creswell, Bradford 4 27/09/2013 15 21,500 21,500 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 27/09/2013 15 100 100 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 27/09/2013 15 3,433 2,300 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 27/09/2013 15 100 100 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 27/09/2013 15 1,400 1,400 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Haynes, Trevor 4 27/09/2013 15 101,467 67,600 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subordinated Debt Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subordinated Debt Haynes, Trevor 4 27/09/2013 11 $1,000,000 $1,000,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Haynes, Trevor 4 27/09/2013 15 0 -200 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Haynes, Trevor 4 27/09/2013 15 0 -4,600 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Haynes, Trevor 4 27/09/2013 15 0 -200 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Haynes, Trevor 4 27/09/2013 15 0 -2,800 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Haynes, Trevor 4 27/09/2013 15 0 -135,200 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 27/09/2013 15 4 100 100 Corp. (formerly Frontier Acquisition Corp.)
October 10, 2013 (2013) 36 OSCB 9943
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Northern Frontier Warrants Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 27/09/2013 15 4 2,300 2,300 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 27/09/2013 15 4 100 100 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 27/09/2013 15 4 1,400 1,400 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Haynes, Trevor 4 27/08/2013 15 4 67,600 67,600 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Hunt, Rob 4 27/09/2013 15 3.5 48,667 30,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Hunt, Rob 4 30/03/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Hunt, Rob 4 27/09/2013 15 3.5 30,000 30,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Hunt, Rob 4 30/03/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Hunt, Rob 4 27/09/2013 15 3.5 3,500 3,500 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Hunt, Rob 4 27/09/2013 15 0 -30,000 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Hunt, Rob 4 27/09/2013 15 0 -30,000 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Hunt, Rob 4 27/09/2013 15 0 -3,500 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Hunt, Rob 4 30/03/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Hunt, Rob 4 27/09/2013 15 15,000 15,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Hunt, Rob 4 30/03/2012 00 Corp. (formerly Frontier Acquisition Corp.)
October 10, 2013 (2013) 36 OSCB 9944
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Northern Frontier Warrants Hunt, Rob 4 27/09/2013 15 15,000 15,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Hunt, Rob 4 30/03/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Hunt, Rob 4 27/09/2013 15 1,750 1,750 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Jacobs, John 4 27/09/2013 15 3.5 93,000 43,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Jacobs, John 4 27/09/2013 15 0 -43,000 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Jacobs, John 4 20/10/2011 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Jacobs, John 4 27/09/2013 15 21,500 21,500 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Peterson, Darrell 4 27/09/2013 36 21,667 5,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Peterson, Darrell 4 27/09/2013 36 0 -5,000 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Peterson, Darrell 4 31/01/2012 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Peterson, Darrell 4 27/09/2013 36 5,000 5,000 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Redmond, Edward 4 27/09/2013 15 3.5 54,833 21,500 Corp. (formerly John Frontier Acquisition Corp.) Northern Frontier Subscription Rights Redmond, Edward 4 27/09/2013 15 0 -21,500 Corp. (formerly For Common Shares John Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Redmond, Edward 4 12/10/2011 00 Corp. (formerly John Frontier Acquisition Corp.) Northern Frontier Warrants Redmond, Edward 4 27/09/2013 15 10,750 10,750 Corp. (formerly John Frontier Acquisition Corp.) Northern Frontier Common Shares Yellowega, Chris 4, 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Common Shares Yellowega, Chris 4, 5 27/09/2013 15 3.5 28,600 28,600 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Subscription Rights Yellowega, Chris 4, 5 12/09/2013 00 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Subscription Rights Yellowega, Chris 4, 5 12/09/2013 15 3.5 28,600 28,600 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.)
October 10, 2013 (2013) 36 OSCB 9945
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Northern Frontier Subscription Rights Yellowega, Chris 4, 5 27/09/2013 15 0 -28,600 Corp. (formerly For Common Shares Frontier Acquisition and Warrants Corp.) Northern Frontier Warrants Yellowega, Chris 4, 5 12/09/2013 00 Corp. (formerly Frontier Acquisition Corp.) Northern Frontier Warrants Yellowega, Chris 4, 5 27/09/2013 15 14,300 14,300 Corp. (formerly Frontier Acquisition Corp.) Northland Power Inc. Deferred Share Units Durfy, Sean Michael 4 30/09/2013 56 14.64 4,210 666 (DSU) Northland Power Inc. Deferred Share Units Harder, Vernon 4 30/09/2013 56 14.64 6,249 948 (DSU) Peter Northland Power Inc. Deferred Share Units Turner, John, 4 30/09/2013 56 14.64 2,057 512 (DSU) Napier NorthWest Healthcare Deferred Units Barkin, Martin 4 30/09/2013 56 11.02 11,470 817 Properties Real Estate Investment Trust NorthWest Healthcare Deferred Units Baron, Robert 4 30/09/2013 56 11.02 19,116 1,361 Properties Real Estate Investment Trust NorthWest Healthcare Deferred Units Crotty, Bernard W. 4 30/09/2013 56 11.02 19,116 1,361 Properties Real Estate Investment Trust NorthWest Healthcare Deferred Units Dalla Lana, Paul 4, 5 30/09/2013 56 11.02 14,357 1,361 Properties Real Estate Investment Trust NorthWest Healthcare Deferred Units KNOWLTON, 4 30/09/2013 56 11.02 11,564 1,361 Properties Real Estate JOHN MICHAEL Investment Trust ARTHUR NorthWest Healthcare Deferred Units Krizan, Jan 4 30/09/2013 56 11.02 8,614 817 Properties Real Estate Investment Trust Oceanus Resources Common Shares Gordon, Richard 4, 5 01/10/2013 10 0.25 1,407,307 2,000 Corporation Basil Oil Sands Sector Fund Trust Units Oil Sands Sector 1 29/08/2013 38 5.63 500 500 Fund Oil Sands Sector Fund Trust Units Oil Sands Sector 1 29/08/2013 38 5.63 0 -500 Fund Olivut Resources Ltd. Common Shares Keough, Leni Edna 4, 5 01/10/2013 11 0.19 296,031 10,000 Florence ONEX Rights Deferred Casey, Daniel C. 4 30/09/2013 56 54.1 70,775 297 CORPORATION Share Units (cash settled) ONEX Rights Deferred Etherington, William 4 30/09/2013 56 54.1 44,485 297 CORPORATION Share Units (cash settled) ONEX Rights Deferred Godsoe, Peter 4 30/09/2013 56 54.1 72,162 311 CORPORATION Share Units (cash Cowperthwaite settled) ONEX Rights Deferred Gouin, Serge 4 30/09/2013 56 54.1 72,462 311 CORPORATION Share Units (cash settled) ONEX Options Le Blanc, Robert 7 03/10/2013 38 18.18 305,000 -300,000 CORPORATION Michael ONEX Rights Deferred McCoy, John 4 30/09/2013 56 54.1 63,976 347 CORPORATION Share Units (cash Bonnet settled) ONEX Options Mersky, Seth 5 30/09/2013 38 18.18 285,000 -175,000 CORPORATION Mitchell ONEX Subordinate Voting Onex Corporation 1 19/09/2013 38 52.786 11,700 11,700 CORPORATION Shares ONEX Subordinate Voting Onex Corporation 1 19/09/2013 38 0 -11,700 CORPORATION Shares ONEX Subordinate Voting Onex Corporation 1 20/09/2013 38 52.685 200 200 CORPORATION Shares ONEX Subordinate Voting Onex Corporation 1 20/09/2013 38 0 -200 CORPORATION Shares ONEX Subordinate Voting Onex Corporation 1 23/09/2013 38 53.7 250,000 250,000 CORPORATION Shares ONEX Subordinate Voting Onex Corporation 1 23/09/2013 38 0 -250,000 CORPORATION Shares
October 10, 2013 (2013) 36 OSCB 9946
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed ONEX Rights Deferred Prichard, John 4 30/09/2013 56 54.1 66,876 311 CORPORATION Share Units (cash Robert Stobo settled) ONEX Rights Deferred Reisman, Heather 4 30/09/2013 56 54.1 59,527 238 CORPORATION Share Units (cash M. settled) ONEX Rights Deferred Thorsteinson, Arni 4 30/09/2013 56 54.1 89,215 589 CORPORATION Share Units (cash Clayton settled) Opmedic Group Inc. Common Shares Basile, Hani 4 30/09/2013 51 32,582 1,182 Opmedic Group Inc. Options Basile, Hani 4 30/09/2013 51 2.86 0 -9,920 Opmedic Group Inc. Common Shares Landreville, 4 30/09/2013 51 17,365 2,365 Jacques Opmedic Group Inc. Options Landreville, 4 30/09/2013 51 2.86 0 -19,841 Jacques Opmedic Group Inc. Common Shares Larivée, Jean 4 17/03/2006 00 Opmedic Group Inc. Common Shares Larivée, Jean 4 30/09/2013 51 1,182 1,182 Opmedic Group Inc. Options Larivée, Jean 4 30/09/2013 51 2.86 0 -9,920 Opmedic Group Inc. Common Shares Lemieux, Jacques 5 01/10/2013 51 1,166 1,166 Opmedic Group Inc. Options Lemieux, Jacques 5 01/10/2013 51 2.86 0 -9,920 OREX MINERALS Common Shares Cope, Gary Gordon 5 01/10/2013 10 0.25 2,516,700 6,500 INC. OREX MINERALS Common Shares Cope, Gary Gordon 5 02/10/2013 10 0.25 2,533,200 16,500 INC. Organic Potash Common Shares Schwarz, Jayson 4 30/09/2013 16 0.1 1,355,000 125,000 Corporation Brian Organic Potash Warrants Schwarz, Jayson 4 27/10/2011 00 Corporation Brian Organic Potash Warrants Schwarz, Jayson 4 30/09/2013 16 62,500 62,500 Corporation Brian Organic Potash Common Shares Welner, Heather 5 30/09/2013 16 0.1 1,405,000 125,000 Corporation Ann Organic Potash Warrants Welner, Heather 5 15/08/2011 00 Corporation Ann Organic Potash Warrants Welner, Heather 5 30/09/2013 16 62,500 62,500 Corporation Ann Oromin Explorations Common Shares Teranga Gold 3 04/10/2013 22 137,368,218 37,592,317 Ltd. Corporation Pacific & Western Common Shares Litton, Colin Edward 4 02/10/2013 10 6.85 1,600 100 Bank of Canada Pacific & Western Common Shares Litton, Colin Edward 4 02/10/2013 10 6.9 3,000 1,400 Bank of Canada Pacific & Western Common Shares Oliver, Paul G. 4, 6 30/09/2013 10 6.7 4,400 400 Bank of Canada Pacific & Western Common Shares Ritchie, Charles 4 30/09/2013 10 6.7 4,500 1,500 Bank of Canada Scott Pacific & Western Common Shares TAYLOR, DAVID 4, 6, 01/10/2013 10 6.9 15,000 3,000 Bank of Canada ROY 7, 5 Painted Pony Common Shares Axford, Mary Kay 5 01/10/2013 30 8 59,188 374 Petroleum Ltd. Painted Pony Common Shares Hall, Bruce 5 01/10/2013 30 8 29,789 452 Petroleum Ltd. Painted Pony Common Shares Hanbury, Edwin 5 01/10/2013 30 8 29,294 517 Petroleum Ltd. Stewart Painted Pony Common Shares McNamara, Leo 5 01/10/2013 30 8 69,547 469 Petroleum Ltd. Barry Painted Pony Common Shares REIMER, JAMES 5 01/10/2013 30 8 26,192 482 Petroleum Ltd. D. Painted Pony Common Shares Ward, Patrick 4, 5 01/10/2013 30 8 975,345 729 Petroleum Ltd. Russell Paladin Energy Ltd. Rights Rights granted Borshoff, John 4 04/10/2013 58 - 250,000 -250,000 05/11/2010 @ $3.62 Expiration of rights Paladin Labs Inc. Common Shares Larose, Patrice 5 15/09/2013 10 61.05 133 8 Paladin Labs Inc. Common Shares Larose, Patrice 5 15/09/2013 10 60.25 137 4 Palliser Oil & Gas DSU (cash-based Crowther, Kenneth 4 01/10/2013 56 158,547 11,652 Corporation only) Palliser Oil & Gas DSU (cash-based Fridhandler, Daryl 4 01/10/2013 10 16,949 Corporation only) Steven Palliser Oil & Gas DSU (cash-based Fridhandler, Daryl 4 01/10/2013 56 225,063 16,949 Corporation only) Steven
October 10, 2013 (2013) 36 OSCB 9947
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Palliser Oil & Gas DSU (cash-based Hayden, Stephen 4 01/10/2013 56 158,578 11,652 Corporation only) Cyril Palliser Oil & Gas DSU (cash-based Saponja, Jeffrey 4 01/10/2013 56 118,350 11,652 Corporation only) Charles Pangolin Diamonds Common Shares Fenton, Thomas, 4 15/03/2013 00 Corp. (formerly Key Armstrong Gold Holding Inc.) Pangolin Diamonds Common Shares Fenton, Thomas, 4 15/03/2013 00 50,000 Corp. (formerly Key Armstrong Gold Holding Inc.) Parallel Energy Trust Trust Units Philip, Scherman 4 15/04/2013 00 Parallel Energy Trust Trust Units Philip, Scherman 4 25/09/2013 10 4.025 12,200 12,200 Parallel Energy Trust Trust Units Philip, Scherman 4 25/09/2013 10 4.03 12,500 300 Paramount Resources Common Shares Claugus, Thomas 4 01/10/2013 10 34.39 131,100 -900 Ltd. Class A Eugene Paramount Resources Common Shares Claugus, Thomas 4 01/10/2013 10 34.39 1,042,100 -7,200 Ltd. Class A Eugene Paramount Resources Common Shares Claugus, Thomas 4 01/10/2013 10 34.39 1,217,100 -8,300 Ltd. Class A Eugene Paramount Resources Common Shares Claugus, Thomas 4 01/10/2013 10 34.39 2,915,100 -20,000 Ltd. Class A Eugene Paramount Resources Common Shares Claugus, Thomas 4 01/10/2013 10 34.39 217,200 -1,500 Ltd. Class A Eugene Paramount Resources Common Shares McMillan, Geoffrey 5 01/10/2013 51 7.34 16,920 5,000 Ltd. Class A W. P. Paramount Resources Common Shares McMillan, Geoffrey 5 01/10/2013 10 36 14,420 -2,500 Ltd. Class A W. P. Paramount Resources Common Shares McMillan, Geoffrey 5 01/10/2013 10 36.4 11,920 -2,500 Ltd. Class A W. P. Paramount Resources Options McMillan, Geoffrey 5 01/10/2013 51 7.34 102,000 -5,000 Ltd. W. P. Parex Resources Inc. Common Shares Disbrow, Robert 3 27/09/2013 10 6.231 3,054,500 -10,500 Parex Resources Inc. Common Shares Disbrow, Robert 3 30/09/2013 10 5.8 3,072,200 17,700 Parex Resources Inc. Common Shares Disbrow, Robert 3 01/10/2013 10 5.8 3,075,000 2,800 Parex Resources Inc. Common Shares Peneycad, W. 4 30/09/2013 51 3.04 152,637 2,600 Alfred Parex Resources Inc. Common Shares Peneycad, W. 4 30/09/2013 10 6.1 150,037 -2,600 Alfred Parex Resources Inc. Options Peneycad, W. 4 30/09/2013 51 3.04 57,400 -2,600 Alfred Parkit Enterprise Inc. Common Shares Baxter, Richard 4 01/10/2013 16 0.25 3,833,000 400,000 Parkit Enterprise Inc. Warrants Baxter, Richard 4 01/10/2013 16 0.25 900,000 200,000 Parkit Enterprise Inc. Common Shares Bernard, Shoni Lee 5 24/09/2013 16 0.25 48,600 40,000 Parkit Enterprise Inc. Common Shares Bernard, Shoni Lee 5 01/10/2013 10 0.28 43,600 -5,000 Parkit Enterprise Inc. Common Shares LaGourgue, John 4 27/07/2012 00 Parkit Enterprise Inc. Common Shares LaGourgue, John 4 27/09/2013 16 0.25 20,000 20,000 Parkit Enterprise Inc. Common Shares LaGourgue, John 4 02/10/2013 16 0.25 1,842,500 300,000 Parkit Enterprise Inc. Common Shares LaGourgue, John 4 26/09/2013 10 0.3 1,055,500 2,500 Parkit Enterprise Inc. Warrants LaGourgue, John 4 27/07/2012 00 Parkit Enterprise Inc. Warrants LaGourgue, John 4 27/09/2013 16 0.25 10,000 10,000 Parkit Enterprise Inc. Warrants LaGourgue, John 4 27/07/2012 00 Parkit Enterprise Inc. Warrants LaGourgue, John 4 02/10/2013 15 0.25 150,000 150,000 Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 25/09/2013 10 0.325 14,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 25/09/2013 10 0.325 13,639,122 14,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 25/09/2013 10 0.325 13,673,122 14,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 25/09/2013 10 0.33 13,643,122 -30,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 30/09/2013 10 0.32 13,648,622 500 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 30/09/2013 10 0.325 13,649,122 500 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 30/09/2013 10 0.325 13,650,122 1,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 30/09/2013 10 0.33 13,650,622 500 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 01/10/2013 10 0.295 13,635,622 -15,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 01/10/2013 10 0.28 13,640,622 5,000 Nixon Parkit Enterprise Inc. Common Shares Scharfe, Bradley 3, 4 02/10/2013 10 0.29 13,568,822 -71,800 Nixon
October 10, 2013 (2013) 36 OSCB 9948
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Parkland Fuel Common Shares Cruickshank, 5 27/09/2013 30 18.11 1,020 118 Corporation Andrew Stuart Parkland Fuel Common Shares Espey, Robert 5 27/09/2013 30 18.11 68,496 248 Corporation Berthold Parkland Fuel Common Shares Fink, Bob 5 27/09/2013 30 18.11 5,633 130 Corporation Parkland Fuel Common Shares Kilty, Colin Peter 5 27/09/2013 30 18.11 2,971 155 Corporation Parkland Fuel Common Shares Lambert, Michael 5 27/09/2013 30 18.11 6,043 193 Corporation Robert Parkland Fuel Common Shares McMillan, Michael 5 27/09/2013 30 18.11 999 116 Corporation Stanley Howie Parkland Fuel Common Shares Rawji, Irfhan 5 27/09/2013 30 18.11 1,056 166 Corporation Abdulaziz Parkland Fuel Deferred Share Unit ROGERS, Ronald 4 30/09/2013 30 17.82 20,015 631 Corporation Plan D. Parkland Fuel Common Shares Rouse, William 5 27/09/2013 30 18.11 2,648 114 Corporation James Parkland Fuel Common Shares Savage, Jane 5 27/09/2013 30 18.11 5,056 130 Corporation Elizabeth Parkland Fuel Common Shares Strating, Donna 5 27/09/2013 30 18.11 4,803 141 Corporation Jeanne Parkland Fuel Common Shares Willms, Allan 5 27/09/2013 30 18.11 3,166 121 Corporation Partners Real Estate Units Bullock, James 4 30/09/2013 11 6.67 1,642 1,274 Investment Trust Ross Partners Real Estate Units Senst, Graham 4 30/09/2013 11 6.67 1,642 1,274 Investment Trust David Pason Systems Inc. DSU Brooks, Gilbert 4 30/09/2013 50 12,746 1,500 Allen Pason Systems Inc. DSU Brooks, Gilbert 4 01/10/2013 50 12,812 66 Allen Pason Systems Inc. DSU Cobbe, Murray 4 01/10/2013 56 8,284 48 Lynn Pason Systems Inc. DSU Collins, T Jay 4 30/09/2013 50 9,942 1,500 Pason Systems Inc. DSU Collins, T Jay 4 30/09/2013 50 10,492 550 Pason Systems Inc. DSU Collins, T Jay 4 01/10/2013 50 10,542 50 Pason Systems Inc. DSU Fink, Franz Josef 4 30/09/2013 50 12,474 1,500 Pason Systems Inc. DSU Fink, Franz Josef 4 30/09/2013 50 12,958 484 Pason Systems Inc. DSU Fink, Franz Josef 4 01/10/2013 50 13,023 65 Pason Systems Inc. DSU Hill, James Douglas 3, 4, 30/09/2013 50 7,764 1,500 5 Pason Systems Inc. DSU Hill, James Douglas 3, 4, 30/09/2013 50 9,074 1,310 5 Pason Systems Inc. DSU Hill, James Douglas 3, 4, 01/10/2013 50 9,111 37 5 Pathfinder Convertible Trust Units Pathfinder 1 20/09/2013 38 10.5 5,158,274 800 Debenture Fund Convertible Debenture Fund Pathfinder Convertible Trust Units Pathfinder 1 23/09/2013 38 10.5 5,158,874 600 Debenture Fund Convertible Debenture Fund Pathfinder Convertible Trust Units Pathfinder 1 25/09/2013 38 10.5 5,159,674 800 Debenture Fund Convertible Debenture Fund Pathfinder Convertible Trust Units Pathfinder 1 30/09/2013 38 10.5 5,162,774 3,100 Debenture Fund Convertible Debenture Fund Pearl River Holdings Common Shares Lunick, George 4, 5 04/10/2013 10 0.08 1,077,793 50,000 Limited Pearl River Holdings Common Shares Lunick, George 4, 5 04/10/2013 10 0.08 1,152,793 75,000 Limited Pearl River Holdings Common Shares Lunick, George 4, 5 04/10/2013 10 0.08 238,500 -50,000 Limited Pearl River Holdings Common Shares Lunick, George 4, 5 04/10/2013 10 0.08 163,500 -75,000 Limited Pele Mountain Common Shares Cooper, Richard 4 02/10/2013 16 0.05 1,275,000 1,000,000 Resources Inc. Michael Pele Mountain Options Cooper, Richard 4 04/10/2013 50 1,450,000 500,000 Resources Inc. Michael Pele Mountain Warrants Cooper, Richard 4 02/10/2013 16 1,000,000 1,000,000 Resources Inc. Michael Pembina Pipeline Preferred Shares Billing, Grant 4 02/10/2013 15 25 120,000 40,000 Corporation Donald
October 10, 2013 (2013) 36 OSCB 9949
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Pembina Pipeline Preferred Shares Billing, Grant 4 02/10/2013 15 25 160,000 40,000 Corporation Donald Pembina Pipeline Common Shares Michaleski, Robert 4 04/10/2013 10 33.39 2,350 -550 Corporation B. Peruvian Precious Common Shares Maher, Brian 5 30/09/2013 10 0.14 196,667 10,000 Metals Corp. Peruvian Precious Common Shares Maher, Brian 5 30/09/2013 10 0.12 208,667 12,000 Metals Corp. Peruvian Precious Options Maher, Brian 5 03/10/2013 50 0.15 1,700,000 500,000 Metals Corp. Peruvian Precious Options Wood, Antony 5 30/09/2013 50 0.15 1,300,000 500,000 Metals Corp. Petrolympic Ltd. Common Shares Ekstein, Brocha 3 25/09/2013 10 0.062 14,698,807 6,000 Petrolympic Ltd. Common Shares Ekstein, Brocha 3 26/09/2013 10 0.061 14,707,807 9,000 Petrolympic Ltd. Common Shares Ekstein, Brocha 3 30/09/2013 10 0.061 14,716,807 9,000 Peyto Exploration & Common Shares MacBean, Micheal 4 02/10/2013 10 30.11 80,000 -15,000 Development Corp. Phoscan Chemical Options Giegerich, Henry 4 04/10/2013 38 125,000 -375,000 Corp. Maynard Phoscan Chemical Options Magnuson, Glen 4 04/10/2013 38 125,000 -375,000 Corp. Chester Phoscan Chemical Common Shares PhosCan Chemical 1 11/09/2013 38 0.27 86,136 19,784 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 12/09/2013 38 0.27 105,920 19,784 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 13/09/2013 38 0.27 125,068 85,500 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 16/09/2013 38 0.2766 1,994,068 1,869,000 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 17/09/2013 38 0.2791 2,022,352 28,284 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 18/09/2013 38 0.2764 2,094,136 71,784 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 19/09/2013 38 0.28 2,219,136 125,000 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 20/09/2013 38 0.2802 2,622,920 403,784 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 23/09/2013 38 0.28 2,643,920 21,000 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 25/09/2013 38 0.285 2,644,420 500 Corp. Corp. Phoscan Chemical Common Shares PhosCan Chemical 1 30/09/2013 38 0 -2,644,420 Corp. Corp. Photon Control Inc. Options Breault, Robert Paul 4 30/09/2013 50 0.15 1,057,500 400,000 Photon Control Inc. Options Dueck, David C 4 30/09/2013 50 0.15 1,200,000 500,000 Photon Control Inc. Options Helena, Rebec 4 30/09/2013 50 0.15 1,220,000 400,000 Photon Control Inc. Options Litner, Joseph 4 30/09/2013 50 0.15 1,125,000 400,000 Samuel Photon Control Inc. Common Shares Photon Control Inc. 1 08/05/2013 00 Photon Control Inc. Common Shares Photon Control Inc. 1 17/09/2013 38 0.155 62,000 62,000 Photon Control Inc. Common Shares Photon Control Inc. 1 18/09/2013 38 0.145 100,000 38,000 Photon Control Inc. Common Shares Photon Control Inc. 1 27/09/2013 38 38,000 -62,000 Photon Control Inc. Common Shares Photon Control Inc. 1 27/09/2013 38 0 -38,000 Photon Control Inc. Options Poznanski, Bernard 5 30/09/2013 50 455,000 150,000 Photon Control Inc. Options Weston, 4 30/09/2013 50 0.15 2,000,000 700,000 Christopher PHX Energy Services Retention Awards Athaide, Judith 4 30/09/2013 56 10.83 27,886 554 Corp. (Cash-based Only) PHX Energy Services Retention Awards Athaide, Judith 4 30/09/2013 57 10.76 27,634 -252 Corp. (Cash-based Only) PHX Energy Services Retention Awards Bailey, James 4 30/09/2013 56 10.83 12,968 415 Corp. (Cash-based Only) Cameron PHX Energy Services Retention Awards Bailey, James 4 30/09/2013 57 10.76 -252 Corp. (Cash-based Only) Cameron PHX Energy Services Retention Awards Bailey, James 4 30/09/2013 57 10.76 12,716 -252 Corp. (Cash-based Only) Cameron PHX Energy Services Retention Awards Hibbard, Lawrence 4 30/09/2013 56 10.83 22,036 554 Corp. (Cash-based Only) M. PHX Energy Services Retention Awards Hooks, John 5 30/09/2013 56 10.83 79,773 554 Corp. (Cash-based Only) Michael PHX Energy Services Retention Awards Tetreault, Myron 4 30/09/2013 56 10.83 34,452 415 Corp. (Cash-based Only) Arthur PHX Energy Services Retention Awards Tetreault, Myron 4 30/09/2013 57 10.76 33,949 -503 Corp. (Cash-based Only) Arthur
October 10, 2013 (2013) 36 OSCB 9950
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed PHX Energy Services Retention Awards Tetreault, Myron 4 30/09/2013 56 10.83 415 Corp. (Cash-based Only) Arthur PHX Energy Services Retention Awards Tetreault, Myron 4 30/09/2013 56 10.83 415 Corp. (Cash-based Only) Arthur PHX Energy Services Retention Awards Tetreault, Myron 4 30/09/2013 57 10.76 -252 Corp. (Cash-based Only) Arthur PHX Energy Services Retention Awards Tetreault, Myron 4 30/09/2013 57 10.76 -252 Corp. (Cash-based Only) Arthur PHX Energy Services Retention Awards Thomas, Roger 4 30/09/2013 56 10.83 13,497 311 Corp. (Cash-based Only) Dale Pilot Gold Inc. Common Shares Lennox-King, 4, 5 01/10/2013 10 0.9922 213,184 5,000 Matthew Oliver Pinecrest Energy Inc. Common Shares Becker, Leonard 4, 5 02/10/2013 10 0.51 45,000 Wade Pinecrest Energy Inc. Common Shares Becker, Leonard 4, 5 02/10/2013 10 0.51 249,000 65,000 Wade Pinecrest Energy Inc. Common Shares Becker, Leonard 4, 5 03/10/2013 10 0.51 294,000 45,000 Wade Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 17/05/2011 10 1000 $1,000 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 17/05/2011 10 $1,000,000 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 17/05/2011 10 100 $10,000 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 17/05/2011 11 100 $10,000 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 17/05/2011 11 1000 $1,000 $1,000 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 29/03/2012 10 0.823 -$825,000 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 29/03/2012 10 82.304 -$8,250 Debentures Pinetree Capital Ltd. Convertible Inwentash, Sheldon 4, 5 29/03/2012 10 823.04 $175 -$825 Debentures Pivotal Therapeutics Common Shares Crossover 3 15/08/2013 16 0.22 444,859 Inc. Healthcare Fund Pivotal Therapeutics Common Shares Crossover 3 15/08/2013 16 0.22 444,859 Inc. Healthcare Fund Pivotal Therapeutics Common Shares Crossover 3 15/08/2013 16 0.22 11,974,450 444,859 Inc. Healthcare Fund Pivotal Therapeutics Warrants Crossover 3 15/08/2013 16 222,430 Inc. Healthcare Fund Pivotal Therapeutics Warrants Crossover 3 15/08/2013 16 222,430 Inc. Healthcare Fund Pivotal Therapeutics Warrants Crossover 3 15/08/2013 16 5,754,979 222,430 Inc. Healthcare Fund Platinex Inc. Common Shares TRUSLER, JAMES 3, 4, 30/09/2013 11 0.02 5,136,293 300,000 RICHARD 5 Plazacorp Retail Common Shares Brewer, Earl 3, 4, 09/06/2003 00 Properties Ltd. 5 Plazacorp Retail Common Shares Brewer, Earl 3, 4, 29/09/2013 97 115,333 115,333 Properties Ltd. 5 Plazacorp Retail Convertible Brewer, Earl 3, 4, 09/06/2003 00 Properties Ltd. Debentures 7.5%, 5 Series # 6 Plazacorp Retail Convertible Brewer, Earl 3, 4, 29/09/2013 97 $148,000 $148,000 Properties Ltd. Debentures 7.5%, 5 Series # 6 Points International Common Shares Barnard, 5 30/09/2013 10 23.25 179,483 -500 Ltd. Christopher Points International Common Shares Barnard, 5 30/09/2013 10 23 177,483 -2,000 Ltd. Christopher Points International Common Shares Barnard, 5 30/09/2013 10 23.5 176,483 -1,000 Ltd. Christopher Points International Common Shares Carty, Douglas 4 30/09/2013 10 23.18 45,310 -3,080 Ltd. Portex Minerals Inc. Common Shares Chodos, Peter F. 4, 5 02/10/2013 10 0.05 1,153,334 25,000 Potash Corporation of Rights Deferred Burley, Christopher 4 02/08/2013 56 30.04 6,139 68 Saskatchewan Inc. Share Units Michael Potash Corporation of Rights Deferred Burley, Christopher 4 30/09/2013 56 32.21 6,563 424 Saskatchewan Inc. Share Units Michael Potash Corporation of Rights Deferred CHYNOWETH, 4 02/08/2013 56 30.04 2,717 30 Saskatchewan Inc. Share Units Donald Potash Corporation of Rights Deferred CHYNOWETH, 4 30/09/2013 56 32.21 3,565 848 Saskatchewan Inc. Share Units Donald
October 10, 2013 (2013) 36 OSCB 9951
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Potash Corporation of Rights Deferred Estey, John W. 4 02/08/2013 56 28.91 75,724 906 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Estey, John W. 4 30/09/2013 56 31.28 76,623 899 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Grandey, Gerald 4 02/08/2013 56 30.04 8,317 92 Saskatchewan Inc. Share Units Wayne Potash Corporation of Rights Deferred Grandey, Gerald 4 30/09/2013 56 32.21 10,013 1,696 Saskatchewan Inc. Share Units Wayne Potash Corporation of Rights Deferred Hoffman, C. Steven 4 02/08/2013 56 28.91 22,052 264 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Hoffman, C. Steven 4 30/09/2013 56 31.28 23,810 1,758 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Howe, Dallas J. 4 02/08/2013 56 30.04 115,145 1,277 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Laberge, Alice D. 4 02/08/2013 56 30.04 57,207 634 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Laberge, Alice D. 4 30/09/2013 56 32.21 57,843 636 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Martell, Keith 4 02/08/2013 56 30.04 20,458 227 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred Martell, Keith 4 30/09/2013 56 32.21 20,882 424 Saskatchewan Inc. Share Units Potash Corporation of Rights Deferred McCaig, Jeffrey 4 02/08/2013 56 30.04 100,400 1,113 Saskatchewan Inc. Share Units James Potash Corporation of Rights Deferred McCaig, Jeffrey 4 30/09/2013 56 32.21 102,096 1,696 Saskatchewan Inc. Share Units James Potash Corporation of Rights Deferred Mogford, Mary 4 02/08/2013 56 30.04 86,262 956 Saskatchewan Inc. Share Units Potash Corporation of Common Shares Potash Corporation 1 16/09/2013 38 33.074 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 16/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 17/09/2013 38 32.466 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 17/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 18/09/2013 38 32.452 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 18/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 19/09/2013 38 32.036 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 19/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 20/09/2013 38 32.284 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 20/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 23/09/2013 38 32.162 15,900 15,900 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 23/09/2013 38 0 -15,900 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 23/09/2013 38 32.198 209,100 209,100 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 23/09/2013 38 0 -209,100 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 24/09/2013 38 31.763 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 24/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc.
October 10, 2013 (2013) 36 OSCB 9952
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Potash Corporation of Common Shares Potash Corporation 1 25/09/2013 38 31.657 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 25/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 26/09/2013 38 31.546 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 26/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 27/09/2013 38 31.633 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 27/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 30/09/2013 38 31.416 225,000 225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Common Shares Potash Corporation 1 30/09/2013 38 0 -225,000 Saskatchewan Inc. of Saskatchewan Inc. Potash Corporation of Rights Deferred Viyella de Paliza, 4 02/08/2013 56 28.91 46,495 556 Saskatchewan Inc. Share Units Elena Power Corporation of Deferred Share Units Beaudoin, Pierre 4 30/09/2013 56 29.158 35,370 1,307 Canada Power Corporation of Deferred Share Units Coutu, Marcel R. 4 30/09/2013 56 29.166 13,314 1,251 Canada Power Corporation of Deferred Share Units Desmarais, André 4, 5 30/09/2013 56 29.153 58,838 1,581 Canada Power Corporation of Deferred Share Units Desmarais, Paul G. 3, 4 30/09/2013 56 29.148 41,171 830 Canada Power Corporation of Deferred Share Units Desmarais, Paul Jr. 4, 5 30/09/2013 56 29.154 40,566 1,155 Canada Power Corporation of Deferred Share Units Graham, Anthony 4 30/09/2013 56 29.157 44,378 1,540 Canada R. Power Corporation of Deferred Share Units Gratton, Robert 4, 5 30/09/2013 56 29.152 27,781 698 Canada Power Corporation of Deferred Share Units Jackson, John 4 30/09/2013 56 29.17 1,163 572 Canada David Allan Power Corporation of Deferred Share Units Marcoux, Isabelle 4 30/09/2013 56 29.164 17,427 1,173 Canada Power Corporation of Deferred Share Units McFeetors, 7 30/09/2013 35 29.124 21,131 208 Canada Raymond Lindsay Power Corporation of Deferred Share Units Orr, Robert Jeffrey 4 30/09/2013 56 29.157 36,286 1,275 Canada Power Corporation of Deferred Share Units Plessis-Bélair, 5 30/09/2013 56 29.124 23,732 234 Canada Michel Power Corporation of Equity Forward Power Corporation 1 30/09/2013 70 29.12 26 1 Canada Contract of Canada Power Corporation of Equity Swap - Long Power Corporation 1 30/09/2013 70 29.41 2 1 Canada Position PCC1 of Canada Power Corporation of Deferred Share Units Rae, John Alain 5 30/09/2013 56 29.124 21,635 213 Canada Power Corporation of Deferred Share Units Rousseau, Henri- 5 30/09/2013 56 29.124 6,931 69 Canada Paul Power Corporation of Deferred Share Units Szathmary, Emoke 4 30/09/2013 56 29.151 31,317 733 Canada Jolan Erzsebet Power Financial Deferred Share Units Bibeau, Marc A. 4 30/09/2013 56 32.338 22,038 1,158 Corporation Power Financial Deferred Share Units Desmarais, André 4, 5 30/09/2013 56 32.403 56,527 1,491 Corporation Power Financial Deferred Share Units Desmarais, Paul G. 3, 4 30/09/2013 56 32.394 21,210 604 Corporation Power Financial Deferred Share Units Desmarais, Paul Jr. 4, 6, 30/09/2013 56 32.392 38,745 1,124 Corporation 5 Power Financial Deferred Share Units Frère, Gérald 4 30/09/2013 56 32.439 37,084 773 Corporation Power Financial Deferred Share Units Graham, Anthony 4 30/09/2013 56 32.38 36,903 1,188 Corporation R.
October 10, 2013 (2013) 36 OSCB 9953
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Power Financial Deferred Share Units Gratton, Robert 4 30/09/2013 56 32.416 27,990 676 Corporation Power Financial Deferred Share Units Harder, Vernon 4 30/09/2013 56 32.338 24,411 1,289 Corporation Peter Power Financial Deferred Share Units Jackson, John 4 30/09/2013 56 32.28 926 449 Corporation David Allan Power Financial Deferred Share Units McFeetors, 7 30/09/2013 35 32.598 19,685 209 Corporation Raymond Lindsay Power Financial Deferred Share Units Orr, Robert Jeffrey 4, 6, 30/09/2013 56 32.373 35,824 1,235 Corporation 7, 5 Power Financial Deferred Share Units Plessis-Bélair, 5 30/09/2013 56 32.598 23,242 247 Corporation Michel Power Financial Equity Forward POWER 1 01/10/2013 70 32.28 32 1 Corporation Contract FINANCIAL CORPORATION Power Financial Deferred Share Units Rousseau, Henri- 5 30/09/2013 56 32.598 6,461 69 Corporation Paul Power Financial Deferred Share Units roy, louise 4 30/09/2013 56 32.326 15,108 978 Corporation Power Financial Deferred Share Units Royer, Raymond 4 30/09/2013 56 32.4 82,030 2,226 Corporation Power Financial Deferred Share Units Szathmary, Emoke 4 30/09/2013 56 32.41 26,123 656 Corporation Jolan Erzsebet Precision Drilling Deferred Share Units Donovan, William T. 4 30/09/2013 56 16,796 2,178 Corporation - effective January 1, 2012 Precision Drilling Deferred Share Units Hagerman, Allen R. 4 30/09/2013 56 37,211 4,513 Corporation - effective January 1, 2012 Precision Drilling Deferred Share Units Hughes, Catherine 4 30/09/2013 56 6,962 4,380 Corporation - effective January 1, Jeanne 2012 Precision Drilling Deferred Share Units Letwin, Stephen 4 30/09/2013 56 19,667 3,043 Corporation - effective January 1, Joseph James 2012 Precision Drilling Deferred Share Units Meyers, Kevin 4 30/09/2013 56 19,332 2,178 Corporation - effective January 1, Omar 2012 Precision Drilling Deferred Share Units Murray, Patrick M. 4 30/09/2013 56 18,407 2,178 Corporation - effective January 1, 2012 Precision Drilling Deferred Share Units Phillips, Robert L. 4 30/09/2013 56 16,796 2,178 Corporation - effective January 1, 2012 Premier Diagnostic Common Shares Robertson, Donna 7 27/09/2013 11 0.02 1,247,766 229,766 Health Services Inc. Lee Premier Diagnostic Common Shares Robertson, Donna 7 27/09/2013 36 0.07 1,377,246 129,480 Health Services Inc. Lee Premier Diagnostic Common Shares ROBERTSON, IAN 4 27/03/2013 00 Health Services Inc. D. Premier Diagnostic Common Shares ROBERTSON, IAN 4 14/08/2013 46 0.05 1,000,000 1,000,000 Health Services Inc. D. Premier Diagnostic Common Shares ROBERTSON, IAN 4 30/08/2013 10 0.065 1,008,000 8,000 Health Services Inc. D. Premier Diagnostic Common Shares ROBERTSON, IAN 4 05/09/2013 10 0.07 1,018,000 10,000 Health Services Inc. D. Premier Diagnostic Common Shares ROBERTSON, IAN 4 27/09/2013 11 0.02 1,247,766 229,766 Health Services Inc. D. Premier Diagnostic Common Shares ROBERTSON, IAN 4 27/09/2013 36 0.07 1,377,246 129,480 Health Services Inc. D. Premier Diagnostic Options ROBERTSON, IAN 4 27/03/2013 00 Health Services Inc. D. Premier Diagnostic Options ROBERTSON, IAN 4 10/05/2013 50 0.05 550,000 550,000 Health Services Inc. D. Premier Diagnostic Common Shares Ross, Greenwood 4 27/09/2013 11 419,669 128,669 Health Services Inc. Premier Diagnostic Common Shares Ross, Greenwood 4 27/09/2013 36 492,177 72,508 Health Services Inc. Premier Diagnostic Common Shares Smith, John Gordon 4, 5 27/09/2013 11 26000 162,185 -919,065 Health Services Inc. Premier Gold Mines Common Shares Downie, Ewan 4 04/10/2013 10 1.989 3,188,801 20,000 Limited Stewart
October 10, 2013 (2013) 36 OSCB 9954
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Premium Brands Common Shares BELIVEAU, JOHN 7 01/10/2013 47 19.3 35,984 -1,258 Holdings Corporation STEPHEN Primary Energy Rights Common Greene, Brian 4 30/09/2013 56 12,589 2,874 Recycling Corporation shares related to Directors Deferred Share Unit plan Primary Energy Rights Common Lavigne, A. Michel 4, 5 30/09/2013 56 30,560 1,703 Recycling Corporation shares related to Directors Deferred Share Unit plan Primary Energy Rights Common Pether, Donald 4 30/09/2013 56 49,866 2,714 Recycling Corporation shares related to Allison Directors Deferred Share Unit plan Primary Energy Rights Common Waisberg, Lorie 4 30/09/2013 56 25,922 1,064 Recycling Corporation shares related to Directors Deferred Share Unit plan Primary Petroleum Common Shares Marrandino, 4, 5 04/10/2013 10 0.075 3,623,423 100,000 Corporation Michele Progressive Waste Common Shares White, William 4 22/07/2013 00 Solutions Ltd.(formerly IESI-BFC Ltd.) Progressive Waste Common Shares White, William 4 26/09/2013 10 26.8 558 Solutions Ltd.(formerly IESI-BFC Ltd.) Progressive Waste Common Shares White, William 4 26/09/2013 10 26.8 558 558 Solutions Ltd.(formerly IESI-BFC Ltd.) ProMetic Life Common Shares Moran, John 4 02/10/2013 10 0.77 64,971 6,400 Sciences Inc. Edward Prophecy Coal Corp. Common Shares Lee, John 4, 5 30/09/2013 10 0.075 9,230,170 100,000 without par value Prophecy Coal Corp. Common Shares Lee, John 4, 5 30/09/2013 10 0.075 -113,000 without par value Prophecy Coal Corp. Common Shares Lee, John 4, 5 30/09/2013 10 0.075 1,771,500 113,000 without par value Prospero Silver Corp. Common Shares Murray, William 4 24/09/2013 11 0.05 1,896,450 300,000 Prospero Silver Corp. Common Shares oliver, murray 4 05/01/2010 00 Prospero Silver Corp. Common Shares oliver, murray 4 01/10/2013 16 0.05 200,000 200,000 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 12/09/2013 38 4 14,100 14,100 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 13/09/2013 38 4 21,400 7,300 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 16/09/2013 38 0 -21,400 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 20/09/2013 38 4 1,800 1,800 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 23/09/2013 38 0 -1,800 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 23/09/2013 38 4 14,100 14,100 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 24/09/2013 38 3.9992 20,100 6,000 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 25/09/2013 38 4 34,200 14,100 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 26/09/2013 38 3.9525 48,300 14,100 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 27/09/2013 38 4 62,400 14,100 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 30/09/2013 38 0 -62,400 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 30/09/2013 38 3.95 14,100 14,100 Puma Exploration Inc. Common Shares Robillard, Marcel 4, 5 26/09/2013 10 0.225 289,716 242,716 Puma Exploration Inc. Common Shares Robillard, Marcel 4, 5 30/09/2013 10 0.225 611,716 322,000 Pure Industrial Real Restricted Units Tam, Francis 5 25/09/2013 97 4.19 27,438 -14,422 Estate Trust Pure Industrial Real Trust Units Tam, Francis 5 25/09/2013 97 4.19 66,222 14,422 Estate Trust Pure Technologies Common Shares Paulson, James 4, 6, 25/09/2013 10 4.905 4,024,900 -84,700 Ltd. Edward 5 Pure Technologies Common Shares Paulson, Peter 4, 6, 25/09/2013 10 4.905 4,024,900 -84,700 Ltd. Osborne 5 Quebecor Inc. Subordinate Voting Quebecor inc. 1 03/09/2013 38 23.351 15,000 15,000 Shares Catégorie B Quebecor Inc. Subordinate Voting Quebecor inc. 1 30/09/2013 38 0 -15,000 Shares Catégorie B RDX Technologies Common Shares Ker, Anthony David 4, 5 04/09/2013 30 0.245 1,292,753 1,753 Corporation John Red Eagle Mining Common Shares Slater, Ian 4, 5 03/10/2013 10 0.23 2,150,001 50,000 Corporation Red Ore Gold Inc. Common Shares Hoover, Larry 4, 5 25/09/2013 16 0.1 1,104,200 700,000 Edward
October 10, 2013 (2013) 36 OSCB 9955
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Red Ore Gold Inc. Warrants Hoover, Larry 4, 5 25/09/2013 16 0.15 1,045,000 700,000 Edward Redtail Metals Corp. Warrants Sheriff, William 3 27/09/2013 55 0.15 177,778 -725,000 Morris Redtail Metals Corp. Warrants Shilleto, Blair 4 27/09/2013 55 0.15 0 -50,000 Mason Regal Lifestyle Common Shares Tawse, Moray 4 02/10/2013 16 7.1 1,765,463 1,760,563 Communities Inc. REIT INDEXPLUS Trust Units REIT Indexplus 1 24/09/2013 38 10.8 4,909,058 400 Income Fund Income Fund REIT INDEXPLUS Trust Units REIT Indexplus 1 30/09/2013 38 10.99 4,916,058 7,000 Income Fund Income Fund Reko International Options GOBEL, Peter 7 07/02/2011 00 Group Inc. Reko International Options GOBEL, Peter 7 03/10/2013 50 1.15 5,000 5,000 Group Inc. Reko International Options MERTON, Carl 5 25/09/2013 52 1.5 3,000 -3,000 Group Inc. Reko International Options MERTON, Carl 5 03/10/2013 50 1.15 8,000 5,000 Group Inc. Reko International Options Neufeld, Victor 4 25/09/2013 52 1.5 3,000 -2,000 Group Inc. Reko International Options Neufeld, Victor 4 03/10/2013 50 1.15 8,000 5,000 Group Inc. Reko International Options PIGNANELLI, 7 28/06/2013 00 5,000 Group Inc. Gennaro Reko International Options PIGNANELLI, 7 25/09/2013 52 1.5 3,000 -2,000 Group Inc. Gennaro Reko International Options PIGNANELLI, 7 03/10/2013 50 1.15 8,000 5,000 Group Inc. Gennaro Reko International Options REKO, DIANE 4, 6, 25/09/2013 52 1.5 3,000 -2,000 Group Inc. 5 Reko International Options REKO, DIANE 4, 6, 03/10/2013 50 1.15 8,000 5,000 Group Inc. 5 Reko International Options ROMANELLO, 7 28/06/2013 00 5,000 Group Inc. David Mario Reko International Options ROMANELLO, 7 25/09/2013 52 1.5 3,000 -2,000 Group Inc. David Mario Reko International Options ROMANELLO, 7 03/10/2013 50 1.15 8,000 5,000 Group Inc. David Mario Reko International Options SARTZ, JOHN 4 25/09/2013 52 1.5 3,000 -2,000 Group Inc. Reko International Options SARTZ, JOHN 4 03/10/2013 50 1.15 8,000 5,000 Group Inc. Reko International Options SIRIANNI, Joseph 7 25/09/2013 52 1.5 6,000 -2,000 Group Inc. Reko International Options STAJDUHAR, 7 28/06/2013 00 5,000 Group Inc. Ernest Anthony Reko International Options STAJDUHAR, 7 25/09/2013 52 1.5 3,000 -2,000 Group Inc. Ernest Anthony Reko International Options STAJDUHAR, 7 03/10/2013 50 1.15 8,000 5,000 Group Inc. Ernest Anthony Reko International Options STONE, Cedric 7 05/01/2010 00 Group Inc. Reko International Options STONE, Cedric 7 03/10/2013 50 1.15 5,000 5,000 Group Inc. Reko International Options SZONYI, ANDREW 4 25/09/2013 52 1.5 3,000 -2,000 Group Inc. Reko International Options SZONYI, ANDREW 4 03/10/2013 50 1.15 8,000 5,000 Group Inc. Renewable Energy Common Shares Capstone 3 01/10/2013 00 Developers Inc. Infrastructure (formerly Sprott Power Corporation Corp.) Renewable Energy Common Shares Capstone 3 01/10/2013 22 75,766,740 75,766,740 Developers Inc. Infrastructure (formerly Sprott Power Corporation Corp.) Response Biomedical Common Shares Orbimed Advisors, 3 30/12/2011 15 0.0746 67,024,129 Corp LLC Response Biomedical Common Shares Orbimed Advisors, 3 30/12/2011 15 0.0746 81,585,628 67,024,128 Corp LLC
October 10, 2013 (2013) 36 OSCB 9956
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Response Biomedical Common Shares Orbimed Advisors, 3 24/09/2012 37 4,079,276 -77,506,352 Corp LLC Response Biomedical Subscription Rights Orbimed Advisors, 3 28/07/2010 00 Corp LLC Response Biomedical Subscription Rights Orbimed Advisors, 3 26/09/2013 11 2.45 816,325 816,325 Corp LLC Response Biomedical Warrants Orbimed Advisors, 3 30/12/2011 15 67,024,129 Corp LLC Response Biomedical Warrants Orbimed Advisors, 3 30/12/2011 15 67,024,128 67,024,128 Corp LLC Response Biomedical Warrants Orbimed Advisors, 3 24/09/2012 37 3,351,205 -63,672,923 Corp LLC Revolution Resources Warrants Sun Valley Gold 3 03/10/2013 55 0 -2,500,000 Corp. LLC Revolution Resources Warrants Sun Valley Gold 3 03/10/2013 55 0 -2,500,000 Corp. Master Fund, Ltd. Richelieu Hardware Unités d'actions Chicoyne, Denyse 4 03/10/2013 56 44.53 14,526 90 Ltd. différées Richelieu Hardware Unités d'actions Courteau, Robert 4 03/10/2013 56 44.53 14,518 90 Ltd. différées Richelieu Hardware Unités d'actions DOUVILLE, Jean R. 4 03/10/2013 56 44.53 14,802 90 Ltd. différées Richelieu Hardware Unités d'actions Gauvin, Mathieu 4 01/10/2013 56 45.12 16,540 44 Ltd. différées Richelieu Hardware Unités d'actions Gauvin, Mathieu 4 03/10/2013 56 44.53 16,585 45 Ltd. différées Richelieu Hardware Unités d'actions Poulin, Marc 4 01/10/2013 56 45.12 729 44 Ltd. différées Richelieu Hardware Unités d'actions Poulin, Marc 4 03/10/2013 56 44.53 774 45 Ltd. différées Richelieu Hardware Unités d'actions Proteau, Jocelyn 4 01/10/2013 56 45.12 7,196 22 Ltd. différées Richelieu Hardware Unités d'actions Proteau, Jocelyn 4 03/10/2013 56 44.53 7,240 44 Ltd. différées Rio Alto Mining Common Shares Tweddle, Paul 5 01/10/2013 10 1.93 34,500 1,000 Limited RIOCAN REAL Trust Units Davloor, Raghunath 5 08/08/2013 30 23.45 53,673 267 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Davloor, Raghunath 5 08/08/2013 30 23.45 14,457 72 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units RioCan Real Estate 1 30/09/2013 38 0 -407,800 ESTATE Investment Trust INVESTMENT TRUST RIOCAN REAL Trust Units Robins, Jordan 5 09/09/2013 30 22.95 34,211 174 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 09/09/2013 30 22.949 2,411 12 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 09/09/2013 30 22.949 45,446 231 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 09/09/2013 30 22.949 22,653 115 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 09/09/2013 30 22.949 24,264 111 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 2,425 12 ESTATE Allen INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 1,340 6 ESTATE Allen INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 2,845 14 ESTATE Allen INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 2,480 12 ESTATE Allen INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 1,973 10 ESTATE Allen INVESTMENT TRUST
October 10, 2013 (2013) 36 OSCB 9957
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 1,973 10 ESTATE Allen INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 33,061 168 ESTATE Allen INVESTMENT TRUST RIOCAN REAL Trust Units Waks, Frederic 5 09/09/2013 30 22.95 554 2 ESTATE Allen INVESTMENT TRUST Ritchie Bros. Common Shares Wall, Randall 5 02/10/2013 00 85,332 Auctioneers James Incorporated Robix Alternative Common Shares Hansen, Nathan 4, 5 26/09/2013 10 0.25 286,862 5,000 Fuels, Inc. Rockgate Capital Options Ford, Douglas 4, 5 25/06/2013 52 0 -1,475,000 Corp. Edward Rockgate Capital Options Ford, Douglas 4, 5 30/09/2013 50 0.205 1,400,000 1,400,000 Corp. Edward Rockgate Capital Common Shares Ford, Edward 4 31/12/2011 11 40,230 -49,770 Corp. Douglas Rockgate Capital Common Shares Ford, Edward 4 02/01/2013 51 0.35 215,230 175,000 Corp. Douglas Rockgate Capital Common Shares Ford, Edward 4 25/09/2013 10 0.205 0 -50,000 Corp. Douglas Rockgate Capital Options Ford, Edward 4 02/01/2013 51 0.35 450,000 -175,000 Corp. Douglas Rockgate Capital Options Ford, Edward 4 25/06/2013 52 0 -450,000 Corp. Douglas Rockgate Capital Options Ford, Edward 4 30/09/2013 50 0.205 700,000 700,000 Corp. Douglas Rockgate Capital Options Gamley, Kirk 5 30/09/2013 50 2,275,000 1,400,000 Corp. Rockgate Capital Options Hyde, Bryan 4 30/09/2013 50 2,550,000 1,400,000 Corp. Rockgate Capital Options Kottmeier, Karl Eric 4 30/09/2013 50 2,375,000 1,400,000 Corp. Rockgate Capital Options Neal, Gordon 4 30/09/2013 50 0.205 1,350,000 700,000 Corp. Rockgate Capital Options Wild, Christopher 4 30/09/2013 50 1,225,000 500,000 Corp. James Rockgate Capital Options Wong, Elbert Yow 5 30/09/2013 50 700,000 500,000 Corp. Rockland Minerals Common Shares Loree, Bryan 4, 5 02/10/2013 10 0.045 1,719,700 10,000 Corp. Rockland Minerals Common Shares MacQuarrie, 3 03/10/2013 10 0.05 1,691,000 50,000 Corp. Douglas Richard Rockland Minerals Common Shares MacQuarrie, 3 27/09/2013 10 0.05 4,211,000 116,000 Corp. Douglas Richard Rockland Minerals Common Shares MacQuarrie, 3 27/09/2013 10 0.055 4,266,000 55,000 Corp. Douglas Richard Rockland Minerals Common Shares Mlait, Ravinder 4, 5 01/10/2013 10 0.055 1,419,500 1,500 Corp. Rockland Minerals Common Shares Mlait, Ravinder 4, 5 02/10/2013 10 0.055 1,420,500 1,000 Corp. Rocky Mountain Rights DSU Hoffman, Dennis J. 4 30/09/2013 56 15,710 137 Dealerships Inc. Rocky Mountain Rights DSU Hoffman, Dennis J. 4 01/10/2013 56 16,710 1,000 Dealerships Inc. Rocky Mountain Rights DSU Mackay, Robert 4 30/09/2013 56 1,009 9 Dealerships Inc. King Rocky Mountain Rights DSU Mackay, Robert 4 01/10/2013 56 2,009 1,000 Dealerships Inc. King Rocky Mountain Rights DSU Priestner, Patrick 4 30/09/2013 56 15,710 137 Dealerships Inc. John Rocky Mountain Rights DSU Priestner, Patrick 4 01/10/2013 56 16,710 1,000 Dealerships Inc. John Rocky Mountain Rights DSU Walters, Paul 4 30/09/2013 56 15,710 137 Dealerships Inc. Rocky Mountain Rights DSU Walters, Paul 4 01/10/2013 56 17,210 1,500 Dealerships Inc. Rogers Deferred Share Units Birchall, Charles 4 30/09/2013 56 38,686 532 Communications Inc. William David Rogers Deferred Share Units Birchall, Charles 4 02/10/2013 56 379 Communications Inc. William David Rogers Deferred Share Units Birchall, Charles 4 02/10/2013 56 379 Communications Inc. William David
October 10, 2013 (2013) 36 OSCB 9958
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Rogers Deferred Share Units Burch, Stephen A. 4 02/10/2013 56 85 Communications Inc. Rogers Deferred Share Units Burch, Stephen A. 4 02/10/2013 56 85 Communications Inc. Rogers Non-Voting Shares Clappison, John 4 22/06/2006 00 Communications Inc. Class B Rogers Non-Voting Shares Clappison, John 4 19/09/2013 97 1,000 1,000 Communications Inc. Class B Rogers Deferred Share Units Godsoe, Peter 4 30/09/2013 56 69,002 806 Communications Inc. Cowperthwaite Rogers Deferred Share Units MacDonald, John A. 4 30/09/2013 56 5,285 253 Communications Inc. Rogers Deferred Share Units Marcoux, Isabelle 4 30/09/2013 56 18,768 248 Communications Inc. Rogers Restricted Share Pelley, Keith 7 30/09/2013 30 55,590 1,512 Communications Inc. Units Rogers Restricted Share Pelley, Keith 7 30/09/2013 59 45.106 0 -55,590 Communications Inc. Units Rogers Deferred Share Units Peterson, David 4 30/09/2013 56 74,429 448 Communications Inc. Robert Rogers Deferred Share Units Rogers, Loretta A. 4, 6 30/09/2013 56 63,552 448 Communications Inc. Rogers Deferred Share Units Rogers, Martha 4, 6 30/09/2013 56 19,765 448 Communications Inc. Rogers Deferred Share Units Sirois, Charles 4 03/07/2013 30 41.59 6,316 60 Communications Inc. Rogers Deferred Share Units Sirois, Charles 4 30/09/2013 56 41.85 6,818 502 Communications Inc. Rogers Deferred Share Units Sirois, Charles 4 02/10/2013 30 44.6 6,880 62 Communications Inc. Rogers Sugar Inc. Common Shares Belkin, Alton Stuart 3, 4 01/10/2013 10 5.74 148,003 1,143 Rogers Sugar Inc. Common Shares BERGMAME, Dean 4 01/10/2013 10 5.74 25,245 703 Rogers Sugar Inc. Common Shares DESBIENS, 4 01/10/2013 10 5.74 37,579 1,388 MICHEL Rogers Sugar Inc. Common Shares Heskin, Michael 7 01/10/2013 10 5.74 16,953 771 Andrew Rogers Sugar Inc. Common Shares Jewell, Donald 7 01/10/2013 10 5.74 77,988 955 Rogers Sugar Inc. Common Shares Maslechko, William 4 01/10/2013 10 5.74 16,556 544 S. Rogers Sugar Inc. Common Shares Ross, M. Dallas H. 4 01/10/2013 10 5.74 27,522 16 Rogers Sugar Inc. Common Shares Ross, M. Dallas H. 4 01/10/2013 10 5.74 28,122 600 Rogers Sugar Inc. Common Shares Ross, M. Dallas H. 4 01/10/2013 10 5.74 28,322 200 RONA inc. Common Shares Bara, Claire 5 01/10/2013 00 RONA inc. Options Bara, Claire 5 01/10/2013 00 RONA inc. Unités d'actions Bara, Claire 5 01/10/2013 00 2,500 restreintes/Restricted Share Units RONA inc. Unités d'actions Blanchet, Suzanne 4 29/09/2013 56 11.83 18,021 1,405 différées / Deferred Share Unit RONA inc. Unités d'actions Brunet, Réal 4 29/09/2013 56 11.83 24,071 1,853 différées / Deferred Share Unit RONA inc. Unités d'actions Chevrier, Robert 4, 5 29/09/2013 56 11.83 31,806 10,699 différées / Deferred Share Unit RONA inc. Unités d'actions Claus, Eric Albert 4 29/09/2013 56 11.83 2,865 1,529 différées / Deferred James Share Unit RONA inc. Unités d'actions Dorval, T Bernard 4 29/09/2013 56 11.83 5,886 1,601 différées / Deferred Share Unit RONA inc. Unités d'actions Dufresne, Guy 4 29/09/2013 56 11.83 4,735 1,437 différées / Deferred Share Unit RONA inc. Unités d'actions Gilbertson, Barry 4 29/09/2013 56 11.83 4,912 1,323 différées / Deferred Gordon Share Unit RONA inc. Preferred Shares Hébert, Jean-Guy 4 15/11/2002 00 Catégorie A, Série 6 RONA inc. Preferred Shares Hébert, Jean-Guy 4 01/10/2013 10 19 2,200 2,200 Catégorie A, Série 6
October 10, 2013 (2013) 36 OSCB 9959
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed RONA inc. Unités d'actions Hébert, Jean-Guy 4 29/09/2013 56 11.83 30,041 1,428 différées / Deferred Share Unit RONA inc. Unités d'actions Pantelidis, James 4 29/09/2013 56 11.83 51,896 1,545 différées / Deferred Share Unit RONA inc. Unités d'actions Paré, Robert 4 29/09/2013 56 11.83 53,739 1,808 différées / Deferred Share Unit RONA inc. Unités d'actions Richardson, Steven 4 29/09/2013 56 11.83 3,165 1,648 différées / Deferred P. Share Unit RONA inc. Unités d'actions Voorheis, George 4 29/09/2013 56 11.83 5,426 1,378 différées / Deferred Wesley Thomas Share Unit Route1 Inc. Common Shares Busseri, Tony P 4 02/10/2013 10 0.04 1,637,666 100,000 Royal Host Inc. Convertible Clarke Inc. 3 26/09/2013 10 89.92 $5,984,000 $190,000 Debentures 5.90% unsecured subordinated, Series D, due June 30, 2014 Royal Host Inc. Convertible Clarke Inc. 3 01/10/2013 10 89.72 $6,041,000 $57,000 Debentures 5.90% unsecured subordinated, Series D, due June 30, 2014 Royal Host Inc. Convertible Clarke Inc. 3 02/10/2013 10 89.76 $6,087,000 $46,000 Debentures 5.90% unsecured subordinated, Series D, due June 30, 2014 Royal Host Inc. Convertible Clarke Inc. 3 26/09/2013 10 90 $3,272,000 $40,000 Debentures 6.00% unsecured subordinated, Series B, due October 31, 2015 Royal Host Inc. Convertible Clarke Inc. 3 03/10/2013 10 90 $3,278,000 $6,000 Debentures 6.00% unsecured subordinated, Series B, due October 31, 2015 Royal Host Inc. Convertible Clarke Inc. 3 23/09/2013 10 98 $50,000 Debentures 6.25% unsecured subordinated, Series C, due Sept 30, 2013 Royal Host Inc. Convertible Clarke Inc. 3 23/09/2013 10 89 $5,441,000 $50,000 Debentures 6.25% unsecured subordinated, Series C, due Sept 30, 2013 Royal Host Inc. Convertible Clarke Inc. 3 02/10/2013 10 89.98 $5,447,000 $6,000 Debentures 6.25% unsecured subordinated, Series C, due Sept 30, 2013 Russel Metals Inc. Rights Deferred Benedetti, Alain 4 30/09/2013 56 21,068 1,008 Share Units (cash settled) Russel Metals Inc. Rights Deferred Clark, John 4 30/09/2013 56 5,463 1,008 Share Units (cash settled) Russel Metals Inc. Rights Deferred Dinning, James 4 30/09/2013 56 15,209 360 Share Units (cash Francis settled) Russel Metals Inc. Rights Deferred Griffiths, Anthony 4 30/09/2013 56 15,209 360 Share Units (cash Frear settled) Russel Metals Inc. Rights Deferred Hanna, John 4 30/09/2013 56 5,243 936 Share Units (cash settled) Russel Metals Inc. Rights Deferred Laberge, Alice D. 4 30/09/2013 56 9,602 359 Share Units (cash settled)
October 10, 2013 (2013) 36 OSCB 9960
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Russel Metals Inc. Rights Deferred Lachapelle, Lise 4 30/09/2013 56 15,209 360 Share Units (cash settled) Russel Metals Inc. Rights Deferred O'Reilly, William 5 30/09/2013 56 10,826 359 Share Units (cash Michael settled) Russel Metals Inc. Rights Deferred Tulloch, John 4 30/09/2013 56 632 360 Share Units (cash Russell settled) Rye Patch Gold Corp. Common Shares Poznanski, Bernard 5 01/10/2013 10 0.14 78,000 18,000 Sabina Gold & Silver Common Shares Dundee Corporation 3 26/09/2013 10 0.9174 24,428,590 -169,000 Corp. Sabina Gold & Silver Common Shares Dundee Corporation 3 27/09/2013 10 0.89 24,095,786 -332,804 Corp. SAGE GOLD INC. Common Shares Mars, Patrick 4, 5 30/09/2013 10 0.025 688,333 50,000 James SAGE GOLD INC. Common Shares Mars, Patrick 4, 5 01/10/2013 10 0.025 700,333 12,000 James SAGE GOLD INC. Common Shares Mars, Patrick 4, 5 02/10/2013 10 0.025 713,333 13,000 James Sanatana Resources Common Shares Miles, Peter 4, 5 30/09/2013 10 0.07 3,809,615 200,000 Inc. Leighton Sanatana Resources Common Shares Miles, Peter 4, 5 30/09/2013 10 0.075 3,816,615 7,000 Inc. Leighton Sanatana Resources Common Shares Miles, Peter 4, 5 30/09/2013 10 0.07 2,546,886 100,000 Inc. Leighton Saputo Inc. Common Shares Saputo inc. 1 03/09/2013 38 46.936 155,600 40,000 Saputo Inc. Common Shares Saputo inc. 1 03/09/2013 38 120,000 -35,600 Saputo Inc. Common Shares Saputo inc. 1 04/09/2013 38 47.281 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 04/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 05/09/2013 38 47.767 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 05/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 06/09/2013 38 47.722 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 06/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 09/09/2013 38 47.733 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 09/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 10/09/2013 38 48.721 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 10/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 11/09/2013 38 48.726 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 11/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 12/09/2013 38 47.774 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 12/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 13/09/2013 38 47.582 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 13/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 16/09/2013 38 48.265 160,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 16/09/2013 38 120,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 17/09/2013 38 48.148 158,000 38,000 Saputo Inc. Common Shares Saputo inc. 1 17/09/2013 38 118,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 18/09/2013 38 48.079 158,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 18/09/2013 38 118,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 19/09/2013 38 48.345 158,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 19/09/2013 38 118,000 -40,000 Saputo Inc. Common Shares Saputo inc. 1 20/09/2013 38 47.872 158,000 40,000 Saputo Inc. Common Shares Saputo inc. 1 20/09/2013 38 120,000 -38,000 Saputo Inc. Common Shares Saputo inc. 1 23/09/2013 38 48.057 157,400 37,400 Saputo Inc. Common Shares Saputo inc. 1 23/09/2013 38 117,400 -40,000 Saputo Inc. Common Shares Saputo inc. 1 24/09/2013 38 48.372 157,400 40,000 Saputo Inc. Common Shares Saputo inc. 1 24/09/2013 38 117,400 -40,000 Saputo Inc. Common Shares Saputo inc. 1 25/09/2013 38 48.792 157,400 40,000 Saputo Inc. Common Shares Saputo inc. 1 25/09/2013 38 117,400 -40,000 Saputo Inc. Common Shares Saputo inc. 1 26/09/2013 38 48.763 156,300 38,900 Saputo Inc. Common Shares Saputo inc. 1 26/09/2013 38 118,900 -37,400 Saputo Inc. Common Shares Saputo inc. 1 27/09/2013 38 48.781 145,700 26,800 Saputo Inc. Common Shares Saputo inc. 1 27/09/2013 38 105,700 -40,000 Saputo Inc. Common Shares Saputo inc. 1 30/09/2013 38 49.236 145,700 40,000 Saputo Inc. Common Shares Saputo inc. 1 30/09/2013 38 105,700 -40,000 Savanna Energy Deferred Share Units Brooks, Gilbert 4 30/09/2013 56 7.36 71,974 877 Services Corp. (Directors) (cash Allen based only) Savanna Energy Deferred Share Units Chow, George K. 5 30/09/2013 56 7.36 20,710 252 Services Corp. (Officers) (cash based only)
October 10, 2013 (2013) 36 OSCB 9961
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Savanna Energy Notes 7.00% Senior Chow, George K. 5 14/08/2003 00 Services Corp. Unsecured Notes due 2018 Savanna Energy Notes 7.00% Senior Chow, George K. 5 02/10/2013 16 $497,500 $497,500 Services Corp. Unsecured Notes due 2018 Savanna Energy Deferred Share Units Draudson, Darcy 5 30/09/2013 56 7.36 20,710 252 Services Corp. (Officers) (cash based only) Savanna Energy Deferred Share Units Hooks, John 4 30/09/2013 56 7.42 137,316 3,393 Services Corp. (Directors) (cash Michael based only) Savanna Energy Deferred Share Units LaMontagne, 5 30/09/2013 56 7.36 20,710 252 Services Corp. (Officers) (cash Dwayne Kevin based only) Savanna Energy Deferred Share Units MULLEN, Kenneth 4, 5 30/09/2013 56 7.36 32,723 399 Services Corp. (Officers) (cash Brandon based only) Savanna Energy Deferred Share Units NUGENT, Kevin 4 30/09/2013 56 7.36 106,796 1,302 Services Corp. (Directors) (cash based only) Savanna Energy Deferred Share Units SAUNDERS, 4 30/09/2013 56 7.42 152,238 3,834 Services Corp. (Directors) (cash JAMES MACLEO based only) Savanna Energy Deferred Share Units Wilson, Tor David 4 30/09/2013 56 7.36 106,220 1,294 Services Corp. (Directors) (cash based only) Secure Energy Rights DSU's Johnson, David 4 15/09/2013 30 13.183 12,101 12 Services Inc. Daniel Secure Energy Rights DSU's MUNRO, BRADLEY 4, 7 15/09/2013 30 13.183 12,101 12 Services Inc. R. Secure Energy Rights DSU's NUGENT, Kevin 4 15/09/2013 30 13.183 12,101 12 Services Inc. Secure Energy Rights DSU (rights) Paterson, Richard 5 15/09/2013 30 13.183 4,064 4 Services Inc. Shaun Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 05/09/2013 38 102 1,000 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 06/09/2013 38 102 2,000 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 11/09/2013 38 102 3,000 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 12/09/2013 38 102 3,100 100 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 13/09/2013 38 102.49 4,100 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 16/09/2013 38 102.49 5,100 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 17/09/2013 38 102.43 6,100 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 19/09/2013 38 103 17,100 11,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 24/09/2013 38 102.7 18,100 1,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 26/09/2013 38 102.1 28,100 10,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 27/09/2013 38 103.3 28,600 500 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 30/09/2013 38 103 38,600 10,000 Senvest Capital Inc. Common Shares Senvest Capital Inc. 1 30/09/2013 38 0 -38,600 SHAW Directors' Deferred Green, Richard R. 4 30/09/2013 30 23.39 23,496 324 COMMUNICATIONS Share Units (DDSU) INC. SHAW Directors' Deferred Haverstock, Lynda 4 30/09/2013 30 24.07 19,865 305 COMMUNICATIONS Share Units (DDSU) INC. SHAW Directors' Deferred Pew, Paul Kenneth 4 30/09/2013 30 24.07 43,052 514 COMMUNICATIONS Share Units (DDSU) INC. SHAW Directors' Deferred Royer, Jeffrey 4 30/09/2013 30 24.07 48,638 406 COMMUNICATIONS Share Units (DDSU) INC. SHAW Directors' Deferred Weatherill, Sheila 4 30/09/2013 30 24.07 18,861 301 COMMUNICATIONS Share Units (DDSU) Christine INC. Shoal Point Energy Common Shares Jarvis, Mark 4 28/06/2013 00 Ltd. Clayton Shoal Point Energy Common Shares Jarvis, Mark 4 27/09/2013 16 0.05 2,400,000 2,400,000 Ltd. Clayton Shoal Point Energy Common Shares Jarvis, Mark 4 27/09/2013 16 1E+06 1,000,000 Ltd. Clayton Shoal Point Energy Common Shares Jarvis, Mark 4 27/09/2013 16 0.05 1,730,000 1,000,000 Ltd. Clayton Shoal Point Energy Warrants Jarvis, Mark 4 28/06/2013 00 Ltd. Clayton
October 10, 2013 (2013) 36 OSCB 9962
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Shoal Point Energy Warrants Jarvis, Mark 4 27/09/2013 16 0.06 2,400,000 2,400,000 Ltd. Clayton Shoal Point Energy Warrants Jarvis, Mark 4 27/09/2013 16 0.06 1,000,000 Ltd. Clayton Shoal Point Energy Warrants Jarvis, Mark 4 27/09/2013 16 0.06 1,000,000 1,000,000 Ltd. Clayton Shoal Point Energy Common Shares Schneider, Eric 4 27/09/2013 16 0.05 1,731,972 1,000,000 Ltd. Norman Shoal Point Energy Warrants Schneider, Eric 4 27/09/2013 16 0.06 1,071,430 1,000,000 Ltd. Norman Shoppers Drug Mart Rights Deferred Hankinson, James 4 30/09/2013 56 59.36 11,370 421 Corporation Share Units Floyd Shoppers Drug Mart Rights Deferred Hoeg, Krystyna 4 30/09/2013 56 59.36 19,559 842 Corporation Share Units Shoppers Drug Mart Rights Deferred Kluge, Holger 4 30/09/2013 56 59.36 27,378 1,474 Corporation Share Units Shoppers Drug Mart Rights Deferred Lussier, Gaétan 4 30/09/2013 56 59.36 16,194 421 Corporation Share Units Shoppers Drug Mart Rights Deferred Piper, Martha Cook 4 30/09/2013 56 59.36 15,379 421 Corporation Share Units Shoppers Drug Mart Rights Deferred Pritchard, Beth 4 30/09/2013 56 59.36 2,661 421 Corporation Share Units Marie Shoppers Drug Mart Rights Deferred Raiss, Sarah 4 30/09/2013 56 59.36 11,751 595 Corporation Share Units Shoppers Drug Mart Common Shares Ridout, Derek 4 01/10/2013 10 59.47 -28,000 -30,000 Corporation Michael Shoppers Drug Mart Common Shares Ridout, Derek 4 02/10/2013 51 41.8 2,000 30,000 Corporation Michael Shoppers Drug Mart Options Ridout, Derek 4 02/10/2013 51 41.8 30,000 -30,000 Corporation Michael Shoppers Drug Mart Rights Deferred Ridout, Derek 4 30/09/2013 56 59.36 13,930 421 Corporation Share Units Michael Shoppers Drug Mart Rights Deferred Waterous, Johanna 4 30/09/2013 56 59.36 4,385 769 Corporation Share Units Martin Elizabeth Shoppers Drug Mart Common Shares Williams, David 4 30/09/2013 10 59.334 -58,500 -60,000 Corporation Michael Shoppers Drug Mart Common Shares Williams, David 4 01/10/2013 51 26.95 1,500 60,000 Corporation Michael Shoppers Drug Mart Options Williams, David 4 01/10/2013 51 26.95 0 -60,000 Corporation Michael Shoppers Drug Mart Rights Deferred Williams, David 4 30/09/2013 56 59.36 29,026 421 Corporation Share Units Michael Shoreline Energy Common Shares Henry, Peter John 4 01/10/2013 10 2.36 18,680 480 Corp. Silver Bear Resources Common Shares Battiston, Deborah 5 15/06/2011 00 Inc. Silver Bear Resources Common Shares Battiston, Deborah 5 01/10/2013 30 0.125 6,250 6,250 Inc. Silver Bear Resources Common Shares Bharti, Stan 4 11/05/2011 00 Inc. Silver Bear Resources Common Shares Bharti, Stan 4 01/10/2013 30 0.125 62,500 62,500 Inc. Silver Bear Resources Common Shares Birchall, Robin 4, 5 11/03/2013 00 Inc. Jonathan Eckford Birchall Silver Bear Resources Common Shares Birchall, Robin 4, 5 01/10/2013 30 0.125 43,750 43,750 Inc. Jonathan Eckford Birchall Silver Bear Resources Common Shares Davies, Brianna 5 01/10/2013 30 0.125 31,250 6,250 Inc. Kirsten Silver Bear Resources Common Shares Eyton, J. Trevor 4 01/10/2013 30 0.125 14,166 12,500 Inc. Silver Bear Resources Common Shares Granovsky, Boris 4 01/10/2013 00 12,500 Inc. Lvovich Silver Bear Resources Options Granovsky, Boris 4 01/10/2013 00 100,000 Inc. Lvovich Silver Bear Resources Common Shares Trevisiol, Mark 4, 5 01/10/2013 97 0.125 112,500 62,500 Inc. Steven Silver Predator Corp. Common Shares Lupien, William A. 3 30/09/2013 10 0.055 6,897,508 -1,000 Silver Standard Deferred Share Unit ANGLIN, Mike 4 01/10/2013 50 6.56 5,526 Resources Inc. Arthur E. Silver Standard Deferred Share Unit ANGLIN, Mike 4 01/10/2013 56 6.56 45,163 5,526 Resources Inc. Arthur E. Silver Standard Deferred Share Unit Campbell, Richard 4 01/10/2013 56 6.56 28,346 3,049 Resources Inc. Cunningham
October 10, 2013 (2013) 36 OSCB 9963
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Silver Standard Deferred Share Unit Herrero, Gustavo 4 01/10/2013 56 6.56 16,115 5,145 Resources Inc. Adolfo Silver Standard Deferred Share Unit Paterson, Richard 4 01/10/2013 56 6.56 46,822 5,526 Resources Inc. Silver Standard Deferred Share Unit Reid, Steven Paul 4 01/10/2013 56 6.56 9,663 3,049 Resources Inc. Silver Standard Deferred Share Unit TOMSETT, PETER 4 01/10/2013 56 6.56 83,077 9,527 Resources Inc. WILLIAM Sintana Energy Inc. Options Maruzzo, Bruno 4 30/09/2013 52 0.1 300,000 -50,000 Sirius XM Canada Class B Voting Slaight 3 27/09/2013 36 44,570,361 -3,000,000 Holdings Inc. (formerly Shares Communications Canadian Satellite Inc. Radio Holdings Inc.) Sirius XM Canada Subordinate Voting Slaight 3 27/09/2013 36 1,000,000 1,000,000 Holdings Inc. (formerly Shares Communications Canadian Satellite Inc. Radio Holdings Inc.) SNC-Lavalin Group Unités d'actions Bougie, Jacques 4 30/09/2013 56 41.366 1,277 591 Inc. différées (administrateurs) SNC-Lavalin Group Unités d'actions Bourne, Ian 4 30/09/2013 56 41.366 10,530 1,459 Inc. différées Alexander (administrateurs) SNC-Lavalin Group Unités d'actions HAMMICK, Patricia 4 30/09/2013 58 - 41.366 665 Inc. différées A. Expiration (administrateurs) of rights SNC-Lavalin Group Unités d'actions HAMMICK, Patricia 4 30/09/2013 56 41.366 11,250 665 Inc. différées A. (administrateurs) SNC-Lavalin Group Unités d'actions Lachapelle, Lise 4 30/09/2013 56 41.366 1,277 591 Inc. différées (administrateurs) SNC-Lavalin Group Unités d'actions Marsden, Lorna 4 30/09/2013 56 41.366 14,621 685 Inc. différées Ruth (administrateurs) SNC-Lavalin Group Unités d'actions Mongeau, Claude 4 30/09/2013 56 41.366 27,880 1,008 Inc. différées (administrateurs) SNC-Lavalin Group Unités d'actions PARKER, Michael 4 30/09/2013 56 41.366 9,830 905 Inc. différées D. (administrateurs) SNC-Lavalin Group Unités d'actions Rheaume, Alain 4 30/09/2013 56 41.366 1,277 591 Inc. différées (administrateurs) SNC-Lavalin Group Unités d'actions Sbiti, Chakib 4 30/09/2013 56 41.366 2,682 699 Inc. différées (administrateurs) SNC-Lavalin Group Unités d'actions SIEGEL, Eric 4 30/09/2013 56 41.366 5,497 880 Inc. différées (administrateurs) SNC-Lavalin Group Unités d'actions STEVENSON, 4 30/09/2013 56 41.366 15,599 690 Inc. différées Lawrence N. (administrateurs) Sniper Resources Ltd. Common Shares Baxter, Scott David 3, 4, 18/04/2008 00 5 Sniper Resources Ltd. Common Shares Baxter, Scott David 3, 4, 24/09/2013 11 0.05 1,220,000 1,220,000 5 Sniper Resources Ltd. Common Shares Baxter, Scott David 3, 4, 18/04/2008 00 5 Sniper Resources Ltd. Common Shares Baxter, Scott David 3, 4, 02/10/2013 10 0.03 10,000 10,000 5 Sniper Resources Ltd. Common Shares Baxter, Scott David 3, 4, 24/09/2013 10 0.025 1,387,880 -183,000 5 Sojourn Ventures Inc. Common Shares Meekison, William 4, 5 02/10/2013 10 0.065 110,000 20,000 John Solarvest BioEnergy Common Shares Greenham, Gerri 4 03/10/2013 11 0.25 7,724,000 200,000 Inc. Joseph Solarvest BioEnergy Common Shares Greenham, Gerri 4 04/10/2013 11 0.25 200,000 Inc. Joseph Solium Capital Inc. Common Shares Kovacs, Kimberly 5 30/09/2013 11 5.5 121,245 -20,000 Lynn Solium Capital Inc. Common Shares Lopez, Marcos 4, 5 03/10/2013 10 5.578 2,042,563 -7,500 Solium Capital Inc. Common Shares Lopez, Marcos 4, 5 04/10/2013 10 5.54 2,035,063 -7,500
October 10, 2013 (2013) 36 OSCB 9964
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed SoMedia Networks Options Pickering, Benjamin 5 01/10/2013 00 390,000 Inc. Source Exploration Options Rader, Darrell A. 4 31/07/2008 50 0.4 125,000 Corp. Source Exploration Options Rader, Darrell A. 4 31/07/2008 50 0.4 125,000 Corp. Spanish Mountain Common Shares Beattie, Morris John 4 27/09/2013 11 2,565,000 292,500 Gold Ltd. Vreugde Spanish Mountain Common Shares Beattie, Morris John 4 27/09/2013 11 2,272,500 -292,500 Gold Ltd. Vreugde Spanish Mountain Common Shares WATSON, IAN 4 27/09/2013 16 22,586,137 550,000 Gold Ltd. Spanish Mountain Common Shares WATSON, IAN 4 27/09/2013 90 19,514,887 -3,071,250 Gold Ltd. Spanish Mountain Common Shares WATSON, IAN 4 27/09/2013 90 22,586,137 3,071,250 Gold Ltd. Spanish Mountain Warrants WATSON, IAN 4 27/09/2013 16 9,372,000 550,000 Gold Ltd. Spot Coffee (Canada) Common Shares Lorenzo, John 4 30/09/2013 10 0.1 6,835,324 30,000 Ltd. Michael Spot Coffee (Canada) Common Shares Lorenzo, John 4 01/10/2013 10 0.1 6,805,324 -30,000 Ltd. Michael ST ANDREW Common Shares Abramson, Randall 3 27/09/2013 97 16,761,653 -15,810 GOLDFIELDS LTD. ST ANDREW Common Shares Abramson, Randall 3 02/10/2013 97 16,750,563 -11,090 GOLDFIELDS LTD. ST ANDREW Common Shares Abramson, Randall 3 04/10/2013 97 16,735,163 -15,400 GOLDFIELDS LTD. ST ANDREW Common Shares Abramson, Randall 3 27/09/2013 97 13,653,716 -34,190 GOLDFIELDS LTD. ST ANDREW Common Shares Abramson, Randall 3 02/10/2013 97 13,629,806 -23,910 GOLDFIELDS LTD. ST ANDREW Common Shares Abramson, Randall 3 04/10/2013 97 13,596,426 -33,380 GOLDFIELDS LTD. Stans Energy Corp. Options Buick, Jonathan 4 26/09/2013 00 300,000 Alain Stantec Inc. Common Shares Clayton, Carl Frank 7 01/10/2013 51 30.61 26,200 10,000 Stantec Inc. Common Shares Clayton, Carl Frank 7 01/10/2013 10 52.25 16,200 -10,000 Stantec Inc. Options Clayton, Carl Frank 7 01/10/2013 51 30.61 7,500 -10,000 Stantec Inc. Common Shares Etter, Delores Maria 4 30/09/2013 10 51.7 1,000 Stantec Inc. Common Shares Etter, Delores Maria 4 30/09/2013 10 51.7 1,000 Stantec Inc. Common Shares Etter, Delores Maria 4 30/09/2013 10 51.707 2,655 1,000 Stantec Inc. Common Shares Galajda, Larry 7 31/03/2003 00 Michael Stantec Inc. Common Shares Galajda, Larry 7 31/03/2003 00 14,500 Michael Stantec Inc. Common Shares Galajda, Larry 7 31/03/2003 00 Michael Stantec Inc. Common Shares Galajda, Larry 7 31/03/2003 00 487 Michael Stantec Inc. Common Shares Galajda, Larry 7 31/03/2003 00 Michael Stantec Inc. Common Shares Galajda, Larry 7 31/03/2003 00 Michael Stantec Inc. Options Galajda, Larry 7 31/03/2003 00 Michael Stantec Inc. Options Galajda, Larry 7 31/03/2003 00 Michael Sterling Resources Common Shares Ingalls & Snyder, 3 27/09/2013 10 33,215,043 -5,000 Ltd. LLC Sterling Resources Common Shares Ingalls & Snyder, 3 01/10/2013 10 0.704 33,223,043 8,000 Ltd. LLC Sterling Resources Common Shares Ingalls & Snyder, 3 03/10/2013 10 0.7413 33,520,162 297,119 Ltd. LLC Sterling Resources Common Shares Ingalls & Snyder, 3 03/10/2013 10 0.7282 33,573,043 52,881 Ltd. LLC Strad Energy Services Common Shares Grandfield, Robert 4, 5 27/09/2013 10 3.8 153,370 -3,900 Ltd. James Strad Energy Services Common Shares Grandfield, Robert 4, 5 27/09/2013 10 3.85 153,170 -200 Ltd. James Strad Energy Services Common Shares Grandfield, Robert 4, 5 27/09/2013 10 3.82 153,070 -100 Ltd. James Strad Energy Services Common Shares Grandfield, Robert 4, 5 30/09/2013 10 3.8 150,570 -2,500 Ltd. James Strad Energy Services Common Shares Grandfield, Robert 4, 5 03/10/2013 10 3.8 150,270 -300 Ltd. James
October 10, 2013 (2013) 36 OSCB 9965
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Strad Energy Services Common Shares Grandfield, Robert 4, 5 04/10/2013 10 3.8 150,170 -100 Ltd. James Strategic Oil & Gas Common Shares Claugus, Thomas 4 30/09/2013 10 0.95 3,145,400 17,000 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 01/10/2013 10 0.95 3,159,900 14,500 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 30/09/2013 10 0.95 15,272,200 65,700 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 01/10/2013 10 0.95 15,328,200 56,000 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 30/09/2013 10 0.95 39,431,500 137,200 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 01/10/2013 10 0.95 39,548,300 116,800 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 30/09/2013 10 0.95 15,428,900 88,200 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 01/10/2013 10 0.95 15,504,000 75,100 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 30/09/2013 10 0.95 2,126,300 15,900 Ltd. Eugene Strategic Oil & Gas Common Shares Claugus, Thomas 4 01/10/2013 10 0.95 2,139,900 13,600 Ltd. Eugene Stream Oil & Gas Ltd. Common Shares Tognetti, John 3 30/09/2013 10 0.6138 10,554,100 18,500 Strongco Corporation Common Shares Forbes, Christopher 5 04/10/2013 30 4.15 15,549 108 Strongco Corporation Common Shares Ostrander, William 5 04/10/2013 30 4.15 1,850 214 STT Enviro Corp. Common Shares Bringeland, Hal 5 30/09/2013 11 0.13 2,076,068 -400,000 (formerly Semcan Fraser Inc.) STT Enviro Corp. Common Shares Charbonneau, 3 30/09/2013 11 0.14 3,378,543 267,160 (formerly Semcan Monique Inc.) STT Enviro Corp. Common Shares Deacon, David 5 30/09/2013 11 0.13 1,499,000 400,000 (formerly Semcan Emmerson Inc.) STT Enviro Corp. Common Shares Deacon, David 5 30/09/2013 11 0.14 1,231,840 -267,160 (formerly Semcan Emmerson Inc.) STT Enviro Corp. Convertible WILBY, JOHN 5 24/07/2007 00 (formerly Semcan Debentures HILTON Inc.) STT Enviro Corp. Convertible WILBY, JOHN 5 30/09/2013 11 $78,500 $78,500 (formerly Semcan Debentures HILTON Inc.) STT Enviro Corp. Convertible WILBY, JOHN 5 30/09/2013 11 $143,500 $65,000 (formerly Semcan Debentures HILTON Inc.) Student Common Shares Walker, Patrick 5 30/09/2013 10 6.31 76,227 3,500 Transportation Inc. John (formerly, Student Transportation of America Ltd.) Sun Life Financial Inc. Deferred Share Units Accum, Claude 5 30/09/2013 30 32.86 17,785 193 Sun Life Financial Inc. Units Sun Shares Accum, Claude 5 30/09/2013 30 32.86 79,212 858 Sun Life Financial Inc. Deferred Share Units Anderson, William 4 30/09/2013 30 32.86 7,907 538 D. Sun Life Financial Inc. Deferred Share Units Blair, Carolyn Diane 5 30/09/2013 30 32.86 13,381 145 Sun Life Financial Inc. Units Sun Shares Blair, Carolyn Diane 5 30/09/2013 30 32.86 46,075 499 Sun Life Financial Inc. Common Shares Bogart, Thomas A. 5 30/09/2013 30 32.85 12,461 127 Sun Life Financial Inc. Deferred Share Units Bogart, Thomas A. 5 30/09/2013 30 32.86 36,363 394 Sun Life Financial Inc. Units Sun Shares Bogart, Thomas A. 5 30/09/2013 30 32.86 79,212 858 Sun Life Financial Inc. Deferred Share Units Booth, Richard 4 30/09/2013 30 32.86 9,281 1,064 Sun Life Financial Inc. Deferred Share Units Clappison, John 4 30/09/2013 30 32.86 33,363 1,303 Sun Life Financial Inc. Deferred Share Units Connor, Dean 4, 5 30/09/2013 30 32.86 84,200 912 Sun Life Financial Inc. Units Sun Shares Connor, Dean 4, 5 30/09/2013 30 32.86 284,743 3,085 Sun Life Financial Inc. Deferred Share Units De Paoli, Mary 5 30/09/2013 30 32.86 9,184 99 Sun Life Financial Inc. Units Sun Shares De Paoli, Mary 5 30/09/2013 30 32.86 37,283 404 Sun Life Financial Inc. Deferred Share Units Dougherty, Kevin 5 30/09/2013 30 32.86 14,750 160 Sun Life Financial Inc. Units Sun Shares Dougherty, Kevin 5 30/09/2013 30 32.86 115,577 1,252 Sun Life Financial Inc. Deferred Share Units Freyne, Colm 5 30/09/2013 30 32.86 39,879 432 Joseph Sun Life Financial Inc. Units Sun Shares Freyne, Colm 5 30/09/2013 30 32.86 84,482 915 Joseph Sun Life Financial Inc. Deferred Share Units Ganong, David A. 4 30/09/2013 30 32.86 27,818 753 Sun Life Financial Inc. Common Shares Glynn, Martin John 4 03/10/2013 30 32.84 7,584 261 Gardner Sun Life Financial Inc. Deferred Share Units Glynn, Martin John 4 30/09/2013 30 32.86 6,646 524 Gardner
October 10, 2013 (2013) 36 OSCB 9966
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Sun Life Financial Inc. Deferred Share Units Hoeg, Krystyna 4 30/09/2013 30 32.86 839 Sun Life Financial Inc. Deferred Share Units Hoeg, Krystyna 4 30/09/2013 30 32.86 839 Sun Life Financial Inc. Deferred Share Units Hoeg, Krystyna 4 30/09/2013 30 32.86 35,724 839 Sun Life Financial Inc. Deferred Share Units Kesner, Idalene 4 30/09/2013 30 32.86 19,614 664 Sun Life Financial Inc. Units Sun Shares Kicinski, Stephen 5 30/09/2013 30 32.86 24,290 263 Sun Life Financial Inc. Deferred Share Units Madge, Larry 5 30/09/2013 30 32.86 10,839 118 Sun Life Financial Inc. Units Sun Shares Madge, Larry 5 30/09/2013 30 32.86 44,523 483 Sun Life Financial Inc. Deferred Share Units Peacher, Stephen 5 30/09/2013 30 32.86 23,039 249 Sun Life Financial Inc. Units Sun Shares Peacher, Stephen 5 30/09/2013 30 32.86 116,707 1,264 Sun Life Financial Inc. Deferred Share Units Raymond, Réal 4 30/09/2013 30 32.86 1,444 870 Sun Life Financial Inc. Units Sun Shares Saunders, Mark 5 30/09/2013 30 32.86 52,918 573 Sun Life Financial Inc. Deferred Share Units Segal, Hugh David 4 30/09/2013 30 32.86 10,842 569 Sun Life Financial Inc. Units Sun Shares Strain, Kevin 5 30/09/2013 30 32.86 48,413 525 Sun Life Financial Inc. Deferred Share Units Stymiest, Barbara 4 30/09/2013 30 32.86 7,929 1,164 Gayle Sun Life Financial Inc. Deferred Share Units Sutcliffe, James 4 30/09/2013 30 32.86 47,720 3,452 Sun Life Financial Inc. Deferred Share Units Thompson, Westley 5 30/09/2013 30 32.86 68,469 742 Sun Life Financial Inc. Units Sun Shares Thompson, Westley 5 30/09/2013 30 32.86 171,514 1,858 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 03/09/2013 38 36.11 320,500 320,500 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 03/09/2013 38 0 -320,500 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 04/09/2013 38 36.13 320,600 320,600 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 04/09/2013 38 0 -320,600 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 05/09/2013 38 36.09 319,600 319,600 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 05/09/2013 38 0 -319,600 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 06/09/2013 38 36.96 291,241 291,241 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 06/09/2013 38 0 -291,241 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 09/09/2013 38 36.94 288,700 288,700 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 09/09/2013 38 0 -288,700 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 10/09/2013 38 36.43 291,800 291,800 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 10/09/2013 38 0 -291,800 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 11/09/2013 38 36.59 289,800 289,800 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 11/09/2013 38 0 -289,800 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 12/09/2013 38 37.03 285,400 285,400 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 12/09/2013 38 0 -285,400 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 13/09/2013 38 37.43 268,800 268,800 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 13/09/2013 38 0 -268,800 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 16/09/2013 38 37.44 269,300 269,300 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 16/09/2013 38 0 -269,300 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 17/09/2013 38 37.19 277,500 277,500 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 17/09/2013 38 0 -277,500 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 18/09/2013 38 37.27 269,200 269,200 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 18/09/2013 38 0 -269,200 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 19/09/2013 38 37.19 267,900 267,900 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 19/09/2013 38 0 -267,900 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 20/09/2013 38 36.98 275,400 275,400 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 20/09/2013 38 0 -275,400 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 23/09/2013 38 36.96 285,500 285,500 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 23/09/2013 38 0 -285,500 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 24/09/2013 38 36.77 286,600 286,600 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 24/09/2013 38 0 -286,600 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 25/09/2013 38 37.16 270,200 270,200 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 25/09/2013 38 0 -270,200 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 26/09/2013 38 37.32 269,300 269,300 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 26/09/2013 38 0 -269,300 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 27/09/2013 38 37.33 204,915 204,915 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 27/09/2013 38 0 -204,915 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 30/09/2013 38 37.01 222,670 222,670 Suncor Energy Inc. Common Shares Suncor Energy Inc. 1 30/09/2013 38 0 -222,670 Sunshine Oilsands Common Shares Cong, Songbo 5 30/09/2013 30 0.25 5,478,336 7,500 Ltd. Class A Sunshine Oilsands Common Shares Montemurro, Mark 5 30/09/2013 30 0.25 38,994 9,333 Ltd. Class A Anthony Sunshine Oilsands Common Shares Pearce, Robert 5 30/09/2013 30 0.25 38,994 9,333 Ltd. Class A Arthur Sunshine Oilsands Options Profili, Christine 5 27/09/2013 38 762,866 -325,734 Ltd. Marie Sunshine Oilsands Common Shares Sabelli, Tony 5 30/09/2013 30 0.25 74,817 8,333 Ltd. Class A Sunshine Oilsands Common Shares Sealock, David O. 5 30/09/2013 30 0.25 318,682 8,333 Ltd. Class A
October 10, 2013 (2013) 36 OSCB 9967
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Sunshine Oilsands Common Shares Stark, Albert 5 30/09/2013 30 0.25 25,766 6,167 Ltd. Class A Norman Sunward Resources Options Pitakpong, Kanapa 5 09/09/2013 50 0.4 135,000 75,000 Ltd. Super Nova Minerals Warrants Hara, Kumiko 5 29/10/2012 00 13,333 Corp. Super Nova Minerals Warrants Tung, Sau Nang 4 21/08/2013 00 13,333 Corp. Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 52 -110,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 52 395,000 -110,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 51 -70,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 52 325,000 -70,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 51 -115,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 52 210,000 -115,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 52 -210,000 Surge Energy Inc. Options Brown, Daniel Curt 5 27/09/2013 52 0 -210,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 -75,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 125,000 -75,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 -20,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 105,000 -20,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 -40,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 65,000 -40,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 -65,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 -65,000 Surge Energy Inc. Options Bye, Murray 5 27/09/2013 52 0 -65,000 Surge Energy Inc. Options Colborne, Paul 4 27/09/2013 55 91,500 -55,000 Surge Energy Inc. Options Colborne, Paul 4 27/09/2013 52 64,000 -27,500 Surge Energy Inc. Options Colborne, Paul 4 27/09/2013 52 30,000 -34,000 Surge Energy Inc. Options Colborne, Paul 4 27/09/2013 52 0 -30,000 Surge Energy Inc. Common Shares Cotter, Thomas 5 27/09/2013 51 5.8 8,585 630 Nicholas Surge Energy Inc. Options Cotter, Thomas 5 27/09/2013 51 35,500 -25,000 Nicholas Surge Energy Inc. Options Cotter, Thomas 5 27/09/2013 38 0 -35,500 Nicholas Surge Energy Inc. Options Davies, Colin 4 27/09/2013 52 56,000 -75,000 William Graham Surge Energy Inc. Options Davies, Colin 4 27/09/2013 52 30,000 -26,000 William Graham Surge Energy Inc. Options Davies, Colin 4 27/09/2013 52 0 -30,000 William Graham Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 -80,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 300,000 -80,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 -60,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 240,000 -60,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 -90,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 150,000 -90,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 -150,000 Ann Surge Energy Inc. Options Elekes, Margaret 5 27/09/2013 52 0 -150,000 Ann Surge Energy Inc. Options Leach, Robert Allen 4 27/09/2013 52 81,000 -50,000 Surge Energy Inc. Options Leach, Robert Allen 4 27/09/2013 52 56,000 -25,000 Surge Energy Inc. Options Leach, Robert Allen 4 27/09/2013 52 30,000 -26,000 Surge Energy Inc. Options Leach, Robert Allen 4 27/09/2013 52 0 -30,000 Surge Energy Inc. Options Lof, Maxwell 5 27/09/2013 52 375,000 -105,000 Andrew William Surge Energy Inc. Options Lof, Maxwell 5 27/09/2013 52 315,000 -60,000 Andrew William Surge Energy Inc. Options Lof, Maxwell 5 27/09/2013 52 210,000 -105,000 Andrew William Surge Energy Inc. Options Lof, Maxwell 5 27/09/2013 52 0 -210,000 Andrew William Surge Energy Inc. Options O'Neil, Peter Dan 5 27/09/2013 52 470,000 -120,000 Surge Energy Inc. Options O'Neil, Peter Dan 5 27/09/2013 52 370,000 -100,000 Surge Energy Inc. Options O'Neil, Peter Dan 5 27/09/2013 52 230,000 -140,000 Surge Energy Inc. Options O'Neil, Peter Dan 5 27/09/2013 52 0 -230,000
October 10, 2013 (2013) 36 OSCB 9968
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Surge Energy Inc. Options Pasieka, James 4 27/09/2013 38 0 -131,000 Murray Surge Energy Inc. Common Shares Smith, Murray 4 27/09/2013 51 5.95 1,513 Douglas Surge Energy Inc. Common Shares Smith, Murray 4 27/09/2013 51 5.95 24,240 1,513 Douglas Surge Energy Inc. Options Smith, Murray 4 27/09/2013 52 106,000 -25,000 Douglas Surge Energy Inc. Options Smith, Murray 4 27/09/2013 52 80,000 -26,000 Douglas Surge Energy Inc. Options Smith, Murray 4 27/09/2013 52 50,000 -30,000 Douglas Surge Energy Inc. Options Smith, Murray 4 27/09/2013 51 -50,000 Douglas Surge Energy Inc. Options Smith, Murray 4 27/09/2013 52 -50,000 Douglas Surge Energy Inc. Options Smith, Murray 4 27/09/2013 51 0 -50,000 Douglas Synex International Common Shares Stephens, Alan 4, 5 02/10/2013 10 0.54 376,555 -10,000 Inc. William Synex International Common Shares Stephens, Alan 4, 5 02/10/2013 10 0.54 360,000 -16,555 Inc. William TAD Mineral Options Adam, Negar 4, 5 19/09/2013 50 0.05 870,000 750,000 Exploration Inc. TAD Mineral Options Clemiss, Conrad 4, 5 19/09/2013 50 0.05 496,000 205,000 Exploration Inc. TAD Mineral Options Gigliotti, Jason 4 19/09/2013 50 0.05 1,045,000 750,000 Exploration Inc. TAD Mineral Options Nelson, James 4 09/02/2010 00 Exploration Inc. TAD Mineral Options Nelson, James 4 19/09/2013 50 0.05 205,000 205,000 Exploration Inc. TAG Oil Ltd Common Shares TAG Oil Ltd. 1 01/10/2013 38 0 -26,500 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 28/05/2010 00 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 123,055 123,055 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 246,110 123,055 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 123,055 -544,182 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 0 -123,055 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 3,226,375 544,182 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 3,770,557 544,182 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 123,055 -544,182 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 27/09/2013 90 0 -123,055 Tahoe Resources Inc. Common Shares Muerhoff, Charlie 5 02/10/2013 10 17.719 46,877 -9,000 Taiga Building Common Shares Little, John 5 30/09/2013 10 0.8 156,968 800 Products Ltd. Taiga Building Common Shares Little, John 5 04/10/2013 10 0.78 158,968 2,000 Products Ltd. Talisman Energy Inc. Deferred Share Units BERGEVIN, 4 30/09/2013 35 60,604 356 Christiane Talisman Energy Inc. Deferred Share Units BERGEVIN, 4 30/09/2013 56 61,790 1,186 Christiane Talisman Energy Inc. Performance Share BLAKELEY, 5 30/09/2013 35 400,789 2,403 Units Alexander Paul Talisman Energy Inc. Deferred Share Units CARTY, DONALD 4 30/09/2013 35 49,769 293 Talisman Energy Inc. Deferred Share Units Dalton, William 4 30/09/2013 35 61,951 364 Robert Patrick Talisman Energy Inc. Deferred Share Units Dalton, William 4 30/09/2013 56 62,481 530 Robert Patrick Talisman Energy Inc. Deferred Share Units DUNNE, Kevin 4 30/09/2013 35 69,183 407 Stephen Talisman Energy Inc. Deferred Share Units Ebbern, Thomas 4 30/09/2013 35 13,157 77 William Talisman Energy Inc. Deferred Share Units Ebbern, Thomas 4 30/09/2013 56 14,769 1,612 William Talisman Energy Inc. Deferred Share Units Kvisle, Harold N. 4, 5 30/09/2013 35 1,040,492 265 Talisman Energy Inc. Deferred Share Units Kvisle, Harold N. 4, 5 30/09/2013 35 1,046,496 6,004 Talisman Energy Inc. Deferred Share Units Levitt, Brian 4 30/09/2013 35 19,202 113 Talisman Energy Inc. Deferred Share Units Levitt, Brian 4 30/09/2013 56 20,652 1,450 Talisman Energy Inc. Deferred Share Units ROONEY, 5 30/09/2013 35 21,822 131 ROBERT ROSS Talisman Energy Inc. Performance Share ROONEY, 5 30/09/2013 35 298,465 1,789 Units ROBERT ROSS Talisman Energy Inc. Deferred Share Units Smith, Paul Robert 5 30/09/2013 35 33,305 200
October 10, 2013 (2013) 36 OSCB 9969
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Talisman Energy Inc. Performance Share Smith, Paul Robert 5 30/09/2013 35 403,251 2,418 Units Talisman Energy Inc. Deferred Share Units STEWART, Lisa 4 30/09/2013 35 66,320 390 Anne Talisman Energy Inc. Deferred Share Units STEWART, Lisa 4 30/09/2013 56 67,893 1,573 Anne Talisman Energy Inc. Deferred Share Units Sykes, Henry 4 29/07/2013 00 William Talisman Energy Inc. Deferred Share Units Sykes, Henry 4 30/09/2013 56 11,712 11,712 William Talisman Energy Inc. Deferred Share Units TOMSETT, PETER 4 30/09/2013 35 68,002 401 WILLIAM Talisman Energy Inc. Deferred Share Units TOMSETT, PETER 4 30/09/2013 56 69,512 1,510 WILLIAM Talisman Energy Inc. Deferred Share Units Waites, Michael T. 4 30/09/2013 35 49,857 294 Talisman Energy Inc. Deferred Share Units Waites, Michael T. 4 30/09/2013 56 51,392 1,535 Talisman Energy Inc. Performance Share Warwick, Paul Cyril 5 30/09/2013 35 380,973 2,284 Units Talisman Energy Inc. Restricted Share Warwick, Paul Cyril 5 30/09/2013 35 57,004 342 Units Talisman Energy Inc. Performance Share WESLEY, HELEN 5 30/09/2013 35 267,367 1,603 Units JUNE Talisman Energy Inc. Deferred Share Units Williamson, Charles 4 30/09/2013 35 197,142 1,160 Ross Talisman Energy Inc. Deferred Share Units Williamson, Charles 4 30/09/2013 56 201,383 4,241 Ross Talisman Energy Inc. Deferred Share Units Winograd, Charles 4 30/09/2013 35 61,659 363 Talisman Energy Inc. Deferred Share Units Winograd, Charles 4 30/09/2013 56 62,719 1,060 Tartisan Resources Common Shares Burgess, Harry 4 30/09/2013 10 0.0512 389,000 30,000 Corp. Tartisan Resources Common Shares Burgess, Harry 4 30/09/2013 10 0.055 401,000 12,000 Corp. Teck Resources Deferred Share Units Ashar, Mayank 4 30/09/2013 56 27.68 27,662 541 Limited Mulraj Teck Resources Deferred Share Units Bennett, Jalynn H. 4 30/09/2013 56 27.68 26,033 270 Limited Teck Resources Deferred Share Units Cockwell, Jack 4 30/09/2013 56 23,612 541 Limited Lynn Teck Resources Deferred Share Units Dowling, Edward 4 30/09/2013 56 27.68 5,945 541 Limited Camp Teck Resources Deferred Share Units Kubota, Takeshi 4 30/09/2013 56 27.68 9,248 541 Limited Teck Resources Deferred Share Units Kuriyama, Takashi 4 30/09/2013 56 27.68 33,816 541 Limited Teck Resources Deferred Share Units Seyffert, Warren S. 4 30/09/2013 56 27.68 42,753 541 Limited R. TELUS Corporation Deferred Share Units Auchinleck, Richard 4 02/07/2013 30 110,570 1,164 H. (Dick) TELUS Corporation Deferred Share Units Auchinleck, Richard 4 30/09/2013 30 31.75 1,164 H. (Dick) TELUS Corporation Deferred Share Units Auchinleck, Richard 4 30/09/2013 30 31.75 1,164 H. (Dick) TELUS Corporation Deferred Share Units Auchinleck, Richard 4 30/09/2013 30 31.75 1,164 H. (Dick) TELUS Corporation Deferred Share Units Auchinleck, Richard 4 30/09/2013 30 34.58 111,224 654 H. (Dick) TELUS Corporation Deferred Share Units Baillie, A. Charles 4 02/07/2013 30 107,206 1,128 TELUS Corporation Deferred Share Units Baillie, A. Charles 4 30/09/2013 30 31.75 1,128 TELUS Corporation Deferred Share Units Baillie, A. Charles 4 30/09/2013 30 31.75 1,128 TELUS Corporation Deferred Share Units Baillie, A. Charles 4 30/09/2013 30 34.58 107,994 788 TELUS Corporation Deferred Share Units Day, Stockwell 4 30/09/2013 30 31.75 10,279 103 TELUS Corporation Deferred Share Units Day, Stockwell 4 30/09/2013 30 34.58 10,933 654 TELUS Corporation Deferred Share Units MacKinnon, William 4 30/09/2013 30 31.75 33,288 349 TELUS Corporation Deferred Share Units MacKinnon, William 4 30/09/2013 30 34.58 33,700 412 TELUS Corporation Deferred Share Units Manley, John Paul 4 30/09/2013 30 31.75 7,635 73 TELUS Corporation Deferred Share Units Manley, John Paul 4 30/09/2013 30 34.58 8,333 698 TELUS Corporation Common Shares TELUS Corporation 1 03/09/2013 38 32.973 2,200,000 1,500,000 TELUS Corporation Common Shares TELUS Corporation 1 03/09/2013 38 1,950,000 -250,000 TELUS Corporation Common Shares TELUS Corporation 1 04/09/2013 38 1,700,000 -250,000 TELUS Corporation Common Shares TELUS Corporation 1 05/09/2013 38 1,500,000 -200,000 TELUS Corporation Common Shares TELUS Corporation 1 06/09/2013 38 0 -1,500,000 TELUS Corporation Common Shares TELUS Corporation 1 09/09/2013 38 31.827 1,700,000 1,700,000 TELUS Corporation Common Shares TELUS Corporation 1 12/09/2013 38 0 -1,700,000 TELUS Corporation Common Shares TELUS Corporation 1 16/09/2013 38 32.048 1,500,000 1,500,000
October 10, 2013 (2013) 36 OSCB 9970
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed TELUS Corporation Common Shares TELUS Corporation 1 19/09/2013 38 0 -1,500,000 TELUS Corporation Common Shares TELUS Corporation 1 19/09/2013 38 34.565 100,000 100,000 TELUS Corporation Common Shares TELUS Corporation 1 20/09/2013 38 34.576 200,000 100,000 TELUS Corporation Common Shares TELUS Corporation 1 23/09/2013 38 33.526 300,000 100,000 TELUS Corporation Common Shares TELUS Corporation 1 23/09/2013 38 35.268 425,000 125,000 TELUS Corporation Common Shares TELUS Corporation 1 24/09/2013 38 35.733 446,512 21,512 TELUS Corporation Common Shares TELUS Corporation 1 24/09/2013 38 346,512 -100,000 TELUS Corporation Common Shares TELUS Corporation 1 25/09/2013 38 246,512 -100,000 TELUS Corporation Common Shares TELUS Corporation 1 26/09/2013 38 146,512 -100,000 TELUS Corporation Common Shares TELUS Corporation 1 26/09/2013 38 21,512 -125,000 TELUS Corporation Common Shares TELUS Corporation 1 27/09/2013 38 0 -21,512 Temex Resources Options Akerley, Peter 4 30/09/2013 50 0.13 800,000 200,000 Corp. Temex Resources Options Campbell, Ian 4 30/09/2013 50 2,060,000 1,000,000 Corp. James Temex Resources Options Gibson, Gregory 4 30/09/2013 50 800,000 300,000 Corp. Temex Resources Options Goldsack, Ronald 4 30/09/2013 50 700,000 200,000 Corp. M. Temex Resources Options Marion, Rene Luis 4 30/09/2013 50 950,000 200,000 Corp. Joseph Temex Resources Options Rees, Karen 5 30/09/2013 50 1,300,000 500,000 Corp. Joanne Temple Hotels Inc. Deferred Shares Hill Blaisdell, 4 30/09/2013 56 2,926 797 Rosanne Michelle Temple Hotels Inc. Deferred Shares Marlin, Rodney 4 01/10/2013 56 55,937 2,222 Frank Temple Hotels Inc. Deferred Shares McLean, Brent John 4 30/09/2013 56 3,104 522 Temple Hotels Inc. Deferred Shares Nunn, David John 4 30/09/2013 56 3,726 1,577 Temple Hotels Inc. Convertible Temple Hotels Inc. 1 27/09/2013 38 93.497 $46,000 $23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 30/09/2013 38 93.739 $69,000 $23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 30/09/2013 38 $46,000 -$23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 01/10/2013 38 93.75 $69,000 $23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 02/10/2013 38 $46,000 -$23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 03/10/2013 38 $23,000 -$23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 04/10/2013 38 93.49 $26,000 $3,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated Temple Hotels Inc. Convertible Temple Hotels Inc. 1 04/10/2013 38 $3,000 -$23,000 Debentures 7.00% Series F Convertible Redeemable Unsecured Subordinated
October 10, 2013 (2013) 36 OSCB 9971
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Temple Hotels Inc. Deferred Shares Wells, Douglas 4 31/12/2012 00 Norman Temple Hotels Inc. Deferred Shares Wells, Douglas 4 30/09/2013 56 195 195 Norman Terra Firma Capital Options Silber, Allan 3, 4 13/09/2013 51 0.2 100,000 Corporation Charles Terra Firma Capital Options Silber, Allan 3, 4 13/09/2013 51 0.2 100,000 Corporation Charles Terra Firma Options Clemiss, Conrad 4, 5 01/10/2013 00 Resources Inc. Terra Firma Options Clemiss, Conrad 4, 5 03/10/2013 50 0.05 1,000,000 1,000,000 Resources Inc. Terra Firma Options Nelson, James 4 18/07/2013 00 Resources Inc. Terra Firma Options Nelson, James 4 03/10/2013 50 0.05 250,000 250,000 Resources Inc. Terra Firma Options Thomson, Gregory 4 08/07/2013 00 Resources Inc. Terra Firma Options Thomson, Gregory 4 03/10/2013 50 0.05 100,000 100,000 Resources Inc. TerraVest Capital Inc. Common Shares Armoyan, Sime 3 01/10/2013 10 4.1003 1,977,500 -5,700 TerraVest Capital Inc. Common Shares Armoyan, Sime 3 02/10/2013 10 4.0582 1,973,500 -4,000 The Cash Store Common Shares BAKER, MICHAEL 5 30/09/2013 00 Financial Services Inc. PATRICK The Cash Store Common Shares BAKER, MICHAEL 5 30/09/2013 10 1.6 5,000 5,000 Financial Services Inc. PATRICK The Cash Store Common Shares OZANNE, DEAN 5 01/09/2013 00 27,950 Financial Services Inc. GORDON The Cash Store Common Shares Paetz, Kevin 5 30/09/2013 10 1.55 14,900 4,900 Financial Services Inc. The Churchill Rights Deferred Ballantyne, Richard 4 30/09/2013 56 9.4 2,941 2,128 Corporation Share Units (DSUs) Thomas The Churchill Rights Deferred Bellstedt, Albrecht 4 30/09/2013 56 9.4 36,547 2,660 Corporation Share Units (DSUs) Wilhelm Albert The Churchill Rights Deferred Graham, Roderick 4 30/09/2013 56 9.4 2,941 2,128 Corporation Share Units (DSUs) William The Churchill Rights Deferred Hanrahan, Wendy 4 30/09/2013 56 9.4 31,392 2,593 Corporation Share Units (DSUs) The Churchill Rights Deferred King, Harry 4 30/09/2013 56 9.4 29,238 2,128 Corporation Share Units (DSUs) The Churchill Rights Deferred Loberg, Carmen 4 30/09/2013 56 9.4 37,251 2,527 Corporation Share Units (DSUs) Richard The Churchill Rights Deferred mcpherson, allister 4 30/09/2013 56 9.4 29,237 2,128 Corporation Share Units (DSUs) john The Churchill Rights Deferred Reid, Ian MacNevin 4 30/09/2013 56 9.4 41,672 2,992 Corporation Share Units (DSUs) The Churchill Rights Deferred Schneider, George 4 30/09/2013 56 9.4 29,238 2,128 Corporation Share Units (DSUs) Michael The Churchill Rights Deferred Tod, Brian William 4 30/09/2013 56 9.4 29,238 2,128 Corporation Share Units (DSUs) Leslie The Toronto-Dominion Common Shares Hockey, Timothy 5 27/09/2013 47 92.3 9,971 -2,400 Bank CUSIP 891160 50 9 The Toronto-Dominion Common Shares Pahapill, Maryanne 5 25/09/2013 10 91.93 -1,420 Bank CUSIP 891160 50 9 Elisabeth The Toronto-Dominion Common Shares Pahapill, Maryanne 5 25/09/2013 10 91.93 -1,420 -1,420 Bank CUSIP 891160 50 9 Elisabeth The Toronto-Dominion Common Shares Pahapill, Maryanne 5 25/09/2013 10 91.93 1,420 Bank CUSIP 891160 50 9 Elisabeth The Toronto-Dominion Common Shares Pahapill, Maryanne 5 25/09/2013 10 91.93 0 1,420 Bank CUSIP 891160 50 9 Elisabeth The Toronto-Dominion Options Pahapill, Maryanne 5 25/09/2013 51 67.42 0 -1,420 Bank Elisabeth The Toronto-Dominion Options Pahapill, Maryanne 5 25/09/2013 10 91.93 1,420 Bank Elisabeth The Toronto-Dominion Options Pahapill, Maryanne 5 25/09/2013 10 91.93 1,420 Bank Elisabeth The Westaim Common Shares Delaney, Ian 4, 5 01/10/2013 36 3,354,712 -164,380,932 Corporation William The Westaim Common Shares Delaney, Ian 4, 5 01/10/2013 36 229,919 -11,266,063 Corporation William The Westaim Common Shares Delaney, Ian 4, 5 01/10/2013 36 764 -37,476 Corporation William
October 10, 2013 (2013) 36 OSCB 9972
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed The Westaim Common Shares Delaney, Ian 4, 5 01/10/2013 36 3,460 -169,540 Corporation William The Westaim Deferred Share Units Delaney, Ian 4, 5 01/10/2013 36 44,000 -2,156,000 Corporation William The Westaim Options Delaney, Ian 4, 5 01/10/2013 36 6,000 -294,000 Corporation William The Westaim Common Shares Gildner, John 4 01/10/2013 37 0 -2,898,391 Corporation William The Westaim Common Shares Gildner, John 4 01/10/2013 37 57,967 57,967 Corporation William The Westaim Deferred Share Units Gildner, John 4 01/10/2013 37 0 -1,920,000 Corporation William The Westaim Deferred Share Units Gildner, John 4 01/10/2013 37 38,400 38,400 Corporation William The Westaim Common Shares Kittel, Robert 5 01/10/2013 36 8,000 -392,000 Corporation Terrance The Westaim Common Shares Kittel, Robert 5 01/10/2013 36 670,717 -32,865,178 Corporation Terrance The Westaim Common Shares MacDonald, J. 3, 4 01/10/2013 36 -490,000 Corporation Cameron The Westaim Common Shares MacDonald, J. 3, 4 01/10/2013 36 -490,000 Corporation Cameron The Westaim Common Shares MacDonald, J. 3, 4 01/10/2013 36 10,000 -490,000 Corporation Cameron The Westaim Common Shares MacDonald, J. 3, 4 01/10/2013 36 2,732,899 -133,912,097 Corporation Cameron The Westaim Common Shares MacDonald, J. 3, 4 01/10/2013 36 2,000 -98,000 Corporation Cameron The Westaim Common Shares Puccetti, Peter H. 3, 4 01/10/2013 36 7,200 -352,800 Corporation The Westaim Common Shares Puccetti, Peter H. 3, 4 01/10/2013 36 340,899 -16,704,097 Corporation The Westaim Common Shares Puccetti, Peter H. 3, 4 01/10/2013 36 232 -11,368 Corporation The Westaim Common Shares Puccetti, Peter H. 3, 4 01/10/2013 36 327,728 -16,058,672 Corporation The Westaim Common Shares Rooney, Kevin 5 01/10/2013 36 1,000 -49,000 Corporation Gordon The Westaim Common Shares Sarfin, Jeffrey Alan 5 01/10/2013 36 3,000 -147,000 Corporation Theralase Common Shares Hachey, Kristina 5 24/09/2013 10 0.23 456,076 15,000 Technologies Inc. Maria Theralase Common Shares Hachey, Kristina 5 30/09/2013 10 0.22 461,076 5,000 Technologies Inc. Maria Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 03/09/2013 38 57.862 90,000 90,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 03/09/2013 38 0 -90,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 04/09/2013 38 57.906 90,000 90,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 04/09/2013 38 0 -90,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 05/09/2013 38 58.107 90,000 90,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 05/09/2013 38 0 -90,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 06/09/2013 38 57.883 78,900 78,900 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 06/09/2013 38 0 -78,900 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 09/09/2013 38 58.26 67,600 67,600 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 09/09/2013 38 0 -67,600 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 10/09/2013 38 58.032 634,400 634,400 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 10/09/2013 38 0 -634,400 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 11/09/2013 38 58.222 54,000 54,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 11/09/2013 38 0 -54,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 12/09/2013 38 58.541 55,000 55,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 12/09/2013 38 0 -55,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 13/09/2013 38 58.613 45,100 45,100 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 13/09/2013 38 0 -45,100 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 16/09/2013 38 59.005 54,500 54,500 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 16/09/2013 38 0 -54,500 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 17/09/2013 38 59.179 46,600 46,600 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 17/09/2013 38 0 -46,600 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 18/09/2013 38 59.427 55,000 55,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 18/09/2013 38 0 -55,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 19/09/2013 38 59.26 55,000 55,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 19/09/2013 38 0 -55,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 20/09/2013 38 59.191 67,900 67,900 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 20/09/2013 38 0 -67,900 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 23/09/2013 38 59.312 49,100 49,100 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 23/09/2013 38 0 -49,100 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 24/09/2013 38 59.547 49,900 49,900
October 10, 2013 (2013) 36 OSCB 9973
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 24/09/2013 38 0 -49,900 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 25/09/2013 38 59.481 35,700 35,700 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 25/09/2013 38 0 -35,700 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 26/09/2013 38 59.901 41,200 41,200 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 26/09/2013 38 0 -41,200 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 27/09/2013 38 59.531 65,000 65,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 27/09/2013 38 0 -65,000 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 30/09/2013 38 59.712 64,500 64,500 Tim Hortons Inc. Common Shares Tim Hortons Inc. 1 30/09/2013 38 0 -64,500 Tim Hortons Inc. Common Shares Wuthmann, 5 30/09/2013 00 1,453 Stephen Tim Hortons Inc. Options (stock Wuthmann, 5 30/09/2013 00 appreciation rights Stephen may/may not be granted in tandem) Tim Hortons Inc. Restricted Stock Wuthmann, 5 30/09/2013 00 Units Stephen Timbercreek Mortgage Class A Shares Timbercreek 1 27/09/2013 38 9.2 25,000 25,000 Investment Mortgage Corporation Investment Corporation Timbercreek Mortgage Class A Shares Timbercreek 1 27/09/2013 38 9.2 0 -25,000 Investment Mortgage Corporation Investment Corporation Timbercreek Senior Class A Shares Timbercreek Senior 1 27/09/2013 38 8.9 7,500 7,500 Mortgage Investment Mortgage Corporation Investment Corporation Timbercreek Senior Class A Shares Timbercreek Senior 1 27/09/2013 38 8.9 0 -7,500 Mortgage Investment Mortgage Corporation Investment Corporation Tirex Resources Ltd. Common Shares Slusarchuk, Bryan 4 09/07/2013 11 1,006,000 -250,000 James Rees Tirex Resources Ltd. Common Shares Slusarchuk, Bryan 4 11/09/2013 10 0.315 1,009,500 3,500 James Rees Tirex Resources Ltd. Common Shares Slusarchuk, Bryan 4 11/09/2013 10 0.3255 1,015,000 5,500 James Rees Tirex Resources Ltd. Common Shares Slusarchuk, Bryan 4 11/09/2013 10 0.3231 1,111,500 96,500 James Rees Titan Medical Inc. Common Shares Rayman, Reiza 3 24/07/2013 51 0.31 4,923,917 146,740 Titan Medical Inc. Options Rayman, Reiza 3 24/07/2013 51 0.31 467,873 -146,740 Toromont Industries Rights Deferred Casson, Randall 7, 2 01/10/2013 56 14,165 80 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred Chisholm, Jeffrey 4 30/09/2013 56 4,685 233 Ltd. Share Units (cash Scott settled) Toromont Industries Rights Deferred Chisholm, Jeffrey 4 01/10/2013 56 4,710 25 Ltd. Share Units (cash Scott settled) Toromont Industries Rights Deferred Cranston, Cathryn 4 30/09/2013 56 712 233 Ltd. Share Units (cash Elizabeth settled) Toromont Industries Rights Deferred Cranston, Cathryn 4 01/10/2013 56 715 3 Ltd. Share Units (cash Elizabeth settled) Toromont Industries Rights Deferred Cuddy, Mike 7 01/10/2013 56 9,151 51 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred Franklin, Robert 4 30/09/2013 56 23,555 325 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred Franklin, Robert 4 01/10/2013 56 23,686 131 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred GALLOWAY, 4 30/09/2013 56 40,745 628 Ltd. Share Units (cash DAVID settled) ALEXANDER Toromont Industries Rights Deferred GALLOWAY, 4 01/10/2013 56 40,971 226 Ltd. Share Units (cash DAVID settled) ALEXANDER Toromont Industries Rights Deferred Hill, Wayne S. 4, 5 01/10/2013 56 2,132 12 Ltd. Share Units (cash settled)
October 10, 2013 (2013) 36 OSCB 9974
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Toromont Industries Rights Deferred Jewer, Paul 5 01/10/2013 56 28,879 162 Ltd. Share Units (cash Randolph settled) Toromont Industries Rights Deferred McCallum, John S. 4 01/10/2013 56 2,132 12 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred McLeod, Steven 5 01/10/2013 56 3,056 17 Ltd. Share Units (cash Douglas settled) Toromont Industries Rights Deferred Medhurst, Scott 4, 5 01/10/2013 56 10,030 56 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred Ogilvie, Robert M. 4, 5 01/10/2013 56 22,683 127 Ltd. Share Units (cash settled) Toromont Industries Rights Deferred Rethy, Katherine 4 30/09/2013 56 712 233 Ltd. Share Units (cash Anne settled) Toromont Industries Rights Deferred Rethy, Katherine 4 01/10/2013 56 715 3 Ltd. Share Units (cash Anne settled) Toromont Industries Rights Deferred Wetherald, David 5 01/10/2013 56 12,632 71 Ltd. Share Units (cash settled) Torstar Corporation Rights Deferred Babick, Donald 4 30/09/2013 56 30,479 1,812 Share Units Torstar Corporation Rights Deferred Berger, Elaine 4 30/09/2013 56 26,366 1,715 Share Units Margaret Ellen Torstar Corporation Rights Deferred Cruickshank, John 5 30/09/2013 56 14,518 342 Share Units Douglas Torstar Corporation Rights Deferred Dea, Joan 4 30/09/2013 56 29,117 1,779 Share Units Torstar Corporation Rights Deferred Harvey, Campbell 3, 4 30/09/2013 56 33,588 1,885 Share Units Russell Torstar Corporation Rights Deferred Holland, David 4, 5 30/09/2013 56 43,915 1,035 Share Units Patrick Torstar Corporation Rights Deferred Honderich, John 3, 4 30/09/2013 56 30,854 1,821 Share Units Allen Torstar Corporation Rights Deferred Hughes, Linda 4 30/09/2013 56 19,230 2,444 Share Units Torstar Corporation Rights Deferred Jauernig, Daniel 4 30/09/2013 56 48,574 4,123 Share Units Torstar Corporation Rights Deferred Oliver, Ian Alan 7 30/09/2013 56 14,262 336 Share Units Torstar Corporation Rights Deferred Samji, Alnasir 4 30/09/2013 56 40,978 2,059 Share Units Hussein Habib Torstar Corporation Rights Deferred Strachan, Dorothy 4 30/09/2013 56 3,373 2,071 Share Units Ann Regina Torstar Corporation Rights Deferred Thall, Martin 4 30/09/2013 56 33,588 1,885 Share Units Torstar Corporation Rights Deferred Weiss, Paul 4 30/09/2013 56 29,699 1,793 Share Units Raymond Torstar Corporation Rights Deferred Yaffe, Phyllis 4 30/09/2013 56 31,271 2,702 Share Units Total Energy Services Common Shares Kwasnicia, Randy 4 02/10/2013 10 17.75 95,800 600 Inc. Total Energy Services Common Shares Pachkowski, Bruce 4 27/09/2013 10 18.14 347,700 10,000 Inc. Lawrence Total Energy Services Common Shares Pachkowski, Bruce 4 27/09/2013 10 18.14 0 -10,000 Inc. Lawrence Total Energy Services Common Shares Pachkowski, Bruce 4 04/10/2013 10 17.95 155,300 3,000 Inc. Lawrence Total Energy Services Common Shares Total Energy 1 30/09/2013 38 0 -49,800 Inc. Services Inc TransCanada Rights Deferred Reynolds, Paula 4 31/12/2011 56 330 Corporation Share Units Rosput TransCanada Rights Deferred Reynolds, Paula 4 31/12/2011 56 342 342 Corporation Share Units Rosput TransCanada Rights Deferred Reynolds, Paula 4 31/12/2012 56 3,228 Corporation Share Units Rosput TransCanada Rights Deferred Reynolds, Paula 4 31/12/2012 56 3,568 3,226 Corporation Share Units Rosput Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 27/09/2013 10 14.6 59,740 -4,800 Shares Catégorie A 5
October 10, 2013 (2013) 36 OSCB 9975
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 27/09/2013 10 14.61 54,840 -4,900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 27/09/2013 10 14.62 54,640 -200 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.8 52,840 -1,800 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.81 51,840 -1,000 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.82 49,940 -1,900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.84 48,940 -1,000 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.85 47,640 -1,300 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.86 46,740 -900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.9 44,540 -2,200 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 13.91 42,340 -2,200 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.92 42,240 -100 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.93 41,840 -400 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.94 38,540 -3,300 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.96 37,240 -1,300 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 14.98 31,440 -5,800 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 15.04 28,540 -2,900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 15.09 27,740 -800 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 01/10/2013 10 15.13 22,740 -5,000 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.25 20,840 -1,900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.28 18,940 -1,900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.3 18,740 -200 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.33 18,640 -100 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.35 15,740 -2,900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.4 12,140 -3,600 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.41 11,940 -200 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.42 11,740 -200 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.43 10,840 -900 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 02/10/2013 10 15.44 10,740 -100 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 03/10/2013 10 14.9 7,740 -3,000 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 03/10/2013 10 15 4,740 -3,000 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 03/10/2013 10 15.03 2,940 -1,800 Shares Catégorie A 5 Transcontinental Inc. Subordinate Voting Olivier, François 4, 7, 03/10/2013 10 15.04 2,740 -200 Shares Catégorie A 5 TransForce Inc. Deferred Share Units Bédard, Alain 4, 5 30/09/2013 56 13,660 437 TransForce Inc. Deferred Share Units Bérard, André 4 30/09/2013 56 57,331 1,506 TransForce Inc. Deferred Share Units Bouchard, Lucien 4 30/09/2013 56 35,041 989 TransForce Inc. Deferred Share Units Guay, Richard 4, 5 30/09/2013 56 28,025 589 TransForce Inc. Deferred Share Units Manning, Neil 4 30/09/2013 56 2,165 995 Donald
October 10, 2013 (2013) 36 OSCB 9976
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed TransForce Inc. Deferred Share Units MUSACCHIO, 4 30/09/2013 56 2,803 463 VINCENT TransForce Inc. Deferred Share Units ROGERS, Ronald 4 30/09/2013 56 20,149 555 D. TransForce Inc. Deferred Share Units Saputo, Joey 4 30/09/2013 56 21.74 22,655 497 Trican Well Service Rights Deferred Pourbaix, Alex 4 30/09/2013 56 19,303 839 Ltd. Share Units (DSUs) Trican Well Service Rights Deferred Taylor, Dean 4 30/09/2013 56 13,578 473 Ltd. Share Units (DSUs) Edward Trinidad Drilling Ltd. Rights Deferred Bentz, Brian C. 4 01/10/2013 35 26,486 129 Share Units Trinidad Drilling Ltd. Common Shares Bolster, Lesley 5 01/10/2013 30 856 136 Marie Trinidad Drilling Ltd. Rights Performance Bolster, Lesley 5 01/10/2013 35 94,642 460 Share Units Marie Trinidad Drilling Ltd. Rights Deferred Brown, Robert 4 01/10/2013 35 26,486 129 Share Units James Trinidad Drilling Ltd. Rights Deferred Burden, Brian 4 11/09/2013 00 Share Units Trinidad Drilling Ltd. Rights Deferred Burden, Brian 4 02/10/2013 56 2,230 2,230 Share Units Trinidad Drilling Ltd. Rights Performance Clemett, Jason 5 01/10/2013 35 232,862 1,131 Share Units John Trinidad Drilling Ltd. Common Shares Conway, Brent John 5 01/10/2013 30 3,583 22 Trinidad Drilling Ltd. Common Shares Conway, Brent John 5 01/10/2013 30 12,187 358 Trinidad Drilling Ltd. Rights Performance Conway, Brent John 5 01/10/2013 35 308,693 1,500 Share Units Trinidad Drilling Ltd. Rights Performance Foreman, Rodney 5 01/10/2013 35 26,230 128 Share Units Ruel Trinidad Drilling Ltd. Rights Deferred Halford, David 4 11/09/2013 00 Share Units William Trinidad Drilling Ltd. Rights Deferred Halford, David 4 02/10/2013 56 2,230 2,230 Share Units William Trinidad Drilling Ltd. Rights Deferred Heier, Michael 4 01/10/2013 35 77,365 377 Share Units Erskine Trinidad Drilling Ltd. Rights Performance Lachance, Adrian 5 01/10/2013 35 213,032 1,035 Share Units Victor Trinidad Drilling Ltd. Rights Deferred Powers, Lewis 4 01/10/2013 35 77,365 377 Share Units Wetzel Jody Trinidad Drilling Ltd. Rights Deferred Stickland, Ken 4 01/10/2013 35 77,365 377 Share Units Stanley Trinidad Drilling Ltd. Rights Performance Whelan, Michele 5 01/10/2013 35 23,018 112 Share Units Lee Trinidad Drilling Ltd. Rights Performance Whitmarsh, Lyle 4 01/10/2013 35 708,059 3,440 Share Units Clarence True North Apartment Trust Units True North 1 23/09/2013 00 Real Estate Apartment Real Investment Trust Estate Investment Trust True North Apartment Trust Units True North 1 23/09/2013 30 8.1413 11,116 11,116 Real Estate Apartment Real Investment Trust Estate Investment Trust True North Apartment Trust Units True North 1 24/09/2013 30 8.1881 22,016 10,900 Real Estate Apartment Real Investment Trust Estate Investment Trust True North Apartment Trust Units True North 1 25/09/2013 30 8.2708 33,132 11,116 Real Estate Apartment Real Investment Trust Estate Investment Trust True North Apartment Trust Units True North 1 26/09/2013 38 22,016 -11,116 Real Estate Apartment Real Investment Trust Estate Investment Trust True North Apartment Trust Units True North 1 26/09/2013 30 8.28 33,132 11,116 Real Estate Apartment Real Investment Trust Estate Investment Trust True North Apartment Trust Units True North 1 30/09/2013 38 0 -33,132 Real Estate Apartment Real Investment Trust Estate Investment Trust Trueclaim Exploration Common Shares Silverpoint Equity 3 26/09/2013 10 0.045 15,189,000 400,000 Inc. Ltd.
October 10, 2013 (2013) 36 OSCB 9977
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed TSO3 inc. Common Shares Deschamps, Benoît 5 02/10/2013 30 0.8026 47,275 1,346 Twin Butte Energy Common Shares Bowman, Robert D. 5 04/10/2013 30 2.14 38,782 1,305 Ltd. Twin Butte Energy Common Shares Cathcart, Neil 5 04/10/2013 30 2.14 391,473 1,305 Ltd. Thomes Twin Butte Energy Common Shares Gamache, Claude 5 04/10/2013 30 2.14 252,151 1,305 Ltd. Maurice Twin Butte Energy Common Shares Hall, Bruce William 5 04/10/2013 30 2.14 472,187 1,631 Ltd. Twin Butte Energy Common Shares Howe, Gordon 5 04/10/2013 30 2.14 7,719 893 Ltd. Twin Butte Energy Common Shares Kraft, Preston 5 04/10/2013 30 2.14 119,728 1,359 Ltd. Twin Butte Energy Common Shares SAUNDERS, 4, 5 04/10/2013 30 2.14 4,645,651 1,903 Ltd. JAMES MACLEO Twin Butte Energy Common Shares Steele, Alan 5 04/10/2013 30 2.14 986,888 1,981 Ltd. Uni-Sélect Inc. Unités d'actions Buzzard, James E. 4 30/09/2013 56 23.752 4,393 1,000 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Chevrier, Robert 4 30/09/2013 56 23.752 16,504 2,631 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Curadeau-Grou, 4 30/09/2013 56 23.752 1,904 926 différées (UAD) / Patricia Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Desjardins, Pierre 4 30/09/2013 56 23.752 1,132 211 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Dulac, Jean 4 30/09/2013 56 23.752 1,132 211 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Hanna, John A. 4 30/09/2013 56 23.752 4,665 1,126 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Keister, Richard 4 30/09/2013 56 23.752 2,074 926 différées (UAD) / Lewis Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Marleau, Hubert 4 30/09/2013 56 23.752 1,132 211 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Common Shares Mathieu, Denis 5 30/09/2013 10 23.1 21,200 200 Uni-Sélect Inc. Common Shares Mathieu, Denis 5 30/09/2013 10 23.21 21,400 200 Uni-Sélect Inc. Common Shares Mathieu, Denis 5 30/09/2013 10 23.22 21,600 200 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 26/09/2013 38 23.56 800 800 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 26/09/2013 38 23.56 0 -800 Uni-Sélect Inc. Unités d'actions Welvaert, Dennis 4 31/07/2013 00 différées (UAD) / Deferred Share Unit Plan Uni-Sélect Inc. Unités d'actions Welvaert, Dennis 4 30/09/2013 56 23.752 458 458 différées (UAD) / Deferred Share Unit Plan United Corporations Common Shares E-L Financial 3 01/10/2013 10 62.9 6,239,459 300 Limited Corporation Limited United Corporations Common Shares E-L Financial 3 02/10/2013 10 63 6,243,759 4,300 Limited Corporation Limited United Corporations Common Shares E-L Financial 3 03/10/2013 10 63 6,244,359 600 Limited Corporation Limited Ur-Energy Inc. Common Shares Klenda, Jeffrey T. 5 04/10/2013 10 1.07 5,000 -5,000 Ur-Energy Inc. Common Shares Klenda, Jeffrey T. 5 04/10/2013 10 1.07 55,000 -5,000 Urbanimmersive Common Shares McDonald, James 4 30/09/2013 10 0.2 529,360 10,000 Technologies Inc.
October 10, 2013 (2013) 36 OSCB 9978
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Urbanimmersive Common Shares Robidoux, Daniel 4 19/08/2011 00 Technologies Inc. Urbanimmersive Common Shares Robidoux, Daniel 4 30/09/2013 10 0.15 27,500 27,500 Technologies Inc. Urbanimmersive Common Shares Robidoux, Daniel 4 30/09/2013 10 0.25 32,000 4,500 Technologies Inc. Valeant Rights Restricted Farmer, Ron 4 30/09/2013 56 15,776 251 Pharmaceuticals Share Units (RSUs) International, Inc. Valeant Rights Restricted Melas-Kyriazi, Theo 4 30/09/2013 56 73,190 281 Pharmaceuticals Share Units (RSUs) International, Inc. Valeant Rights Restricted Provencio, Norma 4 30/09/2013 56 49,179 365 Pharmaceuticals Share Units (RSUs) Ann International, Inc. Valeant Common Shares Valeant 1 30/09/2013 38 104.07 76 76 Pharmaceuticals Pharmaceuticals International, Inc. International, Inc. Valeant Common Shares Valeant 1 04/10/2013 38 0 -76 Pharmaceuticals Pharmaceuticals International, Inc. International, Inc. VentriPoint Options Adams, George 4, 5 04/10/2013 50 0.1 0 -2,000,000 Diagnostics Ltd. (formerly Luca Capital Inc.) VentriPoint Options Briant, Ellen 5 04/10/2013 50 500,000 250,000 Diagnostics Ltd. Elizabeth (formerly Luca Capital Inc.) VentriPoint Options Gatewood, Jerry 5 04/10/2013 00 250,000 Diagnostics Ltd. Leo (formerly Luca Capital Inc.) Vermilion Energy Inc. Common Shares Macdonald, Larry 4 27/09/2013 10 57 54,638 -100 Vermilion Energy Inc. Common Shares Macdonald, Larry 4 30/09/2013 10 57 44,738 -9,900 Vicwest Inc. Deferred Share Units Berrill, Fraser 4 01/10/2013 56 80,936 2,621 Reeve Vicwest Inc. Deferred Share Units Berrill, Fraser 4 03/10/2013 56 2,621 Reeve Vicwest Inc. Deferred Share Units Berrill, Fraser 4 03/10/2013 56 2,621 Reeve Vicwest Inc. Deferred Share Units Hampson, Philip 4 01/10/2013 56 13,250 R.O. Vicwest Inc. Deferred Share Units Hampson, Philip 4 01/10/2013 56 13,250 R.O. Vicwest Inc. Deferred Share Units Hampson, Philip 4 01/10/2013 56 57,727 1,021 R.O. Vicwest Inc. Deferred Share Units Mang, Wayne Paul 4 01/10/2013 56 35,602 1,561 Elton Vicwest Inc. Deferred Share Units Manning, Neil 4 01/10/2013 56 8,480 1,465 Donald Vicwest Inc. Common Shares Osborne, Colin 5 01/01/2011 00 Vicwest Inc. Common Shares Osborne, Colin 5 02/10/2013 90 12.51 11,653 Vicwest Inc. Common Shares Osborne, Colin 5 02/10/2013 90 12.51 11,653 Vicwest Inc. Common Shares Osborne, Colin 5 02/10/2013 90 12.51 131,791 -11,653 Virtutone Networks Common Shares Allen, Jason 4, 5 02/10/2013 10 0.235 4,371,500 2,500 Inc. (formerly Sawhill Capital Ltd.) Vista Gold Corp. RSU Adshead-Bell, 4 30/04/2013 11 -32,028 Nicole Vista Gold Corp. RSU Adshead-Bell, 4 30/05/2013 38 0 -32,028 Nicole Vitran Corporation Inc. Common Shares Clarke Inc. 3 30/09/2013 00 1,644,130 Vitran Corporation Inc. Deferred Share Unit Deluce, William 4 30/09/2013 97 11,061 1,751 Vitran Corporation Inc. Deferred Share Unit Gossling, John 4 30/09/2013 97 10,810 1,751 Richard Vitran Corporation Inc. Deferred Share Unit Hébert, Georges 4 30/09/2013 97 11,061 1,751 Vitran Corporation Inc. Deferred Share Unit McClimon, David 4 30/09/2013 97 3,043 1,751 Vitran Corporation Inc. Deferred Share Unit McGraw, Richard 4 30/09/2013 97 13,556 3,001 Vitran Corporation Inc. Deferred Share Units Suleman, Fayaz 5 30/09/2013 97 8,758 1,000 (B) Vivione Biosciences Warrants Smith, Glenn 3 19/04/2013 00 4,670,700 Inc. William Vincent Vivione Biosciences Warrants Smith, Glenn 3 30/09/2013 11 5,070,700 400,000 Inc. William Vincent
October 10, 2013 (2013) 36 OSCB 9979
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Wajax Corporation Rights Directors' Barrett, Edward 4 30/09/2013 56 37.7 22,846 232 Deferred Share Unit Malcolm Plan Wajax Corporation Rights Directors' Bourne, Ian 4 30/09/2013 56 37.7 12,359 348 Deferred Share Unit Alexander Plan Wajax Corporation Rights Directors' Carty, Douglas 4 30/09/2013 56 37.7 6,178 232 Deferred Share Unit Plan Wajax Corporation Rights Directors' Dexter, Robert P. 4 30/09/2013 56 37.7 49,850 710 Deferred Share Unit Plan Wajax Corporation Rights Directors' Eby, John Clifford 4 30/09/2013 56 37.7 13,290 336 Deferred Share Unit Plan Wajax Corporation Rights Directors' Gagne, Paul Ernest 4 30/09/2013 56 37.7 33,382 663 Deferred Share Unit Plan Wajax Corporation Rights Directors' Hole, James 4 30/09/2013 56 37.7 23,309 610 Deferred Share Unit Douglas Plan Wajax Corporation Rights Directors' Taylor, Alelxander 4 30/09/2013 56 37.7 7,140 232 Deferred Share Unit S. Plan Waldron Energy Common Shares MM Asset 3 01/10/2013 10 0.44 4,719,000 1,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 01/09/2013 10 0.44 8,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 01/09/2013 10 0.44 8,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 01/09/2013 10 0.44 5,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 01/09/2013 10 0.44 14,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 01/09/2013 10 0.44 8,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 01/09/2013 10 0.44 9,500 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 13/09/2013 10 0.44 175,000 8,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 13/09/2013 10 0.44 183,500 8,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 13/09/2013 10 0.44 188,500 5,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 13/09/2013 10 0.44 202,500 14,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 13/09/2013 10 0.44 210,500 8,000 Corporation Management Inc. Waldron Energy Common Shares MM Asset 3 13/09/2013 10 0.44 220,000 9,500 Corporation Management Inc. Walton Edgemont Debentures Interest Doherty, William 5 15/07/2011 00 Development Debentures Kevin Corporation Walton Edgemont Debentures Interest Doherty, William 5 30/09/2013 36 $8,628 $8,628 Development Debentures Kevin Corporation Walton Edgemont Debentures Interest Fryers, Clifford 4 15/07/2011 00 Development Debentures Howard Corporation Walton Edgemont Debentures Interest Fryers, Clifford 4 30/09/2013 36 $8,988 $8,988 Development Debentures Howard Corporation Walton Edgemont Debentures Interest Fryers, Leslie Lee 5 15/07/2011 00 Development Debentures Corporation Walton Edgemont Debentures Interest Fryers, Leslie Lee 5 30/09/2013 36 $8,988 $8,988 Development Debentures Corporation Walton Edgemont Debentures Interest Hagan, Jon 4 15/07/2011 00 Development Debentures Corporation
October 10, 2013 (2013) 36 OSCB 9980
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Walton Edgemont Debentures Interest Hagan, Jon 4 30/09/2013 36 $5,992 $5,992 Development Debentures Corporation Walton Edgemont Debentures Interest Nixon, Donald Blair 5 15/07/2011 00 Development Debentures Corporation Walton Edgemont Debentures Interest Nixon, Donald Blair 5 30/09/2013 36 $5,992 $5,992 Development Debentures Corporation Walton Edgemont Debentures Interest Walton Global 7 30/09/2011 00 Development Debentures Investments Ltd. Corporation Walton Edgemont Debentures Interest Walton Global 7 30/09/2013 36 $94,417 $94,417 Development Debentures Investments Ltd. Corporation West Fraser Timber Deferred Share Unit Binkley, Clark 4 30/09/2013 56 17,847 429 Co. Ltd. West Fraser Timber Deferred Share Unit Gibson, J. Duncan 4 30/09/2013 56 7,946 205 Co. Ltd. West Fraser Timber Deferred Share Unit Ketcham, Samuel 4 30/09/2013 56 2,495 205 Co. Ltd. Wright West Fraser Timber Deferred Share Unit Ludwig, Harald 4 30/09/2013 56 17,276 296 Co. Ltd. Horst West Fraser Timber Deferred Share Unit Miller, Gerald 4 30/09/2013 56 1,496 205 Co. Ltd. West Fraser Timber Deferred Share Unit Phillips, Robert L. 4 30/09/2013 56 2,495 205 Co. Ltd. West Fraser Timber Deferred Share Unit Rennie, Janice 4 30/09/2013 56 8,092 205 Co. Ltd. Gaye West Fraser Timber Common Shares West Fraser Timber 1 17/09/2013 00 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 17/09/2013 38 89.205 31,077 31,077 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 17/09/2013 38 0 -31,077 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 19/09/2013 38 88.53 1,200 1,200 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 19/09/2013 38 0 -1,200 Co. Ltd. Co. Ltd. West Red Lake Gold Common Shares Meredith, Thomas 4 02/10/2013 10 0.04 664,467 100,000 Mines Inc.(Formerly Wright Hy Lake Gold Inc.) Western Lithium USA Common Shares Flood, R. Edward 4 30/09/2013 00 150,000 Corporation Western Lithium USA Common Shares Flood, R. Edward 4 30/09/2013 00 934,400 Corporation Western Lithium USA Options Flood, R. Edward 4 30/09/2013 00 400,000 Corporation Western Lithium USA Common Shares Orion Mine Finance 3 24/09/2013 00 20,324,500 Corporation (Master) Fund I LP (formerly RK Mine Finance (Master) Fund II L.P.) Western Potash Corp. Common Shares Doyle, Buddy 4 02/10/2013 10 0.405 1,190,000 -20,000 James Western Potash Corp. Common Shares Doyle, Buddy 4 03/10/2013 10 0.405 1,179,000 -11,000 James Western Potash Corp. Common Shares LIU, Lijie 6 20/06/2013 00 45,040,876 Western Potash Corp. Common Shares LIU, Lijie 6 20/06/2013 00 Western Potash Corp. Common Shares MA, Zhimao 6 20/06/2013 00 45,040,876 Western Potash Corp. Common Shares MA, Zhimao 6 20/06/2013 00 Western Potash Corp. Common Shares PAN, Genpin 6 20/06/2013 00 45,040,876 Western Potash Corp. Common Shares PAN, Genpin 6 20/06/2013 00 Western Potash Corp. Common Shares YANG, Yexin 4, 6 20/06/2013 00 45,040,876 Western Potash Corp. Common Shares YANG, Yexin 4, 6 01/06/2013 00 Western Potash Corp. Common Shares YANG, Yexin 4, 6 20/06/2013 00 Western Potash Corp. Common Shares ZHOU, Renlin 6 20/06/2013 00 45,040,876 Western Potash Corp. Common Shares ZHOU, Renlin 6 20/06/2013 00 WestJet Airlines Ltd. Rights Deferred Beddoe, Clive 5 30/09/2013 56 628 201 Share Units WestJet Airlines Ltd. Rights Deferred Beddoe, Clive 5 30/09/2013 56 630 2 Share Units
October 10, 2013 (2013) 36 OSCB 9981
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed WestJet Airlines Ltd. Rights Deferred Bolton, Hugh John 4 30/09/2013 56 17,884 72 Share Units WestJet Airlines Ltd. Rights Deferred Bolton, Hugh John 4 30/09/2013 56 18,185 301 Share Units WestJet Airlines Ltd. Rights Deferred Brenneman, Ron A. 4 30/09/2013 56 940 301 Share Units WestJet Airlines Ltd. Rights Deferred Brenneman, Ron A. 4 30/09/2013 56 943 3 Share Units WestJet Airlines Ltd. Rights Deferred Godfrey, Brett Alan 4 30/09/2013 56 940 301 Share Units WestJet Airlines Ltd. Rights Deferred Godfrey, Brett Alan 4 30/09/2013 56 943 3 Share Units WestJet Airlines Ltd. Rights Deferred Jackson, Allan 4 30/09/2013 56 32,312 831 Share Units William WestJet Airlines Ltd. Rights Deferred Jackson, Allan 4 30/09/2013 56 32,439 127 Share Units William WestJet Airlines Ltd. Rights Deferred Jackson, Steven 4 30/09/2013 56 19,106 882 Share Units Barry WestJet Airlines Ltd. Rights Deferred Jackson, Steven 4 30/09/2013 56 19,179 73 Share Units Barry WestJet Airlines Ltd. Rights Deferred Matthews, Wilmot 4 30/09/2013 56 25,958 882 Share Units Leslie WestJet Airlines Ltd. Rights Deferred Matthews, Wilmot 4 30/09/2013 56 26,059 101 Share Units Leslie WestJet Airlines Ltd. Rights Deferred Menard, L. Jacques 4 30/09/2013 56 3,779 301 Share Units WestJet Airlines Ltd. Rights Deferred Menard, L. Jacques 4 30/09/2013 56 3,793 14 Share Units WestJet Airlines Ltd. Rights Deferred Pollock, Laurence 4 30/09/2013 56 940 301 Share Units Malcolm WestJet Airlines Ltd. Rights Deferred Pollock, Laurence 4 30/09/2013 56 943 3 Share Units Malcolm WestJet Airlines Ltd. Rights Deferred Rennie, Janice 4 30/09/2013 56 7,953 801 Share Units Gaye WestJet Airlines Ltd. Rights Deferred Rennie, Janice 4 30/09/2013 56 7,982 29 Share Units Gaye WestJet Airlines Ltd. Rights Deferred Scace, Arthur R.A. 4 30/09/2013 56 11,290 401 Share Units WestJet Airlines Ltd. Rights Deferred Scace, Arthur R.A. 4 30/09/2013 56 11,334 44 Share Units WhiteKnight Common Shares Green, Andrew 5 23/09/2013 00 384,282 Acquisitions II Inc. Douglas WhiteKnight Common Shares Oakwest 3 24/09/2013 00 Acquisitions II Inc. Corporation Limited WhiteKnight Common Shares Oakwest 3 24/09/2013 15 0.33 22,962,382 22,962,382 Acquisitions II Inc. Corporation Limited Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 05/09/2013 38 3.395 20,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 06/09/2013 38 3.395 136,200 20,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 23/09/2013 38 4.0124 306,000 10,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 24/09/2013 38 4.1037 316,000 10,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 25/09/2013 38 4.096 326,000 10,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 26/09/2013 38 4.0768 334,500 8,500 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 27/09/2013 38 4.0697 344,500 10,000 Wildcat Exploration Common Shares Knowles, John 4, 5 27/09/2013 10 0.075 146,678 22,000 Ltd. Lewis Williams Creek Gold Common Shares Interinvest 3 27/09/2013 10 0.135 15,041,279 39,000 Limited Corporation Williams Creek Gold Common Shares Interinvest 3 27/09/2013 90 14,968,779 -72,500 Limited Corporation Williams Creek Gold Common Shares Interinvest 3 30/09/2013 10 0.14 14,985,779 17,000 Limited Corporation Williams Creek Gold Common Shares Interinvest 3 01/10/2013 10 0.12 14,995,779 10,000 Limited Corporation Williams Creek Gold Common Shares Interinvest 3 02/10/2013 10 0.13 14,997,779 2,000 Limited Corporation Windarra Minerals Ltd. Common Shares Wesdome Gold 3 30/09/2013 00 Mines Ltd Windarra Minerals Ltd. Common Shares Wesdome Gold 3 30/09/2013 22 40,147,409 40,147,409 Mines Ltd Windarra Minerals Ltd. Common Shares Wesdome Gold 3 01/10/2013 00 Mines Ltd
October 10, 2013 (2013) 36 OSCB 9982
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Windarra Minerals Ltd. Common Shares Wesdome Gold 3 01/10/2013 22 40,147,409 Mines Ltd Windarra Minerals Ltd. Common Shares Wesdome Gold 3 01/10/2013 22 40,147,409 Mines Ltd XPEL Common Shares Hartt, Timothy Allen 4, 5 19/09/2013 10 1.2 1,025,900 -45,000 TECHNOLOGIES CORP. Xtra-Gold Resources Common Shares Longshore, James 7 02/10/2013 10 0.385 839,684 2,000 Corp. Xtra-Gold Resources Common Shares Xtra-Gold 1 02/10/2013 38 0.39 2,200 2,200 Corp. Resources Corp. Xtra-Gold Resources Common Shares Xtra-Gold 1 02/10/2013 38 0 -2,200 Corp. Resources Corp. Xtra-Gold Resources Common Shares Xtra-Gold 1 03/10/2013 38 0.39 2,200 2,200 Corp. Resources Corp. Xtra-Gold Resources Common Shares Xtra-Gold 1 03/10/2013 38 0 -2,200 Corp. Resources Corp. Xtreme Drilling and Common Shares Havinga, Richard 5 30/09/2013 51 2.99 254,665 9,600 Coil Services Corp. Xtreme Drilling and Common Shares Havinga, Richard 5 30/09/2013 10 3.75 245,065 -9,600 Coil Services Corp. Xtreme Drilling and Options Havinga, Richard 5 30/09/2013 51 2.99 320,800 -9,600 Coil Services Corp. Yangaroo Inc. Common Shares Atkinson, Howard 4 19/09/2013 37 400,000 -3,600,000 John Yangaroo Inc. Common Shares Atkinson, Howard 4 30/09/2013 57 0.25 660,000 260,000 John Yangaroo Inc. Options Stock Atkinson, Howard 4 19/09/2013 37 42,500 -382,500 options John Yangaroo Inc. Options Stock Atkinson, Howard 4 01/10/2013 50 102,500 60,000 options John Yangaroo Inc. Subscription Atkinson, Howard 4 30/09/2013 97 0.25 0 -260,000 Receipts (on a post- John consolidation basis) Yangaroo Inc. Warrants Full Atkinson, Howard 4 16/11/2007 00 John Yangaroo Inc. Warrants Full Atkinson, Howard 4 30/09/2013 57 260,000 260,000 John Yangaroo Inc. Warrants IPO Atkinson, Howard 4 19/09/2013 37 190,001 -1,710,009 warrants John Yangaroo Inc. Options Stock Foss, Sarah C 5 03/09/2013 00 options Yangaroo Inc. Options Stock Foss, Sarah C 5 01/10/2013 50 150,000 150,000 options Yangaroo Inc. Options Stock Galloro, Michael 5 01/10/2013 50 0.25 102,000 2,000 options Bernardino Yangaroo Inc. Common Shares Hunt, Clifford 4, 5 19/09/2013 37 190,471 -1,714,239 Gordon Yangaroo Inc. Common Shares Hunt, Clifford 4, 5 30/09/2013 57 0.25 310,471 120,000 Gordon Yangaroo Inc. Options Stock Hunt, Clifford 4, 5 19/09/2013 37 449,700 -4,047,300 options Gordon Yangaroo Inc. Options Stock Hunt, Clifford 4, 5 01/10/2013 50 849,700 400,000 options Gordon Yangaroo Inc. Subscription Hunt, Clifford 4, 5 30/09/2013 97 0.25 0 -120,000 Receipts (on a post- Gordon consolidation basis) Yangaroo Inc. Warrants Full Hunt, Clifford 4, 5 29/04/2003 00 Gordon Yangaroo Inc. Warrants Full Hunt, Clifford 4, 5 30/09/2013 57 120,000 120,000 Gordon Yangaroo Inc. Warrants IPO Hunt, Clifford 4, 5 19/09/2013 37 34,500 -310,500 warrants Gordon Yangaroo Inc. Options Stock Klosa, Richard 5 19/09/2013 37 131,600 -1,184,400 options Yangaroo Inc. Options Stock Klosa, Richard 5 01/10/2013 50 531,600 400,000 options Yangaroo Inc. Common Shares Miller, Anthony G. 4 19/09/2013 37 184,800 -1,663,200 Yangaroo Inc. Common Shares Miller, Anthony G. 4 30/09/2013 57 0.25 544,800 360,000 Yangaroo Inc. Options Stock Miller, Anthony G. 4 19/09/2013 37 30,000 -270,000 options Yangaroo Inc. Options Stock Miller, Anthony G. 4 01/10/2013 50 130,000 100,000 options Yangaroo Inc. Subscription Miller, Anthony G. 4 05/09/2013 97 0.25 320,000 Receipts (on a post- consolidation basis)
October 10, 2013 (2013) 36 OSCB 9983
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Yangaroo Inc. Subscription Miller, Anthony G. 4 05/09/2013 97 0.25 360,000 360,000 Receipts (on a post- consolidation basis) Yangaroo Inc. Subscription Miller, Anthony G. 4 30/09/2013 97 0.25 0 -360,000 Receipts (on a post- consolidation basis) Yangaroo Inc. Warrants Full Miller, Anthony G. 4 27/09/2010 00 Yangaroo Inc. Warrants Full Miller, Anthony G. 4 30/09/2013 57 360,000 360,000 Yangaroo Inc. Warrants IPO Miller, Anthony G. 4 19/09/2013 37 145,000 -1,305,000 warrants Yangaroo Inc. Common Shares Moss, Gary 5 19/09/2013 37 180,000 -1,620,000 Yangaroo Inc. Options Stock Moss, Gary 5 19/09/2013 37 85,000 -765,000 options Yangaroo Inc. Options Stock Moss, Gary 5 01/10/2013 50 635,000 550,000 options Yangaroo Inc. Warrants IPO Moss, Gary 5 19/09/2013 37 170,000 -1,530,000 warrants Yangaroo Inc. Warrants IPO Moss, Gary 5 19/09/2013 37 -153,000 warrants Yangaroo Inc. Warrants IPO Moss, Gary 5 19/09/2013 37 -153,000 warrants Yangaroo Inc. Common Shares Quinn, Gerry C. 4 19/09/2013 37 375 -3,375 Yangaroo Inc. Common Shares Quinn, Gerry C. 4 30/09/2013 57 0.25 60,375 60,000 Yangaroo Inc. Options Stock Quinn, Gerry C. 4 19/09/2013 37 2,500 -22,500 options Yangaroo Inc. Options Stock Quinn, Gerry C. 4 01/10/2013 50 62,500 60,000 options Yangaroo Inc. Subscription Quinn, Gerry C. 4 30/09/2013 97 0.25 0 -60,000 Receipts (on a post- consolidation basis) Yangaroo Inc. Warrants Full Quinn, Gerry C. 4 01/11/2012 00 Yangaroo Inc. Warrants Full Quinn, Gerry C. 4 30/09/2013 57 60,000 60,000 Yangaroo Inc. Warrants IPO Quinn, Gerry C. 4 19/09/2013 37 375 -3,375 warrants Yangaroo Inc. Common Shares Shalinsky, Sander 4 19/09/2013 37 388,200 -3,493,800 Michael Yangaroo Inc. Common Shares Shalinsky, Sander 4 30/09/2013 57 0.25 448,200 60,000 Michael Yangaroo Inc. Options Stock Shalinsky, Sander 4 19/09/2013 37 5,000 -45,000 options Michael Yangaroo Inc. Options Stock Shalinsky, Sander 4 01/10/2013 50 65,000 60,000 options Michael Yangaroo Inc. Subscription Shalinsky, Sander 4 30/09/2013 97 0.25 0 -60,000 Receipts (on a post Michael consolidation basis) Yangaroo Inc. Warrants Full Shalinsky, Sander 4 27/06/2012 00 Michael Yangaroo Inc. Warrants Full Shalinsky, Sander 4 30/09/2013 57 60,000 60,000 Michael Yangaroo Inc. Warrants IPO Shalinsky, Sander 4 19/09/2013 37 355,000 -3,195,000 warrants Michael Yellow Media Limited Deferred Share Unit MACLELLAN, 4 27/09/2013 56 10.907 20,971 9,168 ROBERT FRANCIS ZADAR VENTURES Common Shares Walsh, Jason 8 27/09/2013 10 0.26 316,000 -20,000 LTD. ZADAR VENTURES Common Shares Walsh, Jason 8 02/10/2013 10 0.24 321,000 5,000 LTD. Zaio Corporation Common Shares Howes, Beverly Ann 5 05/09/2013 00 74,991 Zargon Oil & Gas Ltd. Common Shares Hansen, Craig 4, 5 27/09/2013 10 7.05 687,840 3,700 Henry Zargon Oil & Gas Ltd. Common Shares Hansen, Craig 4, 5 30/09/2013 10 7.06 696,840 9,000 Henry Zephyr Minerals Ltd. Common Shares Billings, Mark 4 26/09/2013 11 0.15 33,334 Anthony Zephyr Minerals Ltd. Common Shares Billings, Mark 4 26/09/2013 16 0.15 133,334 33,334 Anthony Zephyr Minerals Ltd. Warrants September Billings, Mark 4 23/03/2011 00 2013 Anthony Zephyr Minerals Ltd. Warrants September Billings, Mark 4 23/03/2011 00 2013 Anthony Zephyr Minerals Ltd. Warrants September Billings, Mark 4 23/03/2011 00 2013 Anthony Zephyr Minerals Ltd. Warrants September Billings, Mark 4 23/03/2011 00 2013 Anthony Zephyr Minerals Ltd. Warrants September Billings, Mark 4 26/09/2013 16 16,667 16,667 2013 Anthony
October 10, 2013 (2013) 36 OSCB 9984
Insider Reporting
Issuer Name Security Insider Name Rel'n Transaction T/O Unit Date/Month Acquired/ Date Price End Holdings Disposed Zephyr Minerals Ltd. Common Shares Grand, David J. 4 26/09/2013 10 0.15 100,000 Zephyr Minerals Ltd. Common Shares Grand, David J. 4 26/09/2013 16 0.15 305,500 100,000 Zephyr Minerals Ltd. Common Shares Grand, David J. 4 26/09/2013 53 0.2 50,000 Zephyr Minerals Ltd. Common Shares Grand, David J. 4 26/09/2013 53 0.2 50,000 Zephyr Minerals Ltd. Common Shares Investments and 3 25/09/2013 16 0.15 3,346,999 333,333 Technical Management Limited Zephyr Minerals Ltd. Warrants September Investments and 3 23/03/2011 00 83,333 2013 Technical Management Limited Zephyr Minerals Ltd. Warrants September Investments and 3 25/09/2013 15 0.2 166,667 2013 Technical Management Limited Zephyr Minerals Ltd. Warrants September Investments and 3 25/09/2013 16 0.2 250,000 166,667 2013 Technical Management Limited
October 10, 2013 (2013) 36 OSCB 9985
Insider Reporting
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October 10, 2013 (2013) 36 OSCB 9986
Chapter 8
Notice of Exempt Financings
REPORT OF TRADES SUMITTED ON FORM 45-106F1 AND 45-501F1
Transaction No. of Issuer/Security Total Purchase No. of Date Purchasers Price ($) Securities Distributed 09/19/2013 9 Activision Blizzard, Inc. - Notes 24,056,950.00 23,500.00
09/16/2013 1 Alon USA Energy, Inc. - Notes 206,320.00 67.63
09/19/2013 25 ATICO MINING CORPORATION - Units 14,085,000.00 313,000,000.00
09/24/2013 3 Atna Resources Ltd. - Common Shares 5,824,000.00 36,400,000.00
09/20/2013 1 BANK OF MONTREAL - Debt 2,000,000.00 20,000,000.00
09/20/2013 1 Bank of Montreal - Notes 2,000,000.00 N/A
09/16/2013 1 Barclays Bank PLC - Note 250,000.00 1.00
09/19/2013 to 3 Barclays Bank PLC - Notes 250,000.00 3.00 09/20/2013 09/17/2013 5 Barclays Bank PLC - Notes 1,450,000.00 5.00
09/20/2013 1 BI-LO Holding Finance, LLC and BI-LO holding 6,110,478.00 1.00 Finance, Inc. - Note 09/12/2013 1 Catterton Partners VII L.P. - Limited Partnership 154,800,000.00 N/A Interest 09/18/2013 4 Diamondback Energy, Inc. - Notes 6,952,500.00 6,750.00
09/11/2013 10 ELLIPTIC TECHNOLOGIES INC. - Preferred 800,000.00 3,674,388.00 Shares 09/03/2013 2 First Reliance Real Estate Investment Trust 5,000.00 555.56 (Amended) - Units 07/24/2013 1 Fortress Gotham 2011 Limited - Loan 50,000.00 1.00
09/16/2013 1 Fuel Transfer Technologies Inc. - Preferred 0.00 58,500.00 Shares 09/23/2013 13 GEONOVUS MINERALS CORP. - Units 257,500.00 5,151,000.00
09/20/2013 23 Isotechnika Pharma Inc. - Units 5,999,999.94 133,333,332.00
09/18/2013 3 JBS USA, LLC and JBS USA Finance, Inc. - 35,911,540.00 35,000.14 Notes 09/17/2013 18 J.P. Morgan Chase & Co. - Notes 4,280,000.00 18.00
09/19/2013 1 Kenedix, Inc. - Common Shares 55,643.07 10,500.00
09/20/2013 17 LiveWorkPlay Winnipeg Developments Ltd. - 792,000.00 792.00 Bonds 09/20/2013 23 Lower Mattagami Energy Limited Partnership - 200,000,000.00 N/A Bonds
October 10, 2013 (2013) 36 OSCB 9987
Notice of Exempt Financings
Transaction No. of Issuer/Security Total Purchase No. of Date Purchasers Price ($) Securities Distributed 09/18/2013 2 LTP Financing Inc. - Bonds 43,000.00 43.00
09/08/2013 1 Marketo, Inc. - Common Shares 16,473,420.00 450,000.00
09/16/2013 13 Mayo Lake Minerals Inc. - Common Shares 60,000.00 600,000.00
05/22/2013 2 Millicom International Cellular S.A. - Notes 6,199,800.00 2.00
08/30/2013 20 Morrison Laurier Mortgage Corporation - 6,273,200.00 N/A Preferred Shares 09/20/2013 1 MOZZAZ CORPORATION - Common Shares 249,999.79 407,830.00
09/13/2013 46 NOKA RESOURCES INC. - Units 784,299.00 5,228,660.00
09/20/2013 1 Office Depot de Mexico S.A. de C.V. - Notes 508,000.00 493.20
09/20/2013 1 Pacific North West Capital Corp. - Common 100,000.00 2,000,000.00 Shares 09/18/2013 1 Pinnacle Operating Corporation - Notes 2,060,000.00 2,000.00
09/25/2013 1 Prospect Holdings Company, LLC/Prospect 5,003,850.00 4,858.11 Holding Finance Company - Notes 09/13/2013 79 Quaterra Resources Inc. - Common Shares 3,076,392.00 29,810,000.00
09/23/2013 to 29 Quia Resources Inc. - Common Shares 373,200.00 74,640,000.00 09/26/2013 09/18/2013 16 Ranovus Inc. - Preferred Shares 9,991,132.72 28,571,429.00
09/10/2013 19 Redstone Capital Corporation - Bonds 464,300.00 N/A
09/10/2013 15 Redstone Investment Corporation - Notes 757,000.00 N/A
09/18/2013 to 3 Residences At Quadra Village Limited 120,000.00 120,000.00 09/19/2013 Partnership - Units 09/25/2013 2 Rocket Fuel Inc. - Common Shares 298,700.00 10,000.00
09/23/2013 2 Royal Bank of Canada - Special Trust 6,194,479.20 60,240.00 Securities 09/16/2013 1 Sagent Pharmaceuticals, Inc. - Common 657,645.00 30,000.00 Shares 09/16/2013 to 48 SIF SOLAR ENERGY INCOME & GROWTH 1,052,300.00 10,523.00 09/17/2013 FUND - Units 09/15/2013 48 Skyline Apartment Real Estate Investment Trust 7,191,720.75 542,771.38 - Units 09/03/2013 53 SKYLINE COMMERICIAL REAL ESTATE 7,387,200.00 738,720.00 INVESTMENT TRUST - Units 09/06/2013 2 SPIRE US LIMITED PARTNERSHIP - Units 612,707.27 51,910,969.00
09/19/2013 5 STONEY RANGE INDUSTRIAL LIMITED - 121,025.00 121,025.00 Units 09/17/2013 1 Sumitomo Mitsui Trust Bank, Limited - Note 25,696,318.27 1.00
October 10, 2013 (2013) 36 OSCB 9988
Notice of Exempt Financings
Transaction No. of Issuer/Security Total Purchase No. of Date Purchasers Price ($) Securities Distributed 09/17/2013 5 Torch River Resources Ltd. - Common Shares 150,000.00 2,142,857.00
09/16/2013 to 33 UBS AG, Jersey Branch - Certificates 13,289,928.17 33.00 09/20/2013 09/18/2013 16 Verizon Communications Inc. - Notes 44,807,346.64 N/A
09/26/2013 28 WALTON CA TUSCAN HILLS LP - Units 1,065,064.24 103,304.00
09/26/2013 24 WALTON FLA RIDGEWOOD LAKES 619,950.00 61,995.00 INVESTMENT CORPORATION - Common Shares 09/12/2013 8 WALTON FLA RIDGEWOOD LAKES LP - Units 600,198.13 57,923.00
09/12/2013 18 WALTON INCOME 8 INVESTMENT 2,056,500.00 18,000.00 CORPORATION - Bonds 09/18/2013 20 Western Energy Services Corp. - Notes 92,433,390.45 90,000.00
09/13/2013 to 2 WOULFE MINING CORP. - Units 1,313,305.30 13,133,053.00 09/16/2013 09/16/2013 2 Xoom Corporation - Common Shares 188,782.00 6,000.00
09/26/2013 11 Zephyr Minerals Ltd. - Units 225,000.10 1,500,000.00
October 10, 2013 (2013) 36 OSCB 9989
Notice of Exempt Financings
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October 10, 2013 (2013) 36 OSCB 9990
Chapter 11
IPOs, New Issues and Secondary Financings
Issuer Name: Issuer Name: Boyd Group Income Fund Dividend Growth Split Corp. Principal Regulator - Manitoba Principal Regulator - Ontario Type and Date: Type and Date: Preliminary Short Form Prospectus dated October 7, 2013 Preliminary Short Form Prospectus dated September 27, NP 11-202 Receipt dated October 7, 2013 2013 Offering Price and Description: NP 11-202 Receipt dated October 1, 2013 $55,200,000.00 - 2,000,000 Units Offering Price and Description: Price: $27.60 per Unit Maximum: $ * - Up to* Preferred Shares and * Class A Underwriter(s) or Distributor(s): Shares National Bank Financial Inc. Prices: $ * per Preferred Share Cormark Securities Inc. $ * per Class A Share CIBC World Markets Inc. Underwriter(s) or Distributor(s): Laurentian Bank Securities Inc. RBC Dominion Securities Inc. Scotia Capital Inc. CIBC World Markets Inc. Octagon Capital Corporation Scotia Capital Inc. Promoter(s): TD Securities Inc. - BMO Nesbitt Burns Inc. Project #2119106 National Bank Financial Inc. GMP Securities L.P. ______Raymond James Ltd. Issuer Name: Canaccord Genuity Corp. Builders Capital Mortgage Corp. Desjardins Securities Inc. Principal Regulator - Alberta Dundee Securities Inc. Type and Date: Mackie Research Capital Corporation Amended and Restating Preliminary Long Form Macquarie Private Wealth Inc. Prospectus dated October 4, 2013 Promoter(s): NP 11-202 Receipt dated October 4, 2013 - Offering Price and Description: Project #2117815 Minimum: $12,000,000 - * Subscription Receipts Maximum: $40,000,000 - * Subscription Receipts ______Price: $ * per Subscription Receipt Issuer Name: Underwriter(s) or Distributor(s): Energy Fuels Inc. MGI Securities Inc. Principal Regulator - Ontario Mackie Research Capital Corporation Type and Date: Macquarie Private Wealth Inc. Preliminary Short Form Prospectus dated September 30, Burgeonvest Bick Securities Limited 2013 Leede Financial Markets Inc. NP 11-202 Receipt dated October 2, 2013 PI Financial Corp. Offering Price and Description: Promoter(s): $5,000,000.00 - 31,250,000 Common Shares Builders Capital Management Corp. Price: $0.16 per Common Share Project #2046232 Underwriter(s) or Distributor(s): Dundee Securities Ltd. ______Cantor Fitzgerald Canada Corporation Haywood Securities Inc. Promoter(s): - Project #2117920
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October 10, 2013 (2013) 36 OSCB 9991
IPOs, New Issues and Secondary Financings
Issuer Name: Issuer Name: FortisAlberta Inc. Gluskin Sheff + Associates Inc. Principal Regulator - Alberta Principal Regulator - Ontario Type and Date: Type and Date: Preliminary Base Shelf Prospectus dated October 3, 2013 Preliminary Short Form Prospectus dated October 1, 2013 NP 11-202 Receipt dated October 3, 2013 NP 11-202 Receipt dated October 1, 2013 Offering Price and Description: Offering Price and Description: $500,000,000.00 $121,6000,000.00 - 6,400,000 Subordinate Voting Shares Medium Term Note Debentures Price: $19.00 per Subordinate Voting Share (unsecured) Underwriter(s) or Distributor(s): Underwriter(s) or Distributor(s): RBC Dominion Securities Inc. Scotia Capital Inc. TD Securities Inc. TD Securities Inc. BMO Nesbitt Burns Inc. BMO Nesbitt Burns Inc. CIBC World Markets Inc. CIBC World Markets Inc. GMP Securities L.P. RBC Dominion Securities Inc. Scotia Capital Inc. National Bank Financial Inc. Promoter(s): HSBC Securities (Canada) Inc. - Casgrain & Company Limited Project #2115425 Promoter(s): - ______Project #2118526 Issuer Name: PHX Energy Services Corp. ______Principal Regulator - Alberta Issuer Name: Type and Date: GLG Income Opportunities Fund Preliminary Short Form Prospectus dated October 3, 2013 Principal Regulator - Ontario NP 11-202 Receipt dated October 3, 2013 Type and Date: Offering Price and Description: Preliminary Long Form Prospectus dated October 4, 2013 $27,040,000.00 - 2,600,000 Common Shares NP 11-202 Receipt dated October 7, 2013 Price: $10.40 per Common Share Offering Price and Description: Class A Units, Class F Units, Class O Units and Class R Underwriter(s) or Distributor(s): Units PETERS & CO. LIMITED Price: Initially at $10.00 per Unit and subsequently at the RBC DOMINION SECURITIES INC. Net Asset Value per Unit SCOTIA CAPITAL INC. Minimum Purchase: $5,000 CORMARK SECURITIES INC. Underwriter(s) or Distributor(s): FIRSTENERGY CAPITAL CORP. - Promoter(s): Promoter(s): - MAN Investments Canada Corp. Project #2118459 Project #2118860 ______
October 10, 2013 (2013) 36 OSCB 9992
IPOs, New Issues and Secondary Financings
Issuer Name: Issuer Name: Pine Cliff Energy Ltd. Trilogy Energy Corp. Principal Regulator - Alberta Principal Regulator - Alberta Type and Date: Type and Date: Preliminary Short Form Prospectus dated October 2, 2013 Preliminary Short Form Prospectus dated October 4, 2013 NP 11-202 Receipt dated October 2, 2013 NP 11-202 Receipt dated October 4, 2013 Offering Price and Description: Offering Price and Description: $20,020,000.00 - 18,200,000 Common Shares $200,070,000.00 - 7,020,000 Common Shares Price: $1.10 per Offered Share Price: $28.50 per Common Share Underwriter(s) or Distributor(s): Underwriter(s) or Distributor(s): Paradigm Capital Inc. BMO NESBITT BURNS INC. Clarus Securities Inc. RBC DOMINION SECURITIES INC. Altacorp Capital Inc. PETERS & CO. LIMITED FirstEnergy Capital Corp. CIBC WORLD MARKETS INC. GMP Securities L.P. SCOTIA CAPITAL INC. Haywood Securities Inc. TD SECURITIES INC. Jennings Capital Inc. FIRSTENERGY CAPITAL CORP. Scotia Capital Inc. CORMARK SECURITIES INC. Promoter(s): ALTACORP CAPITAL INC. - GMP SECURITIES L.P. Project #2118174 Promoter(s): - ______Project #2117664 Issuer Name: Starlight U.S. Multi-Family (No. 2) Core Fund ______Principal Regulator - Ontario Issuer Name: Type and Date: Harbour Global Growth & Income Corporate Class Preliminary Long Form Prospectus dated October 4, 2013 (Class A, AT5, AT8, F, FT5, FT8, I, IT5, IT8, O and OT5 NP 11-202 Receipt dated October 4, 2013 shares) Offering Price and Description: Harbour Growth & Income Corporate Class Maximum: US$50,000,000 and Minimum: US$22,000,000 (Class A, AT5, AT8, E, ET5, ET8, F, FT5, FT8, I, IT5, IT8, of O, OT5 and OT8 shares) Class A Units and/or Class U Units and/or Class D Units Harbour Growth & Income Fund and/or Class F Units and/or Class C Units (Class A, E, F, I, O and Z units) Price: C$10.00 per Class A Unit Harbour Voyageur Corporate Class US$10.00 per Class U Unit (Class A, AT5, AT8, E, ET5, ET8, F, FT5, FT8, I, IT8, O, C$10.00 per Class D Unit OT5 and OT8 shares) C$10.00 per Class F Unit Principal Regulator - Ontario C$10.00 per Class C Unit Type and Date: Underwriter(s) or Distributor(s): Amendment No. 2 dated September 30, 2013 to the CIBC WORLD MARKETS INC. Simplified Prospectuses of Harbour Global Growth & NATIONAL BANK FINANCIAL INC. Income Corporate Class, Harbour Growth & Income SCOTIA CAPITAL INC. Corporate Class and Harbour Growth & Income Fund GMP SECURITIES L.P. dated July 26, 2013 and to the Annual Information Form of RAYMOND JAMES LTD. Harbour Global Growth & Income Corporate Class, CANACCORD GENUITY CORP. Harbour Growth & Income Corporate Class, Harbour DESJARDINS SECURITIES INC. Growth & Income Fund and Harbour DUNDEE SECURITIES LTD. Voyageur Corporate Class dated July 26, 2013 MACQUARIE PRIVATE WEALTH INC. (amendment no. 2). Promoter(s): NP 11-202 Receipt dated October 4, 2013 STARLIGHT INVESTMENTS LTD. Offering Price and Description: Project #2118757 - Underwriter(s) or Distributor(s): ______- Promoter(s): CI Investments Inc. Project #2069145
______
October 10, 2013 (2013) 36 OSCB 9993
IPOs, New Issues and Secondary Financings
Issuer Name: Issuer Name: Series A, Series F and Series I Units of Canadian Apartment Properties Real Estate Investment BlackRock All Bond Portfolio (formerly BlackRock Security Trust Portfolio) Principal Regulator - Ontario BlackRock Defensive Portfolio Type and Date: BlackRock Conservative Portfolio Final Short Form Prospectus dated October 2, 2013 BlackRock Balanced Portfolio NP 11-202 Receipt dated October 2, 2013 BlackRock Growth Portfolio Offering Price and Description: BlackRock MaxGrowth Portfolio $130,019,850.00 - 6,327,000 Units Price: $20.55 per Unit BlackRock Diversified Monthly Income Portfolio Underwriter(s) or Distributor(s): Principal Regulator - Ontario RBC DOMINION SECURITIES INC. Type and Date: SCOTIA CAPITAL INC. Final Simplified Prospectuses dated October 1, 2013 TD SECURITIES INC. NP 11-202 Receipt dated October 3, 2013 BMO NESBITT BURNS INC. Offering Price and Description: CIBC WORLD MARKETS INC. Series A, Series F and Series I Mutual Fund Units @ Net NATIONAL BANK FINANCIAL INC. Asset Value CANACCORD GENUITY CORP. Underwriter(s) or Distributor(s): RAYMOND JAMES LTD. - DUNDEE SECURITIES LTD. Promoter(s): DESJARDINS SECURITIES INC. - GMP SECURITIES L.P. Project #2092555 Promoter(s): - ______Project #2113620 Issuer Name: BRP Inc. ______Principal Regulator - Quebec Issuer Name: Type and Date: CanElson Drilling Inc. Final Short Form Prospectus dated October 2, 2013 Principal Regulator - Alberta NP 11-202 Receipt dated October 2, 2013 Type and Date: Offering Price and Description: Final Short Form Prospectus dated October 1, 2013 $222,800,000.00 NP 11-202 Receipt dated October 1, 2013 8,000,000 Subordinate Voting Shares Price: $27.85 per Offering Price and Description: Subordinate Voting Share $30,380,000.00 Underwriter(s) or Distributor(s): 4,900,000 Common Shares BMO NESBITTBURNS INC. Price: $6.20 per Common Share RBC DOMINION SECURITIES INC. Underwriter(s) or Distributor(s): UBS SECURITIES CANADA INC. PETERS & CO. LIMITED CITIGROUP GLOBAL MARKETS CANADA INC. FIRSTENERGY CAPITAL CORP. CIBC WORLD MARKETS INC. NATIONAL BANK FINANCIAL INC. DESJARDINS SECURITIES INC. ALTACORP CAPITAL INC. SCOTIA CAPITAL INC. LIGHTYEAR CAPITAL INC. NATIONAL BANK FINANCIAL INC. Promoter(s): Promoter(s): - - Project #2114986 Project #2114085 ______
October 10, 2013 (2013) 36 OSCB 9994
IPOs, New Issues and Secondary Financings
Issuer Name: Issuer Name: Dividend 15 Split Corp. Series B, Series S5, Series S8, Series I, Series I5, Series Principal Regulator - Ontario I8, Series F, Series F5 and Series F8 Type and Date: Securities (unless otherwise indicated) of Final Short Form Prospectus dated October 2, 2013 Fidelity Canadian Equity Private Pool* NP 11-202 Receipt dated October 2, 2013 Fidelity Concentrated Canadian Equity Private Pool* Offering Price and Description: Fidelity U.S. Equity Private Pool* Maximum: $29,737,900.00 - Up to 1,686,800 Preferred Fidelity U.S. Equity Currency Neutral Private Pool* Shares @ $10/Share and 1,197,200 Class A Shares @ Fidelity International Equity Private Pool* $10.75/Share Fidelity International Equity Currency Neutral Private Pool* Underwriter(s) or Distributor(s): Fidelity Global Equity Private Pool* National Bank Financial Inc. Fidelity Global Equity Currency Neutral Private Pool* CIBC World Markets Inc. Fidelity Concentrated Value Private Pool* RBC Dominion Securities Inc. Fidelity U.S. Dividend Private Pool BMO Nesbitt Burns Inc. Fidelity Balanced Income Private Pool* TD Securities Inc. Fidelity Balanced Income Currency Neutral Private Pool* Promoter(s): Fidelity Balanced Private Pool* - Fidelity Balanced Currency Neutral Private Pool* Project #2114774 Fidelity Asset Allocation Private Pool* Fidelity Asset Allocation Currency Neutral Private Pool* ______Fidelity U.S. Growth and Income Private Pool Issuer Name: Fidelity Premium Fixed Income Private Pool (available in Series A and Series F Units of Series B, Series I and Series F only) Excel Blue Chip Equity Fund (formerly Excel Blue Chip Fidelity Premium Money Market Private Pool (available in Fund) Series B, Series I, Series D and Excel Blue Chip Balanced Fund Series F only) Excel High Income Fund Fidelity Premium Fixed Income Capital Yield Private Pool* Excel Money Market Fund (available in Series B, Series I, Excel India Fund Series F, Series S5, Series I5 and Series F5 only) Excel China Fund Fidelity Premium Tactical Fixed Income Capital Yield Excel Chindia Fund Private Pool (available in Series B, Series Excel Emerging Europe Fund I and Series F only) Excel Latin America Fund Fidelity Canadian Equity Investment Trust (available in Excel BRIC Fund Series O only) Excel Emerging Markets Fund Fidelity Concentrated Canadian Equity Investment Trust Principal Regulator - Ontario (available in Series O only) Type and Date: Fidelity U.S. Equity Investment Trust (available in Series O Final Simplified Prospectuses dated September 30, 2013 only) NP 11-202 Receipt dated October 4, 2013 Fidelity International Equity Investment Trust (available in Offering Price and Description: Series O only) Series A and Series F Units @ Net Asset Value Fidelity Global Equity Investment Trust (available in Series Underwriter(s) or Distributor(s): O only) Excel Funds Management Inc. Fidelity Emerging Markets Debt Investment Trust (available Promoter(s): in Series O only) Excel Funds Management Inc. Fidelity Emerging Markets Equity Investment Trust Project #2105266 (available in Series O only) Fidelity Floating Rate High Income Investment Trust ______(available in Series O only) Fidelity High Income Commercial Real Estate Investment Trust (available in Series O only) Fidelity Convertible Securities Investment Trust (available in Series O only) Fidelity U.S. Small/Mid Cap Equity Investment Trust (available in Series O only) Fidelity Concentrated Value Investment Trust (available in Series O only) Fidelity Global High Yield Investment Trust (available in Series O only) Fidelity U.S. Multi-Cap Investment Trust (available in Series O only) Fidelity International Growth Investment Trust (available in Series O only) (*Class of Fidelity Capital Structure Corp.)
October 10, 2013 (2013) 36 OSCB 9995
IPOs, New Issues and Secondary Financings
Principal Regulator - Ontario Issuer Name: Type and Date: iShares Advantaged Short Duration High Income Fund Final Simplified Prospectuses dated September 26, 2013 Principal Regulator - Ontario NP 11-202 Receipt dated October 1, 2013 Type and Date: Offering Price and Description: Amendment #3 dated September 27, 2013 to the Long Series B, Series S5, Series S8, Series I, Series I5, Series Form Prospectus dated October 10, 2012 I8, Series F, Series F5 and Series F8 Securities and Series NP 11-202 Receipt dated October 4, 2013 O Securities Offering Price and Description: Underwriter(s) or Distributor(s): - Fidelity Investments Canada ULC Underwriter(s) or Distributor(s): Promoter(s): BlackRock Asset Management Canada Limited Fidelity Investments Canada ULC BlackRock Investments Canada Inc. Project #2094138 Promoter(s): - ______Project #1940478 Issuer Name: Fidelity Floating Rate High Income Fund ______Principal Regulator - Ontario Issuer Name: Type and Date: iShares Broad Commodity Index Fund (CAD-Hedged) Final Simplified Prospectus dated September 26, 2013 iShares Managed Futures Index Fund NP 11-202 Receipt dated October 1, 2013 Principal Regulator - Ontario Offering Price and Description: Type and Date: Series A, Series B, Series F and Series O units Amendment #3 dated September 27, 2013 to the Long Underwriter(s) or Distributor(s): Form Prospectus dated October 10, 2012 - NP 11-202 Receipt dated October 4, 2013 Promoter(s): Offering Price and Description: Fidelity Investments Canada ULC - Project #2100476 Underwriter(s) or Distributor(s): BlackRock Asset Management Canada Limited ______Promoter(s): Issuer Name: - iShares Global Monthly Advantaged Dividend Index Fund Project #1940461 iShares Advantaged Canadian Bond Index Fund iShares Advantaged Convertible Bond Index Fund ______iShares Advantaged U.S. High Yield Bond Index Fund (CAD-Hedged) iShares Balanced Income CorePortfolio Fund iShares Balanced Growth CorePortfolio Fund Principal Regulator - Ontario Type and Date: Amendment #1 dated September 27, 2013 to the Long Form Prospectus dated May 24, 2013 NP 11-202 Receipt dated October 7, 2013 Offering Price and Description: - Underwriter(s) or Distributor(s): BlackRock Asset Management Canada Limited BlackRock Investments Canada Inc. Promoter(s): - Project #2046363
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October 10, 2013 (2013) 36 OSCB 9996
IPOs, New Issues and Secondary Financings
Issuer Name: PWF, Series PWF8, Series PWT8, Series PWX, Series Mackenzie Canadian Money Market Fund (Formerly PWX8, Series T6, Series T8) Mackenzie Sentinel Money Market Fund) Mackenzie Canadian Large Cap Balanced Fund (Formerly (Investor Series, Series A, Series AR, Series C, Series DA, Mackenzie Maxxum Canadian Series F, Series G, Series GP, Series Balanced Fund) (Series A, Series F, Series O, Series PW, I, Series O, Series PW, Series PWF, Series PWX, Series Series PWF, Series PWF8, Series SC, Series SP) PWT8, Series PWX, Series PWX8, Series T6, Series T8) Mackenzie Sentinel Cash Management Fund (Series A, Mackenzie Cundill Canadian Balanced Fund (Series AR, Series AR and Series O) Series C, Series F, Series F8, Series G, Mackenzie Canadian Bond Fund (Formerly Mackenzie Series I, Series O, Series O6, Series PW, Series PWF, Sentinel Bond Fund) (B Series, Investor Series PWF8, Series PWT8, Series PWX, Series, Series A, Series AR, Series F, Series G, Series I, Series PWX8, Series T6, Series T8) Series O, Series PW, Series PWF, Mackenzie Global Diversified Balanced Fund (Formerly Series PWF8, Series PWT8, Series PWX, Series PWX8, Mackenzie Founders Income & Growth Series SC) Fund) (Series A, Series AR, Series F, Series F8, Series G, Mackenzie Canadian Short Term Income Fund (Formerly Series O, Series O6, Series PW, Mackenzie Sentinel Short-Term Series PWF, Series PWF8, Series PWT8, Series PWX, Income Fund) (Series A, Series F, Series G, Series I, Series PWX8, Series T5, Series T6, Series Series O, Series PW, Series PWF, Series T8) PWF8, Series PWT8, Series PWX, Series PWX8, Series Mackenzie Global Diversified Income Fund (formerly SC) Mackenzie Sentinel Diversified Income Mackenzie Corporate Bond Fund (Formerly Mackenzie Fund (Series A, Series F, Series O, Series O6, Series PW, Sentinel Corporate Bond Fund) (Series Series PWF, Series PWF8, Series A, Series AR, Series F, Series G, Series I, Series O, Series PWT8, Series PWX, Series PWX8, Series T5) PW, Series PWF, Series PWF8, Series Mackenzie Income Fund (Formerly Mackenzie Sentinel PWT8, Series PWX, Series PWX8) Income Fund) (Series A, Series AR, Mackenzie Floating Rate Income Fund (Series A, Series Series B, Series C, Series F, Series G, Series O, Series AR, Series F, Series F6, Series O, PW, Series PWF, Series PWF8, Series Series O6, Series PW, Series PWF, Series PWF8, Series PWT8, Series PWX, Series PWX8) PWT8, Series PWX, Series PWX8, Mackenzie Ivy Canadian Balanced Fund (Formerly Series SC, Series S6, Series T6) Mackenzie Ivy Growth & Income Fund) Mackenzie Global Bond Fund (Formerly Mackenzie (Series A, Series F, Series F8, Series G, Series I, Series O, Sentinel Global Bond Fund) (Series A, Series O6, Series PW, Series PWF, Series F, Series O, Series PW, Series PWF, Series PWF8, Series PWF8, Series PWT8, Series PWX, Series PWX8, Series PWT8, Series PWX, Series Series T6, Series T8) PWX8, Series U) Mackenzie Ivy Global Balanced Fund (Series A, Series F, Mackenzie North American Corporate Bond Fund Series F8, Series I, Series O, Series (Formerly Mackenzie Sentinel North PW, Series PWF, Series PWF8, Series PWT8, Series American Corporate Bond Fund) (Series A, Series F, PWX, Series PWX8, Series T6, Series T8) Series F6, Series O, Series O6, Series PW, Mackenzie Strategic Income Fund (Formerly Mackenzie Series PWF, Series PWF8, Series PWT8, Series PWX, Sentinel Strategic Income Fund) Series PWX8, Series T6) (Series A, Series AR, Series B, Series F, Series F8, Series Mackenzie Real Return Bond Fund (Formerly Mackenzie O, Series PW, Series PWF, Series Sentinel Real Return Bond Fund) PWF8, Series PWT8, Series PWX, Series PWX8, Series (Series A, Series F, Series G, Series I, Series O, Series T8) PW, Series PWF, Series PWF8, Series Mackenzie Canadian All Cap Dividend Fund (Formerly PWT8, Series PWX, Series PWX8, Series U) Mackenzie Saxon Dividend Income Mackenzie Strategic Bond Fund (Series A, Series AR, Fund) (B Series, Investor Series, Series A, Series AR, Series F, Series F6, Series O, Series O6, Series F, Series F6, Series O, Series O6, Series PW, Series PWF, Series PWF8, Series PWT8, Series PW, Series PWF, Series PWX, Series T6) Series PWX, Series PWX8, Series SC, Mackenzie Canadian All Cap Value Fund (Formerly Series S6, Series T6) Mackenzie Saxon Stock Fund) (B Series, Mackenzie Canadian All Cap Balanced Fund (Formerly Investor Series, Series A, Series F, Series I, Series O, Mackenzie Saxon Balanced Fund) Series PW, Series PWF, Series PWX) (B Series, Investor Series, Series A, Series AR, Series F, Mackenzie Canadian Concentrated Equity Fund (Formerly Series F8, Series I, Series O, Series Mackenzie Focus Canada Fund) O6, Series PW, Series PWF, Series PWX, Series T6, (Series A, Series F, Series O, Series PW, Series PWF, Series T8) Series PWX) Mackenzie Canadian Growth Balanced Fund (Formerly Mackenzie Canadian Growth Fund (Formerly Mackenzie Mackenzie Universal Canadian Universal Canadian Growth Fund) Balanced Fund) (Series A, Series F, Series G, Series I, (Series A, Series F, Series G, Series I, Series O, Series Series O, Series O6, Series PW, Series PW, Series PWF, Series PWX)
October 10, 2013 (2013) 36 OSCB 9997
IPOs, New Issues and Secondary Financings
Mackenzie Canadian Large Cap Dividend & Growth Fund Mackenzie International Growth Fund (Formerly Mackenzie (Formerly Mackenzie Maxxum Universal International Stock Fund) Dividend Growth Fund) (Series A, Series F, Series G, (Series A, Series F, Series I, Series O, Series PW, Series Series I, Series O, Series PW, Series PWF, PWF, Series PWX) Series PWX, Series T5) Mackenzie Ivy Foreign Equity Fund (Series A, Series AR, Mackenzie Canadian Large Cap Dividend Fund (Formerly Series F, Series F8, Series G, Series I, Mackenzie Maxxum Dividend Fund) Series O, Series O6, Series PW, Series PWF, Series PWX, (Series A, Series F, Series F8, Series G, Series O, Series Series T6, Series T8) O6, Series PW, Series PWF, Series Mackenzie Canadian Resource Fund (Formerly Mackenzie PWX, Series T6, Series T8) Universal Canadian Resource Fund) Mackenzie Canadian Large Cap Growth Fund (Formerly (Series A, Series F, Series G, Series O, Series PW, Series Mackenzie Maxxum Canadian Equity PWF, Series PWX) Growth Fund) (Series A, Series F, Series G, Series I, Symmetry Balanced Portfolio (Series A, Series AR, Series Series O, Series PW, Series PWF, Series F, Series F6, Series F8, Series G, PWX) Series O, Series PW, Series PWF, Series PWX, Series T6, Mackenzie Canadian Small Cap Value Fund (Formerly Series T8) Mackenzie Saxon Small Cap Fund) Symmetry Conservative Income Portfolio (Series A, Series (B Series, Investor Series, Series A, Series F, Series O, AR, Series F, Series F6, Series F8, Series PW, Series PWF, Series PWX) Series G, Series O, Series PW, Series PWF, Series PWX, Mackenzie Cundill Canadian Security Fund (Series AR, Series T6, Series T8) Series C, Series F, Series F8, Series G, Symmetry Conservative Portfolio (Series A, Series AR, Series I, Series O, Series PW, Series PWF, Series PWX, Series F, Series F6, Series F8, Series G, Series T6, Series T8) Series O, Series PW, Series PWF, Series PWX, Series T6, Mackenzie Growth Fund (Series A, Series F, Series G, Series T8) Series O, Series PW, Series PWF, Series Symmetry Fixed Income Portfolio (Series A, Series AR, PWX) Series F, Series F6, Series O, Series Mackenzie Ivy Canadian Fund (Series A, Series F, Series PW, Series PWF, Series PWF8, Series PWT8, Series F8, Series G, Series I, Series O, Series PWX, Series PWX8, Series T6, Series W) PW, Series PWF, Series PWX, Series T6, Series T8) Symmetry Growth Portfolio (Series A, Series AR, Series F, Mackenzie US Large Cap Growth Fund (Formerly Series F6, Series F8, Series G, Mackenzie Universal U.S. Growth Leaders Series O, Series PW, Series PWF, Series PWX, Series T6, Fund) (Series A, Series F, Series O, Series PW, Series Series T8) PWF, Series PWX) Symmetry Moderate Growth Portfolio (Series A, Series AR, Mackenzie Cundill Recovery Fund (Series AR, Series C, Series F, Series F6, Series F8, Series F, Series G, Series O, Series Series G, Series O, Series PW, Series PWF, Series PWX, PW, Series PWF, Series PWX) Series T6, Series T8) Mackenzie Cundill Value Fund (Series C, Series F, Series Mackenzie Canadian Short Term Yield Class (Formerly F8, Series G, Series I, Series O, Series Mackenzie Sentinel Canadian O6, Series PW, Series PWF, Series PWX, Series T6, Short-Term Yield Class) (Series A, Series F) Series T8) Mackenzie North American Corporate Bond Class Mackenzie Diversified Equity Fund (Formerly Mackenzie (Formerly Mackenzie Sentinel North Founders Fund) (Series A, Series AR, American Corporate Bond Class) (Series A, Series F, Series F, Series F8, Series G, Series O, Series O6, Series Series F6, Series O, Series O6, Series T6) PW, Series PWF, Series PWF8, Series Mackenzie Canadian All Cap Balanced Class (Formerly PWT8, Series PWX, Series PWX8, Series T6, Series T8) Mackenzie Saxon Balanced Class) Mackenzie Global Asset Strategy Fund (Formerly (Series A, Series F, , Series F8, Series O, Series O6, Mackenzie Global Tactical Fund) (Series A, Series PW, Series PWF, Series PWF8, Series F, Series O, Series PW, Series PWF, Series PWX) Series PWT8, Series PWX, Series PWX8, Series T6, Mackenzie Global Concentrated Equity Fund (Formerly Series T8) Mackenzie Focus Fund) (Series A, Mackenzie Strategic Income Class (Formerly Mackenzie Series F, Series I, Series O, Series PW, Series PWF, Sentinel Strategic Income Class) Series PWX) (Series A, Series F, Series F6, Series F8, Series O, Series Mackenzie Global Dividend Fund (Formerly Mackenzie O6, Series T6, Series T8) Universal Global Infrastructure Income Mackenzie All Cap Dividend Class (Series A, Series F, Fund) (Series A, Series AR, Series F, Series F8, Series I, Series F6, Series F8, Series O, Series Series O, Series O6, Series PW, Series PW, Series PWF, Series PWF8, Series PWT8, Series PWF, Series PWF8, Series PWT8, Series PWX, Series PWX, Series PWX8, Series T6, Series T8) PWX8, Series T5, Series T6, Series T8, Mackenzie Canadian All Cap Dividend Class (Formerly Series U, Series U5) Mackenzie Saxon Dividend Income Mackenzie Global Small Cap Growth Fund (Formerly Class) (Series A, Series F, Series F6, Series O, Series O6, Mackenzie Ivy Enterprise Fund) (Series A, Series PW, Series PWF, Series PWF8, Series F, Series G, Series O, Series PW, Series PWF, Series PWT8, Series PWX, Series PWX8, Series T6) Series PWX)
October 10, 2013 (2013) 36 OSCB 9998
IPOs, New Issues and Secondary Financings
Mackenzie Canadian All Cap Value Class (Formerly PWX8, Series T6, Series T8) Mackenzie Saxon Stock Class) (Series A, Mackenzie Global Diversified Equity Class (Formerly Series F, Series O, Series PW, Series PWF, Series PWX, Mackenzie Founders Global Equity Class) Series T8) (Series A, Series AR, Series F, Series O, Series O6, Series Mackenzie Canadian Large Cap Dividend Class (Formerly PW, Series PWF, Series PWF8, Mackenzie Maxxum Dividend Class) Series PWT8, Series PWX, Series PWX8, Series T6, (Series A, Series F, Series O, Series O6, Series PW, Series T8) Series PWF, Series PWF8, Series PWT8, Mackenzie Global Growth Class (Formerly Mackenzie Series PWX, Series PWX8, Series T6, Series T8) Universal Global Growth Class) (Series Mackenzie Canadian Small Cap Value Class (Formerly A, Series F, Series G, Series O, Series PW, Series PWF, Mackenzie Saxon Small Cap Class) Series PWF8, Series PWT8, Series (Series A, Series F, Series O, Series PW, Series PWF, PWX, Series PWX8, Series T8) Series PWX) Mackenzie Global Small Cap Growth Class (Formerly Mackenzie Cundill Canadian Security Class (Series A, Mackenzie Ivy Enterprise Class) (Series Series F, Series O, Series PW, Series A, Series F, Series O, Series PW, Series PWF, Series PWF, Series PWF8, Series PWT8, Series PWX, Series PWF8, Series PWT8, Series PWX, Series PWX8, Series T6, Series T8) PWX8, Series T8) Mackenzie Cundill US Class (Formerly Mackenzie Cundill Mackenzie International Growth Class (Formerly American Class) (Series A, Series F, Mackenzie Universal International Stock Series F8, Series O, Series PW, Series PWF, Series Class) (Series A, Series F, Series O, Series PW, Series PWF8, Series PWT8, Series PWX, Series PWF, Series PWF8, Series PWT8, Series PWX8, Series T6, Series T8) PWX, Series PWX8, Series T6, Series T8) Mackenzie US Growth Class (Formerly Mackenzie Mackenzie Ivy European Class (Series A, Series F, Series Universal North American Growth Class) O, Series PW, Series PWF, Series (Series A, Series F, Series G, Series O, Series PW, Series PWX, Series T6, Series T8) PWF, Series PWX, Series T8) Mackenzie Ivy Foreign Equity Class (Series A, Series F, Mackenzie US Large Cap Class (Formerly Mackenzie Series F8, Series O, Series O6, Series Universal U.S. Blue Chip Class) (Series A, PW, Series PWF, Series PWF8, Series PWT8, Series Series F, Series F8, Series I, Series O, Series PW, Series PWX, Series PWX8, Series T6, Series T8) PWF, Series PWF8, Series PWT8, Mackenzie Ivy Foreign Equity Currency Neutral Class Series PWX, Series PWX8, Series T6, Series T8) (Series A, Series AR, Series F, Series O, Mackenzie US Mid Cap Growth Class (Formerly Mackenzie Series PW, Series PWF, Series PWF8, Series PWT8, Universal American Growth Class) Series PWX, Series PWX8, Series T6, (Series A, Series AR, Series F, Series I, Series O, Series Series T8) PW, Series PWF, Series PWF8, Series Mackenzie Global Resource Class (Formerly Mackenzie PWT8, Series PWX, Series PWX8, Series T6, Series T8) Universal World Resource Class) Mackenzie US Mid Cap Growth Currency Neutral Class (Series A, Series F, Series O, Series PW, Series PWF, (Formerly Mackenzie Universal Series PWX, Series U) American Growth Currency Neutral Class) (Series A, Mackenzie Gold Bullion Class (Formerly Mackenzie Series AR, Series F, Series I, Series O, Universal Gold Bullion Class) (Series A, Series PW, Series PWF, Series PWF8, Series PWT8, Series F, Series O, Series PW, Series PWF, Series PWX) Series PWX, Series PWX8, Series T6, Mackenzie Precious Metals Class (Formerly Mackenzie Series T8) Universal World Precious Metals Class) Mackenzie Cundill Emerging Markets Class (Formerly (Series A, Series F, Series O, Series PW, Series PWF, Mackenzie Cundill Emerging Markets Series PWX) Value Class) (Series A, Series F, Series O, Series PW, Symmetry Balanced Portfolio Class (Series A, Series F, Series PWF, Series PWX) Series F8, Series O, Series O6, Series Mackenzie Cundill Recovery Class (Series A, Series F, PW, Series PWF, Series PWF8, Series PWT8, Series Series O, Series PW, Series PWF, Series PWX, Series PWX8, Series T6, Series T8) PWX) Symmetry Conservative Income Portfolio Class (Series A, Mackenzie Cundill Value Class (Series A, Series AR, Series F, Series F8, Series O, Series Series F, Series F8, Series O, Series O6, O6, Series PW, Series PWF, Series PWF8, Series PWT8, Series PW, Series PWF, Series PWF8, Series PWT8, Series PWX, Series PWX8, Series T6, Series PWX, Series PWX8, Series T6, Series T8) Series T8) Symmetry Conservative Portfolio Class (Series A, Series F, Mackenzie Emerging Markets Class (Formerly Mackenzie Series F8, Series O, Series PW, Universal Emerging Markets Class) Series PWF, Series PWF8, Series PWT8, Series PWX, (Series A, Series F, Series O, Series U, Series PW, Series Series PWX8, Series T6, Series T8) PWF, Series PWX) Symmetry Equity Portfolio Class (Series A, Series AR, Mackenzie Global Concentrated Equity Class (Formerly Series F, Series F6, Series F8, Series G, Mackenzie Focus Class) (Series A, Series O, Series PW, Series PWF, Series PWF8, Series Series F, Series O, Series PW, Series PWF, Series PWF8, PWT8, Series PWX, Series PWX8, Series PWT8, Series PWX, Series Series T6, Series T8, Series W)
October 10, 2013 (2013) 36 OSCB 9999
IPOs, New Issues and Secondary Financings
Symmetry Fixed Income Portfolio Class (Series A, Series Issuer Name: F, Series O, Series O6, Series T6, Portland Advantage Fund Series T8, Series W) Portland Canadian Balanced Fund Symmetry Growth Portfolio Class (Series A, Series F, Portland Canadian Focused Fund Series F8, Series O, Series PW, Series Portland Global Income Fund (Series T Units also PWF, Series PWF8, Series PWT8, Series PWX, Series available) PWX8, Series T6, Series T8) Principal Regulator - Ontario Symmetry Moderate Growth Portfolio Class (Series A, Type and Date: Series F, Series F8, Series O, Series O6, Final Simplified Prospectuses dated September 27, 2013 Series PW, Series PWF, Series PWF8, Series PWT8, NP 11-202 Receipt dated October 1, 2013 Series PWX, Series PWX8, Series T6, Offering Price and Description: Series T8) Series A, Series F, Series G and Series T Units Principal Regulator - Ontario Underwriter(s) or Distributor(s): Type and Date: Portland Private Wealth Services Inc. Final Simplified Prospectuses dated September 27, 2013 Promoter(s): NP 11-202 Receipt dated October 4, 2013 - Offering Price and Description: Project #2104818 Series A, AR, B, C, DA,, F, F6, F8, G, GP, I, O, 06, PW, PWF, PWF8, PWT8, PWX, PWX8, S6, SC, SP, T5, T6, T8, ______U, U5, W, B-Series and Investor Series securities Issuer Name: Underwriter(s) or Distributor(s): Premium Brands Holdings Corporation Quadrus Investment Services Ltd. Principal Regulator - British Columbia LBC Financial Services Inc. Type and Date: Promoter(s): Final Short Form Prospectus dated October 2, 2013 Mackenzie Financial Corporation NP 11-202 Receipt dated October 2, 2013 Mackenzie Financial Capital Corporation Offering Price and Description: Project #2103259 $50,000,000.00 - 5.50% Convertible Unsecured Subordinated Debentures ______Price: Per Debenture $1,000.00 Issuer Name: Underwriter(s) or Distributor(s): Merus Labs International Inc. CIBC World Markets Inc. Principal Regulator - Ontario BMO Nesbitt Burns Inc. Type and Date: National Bank Financial Inc. Final Base Shelf Prospectus dated October 3, 2013 Scotia Capital Inc. NP 11-202 Receipt dated October 4, 2013 TD Securities Inc. Offering Price and Description: Canaccord Genuity Corp. $80,000,000 PI Fiancial Corp. Debt Securities Promoter(s): Common Shares - Subscription Receipts Project #2112130 Warrants Preferred Shares ______Units Underwriter(s) or Distributor(s): - Promoter(s): - Project #2092339
______
October 10, 2013 (2013) 36 OSCB 10000
IPOs, New Issues and Secondary Financings
Issuer Name: Issuer Name: Russell Income Essentials Class Portfolio Sulliden Gold Corporation Ltd. (US Dollar Hedged Series B-5, US Dollar Hedged Series F- Principal Regulator - Quebec 5) Type and Date: Russell Diversified Monthly Income Class Portfolio Final Short Form Prospectus dated October 3, 2013 (US Dollar Hedged Series B-5, US Dollar Hedged Series F- NP 11-202 Receipt dated October 4, 2013 5) Offering Price and Description: Principal Regulator - Ontario $40,086,000.00 - 39,300,000 Common Shares $1.02 per Type and Date: Offered Share Amendment #1 dated September 25, 2013 to the Simplified Underwriter(s) or Distributor(s): Prospectuses and Annual Information Form dated July 8, NATIONAL BANK FINANCIAL INC. 2013 SCOTIA CAPITAL INC. NP 11-202 Receipt dated October 3, 2013 RAYMOND JAMES LTD. Offering Price and Description: CORMARK SECURITIES INC. - GMP SECURITIES L.P. Underwriter(s) or Distributor(s): DESJARDINS SECURITIES INC. Russell Investments Canada Limited HAYWOOD SECURITIES INC. Promoter(s): MACQUARIE CAPITAL MARKETS CANADA LTD. Russell Investments Canada Limited Promoter(s): Project #2067785 - Project #2115138 ______Issuer Name: ______Strategic Oil & Gas Ltd. Issuer Name: Principal Regulator - Alberta Verisante Technology, Inc. Type and Date: Principal Regulator - British Columbia Final Short Form Prospectus dated September 30, 2013 Type and Date: NP 11-202 Receipt dated October 1, 2013 Final Short Form Prospectus dated September 30, 2013 Offering Price and Description: NP 11-202 Receipt dated October 2, 2013 $12,017,500.00 - 12,650,000 Common Shares; and Offering Price and Description: $17,000,000.00 - 15,454,545 Flow-Through Shares: Per Up to $10,000,000.00 Offered Common Share $0.95, Per Flow-Through Share Common Shares $1.10 Units consisting of Common Shares and Warrants to Underwriter(s) or Distributor(s): Purchase Common Shares RAYMOND JAMES LTD. Underwriter(s) or Distributor(s): MACQUARIE CAPITAL MARKETS CANADA LTD. - DUNDEE SECURITIES LTD. Promoter(s): FIRSTENERGY CAPITAL CORP. - NATIONAL BANK FINANCIAL INC. Project #2112157 PARADIGM CAPITAL INC. PI FINANCIAL CORP. ______Promoter(s): - Project #2114666
______
October 10, 2013 (2013) 36 OSCB 10001
IPOs, New Issues and Secondary Financings
Issuer Name: Western Forest Products Inc. Principal Regulator - British Columbia Type and Date: Final Short Form Prospectus dated October 2, 2013 NP 11-202 Receipt dated October 2, 2013 Offering Price and Description: $58,000,000.00 - 40,000,000 Units $1.45 per Unit Underwriter(s) or Distributor(s): SCOTIA CAPITAL INC. CIBC WORLD MARKETS INC. GOLDMAN SACHS CANADA INC. RBC DOMINION SECURITIES INC. TD SECURITIES INC. BMO NESBITT BURNS INC. HSBC SECURITIES (CANADA) INC. NATIONAL BANK FINANCIAL INC. RAYMOND JAMES LTD. Promoter(s): - Project #2114007
______
October 10, 2013 (2013) 36 OSCB 10002
Chapter 12
Registrations
12.1.1 Registrants
Type Company Category of Registration Effective Date
New Registration Equinox Investment Management Ltd. Portfolio Manager October 3, 1013
From: Restricted Portfolio Manager Change in Registration BridgingFinance Inc. October 3, 2013 Category To: Restricted Portfolio Manager and Exempt Market Dealer
From: Baring Asset Management LLC Investment Fund Manager Name Change October 7, 2013 and Exempt Market Dealer To: Baring North America LLC
October 10, 2013 (2013) 36 OSCB 10003
Registrations
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October 10, 2013 (2013) 36 OSCB 10004
Chapter 13
SROs, Marketplaces and Clearing Agencies
13.1 SROs
13.1.1 Notice of Ministerial Approval of Memorandum of Understanding between Certain Provincial Securities Regulators Concerning the Mutual Fund Dealers Association of Canada (MFDA)
NOTICE OF MINISTERIAL APPROVAL OF MEMORANDUM OF UNDERSTANDING BETWEEN CERTAIN PROVINCIAL SECURITIES REGULATORS CONCERNING THE MUTUAL FUND DEALERS ASSOCIATION OF CANADA (MFDA)
On October 2, 2013, the Minister of Finance approved, pursuant to section 143.10 of the Securities Act (Ontario), the memorandum of understanding between certain provincial securities regulators, collectively the recognizing regulators (RRs), concerning the MFDA (the MOU).The MOU is intended to promote a more effective and efficient system of oversight of the MFDA and to formalize current cooperation among the RRs. It provides a comprehensive framework with respect to the coordination of the oversight reviews and activities of the MFDA by the RRs. The MOU sets out an agreed communication process with the MFDA, and establishes uniform procedures, in the form of a Joint Rule Protocol ("JRP"), relating to the review and approval of or non-objection to rule changes proposed by the MFDA.
The MOU came into effect in Ontario on October 2, 2013. The MOU signed by certain provincial securities regulators, was published in the Bulletin on August 8, 2013 (See (2013), 36 OSCB 7909).
October 10, 2013 (2013) 36 OSCB 10005
SROs, Marketplaces and Clearing Agencies
13.1.2 OSC Staff Notice of Approval – MFDA Proposed Amendments to MFDA Rules 2.2.5 (Relationship Disclosure), 2.4.4 (Transaction Fees or Charges) and 5.4.2 (Trade Confirmations – Automatic Payment Plans)
OSC STAFF NOTICE OF REQUEST FOR COMMENT
MUTUAL FUNDS DEALERS ASSOCIATION OF CANADA (MFDA)
AMENDMENTS TO MFDA RULES 2.2.5 (RELATIONSHIP DISCLOSURE), 2.4.4 (TRANSACTION FEES OR CHARGES) AND 5.4.2 (TRADE CONFIRMATIONS – AUTOMATIC PAYMENT PLANS)
The MFDA and British Columbia Securities Commission (BCSC) are publishing for public comment proposed amendments to MFDA Rules 2.2.5 (Relationship Disclosure), 2.4.4 (Transaction Fees or Charges) and 5.4.2 (Trade Confirmations – Automatic Payment Plans). The objective of the amendments is to amend the above-mentioned rules to reflect recent changes to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) and the Companion Policy to the Instrument related to cost disclosure, performance reporting and client statement. The requirements established under NI 31-103 will come into effect on July 15, 2014. A copy of the MFDA Notice including the amended documents was also published on our website at http://www.osc.gov.on.ca.
October 10, 2013 (2013) 36 OSCB 10006
Chapter 25
Other Information
25.1 Approvals mutual fund trusts which may be established and managed by the Applicant from time to time, the securities of which 25.1.1 Capital International Asset Management will be offered pursuant to an exemption from the (Canada) Inc. – s. 213(3)(b) of the LTCA prospectus requirement.
Headnote Yours truly,
Clause 213(3)(b) of the Loan and Trust Corporations Act – “C. Wesley M. Scott” application by manager, with prior track record acting as Commissioner trustee, for approval to act as trustee of pooled funds and future pooled funds to be managed by the applicant and “Christopher Portner” offered pursuant to a prospectus exemption. Commissioner
Statutes Cited
Loan and Trust Corporations Act, R.S.O. 1990, c. L.25, as am., s. 213(3)(b).
September 25, 2013
Borden Ladner Gervais LLP Scotia Plaza 40 King Street West Toronto, Ontario M5H 3Y4
Attention: Lynn M. McGrade
Dear Sirs/Mesdames:
Re: Capital International Asset Management (Canada) Inc. (the “Applicant”)
Application under Clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario) (the “LTCA”) for Approval of Appointment as Trustee
Application No. 2013/0563
Further to your application dated August 28, 2013 (the “Application”) filed on behalf of the Applicant, and based on the facts set out in the Application and the representation by the Applicant that the assets of the U.S. Equity Fund and any other future mutual fund trusts that the Applicant may establish and manage from time to time, will be held in the custody of a trust company incorporated and licensed or registered under the laws of Canada or a jurisdiction, or a bank listed in Schedule I, II or III of the Bank Act (Canada), or an affiliate of such bank or trust company, the Ontario Securities Commission (the “Commission”) makes the following order:
Pursuant to the authority conferred on the Commission in clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that the Applicant act as trustee of U.S. Equity Fund and any future
October 10, 2013 (2013) 36 OSCB 10007
Other Information
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October 10, 2013 (2013) 36 OSCB 10008
Index
360 Trading Networks Inc. CGI Information Systems and Management Order – s. 147 ...... 9789 Consultants Inc. News Release ...... 9725 Alpha Exchange Inc. Order – s. 15.1 of NI 21-101 CHI-X Canada ATS Limited Marketplace Operation ...... 9786 Order – s. 15.1 of NI 21-101 Marketplace Operation ...... 9786 Alpha Market Services Inc. Order – s. 15.1 of NI 21-101 Chomica, Jan Marketplace Operation ...... 9786 Notice from the Office of the Secretary ...... 9730 Order – ss. 27, 127(1), 127(10) ...... 9776 Alpha Trading Systems Inc. OSC Reasons (Sanctions) ...... 9859 Order – s. 15.1 of NI 21-101 Marketplace Operation ...... 9786 Chomica, Michael Notice from the Office of the Secretary ...... 9730 Alpha Trading Systems Limited Partnership Order – ss. 27, 127(1), 127(10) ...... 9776 Order – s. 15.1 of NI 21-101 OSC Reasons (Sanctions) ...... 9859 Marketplace Operation ...... 9786 CMC Markets Canada Inc. Banks, Lorne Decision ...... 9742 Notice from the Office of the Secretary ...... 9730 Order – ss. 27, 127(1), 127(10) ...... 9776 CMC Markets UK Plc OSC Reasons (Sanctions) ...... 9859 Decision ...... 9742
Baring Asset Management LLC CNSX Markets Inc. Name Change ...... 10003 Order – s. 15.1 of NI 21-101 Marketplace Operation ...... 9786 Baring North America LLC Name Change ...... 10003 Cornerstone Asset Management L.P. Decision ...... 9751 BGC Derivative Markets, L.P. Order – s. 147 ...... 9794 Counsel Portfolio Services Inc. Decision ...... 9753 Bloomberg SEF LLC Order – s. 147 ...... 9809 Crenian, Richard OSC Reasons (Settlement Agreement)...... 9855 Bloomberg Tradebook Canada Company Order – s. 15.1 of NI 21-101 Crown Capital Management Corp. Marketplace Operation ...... 9786 Notice from the Office of the Secretary ...... 9730 Order – ss. 27, 127(1), 127(10) ...... 9776 BridgingFinance Inc. OSC Reasons (Sanctions) ...... 9859 Change in Registration Category ...... 10003 CSA Staff Notice 13-320 Regarding Implementation of Canadian Lamb Producers Cooperative Inc. Multilateral Instrument 13-102 System Fees for SEDAR Decision ...... 9735 and NRD and Related Consequential Amendments to CSA National Systems Rules Candeal.Ca Inc Notice ...... 9717 Order – s. 15.1 of NI 21-101 Marketplace Operation ...... 9786 Desjardins Emerging Markets Bond Fund Decision ...... 9754 Canpro Income Fund I, LP Notice of Hearing – s. 127 of the Act and Desjardins Global Tactical Bond Fund Rule 12 of the OSC Rules of Procedure ...... 9722 Decision ...... 9754 Notice from the Office of the Secretary ...... 9729 Desjardins Investments Inc. Capital International Asset Management (Canada) Inc. Decision ...... 9754 Approval – s. 213(3)(b) of the LTCA ...... 10007
October 10, 2013 (2013), 36 OSCB 10009
Index
Equilend Canada Corp. Guardian Canadian Plus Equity Fund Order – s. 15.1 of NI 21-101 Decision ...... 9760 Marketplace Operation ...... 9786 Decision ...... 9764
Equinox Investment Management Ltd. Guardian Canadian Short-Term Investment Fund New Registration ...... 10003 Decision ...... 9760 Decision ...... 9764 Ernst & Young LLP Notice from the Office of the Secretary ...... 9730 Guardian Canadian Small/Mid Cap Equity Fund Order – ss. 127, 127.1 ...... 9775 Decision ...... 9760 Decision ...... 9764 FCPF Corporation OSC Reasons (Settlement Agreement) ...... 9855 Guardian Capital LP Decision ...... 9760 First Quadrant, L.P. Decision ...... 9764 Order – s. 80 of the CFA ...... 9778 Guardian Equity Income Fund Galvanic Applied Sciences Inc. Decision ...... 9760 Decision ...... 9768 Decision ...... 9764
Gauthier, Normand Guardian Global Dividend Growth Fund Notice of Hearing – s. 127 of the Act and Decision ...... 9760 Rule 12 of the OSC Rules of Procedure ...... 9722 Decision ...... 9764 Notice from the Office of the Secretary ...... 9729 Guardian Global Equity Fund Gentree Asset Management Inc. Decision ...... 9760 Notice of Hearing – s. 127 of the Act and Decision ...... 9764 Rule 12 of the OSC Rules of Procedure ...... 9722 Notice from the Office of the Secretary ...... 9729 Guardian Growth & Income Fund Decision ...... 9760 GFI Swaps Exchange LLC Decision ...... 9764 Order – s. 147 ...... 9814 Guardian High Yield Bond Fund Global Capital Group Decision ...... 9760 Notice from the Office of the Secretary ...... 9730 Decision ...... 9764 Order – ss. 27, 127(1), 127(10) ...... 9776 OSC Reasons (Sanctions) ...... 9859 Guardian International Equity Fund Decision ...... 9760 Global Consulting and Financial Services Decision ...... 9764 Notice from the Office of the Secretary ...... 9730 Order – ss. 27, 127(1), 127(10) ...... 9776 Guardian U.S. Equity Fund OSC Reasons (Sanctions) ...... 9859 Decision ...... 9760 Decision ...... 9764 Guardian Balanced Fund Decision ...... 9760 ICAP SEF (US) LLC Decision ...... 9764 Order – s. 147 ...... 9819
Guardian Balanced Income Fund ICE SWAP TRADE, LLC Decision ...... 9760 Order – s. 147 ...... 9829 Decision ...... 9764 INFX SEF Guardian Canadian Bond Fund Decision – s. 147 ...... 9799 Decision ...... 9760 Decision ...... 9764 Instinet Canada Cross Limited Order – s. 15.1 of NI 21-101 Guardian Canadian Equity Fund Marketplace Operation ...... 9786 Decision ...... 9760 Decision ...... 9764 Investor Education Month News Release ...... 9726 Guardian Canadian Growth Equity Fund Decision ...... 9760 IPC Securities Corporation Decision ...... 9764 Decision ...... 9753
October 10, 2013 (2013), 36 OSCB 10010
Index
Javelin SEF, LLC Robert W. Baird & Co. Incorporated Order – s. 147 ...... 9804 Decision ...... 9731
Kiernan, James Thomas Strike Minerals Inc. Decision ...... 9751 Cease Trading Order ...... 9861
Liquidnet Canada Inc. Stuart Investment Management Limited Order – s. 15.1 of NI 21-101 Decision ...... 9751 Marketplace Operation ...... 9786 Tang, Weizhen Marketaxess Canada Limited Notice of Hearing – ss. 127(1), 127(10)...... 9719 Order – s. 15.1 of NI 21-101 Notice from the Office of the Secretary ...... 9728 Marketplace Operation ...... 9786 Notice from the Office of the Secretary ...... 9729 Temporary Order – ss. 127(7) and (8) ...... 9774 Medicago Inc. Decision – s. 1(10) ...... 9769 TeraExchange, LLC Order – s. 147 ...... 9824 Memorandum of Understanding between Certain Provincial Securities Regulators Concerning the Thomson Reuters (SEF) LLC Mutual Fund Dealers Association of Canada (MFDA) Order – s. 147 ...... 9835 SROs ...... 10005 Timbercreek Mortgage Investment Corporation MFDA Proposed Amendments to MFDA Rules 2.2.5 Decision ...... 9749 (Relationship Disclosure), 2.4.4 (Transaction Fees or Charges) and 5.4.2 (Trade Confirmations – Automatic Timbercreek Senior Mortgage Investment Corporation Payment Plans) Decision ...... 9758 SROs ...... 10006 TMX Group Inc. Noveko International Inc. Order – s. 15.1 of NI 21-101 Cease Trading Order ...... 9861 Marketplace Operation ...... 9786
O’Brien, David M. TMX Select Inc. Notice from the Office of the Secretary ...... 9728 Order – s. 15.1 of NI 21-101 Order – s. 9(1) of the SPPA and Rules 5.2(1), Marketplace Operation ...... 9786 8.1 of the OSC Rules of Procedure ...... 9770 tpSEF Inc. Omega Securities Inc. Order – s. 147 ...... 9840 Order – s. 15.1 of NI 21-101 Marketplace Operation ...... 9786 Tradition SEF Inc. Order – s. 147 ...... 9845 OSC Staff Notice 21-707 – Swap Execution Facilities – Exemptions from Requirement to Register as Triact Canada Marketplace LP Exchanges Order – s. 15.1 of NI 21-101 Notice ...... 9716 Marketplace Operation ...... 9786
OTC Derivative Regulators Group TSX Inc. News Release ...... 9723 Order – s. 15.1 of NI 21-101 Marketplace Operation ...... 9786 Oversea Chinese Fund Limited Partnership Notice from the Office of the Secretary ...... 9728 TW SEF LLC Temporary Order – ss. 127(7) and (8) ...... 9774 Order – s. 147 ...... 9850
Perimeter Markets Inc. Wasco Capital Inc. Order – s. 15.1 of NI 21-101 Cease Trading Order ...... 9861 Marketplace Operation ...... 9786 Weizhen Tang and Associates Inc. R.E.A.L. Group Fund III (Canada) LP Notice from the Office of the Secretary ...... 9728 Notice of Hearing – s. 127 of the Act and Temporary Order – ss. 127(7) and (8) ...... 9774 Rule 12 of the OSC Rules of Procedure ...... 9722 Notice from the Office of the Secretary ...... 9729 Weizhen Tang Corp. Notice from the Office of the Secretary ...... 9728 Redev Corporation Temporary Order – ss. 127(7) and (8) ...... 9774 OSC Reasons (Settlement Agreement) ...... 9855
October 10, 2013 (2013), 36 OSCB 10011
Index
Zungui Haixi Corporation Notice from the Office of the Secretary ...... 9730 Order – ss. 127, 127.1 ...... 9775
October 10, 2013 (2013), 36 OSCB 10012